Uber Technologies, Inc. (UBER)
Uber Technologies, Inc. (UBER) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
Is It Worth Investing in Uber (UBER) Based on Wall Street's Bullish Views?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Uber: The Robotaxi Revolution Makes Me More Bullish
Uber is not developing autonomous vehicles itself but is strategically partnering to benefit from the technology. UBER avoids heavy R&D costs by leveraging alliances with autonomous vehicle innovators instead of direct competition. The prevailing bear thesis underestimates UBER's adaptability and its platform's ability to profit regardless of who supplies the vehicles.
Uber Technologies (UBER) Stock Slides as Market Rises: Facts to Know Before You Trade
The latest trading day saw Uber Technologies (UBER) settling at $72.42, representing a -2.7% change from its previous close.
Uber CEO Dara Khosrowshahi Departs Grab Holdings Board of Directors
Seeking Alpha reported Monday (July 6) that Uber Technologies CEO Dara Khosrowshahi has stepped down from the board of directors at Grab Holdings Limited, effective immediately. The executive's departure from the board of the prominent ride-hailing and delivery network prompted a swift market reaction, with Grab's shares declining by about 3% during Monday's trading session.
Uber's European expansion plans may have hit a speed bump
Back in February, Uber announced ambitious plans to launch in seven new European markets in 2026 — but now the Financial Times reports that five of those launches are on hold. Country launches that have been paused include Austria, Norway, and Greece.
Uber's insurance and operational fees can vary widely on similar trips
Uber's insurance and operational fees are among the biggest costs baked into a fare on the app. A recent study found they can vary a lot between very similar ride-hailing trips.
Uber salaries revealed: See how much the ride-hailing company pays product managers, software engineers, and others
Uber is hiring in the US, though it's pulled back on visa applications for foreign workers. Software engineers can make base salaries of up to $410,000, according to federal data.
Is UBER's AV Push Reason Enough to Invest in the Stock Currently?
Uber's AV partnerships, gross bookings strength and diversification support its long-term outlook, but debt, labor unrest and geopolitical woes remain risks.
Uber's Waymo Detour Tests the Stock's Robotaxi Bull Case
When headlines hit the wire that Alphabet NASDAQ: GOOGL subsidiary Waymo was removing its autonomous vehicles from the Uber app in Phoenix, the market reacted with predictable, reactionary selling. Shares of Uber Technologies NYSE: UBER slid more than 4% on June 29 after the news was released, pushing the stock down nearly 12% year to date and leaving it near $72.
Uber-Backed Lime Raises $174 Million in Public Debut
The IPO window is showing more signs of life, with Uber-backed Lime raising $174 million in its public debut, pricing its shares right at the midpoint of the expected range. Lime CEO Wayne Ting says the company is going public to attract new investors, and is thinking about M&A, though "the bar is high.
"Struggle Street" for UBER: Peak Business Performance Sees GOOGL, TSLA Pressure
Uber Technologies (UBER) is "stuck on struggle street," says Thomas Martin. He says the company is performing at its best, though the rise of robotaxis like Alphabet's (GOOGL) Waymo and Tesla's (TSLA) self-driving vehicle add outlook pressures.
