Uber Technologies, Inc. (UBER)
UBER Strong on the Gross Bookings Front: A Sign of More Upside?
Uber's surging gross bookings across mobility and delivery signal strong demand and potential for continued growth.
Uber drivers offered $4K rebates for going green and switching to electric vehicles
Eligible drivers can use the payment to buy new or used EVs in states including New York, California, Colorado and Massachusetts.
Uber rebrands ‘Green' as ‘Electric', offers US drivers $4,000 to switch to EVs
Uber Technologies said on Wednesday it is rebranding its “Uber Green” service as “Uber Electric” and launching a $4,000 grant program for drivers, as part of the ride-hailing giant's push toward zero-emission rides by 2040.
Uber: Riding The Autonomous Wave To Profitable Growth
Uber is transforming into a global Mobility Super-App, leveraging network effects, operating leverage, and recurring revenues from Uber One and advertising. UBER's core Mobility and Delivery segments benefit from urbanization, declining car ownership, and cross-segment utilization, driving strong growth and profitability. Autonomous vehicles are positioned as a future tailwind for UBER, enabling higher margins and reinforcing its role as a demand aggregator in the mobility ecosystem.
Uber: Better Positioned Than Rivals In A Promotional Environment (Upgrade)
Uber is well positioned to thrive despite a weakening macroeconomy, supported by expanding margins and strong market share potential. UBER's delivery and mobility segments are outpacing rivals in profitability, with notably higher adjusted EBITDA margins than DoorDash and Lyft. The company's robust margin profile enables aggressive promotions, allowing UBER to capture additional market share as consumer spending slows.
UBER Soars 55% YTD: How Should Investors Play the Stock Now?
Uber's 55% YTD surge is fueled by strong bookings, drone delivery moves and a $20B buyback plan, but valuation concerns linger.
Uber: Mobility Conglomerate Valued Cheaply
Uber Technologies (UBER) is now a profitable, diversified mobility and logistics platform, delivering strong financial results and growth across all business segments. Bullish factors include drone-based deliveries, AI and autonomous driving initiatives, and strategic leadership hires in the freight division. UBER trades at attractive valuation multiples with robust cash flow, solid balance sheet, and Wall Street price targets indicating further upside potential.
UBER Rides on Strong Rideshare Resilience, TSLA Robotaxi Poses Growth Wild Card
@LikeFolio's data in consumer sentiment for Uber Technologies (UBER) moved in-line with the stock's performance, says Megan Brantley. Uber's diverse rideshare and delivery options gave the stock room to run higher, though Megan makes the case that consumer loyalty will come into question as tech like Tesla's (TSLA) robotaxi accelerates.
Uber Technologies (UBER) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the latest trading session, Uber Technologies (UBER) closed at $97.8, marking a -2.3% move from the previous day.
Uber Technologies, Inc. (UBER) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Uber (UBER) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Newsom signs bill giving Uber and Lyft drivers in California the right to unionize
Drivers for ride-hailing apps like Uber and Lyft will soon have the right to unionize in California as independent contractors, thanks to a bill signed Friday by Governor Gavin Newsom.
Uber Acquires Segments.ai to Grow Data Labeling Business
Uber has acquired Segments.ai, a multi-sensor labeling platform for robotics and autonomous driving, the two companies said Thursday (Oct. 2) in separate posts on LinkedIn. In its post, Uber AI Solutions, Uber's AI data services business, said that the acquisition is part of its commitment to building its lidar and multi-sensor data annotation capabilities.
