Uber Technologies, Inc. (UBER)
Is Uber stock a buy after its bold $318M European expansion bet?
Uber has made a small deal with a big message for investors. The company is buying a 4.5% stake in German food-delivery group Delivery Hero for about €270 million, or roughly $318 million, by acquiring 13.6 million shares from Prosus at €20 each.
Uber Buys Part of Prosus Stake in Delivery Hero as Part of Just Eat Remedy
Prosus's move comes after it struck a deal last year to buy Just Eat, a rival to both Delivery Hero and Uber.
Uber raises stake in Delivery Hero in $318 million deal
Uber will pay will pay 20 euros a share for an additional 4.5% of Delivery Hero's shares, it was announced on Friday. Prosus, which is selling the shares, said gross proceeds are approximately 270 million euros ($318 million).
Uber: The Profit Machine Awakens (Rating Upgrade)
Uber is upgraded to a "Buy" rating due to strong operating leverage, robust growth, and anticipated AI-driven efficiencies. UBER posted 19% YoY revenue growth and 35% YoY adjusted EBITDA growth, with expanding margins and sustained profitability. Management views autonomous vehicles as a long-term market-expanding opportunity, while ongoing share buybacks signal commitment to shareholder returns.
Uber Technologies (UBER) Stock Falls Amid Market Uptick: What Investors Need to Know
Uber Technologies (UBER) reached $76.48 at the closing of the latest trading day, reflecting a -1.04% change compared to its last close.
Uber strengthens self-driving ambitions with new Lucid investment, analysts say
Uber Technologies Inc (NYSE:UBER, XETRA:UT8) has increased its investment in Lucid Group Inc (NASDAQ:LCID) and expanded its vehicle purchase commitment, signaling a stronger push into autonomous ride-hailing, according to Bank of America. The ride-hailing company will invest an additional $200 million in Lucid, bringing its total investment to $500 million, while raising its commitment to purchase more than 35,000 vehicles from the electric vehicle maker.
Uber and Lyft Gain 7% as Bold Bets on Robotaxis and Buybacks Reignite Investor Excitement
Uber Technologies (NYSE:UBER | UBER Price Prediction) stock is up 7% today, rising from $72.91 to $77.76, while Lyft (NASDAQ:LYFT) stock is up 7% as well, climbing from $13.71 to $14.66.
Uber: Favorable Ride Pricing Tailwinds For 2026 Underlie A Cheap Ebitda Multiple
Uber Technologies remains a core long-term holding, with a recent >10% correction creating a compelling entry point at attractive EBITDA multiples. UBER is expecting insurance costs to fall in FY26, which it's planning to reinvest into favorable ride pricing to maintain strong recent bookings growth momentum. Current valuation at 13.8x FY26 EV/EBITDA appears modest relative to >20% bookings growth and conservative consensus estimates, suggesting upside potential.
Uber commits $10 billion to robotaxis in strategy shift, FT says
Uber has committed more than $10 billion to buying thousands of autonomous vehicles and taking stakes in their developers, breaking from its asset-light "gig economy" business model to avoid disruption from robotaxis, the Financial Times reported on Wednesday.
UBER Stock Plunges 23.4% in 6 Months:Time to Hold or Fold?
Uber shares fall 23.5% in six months on regulatory pressure, Waymo robotaxi fears and soft Q4 EPS but bookings growth and diversification continue.
A new CEO and a deal with Uber aren't enough to lift this EV maker's struggling stock
The electric-vehicle maker said it will be led by Silvio Napoli, the former CEO and executive chairman of the Schindler Group, a Switzerland-based manufacturer and service provider focused on elevators and escalators. Marc Winterhoff, Lucid's LCID-5.03% interim CEO, will return to his role as the company's chief operating officer.
Uber and Nuro begin testing premium robotaxi service in San Francisco
If you spot a Lucid Gravity SUV blinged out with sensors — and a self-driving system developed by Nuro — driving around San Francisco, chances are that's an Uber employee taking a ride.
