Uber (UBER) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Forty million trips a day. Fifteen thousand cities.
Evaluate Uber's (UBER) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
For years, Uber talked about becoming a super app. Then Waymo started picking up passengers in San Francisco, and the conversation grew more urgent.
Uber gives riders and drivers ratings to incentivize good behavior on the platform. The CEO of Uber shows that getting five out of five stars can be tough.
Uber, DoorDash, and Instacart targeted high-income consumers — and boosted their quarterly earnings. Their latest offerings, from hotel booking to coffees in an Uber Black, take aim at affluent users.
Uber beats on Q1 EPS and forecasts strong bookings despite Middle East tensions. Its shares have declined in the past six months amid robotaxi competition.
Uber has strategically shifted from developing self-driving tech in-house to becoming a platform aggregating global autonomous driving efforts. UBER's $10B investment in partnerships and EV purchases secures access to cutting-edge autonomous vehicles while avoiding the heavy R&D burden of direct development. By partnering with diverse autonomous and EV providers, UBER strengthens its supply chain and maintains a tech-agnostic, capital-light model with future flexibility.
Investors will soon be able to invest in an e-bike and e-scooter pure play again, following Bird's turbulent prior run on the public market.
UBER adds more than 1,500 Ulta Beauty stores to Uber Eats, boosting same-day beauty delivery and widening its retail push.
The rivalry between Uber Technologies and Lyft has traditionally revolved around the same core questions: Who could grow faster, subsidize rides longer and survive the brutal economics of ridesharing? But as the most recent quarterly earnings from both mobility platforms reveal, the competitive frame has shifted.
Uber Technologies delivered strong Q1 results, with 14.5% revenue growth and robust delivery segment performance. Delivery revenue surged 34% y/y, offsetting weaker Mobility and Freight growth, positioning Delivery as a future primary driver. Profitability improved notably, with adjusted EBITDA up 33% to $2.5B and adjusted operating margin reaching 14.3%.