Uber Technologies is a 'Strong Buy' as the business fundamentals remain robust despite recent stock weakness. UBER is compounding topline at 20%+, with earnings and free cash flow scaling faster than bookings; buybacks are highly accretive at current valuation. Guidance implies sustained double-digit bookings growth, expanding margins, and $14–16 billion in free cash flow by 2028.
OpenAI is making yet another big, visible bet on India. It has appointed former Uber India and South Asia president Prabhjeet Singh as its first managing director for the country to scale its presence in what it has called its second-largest market after the U.S.
Uber is positioned to benefit from AI-driven cost efficiencies and operating leverage, supporting robust and expanding GAAP profitability. UBER delivered 21% YoY gross bookings growth and 42% YoY non-GAAP operating income growth, with a standout 41.6% incremental GAAP operating margin. Management guides for up to 22% YoY gross bookings growth and adjusted EBITDA of up to $2.8 billion, highlighting scale advantages and AI integration.
UBER is expanding Uber Eats with new retailers, pushing beyond food delivery into everyday needs, from skincare and shipping to pet supplies.
Uber (UBER) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Lime, the Uber-backed electric scooter and bike sharing startup, has applied to list on the Nasdaq stock exchange. The company aims to raise $181.9 million, potentially valuing it at $1.8 billion.
Uber Technologies (UBER) shares are ripping higher on Wednesday morning after the ride-hailing giant confirmed it has added five major, diverse brands to its on-demand Uber Eats marketplace. As investors cheered the announcement, UBER broke above its key moving averages (20-day, 50-day, and 100-day), indicating bulls are beginning to take back control across multiple timeframes.
The latest trading day saw Uber Technologies (UBER) settling at $69.67, representing a -2.46% change from its previous close.
A new lawsuit takes aim at Uber's CEO and board over thousands of rider sexual assault claims. The shareholder lawsuit says that Uber cut corners "in the name of growing the company.
Uber Technologies (NYSE:UBER | UBER Price Prediction) at $70.91 sits in a holding pattern.
UBER's new family safety app integration lets parents request teen rides, track trips in real time and coordinate transportation through a single platform.
The Turkish Competition Board said on Friday it had approved Uber Technologies Inc.'s acquisition of the delivery arm of Turkey's Getir from Emirati controlling shareholder Mubadala.