Uber, Comcast, Gilead Sciences and Onfolio Holdings are included in this Analyst Blog.
Uber's stock has risen 24.5% since my last analysis, and despite a mixed Q4, it remains undervalued with significant upside potential. Bill Ackman's endorsement of Uber as a top-tier, well-managed company adds credibility and positive sentiment, reinforcing my strong buy rating. Uber's robust business model, scale, and network effects provide a competitive edge, with promising growth in gross bookings, active users, and trip volumes.
Shares of Uber Technologies (UBER 6.59%) were down 7.6% on Feb. 5 after the company reported Q4 results. Though shares quickly recovered later in the week, the stock is still down about 20% from its all-time high as of this writing.
Could Uber (UBER 6.59%) be a $1 trillion company? Management thinks so, and the future will be driven by autonomous vehicles.
The negative market reaction following the Q4 2024 earnings release is a major sign that the market is too focused on short-term performance. In the meantime, Uber is making significant progress in achieving high GAAP profitability. More importantly, even more signs are emerging that the company is well-positioned to secure significant competitive advantages.
Uber stock gained a second straight day as Bill Ackman said he had built a stake worth more than $2 billion. The post Uber Stock Surges For Second Day As Ackman Announces $2 Billion Stake appeared first on Investor's Business Daily.
Uber's stock extends its surge as hedge funder Ackman says he's amassed a 30.3-million-share stake since early January.
Uber shares were trading at more than 9% higher after Ackman revealed his stake in the company.
Billionaire Bill Ackman disclosed Friday his hedge fund made a major bet on ride hailing giant Uber, helping boost shares of the San Francisco-based company to their highest level in months as part of a whirlwind week for Uber stock.
Billionaire hedge fund manager Bill Ackman has built a sizable stake in Uber Technologies Inc (NYSE: UBER). On Friday, the founder and chief executive of Pershing Square said he owned more than 30 million shares of the ride-hailing giant.
Shares of the ride-sharing giant Uber Technologies (UBER 9.27%) rose nearly 9%, as of 12:38 p.m. ET today, after billionaire investor Bill Ackman revealed that his fund Pershing Square Capital Management had launched a new stake in the company that is now valued at over $2 billion.
Shares of Uber Technologies jumped to a three-month high on Friday after billionaire hedge fund manager Bill Ackman announced that he had taken a position in the ride sharing platform.