I believe the Uber Technologies, Inc. post-Q4 earnings selloff was overdone, as the slowdown in bookings growth was likely driven by external, one-off factors rather than a fundamental business decline. The company's expansion into less dense areas and the deployment of robotaxis could sustain the historical double-digit bookings growth, despite some regulatory risks concerning AVs. From a price action perspective, I see the share price trading close to a historical support level. The options market sentiment is very bullish in the short term.
Ivan Feinseth stands by Uber Technologies (UBER) despite the company's post-earnings sell-off. He considers its deceleration a buying opportunity.
UBER's fourth-quarter 2024 earnings and revenues improve year over year.
Dara Khosrowshahi, Uber CEO, discusses the expectations for autonomous vehicles.
Bill Baruch, Founder & President Blue Line Capital, joins CNBC's “Halftime Report” to explain why he's buying more Uber as the stock falls after reporting earnings.
Uber CEO Dara Khosrowshahi said that making driverless cars common in rideshare will take a while. He pointed to several issues, from safety to parking, as Uber released fourth-quarter earnings.
Goldman Sachs analyst Eric Sheridan maintained a Buy rating on Uber Technologies Inc UBER with a price target of $96.
As Uber strengthens its position in the market, its focus on expanding services and enhancing customer loyalty is paying off, with notable growth in both membership and demand across its platforms.
Uber Technologies Inc (NYSE: UBER) chief executive Dara Khosrowshahi agrees self-driving technology could mean uncertainty for the ride-hailing giant. But what it also means for the company is a huge opportunity, he told CNBC in an interview on Wednesday.
Shares of ride-sharing company Uber Technologies (UBER -7.42%) dipped on Wednesday after the company reported financial results for the fourth quarter of 2024. The Q4 results were fine but the forward guidance fell short of what investors were hoping for.
Uber Technologies Inc (NYSE:UBER, ETR:UT8) shares fell more than 8% after the ride-sharing and food delivery app issued weak guidance for the current quarter, overshadowing better-than-expected results for the Q4. For the first quarter of 2025, Uber projected gross bookings growth of 17% to 21%.
Although the revenue and EPS for Uber (UBER) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.