Uber Technologies, Inc. (UBER)
Uber Q3 Earnings: Reaction Overdone, But Landscape More Competitive
Uber posted strong Q3 results, beating both top- and bottom-line estimates, with significant growth in adjusted EBITDA and free cash flows. Despite a slight miss in Q4 gross bookings guidance, Uber's consistent track record of exceeding its own guidance suggests an overreaction in the market. Competitive threats from Lyft-DoorDash partnership and potential Tesla Cybercab release are emerging, and investors need to be wary.
Uber: Buy The Drop (Technical Analysis) (Rating Upgrade)
Uber Technologies, Inc. has shown impressive gains since August 5th, 2024, driven by strong quarterly earnings and revenue growth. The company reported earnings of $1.20 per share in Q3, surpassing consensus estimates by 192.68%, and revenue of $11.19 billion, indicating 20% annualized growth. Uber's forward PE ratio is 25.2x, higher than Lyft but lower than DoorDash and Tesla, making it relatively attractive based on price-book value.
Trade Tracker: Bryn Talkington buys Uber
Bryn Talkington, managing partner at Requisite Capital Management, joins CNBC's 'Halftime Report' to discuss why she's buying the ride sharing company.
Uber Q3 2024: One-Time Speed Bump; Super App Ambition Unshaken
Uber's Q3 booking metrics missed expectations, but this presents a buying opportunity as the market overreacted, similar to Q2. UBER's path to becoming a global super app remains intact, with strong growth in key metrics and Uber One adoption illustrating platform stickiness. Potential expansion into hotel and travel services could enhance margins and user stickiness, leveraging synergies with Expedia.
Massachusetts becomes first state to allow Uber, Lyft drivers to unionize
The Massachusetts vote was the latest front in a years-long battle over whether ride-share drivers should be considered to be independent contractors or employees entitled to benefits and wage protections.
Uber and Lyft Drivers in Massachusetts Win Right to Unionize
A state ballot measure was the first of its kind in the United States, but labor advocates worry it could lock Uber and Lyft drivers out of full-time employment status.
Massachusetts voters allow Uber, Lyft drivers to unionize
Massachusetts voters on Tuesday approved a ballot measure that would allow ride-share drivers to unionize, becoming the first U.S. state to allow drivers for app-based companies like Uber and Lyft to do so.
The Discounted Gift That Keeps On Giving: Maintaining Uber With A Buy
Uber's stock plunged ~9% after earnings, and I think the stock is even attractive at current levels for mid-to-long-term investors. Uber's focus on geographic expansion, affordability, and capital allocation in less densely populated markets positions it well for future growth and share gains. While it's too soon to tell, I'm watching Uber's strides in the AV market for the long term.
Uber Technologies, Inc. (UBER) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Uber (UBER). This makes it worthwhile to examine what the stock has in store.
Uber's Real Threat Isn't From Robots
The ride-hailing pioneer is contending with slowing bookings growth, rising insurance costs and an alliance between DoorDash and Lyft.
Uber Suggests NYC Driver Pay Cuts in Bid to Woo Riders
Ride-hailing giant Uber Technologies is suggesting a pay cut for its drivers in New York City, citing lower gas prices, as it tries to lower the price of rides in one of its biggest markets. According to a Monday (Nov.
