
NYSE:UBER
Return on equity is not consistent. Difficult to determine outlook of business, despite popular use of product. Future of financial success of business not proven yet. Would wait to invest. Debt loads a bit of concern. Debt to free cash flow metrics not sustainable. Stock based compensation program very high (not creating alignment).
Beat on top and bottom. Great combination of scale, growth, and ramping profitability. Reminds him of FB in its early days. Trades at reasonable 35x, 42% EPS anticipated growth rate. Ubiquitous name, game-changer in terms of how we navigate our lives. Early days of profitability. No dividend.
(Analysts’ price target is $77.87)
Last quarterly report was underwhelming. Regulatory fines and lawyers fees. Stuck between different rocks and hard places that have strong negotiating power. Great service. Long-term profitability is the question. Generous valuation.