
NYSE:UBER
They've taken a lot of market share from Lyft. Isn't worried that an analyst bumped the target to $60. Fundamentals have improved a lot. Food delivery has benefitted them. Uber is essential to many for work and recreation. The balance sheet has improved. Agrees with the new target. And it will join the S&P.
They're face increased regulation around the world, like battles over employees' minimum wage and worker safety--they're losing these legal battles. Also, there's fierce competition. It's never been a profitable company and he doesn't see profits ahead. A risk of paying their drivers more, which will eat into profits.
Will join the S&P. The stock has turned around ever since the CEO began cutting costs. In 18 months, shares have doubled. HAs three straight big cash-flow beats.