Uber (UBER)

He missed this and won't chase it now. It's had wild ups and downs in its history.

She's been impressed with how the CEO has transformed the company so much that it could be included in the S&P later this year, given positive profitability. She also finds Lyft interesting under a new CEO, more interesting that Uber. She's watching Lyft more than Uber.

Was upgraded today. This is in his top 10. In 13 years, Uber has hit 11,000 cities. Now, they're turning a profit and free cash flow is accelerating. Likes their diversification of revenue, like trucking. But you can't enter it at this level as it's above technical support. Loves the stock.

An analyst reiterated it a top pick today at a $55 price target. Shares have been rallying this year, up 50% in 3 months. He targets $65, an all-time high. Profitability is the story. Note that there's an economic contraction in Europe, so we don't see the strength of Uber's international. If this joins the S&P, it will benefit Uber like it did Tesla. They have dramatically improved the balance sheet and their culture. Stay patient and this will reward you.

A strong believer. Buy now. Uber will be in the S&P one day and will trade at $65-70 in 2-3 years.

Likes it. Uber basically enjoys a monopoly as Lyft tries to figure it out. He just paid $50 for a taxi through midtown Manhattan while Uber is cheaper (some may disagree). The CEO is phenomenal.

Essentially a monopoly. Dominating travel and food businesses. Finally profitable, and stock's gone parabolic. Not cheap. 

Technical breakout now, no question. This is one of the best charts, breaking out on the back of a good earnings report that demonstrated the company can be profitable.

Think self-driving cars and multi revenue streams. Stay long above $36.

He bought a small position before earnings. The stock made a great move when it did. He likes monopolies, and Uber has put a lot of cabs out of business and is taking market share from Lyft. There's more labour to drive their cars. Good CEO.

Uber has incredibly grown in recent years with 2022 net revenues of $31.87 billion, which nearly doubled 2021’s number and outpaced any other year. However, Uber also lost $9.14 billion last year and the street keeps asking, When will Uber turn a profit? Next year, says the company to the tune of $1.4 billion after posting another loss in 2023. Can Uber turn around in time? That’s an open question. Read Travel winners & losers for our full analysis.

Uber's recent results beat estimates, and year-to-date the stock has been performing well supported by its Q4 results.
Sales and earnings estimates are projected to be strong for the next few years, and it is anticipated to become profitable this year.
Its forward sales multiple of 1.7X is reasonable, although its forward P/E of 38.3X is fairly high.
Although, we expect its P/E to contract over time as earnings grow at a faster rate than shares.
It has turned cash flow positive in 2022, is working on paying down its debt.
It has a strong cash balance of $4.3B, and overall, we like the direction that the operational metrics are heading in.
We would like to see it continue its recent momentum in profitability and free cash flow, but overall things are moving in the right direction.
Unlock Premium - Try 5i Free

Two years ago you could have owned both. Today, this game has completely changed. It boils down to management. Uber, yes. Lyft, no.

Good price now. They have a lot of data that they haven't even mined.

It reports Feb. 8. Lyft is not doing well, but Uber is. Is up 33% in the past month.