
NYSE:UBER
This summary was created by AI, based on 54 opinions in the last 12 months.
Experts express a generally positive outlook on Uber, highlighting its vast growth potential and innovative approach in ride-sharing, food distribution, and autonomous vehicles. The company has developed strategic partnerships with various self-driving technology firms, which could significantly reduce operational costs in the future. Many analysts believe that Uber has a strong core business with rising cash flows and a loyal customer base, complemented by its diverse offerings like Uber Eats and freight services. Though there are concerns regarding competition from other major players in the autonomous vehicle sector, consensus indicates that Uber’s pricing power and market share position it well for long-term success. Overall, they see potential for increased profitability as the company continues to grow.
Not in positive earnings territory, so not a name he's interested in. High growth, high valuation. Revenues expected to grow by 40%, but won't see a profit till 2023. A growth stock that may be affected by rising interest rates, so be careful. Rise of autonomous vehicles, such as Google's Waymo, may impact names like Uber. Right at 200-day MA, so it may bounce, but he'd be concerned.
(A Top Pick Mar 24/21, Down 8%) He's not panicking, because Uber is a new stock and he holds stocks for 3-5 years. He still believes in it. Short-term worry is a driver shortage. Uber has 65% market share globally and will remain the leader as economies reopen. The Uber Pass is another tailwind. Walgreen's will now use Uber for same-day service. He sees topline growth in coming years and target $70 in the next 18-24 months.