
NYSE:UBER
This summary was created by AI, based on 54 opinions in the last 12 months.
Uber continues to be a leader in the ride-sharing and food delivery markets, boasting a strong customer base with over 185 million subscribers. Analysts note its solid fundamentals, with impressive year-over-year growth in active users and transactions, despite recent competition and market concerns regarding autonomous vehicles. The company's focus on efficiencies, partnerships in autonomous driving, and expansion in advertising and freight are seen as significant growth drivers. Analysts largely view Uber as a compelling long-term investment, emphasizing its potential in the self-driving vehicle space and continued cash flow generation. Despite short-term fluctuations and competitive pressures, most reviews suggest optimism for sustained profitability and market growth ahead.
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.