
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.
An example of so much hype surrounding an IPO, but the IPO doesn't give guidance to indicate when the stock expects to make money. Also, Uber involved in so many things, massive and a disruptor. It reminds him of Alibaba, which struggled for a while after its IPO before it took off. Wait for Uber to hit the mid-$30s to buy as a long-term hold.
Another Amazon? He does not own it, nor participate in the IPO. It has influenced the IPO market and it is a disrupter. It is like Amazon as a disruptive force in the market, involving big data. However, he thinks it is lacking a financial model that will provide a long runway. The company has not defined when the business will actually become profitable.
Uber should've gone public a lot earlier and not during a bad market. You can't blame Morgan Stanley; there is IPO fatigue now. The Uber app is good and the company is working with companies like McDonald's. If Uber can do what Bezos did with Amazon, then that will enormous. There's a huge market for Uber in under-served areas outside big cities.
Uber is the well-known transportation company. It has been beaten by Lyft in the race to go public. After IPO, the company could be valued at up to $83.85 billion.