NYSE:UBER

Uber (UBER)

68.11
+0.23 (0.34%)
as of Oct 2, 2026, 8:00:00 pm Market Open.
436 watching
0
COMMENT
If you want to take a flier on it, it is an interesting way to do it. The competition is pretty fierce. They have a lot of the same drivers. This is one way to play it and you get the ancillary businesses like Uber-Eats.
DON'T BUY
He loves the service. The stock is not cheap. It may be a flawed business model as the drivers really don't make that much money. This can only lead to higher prices. They need autonomous driving, which is quite a ways away.
WAIT

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.

DON'T BUY
Uber has gone public now and is trading without a hitch -- especially during the worst week in the market this year. Its market cap is already huge. It is facing increasing competition from Lyft and others. Their own workers went on strike yesterday. He would not own this at this level.
COMMENT

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.

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