Uber (UBER)

It has two scenarios, a ride-hail program and robo taxis. Robo taxis could begin to create their own customer base. Waymo is giving competition. Ride-hailing is only half their business with Uber Eats and freight being the other. Uber Eats involves a rapidly growing advertising business

There's momentum here which will drive shares higher. That are executing, though it was smoother last year.  Nobody talks about the costs of operating self-driving cars, like insurance, though.

Selling a cash-covered put means you have money to buy this stock, then pick a level to enter. So, sell the April $75 put for $4. Uber is doing very well, trading at a good PE and they have a large car network. Growth lies ahead. Enter by selling puts.

WIll robotaxis form part of their passenger network along with regular cars, or will robos form their own customer base and compete with Uber? Competitor, Waymo already operates in San Francisco and is expanding to cities like Atlanta and Miami. This news has hit Uber shares. Remember that freight Uber Eats makes up half of Uber's business. Would consider this at 24x PE and growing 15% topline. The robo threat exists, but won't impact Uber for years.

He just returned to this. Shares rose when Bill Ackman moved in. He targets $100.

It could reach $100. She's bullish. Has long held it. They target $10.7 billion free cash flow this and expects so. A smart CEO.

Has longed loved this. He targets $100. The CEO has done a great turnaround job. He and Bill Ackman are long in this name. Cash flows are huge. We're still early in self-driving cars, and Uber has a huge fleet and a fine app that these cars need. He's adding on weakness and won't sell.

Let's look at the chart, as the first thing you do is check the technical structure. Stock's not only come down, but also fallen below the 200-day MA. The 200-day MA, itself, is starting to go sideways and downwards. Weakening. Guided lower on earnings.

Expected earnings growth rate is very strong double digits, and the PE isn't bad at 27x. However, the chart's telling you something different. Chart for much of 2023 and 2024 had been sideways. Potential for regulation to come along and hurt profits.

They reported great numbers, fell shares closed -7.56% because guidance was lower than expectations. This is a buying opportunity.

It sank 7.56% after reporting. Headwinds: robotaxi competition, Trump's close relationship with Musk/Tesla, and Uber's rideshare bookings missed in Q3-2024. Other numbers were solid: gross booking rose 18% YOY, revenue, cash flow growth and total trips all beat expectations. Their guidance for the quarter was in-line with expectations. But their Q4 GAAP operating income of $770 million badly missed the $1.19 billion estimate, but was hit by a $462 million hit from a one-time expense for legal, tax and regulatory changes. He feels that the robotaxi competition isn't that much of a threat. He won't give up on Uber.

Underpriced, misunderstood. Falls every time TSLA makes a statement about robotaxis, though there's no direct relationship. Will have a piece of a much bigger pie. Coordinating with Waymo. Advertising is untapped. Very well managed. 

Now part of the S&P 500, so it's part of the passive buying of index funds and ETFs. Lots of promise at this price.

His 12-month price target is $78, still some room. As you can see from the volatility, more of a tradable stock. Gets a lot of news, and the news creates the volatility. Trade it on the stock side, not on the options side.

Company profits are expected to rise at a record date. Fantastic job at raising capital - latest bond was raised at 0%. Potential for growth continues to be strong. New avenues of revenues in freight and food. Not overly worried about competition from Waymo and self-driving cars. 

Still very much behind the name. Great in mobility and delivery. Last year and a bit has finally been profitable. Very impressive growth rate ~25-27%, yet still attractive on price to book. Concerns about self-driving, but Uber has the ability to organize all that and it's not easy to do.

In his momentum mandate. Today's price is a good price to get in. Price target: $higher, for a long time to come. Developing a recurring revenue model. Expanding geographically. Fledgling meaningful profit growth will continue.  Very bullish from a secular standpoint. Light years ahead of biggest rival, LYFT.