Billionaire Bill Ackman is the CEO of Pershing Square Capital Management, a hedge fund that returned 210% in the past five years. Comparatively, the S&P 500 (^GSPC -1.12%) advanced 101% during the same period. Those market-beating results make Ackman a good source of inspiration for individual investors.Since January, Ackman has bought more than 30 million shares in a robotaxi stock that has soared 145% in the past two years. I'm not referring to Tesla, though the company also plans to launch an autonomous ...

Uber Technologies, Inc. UBER and Sally Beauty Holdings, Inc. SBH have launched a partnership, marking Uber Eats’ inaugural national beauty collaboration.This alliance allows customers to access Sally Beauty’s wide range of professional hair care and color products directly through Uber Eats, providing beauty lovers with the convenience of having their preferred items delivered right to their doorstep.Customers can now easily browse and purchase a range of beauty essentials, including hair care for all types ...

Core Viewpoint - Uber has shown significant growth over the past five years, with a 251% increase in stock value, but has faced volatility and challenges, particularly during the COVID-19 pandemic [1] Group 1: Business Recovery and Growth - The COVID-19 pandemic negatively impacted Uber's trip count, gross bookings, and revenue in 2020, with declines in double digits compared to 2019 [1] - Despite the pandemic, Uber's delivery segment thrived as consumers turned to food delivery services, leading to higher gross bookings in this division compared to mobility in the last three quarters of 2020 [2] - By the end of 2024, Uber reported $163 billion in gross bookings and $44 billion in revenue, significantly higher than four years prior, with 171 million monthly active platform consumers, up from 93 million at the end of 2020 [3] Group 2: Profitability and Future Expectations - Uber transitioned from a $4.9 billion operating loss in 2020 to a $2.8 billion operating income in 2024, indicating strong profitability [4] - For the first quarter of 2025, management anticipates a 17% year-over-year increase in gross bookings, with a full-year expectation of 15% growth [5] Group 3: Competitive Position and Technology - The potential threat of autonomous driving technology poses a question for investors, as it could lower costs for riders and increase competition from new ride-hailing services [6] - Uber's strong consumer relationships and ability to aggregate demand and supply provide a competitive advantage, making it difficult for new entrants to challenge its brand and network effect [7] - Uber is likely to remain a key partner for companies developing self-driving technology, already collaborating with Alphabet's Waymo and Nvidia [8] Group 4: Investment Considerations - Uber's stock is currently trading at a forward P/E ratio of 15.8, which is lower than the Nasdaq 100's 24.5, suggesting it may be undervalued [9] - Billionaire hedge fund manager Bill Ackman has invested in Uber, projecting earnings growth of over 30% per year in the coming years, which could boost investor confidence [10] - Overall, Uber appears well-positioned to outperform the market in the next five years, supported by solid fundamentals and attractive valuation [11][12]

Core Insights - The autonomous ride-hailing industry is projected to generate $14 trillion in enterprise value by 2027, with Tesla being a key player in self-driving technology development [1] - Uber Technologies is positioned to capture a larger share of the autonomous ride-hailing market due to its existing infrastructure and user base [2][5] - Uber's stock is currently valued more attractively compared to Tesla, making it a potential investment opportunity [3][15] Industry Overview - The autonomous ride-hailing market is expected to be highly competitive, with the real challenge being the establishment of a robust network rather than just developing autonomous vehicles [5] - Tesla aims to create a ride-hailing network for its Cybercab robotaxi, leveraging its electric vehicle owners to supply cars for the service [6] - Uber has a significant advantage with its established ride-hailing platform, which serves over 171 million users monthly and manages 12 billion trips annually [6][7] Financial Implications - The elimination of human driver costs, which amounted to $72.5 billion last year, could significantly enhance Uber's profitability as it transitions to autonomous vehicles [8][14] - Uber's partnerships with various autonomous vehicle manufacturers, including Waymo, position it well for future growth in the autonomous space [9][10] - Uber's earnings per share (EPS) reached $4.56 last year, reflecting a 424% increase, and its price-to-earnings (P/E) ratio is significantly lower than Tesla's [15][16] Strategic Partnerships - Uber is actively forming partnerships with manufacturers to expedite the commercialization of autonomous technologies, including a deal with Nvidia to utilize data from its platform [12][13] - The collaboration with Nvidia aims to enhance the training of autonomous software through advanced simulations, potentially speeding up the development process [13] Valuation Comparison - Uber's stock is currently trading at a P/E ratio of 16.6, making it more attractive compared to Tesla's P/E ratio of 121.9, despite a one-time tax benefit affecting Uber's EPS [15][18] - The potential for Uber to benefit from the $14 trillion autonomous driving market positions its stock as a valuable long-term investment opportunity [19]

Cheddar's is the next Darden brand to test first-party delivery following the successful rollout at Olive Garden ORLANDO, Fla. and SAN FRANCISCO, March 20, 2025 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) and Uber Technologies, Inc. (NYSE: UBER) announced today that Cheddar's Scratch Kitchen is the next Darden brand to pilot on-demand delivery. Darden is a restaurant company featuring a portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Yard House, Ruth's Chris Stea ...

Core Viewpoint - Bank of America believes that Uber and Lyft will play a crucial role in the autonomous driving industry as the technology rapidly develops [1] Group 1: Company Positioning - Uber and Lyft are expected to establish new partnerships with major automotive manufacturers to integrate autonomous vehicles into their ride-hailing services, unlike companies like Waymo and Tesla that are developing their own fleets [1] - These partnerships will help Uber and Lyft maintain competitiveness as autonomous driving technology becomes more widespread [1] Group 2: Future Outlook - Bank of America forecasts that Uber and Lyft could deploy autonomous vehicles between 2026 and 2027, leveraging their existing ride-hailing networks as a solid foundation for integration [1] - The companies are positioned to scale quickly once the technology matures [1] Group 3: Investment Ratings - Bank of America maintains a buy rating on both Uber and Lyft stocks, indicating confidence in their future performance [1] - Lyft is seen to have greater upside potential, with an average target price of $16.90 per share [1]

Nvidia Corp NVDA just landed another heavyweight deal—this time with General Motors Co GM—and it's one that could shake up the autonomous driving race. While Tesla Inc TSLA has long dominated with its Full Self-Driving (FSD) tech, GM is now doubling down on Nvidia's AI muscle to build its next-gen self-driving fleet. Related: Tesla Takes Another Hit With Nvidia, GM Self-Driving PartnershipAnd Uber Technologies Inc UBER is primed to benefit from the ride-hailing revolution.GM + Nvidia: A Self-Driving Power P ...

Serve Robotics (SERV 2.15%) develops autonomous robots that have already completed thousands of food deliveries on behalf of platforms like Uber's Uber Eats. In fact, the company has a contract with Uber to deploy thousands of new robots by the end of 2025, which will pave the way for an expansion into new geographic markets.Serve's robots are powered by Nvidia's (NVDA -1.50%) Jetson Orin platform, which provides the hardware and software required to run advanced robotics and computer vision. Nvidia was als ...

JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...

Core Insights - Uber Technologies has experienced a significant stock fluctuation, with a 30% drawdown attributed to autonomous vehicle (AV) concerns, but has since shown strong results and enthusiasm, nearing its all-time highs [1] Group 1: Company Performance - The stock's recovery is driven by strong financial results and positive market sentiment [1] - The company aims to invest in firms with excellent qualitative attributes, purchasing them at attractive prices based on fundamentals [1] Group 2: Investment Strategy - The investment strategy focuses on maintaining a concentrated portfolio to avoid underperformers while maximizing exposure to high-potential winners [1] - Companies may receive a 'Hold' rating if their growth opportunities do not meet the investor's threshold or if the downside risk is deemed too high [1]