Uber(UBER)
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Why Is Uber (UBER) Up 10.9% Since Last Earnings Report?
Zacks Investment Research· 2024-03-08 17:37
A month has gone by since the last earnings report for Uber Technologies (UBER) . Shares have added about 10.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Uber due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Earnings Beat Uber in Q4Uber reported fourth-quarte ...
Why Uber Rallied 21.8% in February
The Motley Fool· 2024-03-08 13:49
Shares of ride-hailing and delivery giant Uber Technologies (UBER 0.98%) rallied 21.8% in February, according to data from S&P Global Market Intelligence.Uber had a busy month, holding its fourth-quarter earnings report on Feb. 7, then holding its broader investor day on Feb. 14.Investors were definitely feeling the love on Valentine's Day, with the stock jumping on management's aggressive three-year growth targets, along with the announcement of the company's first-ever buyback program. Solid earnings and ...
Missed Out on Uber? Buy Grab Stock Instead
The Motley Fool· 2024-03-07 06:59
If you've held Uber Technologies (UBER -0.57%) shares for any meaningful length of time since the beginning of last year, congratulations! You've almost certainly made good money on your trade. Uber stock is up more than 200% since the end of 2022. As you might imagine, however, the big run-up looks like it's running out of steam. A handful of investors even seem to be anticipating a profit-taking pullback.That doesn't mean you've missed out on the advent of ride-hailing, though. You'll just want to plug in ...
Uber Technologies, Inc. (UBER) Morgan Stanley Technology, Media & Telecom Conference (Transcript)
Seeking Alpha· 2024-03-07 02:42
Uber Technologies, Inc. (NYSE:UBER) Morgan Stanley Technology, Media & Telecom Conference Call March 7, 2024 3:35 PM ET Company Participants Dara Khosrowshahi - Chief Executive Officer Conference Call Participants Brian Nowak - Morgan Stanley Brian Nowak Alright. Good afternoon, everyone. We are thrilled to have our next conversation with Dara from Uber. Before we get started, Dara, I have to read the important disclosures, including all the personal holdings disclosures and Morgan Stanley disclosures all a ...
Riding Uber From Cash Burn To Cash Cow: Mini Deep Dive On Uber
Seeking Alpha· 2024-03-05 20:27
MOZCO Mateusz Szymanski In mid-June of 2022, I published for subscribers my longest deep dive writeup on a public company, Uber Technologies, Inc. (NYSE:UBER), which was 15,000+ words. I covered everything, from Uber's history, describing how the company evolved from just a ridesharing app to a diversified global platform for mobility, delivery, freight, advertising, and much more, to its competitive advantages, optionality, and new management, including CEO Dara Khosrowshahi, who has completely transfo ...
Uber's Unstoppable Ascent - Gearing Up For A Groundbreaking Leap Towards The $90 Milestone - Uber Technologies (NYSE:UBER)
Benzinga· 2024-03-05 19:03
Loading...Loading... Financially, Uber's stock has attracted strong interest from investors with a recent surge in its price, yet it is still considered undervalued. Historically, Uber's stock has shown resilience and potential, recovering with a 291% increase after a 68% drop. Uber Technologies Inc UBER first gained fame for transforming the ride-hailing sector. The company has smartly broadened its scope to include delivery services, a field that's now experiencing rapid growth.At the heart of Uber's oper ...
Uber Partners with Mastercard and Payfare to Launch the New Uber Pro Card in Canada
Prnewswire· 2024-03-05 12:00
Drivers and delivery people on Uber to get free, instant access to earnings; up to 4% cashback on gas, up to 8% cashback on EV charging, and other enhanced loyalty features TORONTO and OAKLAND, Calif., March 5, 2024 /PRNewswire/ - Uber today announced a new partnership with Mastercard and Payfare to launch the Uber Pro Card, providing free instant payouts after every trip or delivery1 and enhanced loyalty features for drivers and delivery people on the Uber platform in Canada, powered by Payfare's leading d ...
Uber Eats starts robot deliveries in Tokyo
TechXplore· 2024-03-05 09:27
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Japan changed traffic laws last year to allow robot deliveries. "Caution: robot!" chirps the green self-driving delivery vehicle as it trundles down the street to a pork cutlet restaurant in Tokyo to pick up a meal ordered on Uber Eats. Starting Wednesday, robot deliveries will be offered in a small area of the city by the US- ...
Ride-Hailing Is Uber's Big Moneymaker, But That Could Change in the Future. Should Investors Care?
The Motley Fool· 2024-03-03 15:07
If you asked 10 different people what Uber Technologies (UBER 1.93%) does, all 10 would likely say Uber is in the "ride-hailing" business. They'd be right. For investors, though, there's an important footnote worth adding to this answer.Although personal mobility currently makes up the biggest piece of the company's top and bottom lines, its delivery services unit is coming on strong. There's little doubt this arm is going to play an even bigger role in how the market values Uber stock in the foreseeable fu ...
Will Uber Be a $1 Trillion Company by 2030?
The Motley Fool· 2024-03-02 12:06
As it currently stands, there are only seven companies in the world with a market capitalization in excess of $1 trillion. Six of them are technology businesses, with the outlier being energy conglomerate Saudi Arabian Oil, also called Saudi Aramco.Technology businesses have long been considered high-risk, high-reward opportunities. Many of these companies develop software platforms, which often come with predictable, recurring revenue at a high margin. By consistently generating strong cash flow, these bus ...