Autonomous vehicles have the potential to transform Uber's economics and send its stock soaring. Self-driving cars are no longer science fiction. Numerous start-ups and established tech companies have developed autonomous platforms to transform the way we travel, and it's an industry with significant financial potential over the long term. Uber Technologies (UBER -1.17%) could be one of the biggest beneficiaries of the shift to autonomous driving. It operates the largest ride-hailing network in the world, s ...

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Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about Uber Technologies (UBER) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Uber currently has an average br ...

This booming growth tech stock is benefiting from strong momentum. Despite taking shareholders on a very bumpy ride, Uber (UBER -0.95%) has been a huge winner. In the past 24 months, since August 2022, shares of this growth tech stock have skyrocketed 121%. Investors would've more than doubled their money owning this business, compared to a 34% return from the S&P 500 index. But is now the right time to buy Uber? Financial performance It's hard to ignore the ongoing macroeconomic uncertainty worrying invest ...

Uber Technologies (UBER) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this ride-hailing company, should get reflected in its stock price. After all, empirical research shows a strong correlation betwee ...

Just_Super Investment Thesis In my last article on Uber Technologies, Inc. (NYSE:UBER), I discussed the company's Q1 results and argued why investors shouldn't panic despite the surprise loss that the company posted. My rating on the company was a Hold. Since my article was published in May 2024, the stock has gained 4.03%, marginally outperforming the S&P 500, which rose 3.22% during the same period. In this article, I discuss the company's Q2 results and analyze the key developments and announcements made ...

Have you evaluated the performance of Uber Technologies' (UBER) international operations for the quarter ending June 2024? Given the extensive global presence of this ride-hailing company, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth. In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth trajectory. ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

The leading ride-hailing and delivery service is posting strong financial results. Uber (UBER -0.68%) just reported its financial results for the second quarter (ended June 30), and the market was pleased. The company beat Wall Street estimates for revenue and diluted earnings per share (EPS), sending the stock sharply higher immediately following the announcement. Despite shares of this transportation-as-a-service company trading at a forward price-to-earnings (P/E) ratio of 30 (as of Aug. 7), you might be ...

Riding-sharing leader Uber Technologies (NYSE:UBER) returned to profitability in the second quarter, easily beating Wall Street's top and bottom line estimates on Tuesday. Even during Monday's market meltdown and the yo-yo ride the stock market has been on afterward, Uber stock has remained strong. Shares are up 12% since Friday's close and will likely continue heading higher, even if we're heading for a recession. Driving Forward to Profitability Uber reported 17% year-over-year currency-adjusted revenue g ...