I am going to start this by being as honest as possible. I am a once UBER Bear that has now turned very bullish. It felt like I had been hating the stock for ages, but inMy name is Jake Blumenthal, I serve as a Wealth Management Advisor & Portfolio Analyst at Meridian Wealth Management, a registered investment advisory. I use a combination of financial, technical, and macroeconomic analysis to best support my clients, form my opinions, and develop investment theses. My research and data analysis shared allo ...

This growth stock is selling off on fears of competition from big technology companies like Tesla and Alphabet. It could be time to be greedy and buy shares.Uber Technologies (UBER 0.86%) has defined the ride-hailing industry. The company is the dominant ride-hailing company in the United States and operates in 70 countries worldwide. But people don't take rides; they take Ubers. The fact that Uber's name has become synonymous with ride-hailing speaks to its brand power. Last December, Uber's success earned ...

Group 1 - Uber has established itself as a dominant player in the transportation sector due to its robust platform, high demand, and increasing supply [1] - The company's platform has enabled rapid profitability growth [1] Group 2 - MMMT Wealth, led by a CPA with experience in private equity and asset management, focuses on investment strategies and stock analysis [3] - The firm emphasizes the importance of thorough research in identifying high-potential investments over a 3-5 year horizon [3]

Shares of Uber Technologies (UBER) have declined 13.2% in the past month, underperforming its industry and the S&P 500 Index, of which Uber is a key member. In comparison, shares of rival Lyft (LYFT) have dropped 16.6% in the same timeframe.One-Month Stock Price Performance Comparison Image Source: Zacks Investment Research The San Francisco, CA-based ride-hailing company’s shares have dropped on concerns that self-driving cars could eliminate intermediary services. Google's (GOOGL) Waymo recently unveiled ...

Darden Restaurants, Inc. DRI shares are trading relatively flat on Friday.Yesterday, the company reported that the second quarter adjusted earnings per share was $2.03, beating the street view of $2.02.Looking ahead, Darden Restaurants said it now sees FY25 total sales of approximately $12.1 billion (prior outlook $11.8 billion – $11.9 billion). It reiterated diluted net earnings per share from continuing operations of $9.40 to $9.60.Following the results, here are the analyst takes on the stock:BofA Securi ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Shares of Uber Technologies (UBER 0.33%) have been nosediving this month as investors worry about rising competition and the company's long-term growth prospects. As of this writing, the stock has declined 2% year to date and is down about 30% from its all-time high.Is this a great buying opportunity for investors, or are shares of Uber likely headed even lower?Investors are bearish on Uber stockUber stock's recent tumble began on Dec. 5 when Alphabet's Waymo announced it would be expanding to Miami. The se ...

In the latest trading session, Uber Technologies (UBER) closed at $61.23, marking a +0.33% move from the previous day. This change outpaced the S&P 500's 2.95% loss on the day. Meanwhile, the Dow experienced a drop of 2.59%, and the technology-dominated Nasdaq saw a decrease of 3.56%.Coming into today, shares of the ride-hailing company had lost 11.72% in the past month. In that same time, the Computer and Technology sector gained 7.08%, while the S&P 500 gained 3.15%.The investment community will be closel ...

Core Insights - JR Research is recognized as a top analyst in technology, software, and internet sectors, focusing on growth and GARP strategies [1] - The investment approach emphasizes identifying attractive risk/reward opportunities with strong price action to generate alpha above the S&P 500 [1][2] - The investment group Ultimate Growth Investing specializes in high-potential opportunities across various sectors, targeting stocks with robust fundamentals and turnaround potential [3] Investment Strategy - The focus is on growth investing opportunities that offer significant upside potential while avoiding overhyped and overvalued stocks [2] - The strategy combines price action analysis with fundamental investing to capitalize on battered stocks with recovery possibilities [2] - The investment outlook typically spans 18 to 24 months for the thesis to materialize [3] Target Audience - The group is designed for investors looking to capitalize on growth stocks with strong fundamentals, buying momentum, and attractive valuations [3]

Core Insights - Uber Technologies has significantly disrupted the taxi market, becoming a dominant player in the transportation-as-a-service industry, with its name now synonymous with ride-hailing [1] Revenue Generation - Uber connects drivers with riders in over 10,000 cities globally and also facilitates delivery services from various stores and restaurants [3] - The company generates revenue by collecting a percentage of fees from rides and deliveries, reporting $11.2 billion in revenue in Q3 2024, with a gross booking value (GBV) of nearly $41 billion [4] Growth and Profitability - Uber's Q3 2024 revenue was nearly three times that of the same period in 2019, driven by increased monthly active users and GBV [6] - The company achieved $2 billion in operating income in the first nine months of 2024, a more than fourfold increase from the same period in 2023 [6] - Uber generated $5.2 billion in free cash flow in three quarters of 2024, partly used for share repurchases [7] Competitive Positioning - Uber benefits from an economic moat characterized by network effects, where an increase in drivers and restaurants enhances service value for consumers [8] - Despite its strong positioning, the potential for fully autonomous vehicles poses a risk, as companies that commercialize this technology could offer cheaper ride-hailing services without drivers [10] Market Dynamics - The stock has experienced volatility, trading 29% below its peak from two months prior, which may present a buying opportunity for investors [2] - Partnerships, such as with Alphabet's Waymo, could leverage Uber's consumer reach alongside advanced technology [12]