Core Viewpoint - The stock is considered an excellent value for 2025 and beyond as 2024 comes to a close [1] Summary by Relevant Categories - Stock Prices: The stock prices referenced were the afternoon prices of December 12, 2024 [1] - Publication Date: The video discussing the stock was published on December 14, 2024 [1]

Core Viewpoint - Uber's stock has experienced significant volatility since its IPO in May 2019, currently trading 28% below its all-time high, raising questions about its investment potential before the end of 2024 [1] Recent Developments - Following Tesla's robotaxi event on October 10, Uber shares initially rose but ended October down 17% [2] - Despite reporting better-than-expected Q3 2024 financial results with revenue of $11.2 billion and earnings per share of $1.20, Uber's stock dropped 9% post-announcement, possibly due to a softer gross booking projection [3] Positive Attributes - Uber's network effects are a significant advantage, with nearly 2.9 billion trips worth $21 billion in booking value completed by 161 million monthly active users in the last three months [5][6] - The company has demonstrated strong profitability, with operating income increasing 169% year-over-year to $1.1 billion in Q3 [8] - Over the past five years, Uber's revenue has grown by 193%, and its monthly active user base has expanded by 56%, indicating substantial long-term growth potential [9] Competitive Positioning - While Uber benefits from network effects, the rise of fully autonomous driving could pose a threat to its business model, as companies owning the software may create competing ride-hailing services [7] Valuation - Uber's shares currently trade at a forward P/E ratio of 22.2, which is slightly lower than the S&P 500's multiple of 22.5, suggesting a reasonable valuation compared to the broader market [11][12] - The company is viewed as a profitable and growing enterprise with competitive strengths, making it an attractive investment opportunity before 2025 [10][13]

Group 1 - The company, TQI, was established in July 2022 with the mission to simplify, enhance enjoyment, and increase profitability in investing for all investors [2] - TQI publishes premium equity research reports on Seeking Alpha, which includes a research library and performance tracker [2] - The company offers highly-concentrated, risk-optimized model portfolios tailored to meet the needs of investors at different stages of their investment lifecycle [2] Group 2 - TQI provides access to proprietary software tools and group chats as part of its investment group offerings [2] - The company also shares investing insights and research through various platforms, including a free newsletter, Twitter, and LinkedIn [2]

Core Insights - The article introduces DM Insights as a new contributing analyst to Seeking Alpha, encouraging individuals to share investment ideas for publication and potential earnings [1]. Group 1 - The author, identified as David, has a background in engineering and a strong interest in finance and stock investment, focusing on capital appreciation opportunities [2]. - Investment strategies include purchasing high-quality undervalued companies and growth companies that are reasonably priced, as well as investing in dividend-paying stocks [2]. Group 2 - The author holds a beneficial long position in Uber shares, indicating a personal investment interest in the company [3]. - The article emphasizes that past performance is not indicative of future results and does not provide specific investment recommendations [4].

Core Viewpoint - The article suggests that investing in Uber stock could be comparable to buying shares of Meta or Google when they were priced under $100, indicating a potential undervaluation of Uber [1]. Company Updates - Recent updates regarding Uber are discussed, highlighting the author's intention to buy the stock despite surrounding noise [1]. Investment Perspective - The video encourages viewers to consider the investment opportunity in Uber, implying a positive outlook on the company's future performance [1].

Core Viewpoint - Uber Technologies has experienced a significant decline in stock price, dropping 25% from its recent highs, primarily due to increased competition from Waymo's expansion into driverless taxis [1][2] Group 1: Financial Performance - Uber reported record earnings in its latest October earnings report, with revenue reaching its highest ever and earnings exceeding analyst forecasts by 200%, resulting in a 55% year-over-year increase in income from operations [3][4] - The company achieved over $1 billion in GAAP operating income for the first time in its history, indicating strong profitable growth [4] Group 2: Analyst Sentiment - Analysts remain bullish on Uber, with a 12-month stock price forecast averaging $90.51, representing a 47.39% upside potential [6] - JMP Securities and other firms have reiterated positive ratings, with price targets ranging from $95 to $120, suggesting significant upside potential despite recent stock declines [6][7] Group 3: Market Position and Technical Indicators - Despite competition concerns, Uber's strong brand and market share position it well for future growth, with technical indicators suggesting the stock is oversold and may be poised for a rally [10][12] - The Relative Strength Index (RSI) is currently at 33, indicating the stock is nearing extreme oversold territory, which could signal a potential rebound if it closes above $67 [11]

Group 1: Company Performance - Uber Technologies ended the recent trading session at $61.41, showing a +0.38% change from the previous day's closing price, outperforming the S&P 500's 0.54% loss [1] - Over the past month, shares of Uber have depreciated by 14.03%, underperforming the Computer and Technology sector's gain of 3.76% and the S&P 500's gain of 1.5% [1] Group 2: Earnings Estimates - The upcoming earnings release for Uber is expected to show an EPS of $0.55, indicating a 16.67% decline compared to the same quarter last year, while revenue is predicted to be $11.78 billion, reflecting an 18.51% increase [2] - For the full year, analysts expect earnings of $1.89 per share and revenue of $43.78 billion, marking changes of +117.24% and +17.43% respectively from last year [3] Group 3: Analyst Estimates and Rankings - Recent changes to analyst estimates for Uber indicate a changing landscape of near-term business trends, with positive revisions reflecting analyst optimism about the company's business and profitability [4] - The Zacks Rank system, which assesses estimate changes, currently ranks Uber Technologies at 2 (Buy), with a recent increase of 3.62% in the Zacks Consensus EPS estimate [6] Group 4: Valuation Metrics - Uber Technologies has a Forward P/E ratio of 32.35, indicating a premium compared to its industry's Forward P/E of 24.45, and a PEG ratio of 0.76, which is significantly lower than the Internet - Services industry's average PEG ratio of 2.2 [7] Group 5: Industry Context - The Internet - Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 31, placing it in the top 13% of all industries, suggesting strong performance potential [8]

Group 1 - The core theme impacting portfolios in 2025 is expected to be valuations [1] Group 2 - PropNotes focuses on identifying high-yield investment opportunities for individual investors [2] - The analysis provided by PropNotes aims to simplify complex concepts and offer actionable advice for better returns [2]

Investors interested in Internet - Services stocks are likely familiar with Uber Technologies (UBER) and The Trade Desk (TTD) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks wit ...

Uber Technologies (UBER) has been beaten down lately with too much selling pressure. While the stock has lost 14% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillato ...