What's In Store For Uber In Q2? Analyst Sees 21% Bookings Growth

BofA Securities analyst Justin Post reiterated a Buy rating on Uber Technologies, Inc. UBER, with a price forecast of $87. The company will hold its quarterly conference call on Tuesday, August 6th, to discuss its second quarter 2024 financial results. The analyst projects stable 21% growth in bookings excluding foreign exchange, with total bookings, revenue, and EBITDA expected to reach $39.7 billion, $10.6 billion, and $1.52 billion, respectively. BAC aggregated credit & debit card data suggests stable se ...