Uber Technologies, Inc. (UBER) Soars to 52-Week High, Time to Cash Out?

Core Viewpoint - Uber Technologies (UBER) has shown strong stock performance, with shares up 11.6% over the past month and a 60.2% increase since the start of the year, outperforming both the Zacks Computer and Technology sector and the Zacks Internet - Services industry [1] Financial Performance - Uber has consistently beaten earnings estimates, reporting an EPS of $0.83 against a consensus estimate of $0.51 in its last earnings report [2] - For the current fiscal year, Uber is expected to post earnings of $2.9 per share on revenues of $50.69 billion, reflecting a -36.4% change in EPS and a 15.27% change in revenues [3] - The next fiscal year projections indicate earnings of $3.53 per share on revenues of $58.4 billion, representing a year-over-year change of 21.82% in EPS and 15.21% in revenues [3] Valuation Metrics - Uber's stock trades at 33.4X current fiscal year EPS estimates, which is above the peer industry average of 20.3X, and at 19.2X on a trailing cash flow basis compared to the peer group's average of 11.4X [7] - The stock has a PEG ratio of 1.23, indicating it is not in the top tier from a value perspective [7] Zacks Rank and Style Scores - Uber holds a Zacks Rank of 2 (Buy) due to favorable earnings estimate revisions, making it a suitable choice for investors looking for stocks with strong potential [8] - The stock has a Value Score of C, a Growth Score of A, and a Momentum Score of D, resulting in a combined VGM Score of B [6] Competitive Landscape - Uber's performance is compared to DoorDash, Inc. (DASH), which also has a Zacks Rank of 2 (Buy) but lower value metrics, indicating that while both companies are performing well, their investment profiles differ [9] - DoorDash is expected to post earnings of $2.16 per share on revenues of $12.84 billion for the current fiscal year, having beaten consensus estimates by 10% last quarter [10]