UBER to be a Part of S&P 100: Is it a Sign of More Upside?

Core Insights - Uber Technologies (UBER) will join the S&P 100 index on September 22, replacing Charter Communications (CHTR) [1][2][9] - UBER's market capitalization is $189.8 billion, significantly higher than Charter Communications' $35.8 billion [3][9] Financial Health - UBER exited Q2 2025 with cash and cash equivalents of $8.6 billion and no near-term debts, indicating strong financial health [4][9] - The current ratio for UBER is 1.11, reflecting adequate liquidity [4][9] Market Position and Expansion - UBER dominates the North American ride-sharing market and has expanded its retail reach through partnerships with Dollar Tree and Dollar General, adding nearly 23,000 stores to the Uber Eats platform [5][6][9] - The collaboration with Dollar Tree and Dollar General enhances UBER's retail delivery capabilities, allowing customers to order food and essentials through the Uber Eats app [5][6] Share Performance and Valuation - UBER's shares have gained in double digits this year, outperforming its industry despite tariff-related uncertainties [7] - The company trades at a forward 12-month price-to-sales ratio of 3.33X, which is considered inexpensive compared to its industry [10] Earnings Estimates - The Zacks Consensus Estimate for full-year 2025 and 2026 has remained stable over the past week [11]