Uber (UBER) Price Target Maintained Following Strong Revenue and Mobility Growth

Core Insights - Uber Technologies, Inc. is favored by billionaire David Tepper, ranking among his top 10 stocks [1] - Susquehanna maintains a Positive rating on Uber with a price target of $110, citing a solid overall performance in Q4 [1] - The company reported Q4 earnings per share of $0.71, below the expected $0.80, but revenue of $14.4 billion exceeded forecasts [2] Financial Performance - Q4 earnings per share were $0.71, missing the forecast of $0.80 [2] - Revenue for the quarter was $14.4 billion, surpassing the forecast of $14.32 billion [2] - The first-quarter gross bookings outlook exceeded consensus by 3% at the midpoint, while EBITDA forecast aligned with estimates [2] Growth Prospects - Management anticipates an increase in US mobility trips and gross bookings by 2026 [2] - Susquehanna highlighted ongoing progress with autonomous vehicles (AVs) and upcoming deployments as significant opportunities for Uber [3] Company Overview - Uber Technologies, Inc. is a leading global provider of ride-hailing, food delivery, and freight services, revolutionizing urban transportation through its mobile app [3]