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Is Uber Technologies Stock Going to $100? 1 Wall Street Analyst Thinks So
UberUber(US:UBER) The Motley Foolยท2024-05-10 08:35

The ridesharing company continues to show tremendous profit potential.Shares of Uber Technologies (UBER 2.30%) dipped following its first-quarter earnings results. The company continued to show solid top- and bottom-line growth, but Jefferies analyst John Colantuoni attributed the stock's fall to a rare miss in mobility bookings.Uber's mobility bookings grew 26% year over year in the quarter, which was below expectations. However, Uber said this included a one-point headwind from de-consolidating the non-ri ...