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Uber Technologies Inc. (NYSE:UBER) Faces Competition but Shows Strong Growth Potential
Financial Modeling Prep· 2026-01-06 04:03
Wolfe Research sets a price target of $110 for Uber Technologies Inc. (NYSE:UBER), indicating a potential increase of 36.24% from its current price.Despite competition and a downgrade, Uber's financial performance and growth in core services remain strong, with a 20% increase in revenue and a 21% rise in gross bookings year-over-year.The Federal Reserve's rate cuts have positively impacted growth stocks like Uber, contributing to a 57% increase in its stock over the past five years.Uber Technologies Inc. (N ...