
Uber (UBER) Stock Forecast & Price Target
Uber (UBER) Analyst Ratings
Bulls say
Uber Technologies has demonstrated a positive trajectory with a 17% year-over-year increase in Monthly Active Platform Consumers (MAPCs), reaching 189 million, which surpasses prior growth rates and consensus estimates. The company's Delivery segment is experiencing robust momentum, highlighted by a 27% year-over-year revenue increase, alongside a growing Grocery and Retail category that achieved a $12 billion annualized gross bookings run-rate. Additionally, Mobility revenues rose 18% year-over-year, bolstered by an acceleration in trip growth to 22%, indicating enhanced audience engagement and frequency across Uber’s diverse service offerings.
Bears say
Uber Technologies has reported a negative EBITDA of $(20) million, indicating a decline from $(6) million in the previous quarter and raising concerns over profitability amidst evolving market conditions. The firm faces slowing revenue growth, with the 4Q consolidated EBITDA guidance slightly below consensus expectations, signaling potential challenges in maintaining investor confidence. Additionally, while autonomous driving technology presents opportunities for future growth, the uncertainty surrounding its adoption pace introduces a risk factor that could further dampen the company’s financial outlook.
This aggregate rating is based on analysts' research of Uber and is not a guaranteed prediction by Public.com or investment advice.
Uber (UBER) Analyst Forecast & Price Prediction
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