This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.89% per year. These returns cover a period from January 1, 1988 through March 3, 2025. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.
Founded in 2009 by Garrett Camp and Travis Kalanick, Uber is a technology platform that connects taxi seekers with drivers for hire. It also offers services like food delivery through its Uber Eats brand, and freight and logistics solutions. Fuelled by significant amounts of investment capital, the company has expanded to thousands of cities worldwide, making it one of the most recognised brands in the so-called gig economy. The app also includes features like fare estimates, route tracking, driver ratings, and various payment options, which contribute to its widespread use and popularity. The onset of the Covid-19 pandemic in 2020 saw the stock’s value decrease by almost 50% as travel restrictions and lockdowns became the order of the day. However, Uber Eats saw an uptick as demand increased for food deliveries.
The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. Uber Technologies’ (UBER 1.74%) stock went through some wild swings in 2024, but its price still dipped 2% from the first to the last trading days of the year. The bulls were initially impressed by the ride-hailing and delivery services giant’s robust growth in a tough macroeconomic environment, but some regulatory concerns drove its stock lower through the last quarter of the year.
Some prefer trading because it requires only a small margin, there are various tax benefits, you can hedge your positions2, and you get more flexibility with leverage. 37 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Uber Technologies in the last year. There are currently 10 hold ratings, 26 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street daralarkan analysts is that investors should “moderate buy” UBER shares. Trading options involves greater risks but also offers the potential for higher profits.
- Uber Technologies Inc. is a San Francisco-based company providing mobility, food and package delivery services and freight transport.
- It’ll take just a few minutes to get started and access the world’s most-traded markets.
- Without considering a stock’s valuation, no investment decision can be efficient.
- The monthly returns are then compounded to arrive at the annual return.
Darden Restaurants Stock Jumps on Uber Partnership, Sales Outlook
The stock has a market cap of $155.04 billion, a PE ratio of 16.33, a P/E/G ratio of 0.89 and a beta of 1.39. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41. The business has a fifty day moving average of $72.25 and a 200 day moving average of $71.56. The overall sentiment of these big-money traders is split between 38% bullish and 58%, bearish. Uber Technologies (UBER Quick QuoteUBER – Free Report) volume indicator mt4 has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock’s performance in the near term.
Stock Ideas and Recommendations
According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $90.31. The value of shares, ETFs and other ETPs bought through a share dealing account, a US options and futures account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Some ETPs carry additional risks depending on how they’re structured, investors should ensure they familiarise themselves with the differences before investing. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up.
For valuing companies that are loss-making or have lots of physical asset
- Data is calculated to the nearest 1%, and updated automatically every 15 minutes.
- Profits on scooters and bikes may not be as high as profits on vehicle rides but these forms of transport offer a way for Uber to maintain users’ engagement with the company.
- Interestingly, while Uber has already come a long way, it is still in the very early stages of capturing what it estimates to be a US$12 trillion total addressable market that includes personal mobility, food delivery, and freight shipping.
- Therefore, I think it would be smart to buy and hold Uber’s stock this year, even though some near-term uncertainties regarding its FTC probes and stubborn inflation might prevent it from commanding a higher valuation.
- Wolfe Research increased their price objective on Uber Technologies from $90.00 to $92.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd.
Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days. The facts discussed here and much other information on Zacks.com might help determine whether or not it’s worthwhile paying attention to the market buzz about Uber. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
According to Chief Executive Dara Khosrowshahi, Uber is a “once-in-a-generation company” that isn’t “even one percent done” with its work. Looking at the big picture, we believe there’s a lot more to come from this disruptive technology giant. Additionally, on top of its focus on autonomous driving, Uber is also looking to expand out its alternative forms of transport including its electric scooters and its bikes. Profits on scooters and bikes may not be as high as profits on vehicle rides but these forms of transport offer a way for Uber to maintain users’ engagement with the company. For example, after acquiring self-driving truck startup Otto in 2016, Uber incorporated its hardware and software systems into an autonomous truck, and successfully demonstrated the viability of autonomous trucking.
Company Overview
It also plans to gradually test out more autonomous vehicles, which could replace its human drivers in a few years, reducing its labor costs. AUSTIN, Texas–(BUSINESS WIRE)–Starting today, Austin riders can be matched with a Waymo autonomous vehicle (AV) on the Uber app, making your next trip even more special. Nvidia Corp NVDA just landed another heavyweight deal—this time with General Motors Co GM—and it’s one that could shake up the autonomous driving race. 3 market experts have recently issued ratings for this stock, with a consensus target price of $85.67.
You can trade Uber stock using derivatives, such as CFDs and spread bets. With derivatives, you can trade rising as well as falling prices, because you don’t take ownership of the underlying assets. If you want to buy the shares outright instead, you can do so via a share dealing account. When you invest in shares, you own them, but when you trade shares, you are simply speculating on whether the share price will go up or down.
Technical indicators such as the RSI or MACD may help make sense of historical price action and develop your technical analysis skills. Meanwhile, a knowledge of fundamental factors like competitive standing, earnings releases, and the regulatory landscape are all essential to gain a handle on the fundamental drivers of price. Share dealing and IG Smart Portfolio accounts provided by IG Trading and Investments Ltd, CFD accounts and US options and futures accounts are provided by IG Markets Ltd, spread betting provided by IG Index Ltd.
The company has recently announced plans to become an emission-free platform and is investing in self-driving cars. In August 2016, DiDi acquired Uber’s business operations in China, and in exchange, Uber obtained an 18% equity stake in DiDi. DiDi also pledged to invest $1 billion in Uber as part of the agreement. Later that year, Uber purchased Ottomotto, a startup specializing in developing autonomous trucks. The acquisition was valued at $625 million, and the founder of Ottomotto, Anthony Levandowski, was previously accused of stealing trade secrets from his former employer, Waymo, to establish the company.
UFCW Canada takes historic step in applying for certification to represent Uber drivers in B.C.
Uber operates in over 900 metropolitan areas across the world, making it one of the largest and most influential players in the “gig economy”. In addition to its flagship ride-sharing service, Uber has expanded into other sectors, including food delivery (Uber Eats) and freight transportation (Uber Freight). The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Uber. As with any asset, the Uber share price is dynamic and liable to change at any time. If you’re trading this stock, it’s important to check out the Uber chart frequently to keep on top of price movements, as well as retain a strong understanding cryptocurrency exchanges: guide for beginners of the fundamental and technical influences that can cause the price to shift.
Uber stock is listed on the New York stock Exchange (NYSE) under the ticker UBER in May 2019. It closed its first trading day at $41.57 per share, giving the company a valuation of $69.7 billion. Before trading or investing in any company, you must study its fundamentals.
Trump initially said Ukraine would get “the right to fight on” in return for access to its minerals, but in the days after the spat in Washington he paused all US military aid to Ukraine. That version of the deal envisages that an “investment fund” will be set up for Ukraine’s reconstruction, which Ukrainian Prime Minister Denys Shmyhal said would be managed by Kyiv and Washington on “equal terms”. Multiple sources have told the BBC’s US partner CBS News that the terms of the deal have not yet been finalised and could change from a previous version, which was published by Ukrainian media before Zelensky’s meeting with Trump and Vance. The relationship between the two leaders showed little sign of improving in the days afterwards, with the US announcing it was pausing all military aid to Ukraine. It’s also looking to grow its Uber Eats division as this is currently the most profitable part of Uber.