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Added to YB: 2024-09-24

Pitch date: 2024-09-22

UBER [bullish]

Uber Technologies, Inc.

+7.74%

current return

Author Info

Company Info

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.

Market Cap

$170.1B

Pitch Price

$75.11

Price Target

N/A

Dividend

N/A

EV/EBITDA

30.32

P/E

10.50

EV/Sales

3.42

Sector

Ground Transportation

Category

growth

Show full summary:
Will Uber Become the Ruler of Robotaxis?

UBER: Strong H1 2024: 156M users, trips +20%, revenue +15%, FCF $3B. Partnerships with Waymo, Cruise, Wayve, BYD for robotaxis. Turo deal benefits IAC (32% stake). EV/FCF 33x, but profitability improving. CEO sees Uber as ideal AV partner due to 150M+ user network.

Read full article (6 min)