Professional
Added to YB: 2024-06-27
Pitch date: 2024-06-21
UBER [bullish]
Uber Technologies, Inc.
+17.23%
current return
Author Info
No bio for this author
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
$176.8B
Pitch Price
$69.83
Price Target
95.00 (+12%)
Dividend
N/A
EV/EBITDA
31.53
P/E
10.92
EV/Sales
3.56
Sector
Ground Transportation
Category
growth
Uber Technologies, Inc.: Recent weakness a buying opportunity
UBER: Buy, $95 PT. Q1 op income $172M vs -$262M YoY. Rev +15% to $10.13B. Mobility +30%, Delivery +4%. Mid-high teens bookings CAGR, 30-40% EBITDA CAGR next 3yrs. $7B buyback. Risks: driver issues, worker classification. 2024 EPS est $1.34, 2025 $2.52. Ba1/BB+ credit. 47.2% debt/cap. $5B cash.
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