Atlantic Equities Upgrades Uber Inc. (UBER) to Overweight
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Canaccord Genuity Starts Uber Inc. (UBER) at Buy
June 4, 2019 5:59 AM EDTCanaccord Genuity analyst Michael Graham initiates coverage on Uber Inc. (NYSE: UBER) with a Buy rating and a price target of $55.00.
For an analyst ratings summary and ratings history on Uber Inc. click here. For more ratings news on Uber Inc. click here.
Shares of Uber Inc. closed at $41.72 yesterday.
... MoreCiti Starts Uber Inc. (UBER) at Neutral
June 4, 2019 4:20 AM EDTCiti analyst Mark May initiates coverage on Uber Inc. (NYSE: UBER) with a Neutral rating and a price target of $45.00.
Comes out sidelined as DCF model analysis yields a fair valuation that fails to warrant a Buy rating."The... MoreMizuho Securities Starts Uber Inc. (UBER) at Buy
June 4, 2019 4:19 AM EDTMizuho Securities analyst James Lee initiates coverage on Uber Inc. (NYSE: UBER) with a Buy rating and a price target of $50.00.
The analyst comments "Uber has a category-leading position in ridesharing, which makes up nearly 70% of its overall TAM of nearly $6tn. The current... More
UPDATE: RBC Capital Starts Uber Inc. (UBER) at Outperform
June 4, 2019 4:03 AM EDT(Updated - June 4, 2019 6:52 AM EDT)
(updated to add analyst comments)
RBC Capital analyst Mark Mahaney initiates coverage on Uber Inc. (NYSE: UBER) with a Outperform rating and a price target of $62.00.
The analyst commented, "Uber is the leading global player in... More
JMP Securities Starts Uber Inc. (UBER) at Market Outperform
June 4, 2019 3:54 AM EDTJMP Securities analyst Ronald Josey initiates coverage on Uber Inc. (NYSE: UBER) with a Market Outperform rating and a price target of $54.00.
The analyst comments "With shares of Uber down 8% since its IPO on May 10 (vs. S&P 500 -5%) on concerns around decelerating growth,... More
Susquehanna Reiterates Neutral Rating on Uber Inc. (UBER)
May 31, 2019 7:02 AM EDTSusquehanna analyst Shyam Patil reiterated a Neutral rating and $42.00 price target on Uber Inc. (NYSE: UBER) following the company's 1Q earnings report. There were no surprises for 1Q, given the preliminary results, though the company chose not to provide forward looking guidance.... More
Uber (UBER) Reports Q1 Revenue of $2.76 Billion, 41% YoY growth of Gross Bookings in Q1
May 30, 2019 4:08 PM EDTUber (NYSE: UBER) reported Q1 revenue of $2.76 billion, versus $2.42 billion reported last year.
Adjusted EBITDA loss of $869 Million
41% YoY growth of Gross Bookings in Q1 2019 (at constant currency and excluding the impact of our 2018 Divested Operations):Demonstrating the power of our Platform, total company gross bookings grew 41% YoY (at constant currency and excluding the impact of divestitures that closed in Q1 2018) similar to Q4 2018s 43% YoY. Foreign currency negatively impacted reported gross bookings growth by 7% in Q1 2019 and 6% in Q4 2018.Core Platform loyalty program launched nationally in the US: Uber... More