Uber Announces Results for First Quarter 2022

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Uber Inc. (UBER) PT Lowered to $65 at Jefferies

May 5, 2022 8:48 AM EDT

Jefferies analyst Brent Thill lowered the price target on Uber Inc. (NYSE: UBER) to $65.00 (from $80.00) while maintaining a Buy rating.

The analyst commented, "After a slow start due to omicron in Jan., trends improved quickly and hit records in April. Mobility GB in... More

Uber Inc. (UBER) PT Lowered to $40 at Stifel

May 4, 2022 3:45 PM EDT

Stifel analyst Scott Devitt lowered the price target on Uber Inc. (NYSE: UBER) to $40.00 (from $48.00) while maintaining a Buy rating following earnings.

The analyst commented, "Uber reported 1Q top- and bottom-line results ahead of guidance and our / consensus expectations, and provided 2Q... More

Uber (UBER) Q1 Revenue Tops Consensus

May 4, 2022 7:03 AM EDT

Uber (NYSE: UBER) reported Q1 EPS of ($3.04), versus ($0.06) reported last year. Revenue for the quarter came in at $6.85 billion versus the consensus estimate of $6.13 billion.

Net loss of $5.9 billion with a $5.6 billion headwind relating to Ubers equity investments

Outlook for Q2... More