Uber Announces Results for Fourth Quarter and Full Year 2023
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February 8, 2024 6:20 AM EST
Deutsche Bank analyst Lloyd Walmsley raised the price target on Uber Inc. (NYSE: UBER) to $82.00 (from $58.00) while maintaining a Buy rating.
The analyst comments "Mobility gross bookings growth was strong in 4Q up 28% FXN, with particular strength in LatAm and APAC, and driven in part by growth within the non-UberX portfolio, which was up 80%... More
February 7, 2024 2:13 PM EST
Evercore ISI analyst Mark Mahaney raised the price target on Uber Inc. (NYSE: UBER) to $80.00 (from $75.00) while maintaining a Outperform rating.
The analyst comments "We reiterate our Outperform rating on UBER in the wake of modest Beat & Raise Q4 EPS results. $37.6B in Bookings (up 21% Y/Y ex-FX) came... More
February 7, 2024 10:00 AM EST
Bernstein analysts provided their outlook for Uber (NYSE: UBER) shares in a note this week ahead of the company's investor update, saying that the company's fundamentals now look solid.
The note, headed by analyst Nikhil Devnani, says that anyone pulling up a chart of UBER share price performance in 2023 will consider it "scary" and question what is to come next for the stock.
However, for Bernstein, which... More
February 7, 2024 6:58 AM EST
Uber (NYSE: UBER) reported Q4 EPS of $0.66, $0.50 better than the analyst estimate of $0.16. Revenue for the quarter came in at $9.94 billion versus the consensus estimate of $9.76 billion.
Outlook for Q1 2024
For Q1 2024, we anticipate:
Gross Bookings of $37.0 billion to $38.5...
More
