Uber (UBER) Tops Q4 EPS by 50c
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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 7:08 AM EST
Uber (NYSE: UBER) issued a robust gross bookings outlook for the first quarter.
The stock was down 0.8% in premarket trading.
For Q4, the ride-hailing giant posted earnings per share (EPS) of $0.66, well ahead of the consensus estimates of $0.16. Revenue came in at $9.94 billion,... More
