Uber Eats to Power Restaurant Delivery on Instacart
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May 9, 2024 6:08 AM EDT
BofA Securities analyst Justin Post lowered the price target on Uber Inc. (NYSE: UBER) to $87.00 (from $91.00) while maintaining a Buy rating.
The analyst comments "Reported 1Q rev/EBITDA of $10.13bn/$1.38bn, above Street at $10.11bn/$1.32bn, while bookings at $37.7bn was 1%... More
May 8, 2024 4:09 PM EDT
Jefferies analyst John Colantuoni lowered the price target on Uber Inc. (NYSE: UBER) to $100.00 (from $103.00) while maintaining a Buy rating.
The analyst comments "UBER delivered another EBITDA beat/raise and broadly matched elevated buy-side expectations. We would attribute today's weakness to a... More
May 8, 2024 7:12 AM EDT
Uber (NYSE: UBER) stock tumbled Wednesday after the company posted a quarterly loss, below expectations, and missed quarterly bookings estimates.
Uber reported a first-quarter loss of ($0.32) per share. This was $0.54 worse than the analyst estimate of a profit of $0.22 per share. Meanwhile,... More
May 7, 2024 8:28 AM EDT
Shares of DoorDash (NASDAQ: DASH) dropped over 3% premarket Tuesday after Instacart (NASDAQ: CART) and Uber (NYSE: UBER) announced a strategic partnership.
The partnership will bring Uber Eats restaurant delivery to... More
May 7, 2024 8:05 AM EDT
DoorDash (NASDAQ: DASH) Declines After Uber (NYSE: UBER) and Instacart (NASDAQ: CART) Pact on Restaurant Deliveries
DASH -5%
Earlier:
Instacart (Nasdaq:...
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