Uber shares tumble as weaker ride-share demand hurts Q2 forecast
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Uber Inc. (UBER) PT Lowered to $80 at RBC Capital
May 9, 2024 6:39 AM EDTRBC Capital analyst Brad Erickson lowered the price target on Uber Inc. (NYSE: UBER) to $80.00 (from $85.00) while maintaining a Outperform rating.
The analyst comments "UBER's Q1 was a bit messy relative to expectations. EBITDA results/guidance were fine but bookings softness... More
Uber Inc. (UBER) PT Lowered to $87 at BofA Securities
May 9, 2024 6:08 AM EDTBofA 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
Uber Inc. (UBER) PT Lowered to $100 at Jefferies
May 8, 2024 4:09 PM EDTJefferies 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
Uber (UBER) reports Q1 loss, gross bookings miss expectations
May 8, 2024 7:12 AM EDTUber (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
