
Uber (UBER) Stock Forecast & Price Target
Uber (UBER) Analyst Ratings
Bulls say
Uber Technologies demonstrates a strong positive outlook due to significant year-over-year growth in Monthly Active Platform Consumers (MAPCs), which reached 189 million, reflecting a 17% increase and surpassing consensus expectations. Additionally, the company has shown robust delivery segment performance, with Delivery Revenue rising 27% year-over-year and the Grocery & Retail category achieving a $12 billion annualized gross booking run-rate, indicating expanding market presence and user adoption. Furthermore, Uber's Mobility revenues grew by 18% year-over-year, driven by accelerated trip growth and improving underlying economics, enhancing overall profitability across its diverse service offerings.
Bears say
Uber Technologies reported an EBITDA loss of $20 million, slightly increasing financial strain compared to previous quarters, indicating persistent challenges in achieving profitability. The company's revenue growth appears to be slowing, as evidenced by a slight miss in 3Q adjusted EBITDA and a cautious outlook for 4Q, which, despite projected growth, remains below consensus estimates. Additionally, the unpredictability surrounding the adoption of autonomous driving technology poses significant risks, as the company navigates the balance between opportunity and financial uncertainty.
This aggregate rating is based on analysts' research of Uber and is not a guaranteed prediction by Public.com or investment advice.
Uber (UBER) Analyst Forecast & Price Prediction
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