
Uber (UBER) Stock Forecast & Price Target
Uber (UBER) Analyst Ratings
Bulls say
Uber Technologies demonstrates a solid growth trajectory with a 17% year-over-year increase in Monthly Active Platform Consumers (MAPCs), reaching 189 million, exceeding analyst expectations. The company's Delivery segment reported a robust revenue growth of 27% year-over-year, driven by enhanced unit economics and a rising annualized gross booking run-rate in the Grocery and Retail category, which grew to $12 billion. Furthermore, the Mobility segment experienced an 18% year-over-year increase in revenue, supported by a significant 22% growth in total trips, highlighting the firm’s expanding operational footprint and improving financial metrics.
Bears say
Uber Technologies reported an EBITDA loss of $(20) million for the recent quarter, indicating a decline from $(6) million in the previous quarter and a negligible improvement from $(19) million in the same quarter last year. The company faces potential risks stemming from slowing revenue growth, with projected consolidated EBITDA for the upcoming quarter expected to fall short of consensus estimates and indicating a decline in financial momentum. Additionally, while autonomous driving technology presents future opportunities, it also introduces uncertainty due to the unpredictable pace of adoption, thereby heightening financial risks for the firm.
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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