Uber Is Winning the Growth Race, But the Road Ahead Is Getting More Expensive

Benzinga_recent_news02-05 23:30

Here are the key analyst insights: Check out other analyst stock ratings. Concerns remain around competition, especially from Tesla Inc., the analyst stated. "However, we believe that Uber is doing an...

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Contrary to the company’s suggestion, AV is unlikely to be a fragmented industry, he added.\n\"30% of Uber’s U.S. mobility bookings and 25% of profits are generated within the platform’s top 20 cities, and are most at risk to AV displacement,\" the analyst wrote. Waymo, and possibly Tesla, will likely be in several of the top 20 US markets by the end of this year, he further stated.\nUBER Price Action: Uber Technologies shares were up 0.53% at $74.31 at the time of publication on Thursday, according to Benzinga Pro data.\nPhoto: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2609307547","isCrawlerRequest":true}