$Uber(UBER)$ bullish Uber Tech

2023-09-20

$Uber(UBER)$ bullish Uber Technologies Incorporated (NYSE:UBER) is a ride-hailing conglomerate. The services allows users to remotely reserve a vehicle from services in ride-sharing, public transit, and bike-sharing. The company’s advantage comes from superior flexibility and convenience in comparison to the traditional method of obtaining a taxi.

UBER stock is worth $48.32 and is up 93.15% YTD. Yahoo! Finance reports that 32 analysts have rated UBER as a “Buy” to outperform the market and an average 12-month price target of $57.08.

The mobility services industry is forecasted to grow from $236.42 billion in 2022 to $774.93 billion by 2029 at an 18.5% CAGR. A rising trend of on-demand transportation drove growth for the sector. The ride-hailing segment exercised considerable control throughout the industry as a whole.

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Comments

cheerzy
2023-10-03
cheerzy
Uber eats sends delivery orders between $2 to $4 4-5 miles distance. then one, must comeback, I am curious, who are the drivers who deliver at that low paying level?
vippy
2023-10-03
vippy
Uber is a growing, diversified, well-oiled machine. After their Q3 Earnings report and next major profit, this stock will rise to around $60 and will be around $75 sometime next year. Wait and see!✌️👍🤘
bubblyx
2023-10-03
bubblyx
Uber / Lyft trying to suppress surge, by cutting them fro usual 20 to 4$, another garbage move. Look at the time distance and consider traffic for the time of the day, the rest is lipstick on the pig
frosti
2023-10-03
frosti
all you Uber bag holders - a strike is coming and the stock is going to get a huge haircut
wigglyz
2023-10-03
wigglyz
Uber and oracle teaming up,, don’t over look the importance of this ,,,
pixiezz
2023-10-03
pixiezz
Uber is expanding into a go anywhere get anything platform

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