Uber $UBER +3.7% following its earnings release.

$Uber(UBER)$ hit 52-week high,

Below are the main highlights & my valuation views:

Positives:

• Surpassed EPS expectations.

• Strong Year-over-Year growth in Gross Booking Value, with Mobility surging by 31% and Delivery by 18%, marking an acceleration for both sectors.

• Robust U.S. consumer spending, favoring service sectors like food delivery and dining.

• Company's focus on local services provides defensive strength in economic fluctuations.

• Growth in active drivers surpassing trip growth due to good earning opportunities.

• Sequential margin improvement.

Image

Negatives:

• Missed revenue expectations.

• Take Rates have peaked and declined.

• Management's strategy to maintain low Take Rates to promote platform growth, which may impact future revenue growth negatively.

Image

Valuation Perspective: Bullish

• Based on DCF analysis the current share price reflects only a slight and clear improvement.

• Potential long-term benefits are expected from the adoption of a full self-driving platform, leveraging its existing user base.

Image

More slides in

Image

Source：https://twitter.com/invest_memo16/status/1722204624839733459

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","html":"<html><head></head><body><p> <a data-mention-id=\"UBER\" class=\"teditor-mention\" data-mention-name=\"Uber\" href=\"https://ttm.financial/S/UBER\">$Uber(UBER)$</a> hit 52-week high,</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/34017edd8ce1a698577dd95ef9fa0584\" tg-width=\"560\" tg-height=\"240\"></p><p>Below are the main highlights &amp; my valuation views:</p><p></p><p>Positives:</p><p>• Surpassed EPS expectations.</p><p>• Strong Year-over-Year growth in Gross Booking Value, with Mobility surging by 31% and Delivery by 18%, marking an acceleration for both sectors.</p><p>• Robust U.S. consumer spending, favoring service sectors like food delivery and dining.</p><p>• Company's focus on local services provides defensive strength in economic fluctuations.</p><p>• Growth in active drivers surpassing trip growth due to good earning opportunities.</p><p>• Sequential margin improvement.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/9973694f83122841dc80e682a4c0bd9e\" tg-width=\"3000\" tg-height=\"2250\"><span>Image</span></p><p>Negatives:</p><p>• Missed revenue expectations.</p><p>• Take Rates have peaked and declined.</p><p>• Management's strategy to maintain low Take Rates to promote platform growth, which may impact future revenue growth negatively.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/af8d4490c771c8b251cea0691161cf09\" tg-width=\"3000\" tg-height=\"2250\"><span>Image</span></p><p>Valuation Perspective: Bullish</p><p>• Based on DCF analysis the current share price reflects only a slight and clear improvement.</p><p>• Potential long-term benefits are expected from the adoption of a full self-driving platform, leveraging its existing user base.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/6d8bc30a43dcb21aa9cec3d858f2d346\" tg-width=\"3000\" tg-height=\"2250\"><span>Image</span></p><p>More slides in</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/4d650053073f028d1bb59af7c2443093\" tg-width=\"3000\" tg-height=\"2250\"><span>Image</span></p><p>Source：https://twitter.com/invest_memo16/status/1722204624839733459</p></body></html>","htmlText":"<html><head></head><body><p> <a data-mention-id=\"UBER\" class=\"teditor-mention\" data-mention-name=\"Uber\" href=\"https://ttm.financial/S/UBER\">$Uber(UBER)$</a> hit 52-week high,</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/34017edd8ce1a698577dd95ef9fa0584\" tg-width=\"560\" tg-height=\"240\"></p><p>Below are the main highlights &amp; my valuation views:</p><p></p><p>Positives:</p><p>• Surpassed EPS expectations.</p><p>• Strong Year-over-Year growth in Gross Booking Value, with Mobility surging by 31% and Delivery by 18%, marking an acceleration for both sectors.</p><p>• Robust U.S. consumer spending, favoring service sectors like food delivery and dining.</p><p>• Company's focus on local services provides defensive strength in economic fluctuations.</p><p>• Growth in active drivers surpassing trip growth due to good earning opportunities.</p><p>• Sequential margin improvement.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/9973694f83122841dc80e682a4c0bd9e\" tg-width=\"3000\" tg-height=\"2250\"><span>Image</span></p><p>Negatives:</p><p>• Missed revenue expectations.</p><p>• Take Rates have peaked and declined.</p><p>• Management's strategy to maintain low Take Rates to promote platform growth, which may impact future revenue growth negatively.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/af8d4490c771c8b251cea0691161cf09\" tg-width=\"3000\" tg-height=\"2250\"><span>Image</span></p><p>Valuation Perspective: Bullish</p><p>• Based on DCF analysis the current share price reflects only a slight and clear improvement.</p><p>• Potential long-term benefits are expected from the adoption of a full self-driving platform, leveraging its existing user base.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/6d8bc30a43dcb21aa9cec3d858f2d346\" tg-width=\"3000\" tg-height=\"2250\"><span>Image</span></p><p>More slides in</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/4d650053073f028d1bb59af7c2443093\" tg-width=\"3000\" tg-height=\"2250\"><span>Image</span></p><p>Source：https://twitter.com/invest_memo16/status/1722204624839733459</p></body></html>","text":"$Uber(UBER)$ hit 52-week high, Below are the main highlights & my valuation views: Positives: • Surpassed EPS expectations. • Strong Year-over-Year growth in Gross Booking Value, with Mobility surging by 31% and Delivery by 18%, marking an acceleration for both sectors. • Robust U.S. consumer spending, favoring service sectors like food delivery and dining. • Company's focus on local services provides defensive strength in economic fluctuations. • Growth in active drivers surpassing trip growth due to good earning opportunities. • Sequential margin improvement. Image Negatives: • Missed revenue expectations. • Take Rates have peaked and declined. • Management's strategy to maintain low Take Rates to promote platform growth, which may impact future revenue growth negatively. Image Valuation Perspective: Bullish • Based on DCF analysis the current share price reflects only a slight and clear improvement. • Potential long-term benefits are expected from the adoption of a full self-driving platform, leveraging its existing user base. 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