
Uber (UBER) Stock Forecast & Price Target
Uber (UBER) Analyst Ratings
Bulls say
Uber Technologies is in a strong position for growth, with second quarter results showing acceleration in gross bookings and profitability in line with expectations. Their unique network, technology, and brand equity will continue to fuel double-digit profit growth, and their AV partnership with Waymo is expected to last through at least 2027. With competition returning and potential upside drivers such as international and other verticals, we see potential for UBER to capitalize on opportunities and continue growing at a reasonable valuation.
Bears say
Uber Technologies is facing risks to its delivery segment growth as the market becomes more competitive, with potential rivals such as Tesla potentially entering the space. Additionally, there are concerns about potential difficulties in sustaining demand for new services such as drone and eVTOL delivery, as well as a potential slowdown in Uber Eats volume in the event of an economic downturn. These challenges could hinder the company's ability to maintain its current high levels of bookings and EBITDA growth, which could ultimately impact the company's stock performance.
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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