Uber Technologies (UBER)

The shares of Uber Technologies (UBER; $30.07; O/P) are now down 18% since the company produced a healthy non-GAAP EBITDA “beat and raise” with its Q4 results and outlook (“Posts Another EBITDA Beat”; 2/8). We…

We reiterate our Outperform on the shares of Uber Technologies (UBER; $33.55) after reviewing the company’s 10-K, filed last Tuesday (2/21). The 10-K further highlighted the sizeable synergies between Mobility and Delivery, which was also…

Uber Technologies (UBER; $36.76; O/P) produced a healthy non-GAAP EBITDA “beat and raise”, which provided additional support for our $50 target. We think this is especially the case since we think a number of key…

Uber Technologies (UBER; $34.90; O/P) posted Q4 adjusted EBITDA of $665mm (7.7% of sales), which beat our $602mm (7.1% of sales) and the Street’s $624mm (7.3% of sales). Sales of $8,607mm were ahead of our…

We expect Uber Technologies’ (UBER; $31.15; O/P) Q4 results and outlook, scheduled for Wednesday, February 8th (before market), to provide further support for our belief that its vast and expanding network is undervalued, especially given…

Earlier this week, Hertz Global Holdings (HTZ; $17.07; NR) announced it is expanding on an existing partnership with Uber Technologies (UBER; $30.25; O/P) in a move that is focused on making Uber’s network more attractive…

We think some recent “proof points” out of Uber Technologies (UBER; $28.92; O/P) further support the idea that the company is making progress towards achieving its goal to fully electrify its global rideshare and delivery…

This morning, Uber Technologies (UBER; $25.78; O/P) announced a new on-demand and scheduled grocery delivery partnership with Meijer for consumers located in the Midwest of the U.S. (Illinois, Indiana, Kentucky, Michigan, Ohio, Wisconsin). We think…

On Friday (12/2), Uber Technologies’ (UBER; $28.50; O/P) Freight business (22% of 2022E sales) announced it is expanding on an existing pilot autonomy program with Aurora Innovation (AUR; $1.36; NR) through a new commercial lane…

We reiterate our Outperform on the shares of Uber Technologies (UBER; $29.87) after another quarter of robust organic top line growth accompanied by an accelerated trajectory of EBITDA improvements, led by significant Delivery profit upside…

Uber Technologies (UBER; $26.57; O/P) posted Q3 adjusted non-GAAP EBITDA of $516mm (6.2% of sales), which was comfortably ahead of our forecast of $450mm (5.6% of sales) and the Street’s $459mm (5.7% of sales). Sales…

We like the “set up” for the shares of Uber Technologies (UBER; $27.50; O/P) ahead of Q3 results and outlook tomorrow morning (11/1). The stock is -6% from where it traded to right after a…

Recent news out of Uber Technologies (UBER; $27.52; O/P) highlighted its focus on adding to its robust list of on-demand delivery partnerships, including further opportunities to expand non-restaurant delivery category reach, which remains an important…