Uber ipo date and price
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Uber founder.
Why did uber ipo fail
What Analysts Think of Uber Stock Ahead of Earnings
Key Takeaways
- Uber is set to report fourth-quarter earnings before the bell Wednesday, with revenue projected to have grown year-over-year but profit to have declined.
- Analysts are overwhelmingly bullish on Uber's stock, with the consensus price target 29% above Tuesday's closing level.
- Analysts said that the caution around autonomous vehicles that hurt Uber's stock in 2024 has been "overdone."
Uber Technologies (UBER) is set to report fourth-quarter earnings before the bell Wednesday, with revenue projected to have grown year-over-year but profit to have declined.
Analysts are overwhelmingly bullish on the rideshare giant's stock, with all 25 analysts tracked by Visible Alpha rating it a "buy." Their consensus price target at $90 would imply 29% upside from Tuesday's close at $69.75.
Uber is expected to report a roughly 18% year-over-year revenue gain to $11.76 billion, according to estimates compiled by Visible Alpha. However, the company's net income is projected to have
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- uber stock going public date