Added to YB: 2024-08-12
Pitch date: 2024-08-09
UBER [bullish]
Uber Technologies, Inc.
+19.31%
current return
Author Info
No bio for this author
Company Info
Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
$176.8B
Pitch Price
$68.61
Price Target
80.00 (-6%)
Dividend
N/A
EV/EBITDA
31.53
P/E
10.92
EV/Sales
3.56
Sector
Ground Transportation
Category
growth
Uber Technologies – This is why it remains my largest position
UBER: Strong Q2 w/ 21% trip growth, 19% bookings growth. Rev +16%, EBITDA +71%. Mobility +23%, Delivery +16%. $1.7B FCF. Guiding 18-23% Q3 bookings growth. 156M users (+14% YoY). Moat via scale, brand ($30B value). $80 PT based on 10x FY25 EBITDA. Risks: economic slowdown, competition.
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