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Added to YB: 2024-12-09

Pitch date: 2024-12-06

UBER [bullish]

Uber Technologies, Inc.

+29.94%

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

$189.7B

Pitch Price

$65.50

Price Target

93.00 (+9%)

Dividend

N/A

EV/EBITDA

33.84

P/E

11.71

EV/Sales

3.82

Sector

Ground Transportation

Category

growth

Show full summary:
Buybacks, Partnerships, and AV Expansion: Why BofA Sees Uber at $93

UBER: BofA Buy PT $93. Miami launch 2-3% of bookings. Waymo competition overhang, but not new. Multiple AV players expected, Uber likely beneficiary. Brand strength, partnership potential. US Mobility ~30% of value. Attractive at 14x 2026 FCF. Catalysts: buybacks, partnerships, EV launches in 1H'25.

Read full article (1 min)