Added to YB: 2024-05-10
Pitch date: 2024-05-09
UBER [bullish]
Uber Technologies, Inc.
+25.49%
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
$67.82
Price Target
82.40 (-3%)
Dividend
N/A
EV/EBITDA
33.84
P/E
11.71
EV/Sales
3.82
Sector
Ground Transportation
Category
growth
Uber Technologies – A brilliant company now trading at a discount
Uber delivered strong Q1 despite slight misses, with 20% gross bookings growth, 15% user growth, and record EBITDA margins of 13.9%. Mobility and delivery segments shined, subscription & ad revs near $1B run-rates. Lowered FY24/25 rev estimates but maintained EBITDA forecasts on margin expansion. Trades at 11x EBITDA, a premium justified by growth runway & profitability. Upgrading to Buy with $82 2025 PT for 13% annual return. Compelling opportunity post-selloff.
Read full article (10 min)