Professional
Added to YB: 2024-07-31
Pitch date: 2024-07-16
UBER [bullish]
Uber Technologies, Inc.
+15.99%
current return
Author Info
Optimist Fund is a concentrated, global growth-oriented value investment partnership Follow on Twitter/X.
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
$73.38
Price Target
N/A
Dividend
N/A
EV/EBITDA
33.84
P/E
11.71
EV/Sales
3.82
Sector
Ground Transportation
Category
growth
Optimist Fund Portfolio Holding: Uber Technologies, Inc.
UBER: Strong Q1 - bookings +20%, adj EBITDA +82%, FCF +148% YoY. Q2 guidance suggests growth acceleration. Stock down mid-single-digits despite results, likely due to Tesla robo-taxi concerns. Solid financials, but market wary of potential future competition.
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