Last price: $78.11
52w range:
$29.22
to
$82.14
52w change:
167.00%
to
-5.00%
Forward PE: 36
Trailing EPS: 0.87
50d average: $73.67
(6%)
200d average: $55.20
(42%)
Open: $78.96
Previous close: $77.91
Change: $0.20
(0.26%)
Day high: $79.00
Day low: $76.85
Volume: 11.40 million
Avg. vol 3m: 20.44 million
NYSE
NYSE:UBER
Cap: 162.20 billion
Shares outstanding: 2.1 billion
Price hint: 2
Price to book: 14.38
Yahoo Quote
Uber Technologies Inc. operates as a technology platform for app-based ride-hailing and food delivery services. Its business spans several segments including Personal Mobility, Uber Eats, Freight, and Advanced Technologies Group (ATG) and other technologies.
Personal Mobility includes ride hailing services, electric bikes, scooters, and transit partnerships. Uber Eats - its food delivery service - has grown significantly during the COVID-19 pandemic. Freight operates as a logistics company and ATG and other technologies are responsible for the development and commercialization of autonomous vehicle and ridesharing technologies, among other things.
When discussing Uber as an investment opportunity, there are several factors to consider:
1. Market Leadership: Uber is a leader in the ride-sharing industry with significant brand recognition and a large customer base. This large user base gives it a considerable competitive advantage.
2. Financial Performance: While Uber has constantly witnessed rapid growth in terms of revenues, it’s also important to note that the company has been historically unprofitable as it prioritizes growth over profits. However, it has shown signs of narrowing losses.
3. Diversification: Uber has diversified its business operations beyond just ride-hailing to food delivery (Uber Eats), logistics services (Uber Freight), and they are investing in next-generation technologies like autonomous vehicles.
4. COVID-19 Impact: The COVID-19 pandemic has had a significant impact on Uber's ride-hailing business as fewer people are traveling due to lockdown measures. However, their food delivery service has seen a surge in demand.
5. Legal and Regulatory issues: Uber has been faced with numerous legal and regulatory challenges over its short span of existence. These regulations can vary from market to market, which increases their operational complexity.
6. Competitive landscape: Uber operates in highly competitive markets and faces significant rivalry from companies like Lyft, DoorDash, Grubhub, among others.
Like all investment decisions, investing in Uber stock has associated risks and should be based on an individual's financial situation, risk tolerance, and investment goals.