OUTLOOK FOR UBER
Financial services firm Wells Fargo named UBER $UBER-0.3% stock one of its top picks for 2024.
Despite high marketing costs, it believes that revenue and EBITDA will be able to offset these costs. In addition, Wells Fargo believes that UBER has enough capital to buy 20% of its market capitalization over the next 3 years.
The company expects $UBER-0.3% to disclose its buyback plan in the first half of 2024.
Do you like $UBER-0.3% 's business and would you consider buying on such a plan?
Open $70.99
Day range $70.38 - $71.42
52 week range $40.09 - $82.14
Uber is a great company with a great business, but the stock is currently expensive.
Uber is a great company with a great business, but the stock is currently expensive.
Uber is a compelling concept but the stock hasn't scared me so far but maybe it's time to change that view: