Uber

UBER | NYSE | 182 Followers
$85.70 +2.41% $2.02
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Fair Price

$69.64
Overvalued by 6.9%
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Uber (UBER) is a global technology company that provides ride-sharing and food delivery services. Their mobile application allows users to easily request transportation or order food and quickly get to their desired destinations. Uber is bringing innovative forms of mobility and transforming the way people travel and order food. Uber stock is suitable for investors who are tracking the technology sector and are interested in companies operating in the ride-sharing and food delivery space. Add Uber stock to your watchlist on Bulios and stay informed about the latest innovations and developments in the mobile world.

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Have you spotted Wheely as a new competitor to $UBER?

The luxury transportation company, for example, is offering transportation in the United Arab Emirates starting Wednesday, when Wheely will begin offering rides in BMW 5 Series and 7 Series vehicles for the first time as part of its Dubai debut.

It's a London start-up aimed at a high-net-worth clientele, with an average 30...
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OUTLOOK FOR UBER

Financial services firm Wells Fargo named UBER $UBER 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 to disclose its...
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Uber is a great company with a great business, but the stock is currently expensive.
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Have a nice Sunday,

How do you see the future of $UBER and other similar companies like BOLT etc?

I own a really small bit of Uber $UBER and I still think it has a future and after the last quarterly results they had a smaller loss than expected so the share price went up a bit but so far it's not much compared to earlier prices.
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I don't own one, but I still think companies of this type will replace the taxi services we all know sooner or later.
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