UBER - Uber Technologies, Inc.
After hours:
| Previous close | 38.99 |
| Open | 39.18 |
| Bid | 40.10 x 3200 |
| Ask | 40.21 x 800 |
| Day's range | 39.05 - 40.63 |
| 52-week range | 19.90 - 40.79 |
| Volume | |
| Avg. volume | 23,790,117 |
| Market cap | 81.479B |
| Beta (5Y monthly) | 1.20 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.68 |
| Earnings date | 31 Jul 2023 - 04 Aug 2023 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 48.90 |
ReutersTop EU court rejects Barcelona's ride-hailing restrictions
The Court of Justice of the European Union rejected on Thursday rules set by the city of Barcelona that dramatically restrict the number of cars working with ride-hailing apps such as Uber. Barcelona had introduced a series of rules intended to reduce the number of drivers of private cars transporting passengers hired through mobile platforms and fleet owners to protect the interests of taxi services. But the EU's top court said the justification for the restrictions is contrary to EU law, according to a document sent by the Court.
The TelegraphPassengers to be charged more for Uber journeys in petrol cars
Uber journeys in petrol cars will become more expensive than in their electric counterparts when travelling from the airport as part of a push to decarbonise the taxi service.
BloombergUber Will Let You Rent Out Your Car in Sustainability Push
(Bloomberg) -- Uber Technologies Inc. will make it possible to rent out your car on its app, with a peer-to-peer car-sharing service aimed at making its ride-hailing business more sustainable.Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,000S&P 500 Enters Bull Market as Tech Rally Resumes: Markets WrapBonds Everywhere Suffer as Rate-Hike Fears Swamp
BloombergLyft's Green Efforts Take a Backseat in Push to Keep Up With Uber
(Bloomberg) -- Lyft Inc.’s founding mission hinged on making transportation more environmentally friendly. But the ride-hailing company’s sustainability efforts have been dealt a setback as new Chief Executive Officer David Risher prioritizes slashing costs in a bid to keep up with Uber Technologies Inc. Most Read from BloombergRussian Elite Is Souring on Putin’s Chances of Winning His WarAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsLeaving New York for Miami Can Save Nearly $200,
AFPEU court rejects Barcelona ride-hailing restrictions
A top European court on Thursday ruled against restrictions imposed by Barcelona city hall on ride-hailing companies like Uber and Cabify.The Luxembourg-based Court of Justice of the EU (ECJ) ruled Thursday that the rules violated ride-hailing firms' "freedom of establishment" in the city.
ReutersUber says green rides will enable customers to track CO2 savings
U.S. ride-hailing giant Uber said on Thursday that customers will soon be able to track emissions avoided when choosing greener rides and have the option of shared rides in more cities to further reduce CO2 emissions. The company said customers will be able to track the amount of CO2 avoided via its Uber Green service that uses low- or zero-emission vehicles and its Comfort Electric service using electric vehicles (EVs). Uber has previously promised that all the cars used to provide rides for customers will be fully electric by 2040 and says it now has 60,000 EVs active on its platform.
Motley FoolThe Market Has Soared in 2023, but It's Not Too Late to Buy These 2 Unstoppable Stocks
Mark Twain once said, "History doesn't repeat itself, but it often rhymes." The stock market regularly embodies that quote, and 2023 is shaping up to be a great example. The Nasdaq-100 technology index plunged 33% last year, but data going back to its inception in 1985 suggests consecutive down years are rare.
ReutersUber opens office for 1,000 more workers at Amsterdam headquarters
Uber said on Wednesday it has opened a new office with space for 1,000 additional workers in Amsterdam, where the company has its international headquarters. The U.S. ride sharing and food delivery firm said in a statement it currently employs more than a thousand workers in Amsterdam and is looking to add additional engineers. "Our new headquarters gives us space to grow in Amsterdam, as we actively recruit top tech talent in the (Dutch) capital," CEO Dara Khosrowshahi said.
Motley FoolUber One Is Dropping Its 5% Discount for This New Perk
Uber recently removed an Uber One perk that you may have used often. You'll no longer get a discount on eligible rides. Find out what you'll get instead.
Yahoo Finance VideoOnline travel stocks could see pre-pandemic growth rates by 2024: Analyst
Travel and travel booking stocks hope this year's summer travel demand can return them to their pre-pandemic growth outlooks. Scott Devitt, Wedbush Securities Managing Director of Equity Research, joins Yahoo Finance Live to break down the state of the travel industry while examining the forecast for ride-share stocks.
- Investing.com
4 big analyst picks: Ford upgraded to Buy, Uber initiated with Outperform rating
Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Ford, Comerica, and Valley National Bancorp, and initiation at Uber. Citi upgraded Ford Motor (NYSE:F) to Buy from Neutral and raised its price target to $16.00 from $12.80 following the results of its 2023 Vehicle Density survey, which pointed to “a surprisingly strong density outlook, suggesting that recent auto demand resilience reflects a genuine increase in wallet share.” According to the firm, the upgrade reflects an improved risk/reward proposition due to (1) a more positive outlook on U.S. auto demand, (2) Ford's recent CMD and re-segmentation, which increase the likelihood that Ford Pro will drive improved sentiment and possibly SoP treatment, (3) potential improvements in sentiment towards electric vehicles as Ford’s Model-e unit executes towards H2 margin targets, and (4) the recognition of major opportunities in the Sw/AI-defined car sector.
The GuardianUK shoppers warned of delivery app markup on supermarket goods
Which? finds a basket of items speedily delivered by Deliveroo, Just Eat or Uber Eats can cost a third more
PA Media: MoneyDelivery apps charge double for some supermarket groceries – Which?
Which? acknowledged that ordering groceries from the apps is ‘undeniably convenient’ but warned that it found ‘shocking’ price differences.
ZacksWhy Is Etsy (ETSY) Down 11.4% Since Last Earnings Report?
Etsy (ETSY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
ZacksFord (F) & Uber Join Forces to Accelerate Electric Rideshare
The collaboration between Ford (F) and Uber marks a significant milestone in the transition toward electric ridesharing.
ZacksUber (UBER) Up 0.2% Since Last Earnings Report: Can It Continue?
Uber (UBER) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Motley FoolUber and Waymo Are Teaming Up: Is the Self-Driving Revolution Finally Here?
After going through a textbook technology hype cycle, the promise of autonomous vehicles has finally arrived.
The GuardianUber to cap surge pricing in NSW during public transport outages after deal with government
Rideshare giant to limit pricing during disruptions in an area with transport minister stressing it will come ‘at no cost to taxpayers’
ReutersUber executive says European taxis joining platform
Uber is seeing an influx of European taxi drivers joining its platform, an executive told Reuters, a surprising development given the history of tensions between the company and the traditional taxi industry. In an interview, Uber's Anabel Diaz, who oversees the company's mobility (ride-sharing) business in EMEA, said business is strong in Europe despite lingering uncertainty about gig economy labour rules. Europe, the Middle East and Africa "are growing fairly nicely with numbers that go from 10% to more than 50% growth in some of our geographies," she said.
ZacksAlphabet's (GOOGL) Waymo Boosts Expansion Efforts With Uber
Alphabet's (GOOGL) Waymo joins forces with Uber to deliver an autonomous driving experience to the latter's customers.
Motley FoolThis Small Part of Uber's Business Just Helped Multiply Delivery Profits. And It's Just Getting Started.
Uber Technologies (NYSE: UBER) has managed to produce over $500 million in profits from its delivery business over the past two quarters, and there's one key driving force behind the gains. What's more, the advertising business is just getting started, with Uber committing to $1 billion in ad revenue by next year.
Motley Fool3 No-Brainer Stocks to Buy Right Now for Less than $50
After a tough 2022, tech stocks have made a surprising recovery this year, paced by big tech companies and the perception that many of these stocks were oversold. Additionally, layoffs across much of the sector have also helped tech companies slim down and show greater profitability. After a long journey through the doldrums, Uber Technologies (NYSE: UBER) has made a surprising comeback.
Motley FoolWatch Out Uber, This Technology Could Make You Obsolete
Self-driving technology is proliferating, and that could be a threat to Uber's (NYSE: UBER) business. It doesn't have its own self-driving technology like competitors and would need to partner with someone else to compete, which may put the company at a big disadvantage.
Motley FoolLyft's AV face off
Lyft may be reaching for a higher gear in the driverless race. The company is seeking to patent a method for matching autonomous...
Motley FoolAre Uber and Waymo a Match Made in Heaven?
After giving up on its own autonomous driving technology years ago, Uber (NYSE: UBER) is now partnering with Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Waymo to bring autonomous vehicles to Phoenix, Arizona.
