Uber Announces Results for First Quarter 2024

Uber Inc. (UBER) PT Lowered to $80 at RBC Capital

RBC Capital analyst Brad Erickson lowered the price target on Uber Inc. (NYSE: UBER) to $80.00 (from $85.00) while maintaining a Outperform rating.

The analyst comments "UBER's Q1 was a bit messy relative to expectations. EBITDA results/guidance were fine but bookings softness... More

Uber Inc. (UBER) PT Lowered to $87 at BofA Securities

BofA Securities analyst Justin Post lowered the price target on Uber Inc. (NYSE: UBER) to $87.00 (from $91.00) while maintaining a Buy rating.

The analyst comments "Reported 1Q rev/EBITDA of $10.13bn/$1.38bn, above Street at $10.11bn/$1.32bn, while bookings at $37.7bn was 1%... More

Uber Inc. (UBER) PT Lowered to $100 at Jefferies

Jefferies analyst John Colantuoni lowered the price target on Uber Inc. (NYSE: UBER) to $100.00 (from $103.00) while maintaining a Buy rating.

The analyst comments "UBER delivered another EBITDA beat/raise and broadly matched elevated buy-side expectations. We would attribute today's weakness to a... More

Uber (UBER) reports Q1 loss, gross bookings miss expectations

Uber (NYSE: UBER) stock tumbled Wednesday after the company posted a quarterly loss, below expectations, and missed quarterly bookings estimates.

Uber reported a first-quarter loss of ($0.32) per share. This was $0.54 worse than the analyst estimate of a profit of $0.22 per share. Meanwhile,... More

Uber (UBER) Misses Q1 EPS by 54c, Revenue Beats, Offers Guidance

Uber (NYSE: UBER) reported Q1 EPS of ($0.32), $0.54 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $10.13 billion versus the consensus estimate of $10.09 billion.

Outlook for Q2 2024:

For Q2 2024, we anticipate:

Gross Bookings of $38.75 billion to... More