Its segments include Mobility, Delivery, and Freight. The Company connects consumers with providers of ride services, merchants, and food delivery services as well as public transportation networks. ![]() develops and operates technology applications supporting a variety of offerings on its platform. However, since the stock’s price has seen 68.78% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.Uber Technologies, Inc. It is noteworthy that short shares in May were down slightly from the previous month’s figure, which was 55.14 million. From this, we can conclude that short interest is 2.61% of the company’s total outstanding shares. The stats also highlight that short interest as of May 14, 2023, stood at 52.89 million shares, resulting in a short ratio of 1.75 at that time. The insiders hold 0.10% of outstanding shares, whereas institutions hold 73.90%. However, this figure has increased over the past 10 days to an average of 21.16 million.Ĭurrently, records show that 2.01 billion of the company’s shares remain outstanding. (NYSE:UBER) indicates that the 3-month average is 23.67 million. ![]() Also in last trading session, the S&P 500 Index has surged 0.93%, while the Dow Jones Industrial also saw a positive session, up 0.56% on the day.Īn evaluation of the daily trading volume of Uber Technologies Inc. (DASH) saw its stock close 0.82% higher in the most recent trading session but was up 5.42% in a year. stock has been performing in comparison to its peers in the industry, here are the numbers: UBER stock’s performance was 1.83% in the latest trading, and 64.07% in the past year. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy. On the technical side, indicators suggest UBER has a 100% Buy on average for the short term. 1 upward and no downward comments were posted in the last 7 days. The company’s revenue is forecast to grow by 18.00% over what it did in 2023.Ī company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Uber Technologies Inc. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2023 is $37.6 billion. The average estimate suggests sales will likely up by 15.90% this quarter compared to what was recorded in the comparable quarter last year. ![]() It means analysts are expecting annual earnings per share growth of 100.00%.Īnalysts have forecast the company to bring in revenue of $9.36 billion for the current quarter, with the likely lows of $8.96 billion and highs of $9.89 billion. Analysts have predicted the quarterly earnings per share to grow by -$0.01 per share this quarter, however they have predicted annual earnings per share of $ and $0. Investors’ optimism about the company’s current quarter earnings report is understandable. ![]() Uber Technologies Inc., whose market valuation is $82.97 billion at the time of this writing, is expected to release its quarterly earnings report – Aug 04, 2023. Here are five of the best ways to profit from the AI boom. And investors like you always want to get in on the hottest stocks of tomorrow. And it's about to change everything we know about everything.Īccording to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. The artificial intelligence (AI) revolution is already here.
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