UBER - Uber Technologies Inc: Buy
- Uber is a developer of applications that enable providers of ridesharing services and Eats meal preparation/delivery services to transact with end-users.
- CFRA rating Buy with a 12 month price target of $99
- Revenue growth projected to be 15-18% for 2025 and 2026.
- Growth catalysts include European expansion, advertising momentum, and strategic AV (Autonomous Vechile) partnerships with Waymo and Pony.ai.
- Our Buy rating reflects Uber's strong execution in driving growth while expanding margins. Network effects from 170M active users create competitive advantages through cross-selling between segments. The strategic AV partnerships with Waymo, Pony.ai and WeRide position Uber well for the future while limiting capital intensity.
- Long term value add to Uber: I believe they will be an integral part of the Autonomous Driving Trend from taxi services, food delivery and long hall delivery.
There has been an Uber-like service in my country lately... Not sure how to write its name in English, but it'd be "Bresto" or "Presto".