Uber: an undervalued 'free cash flow machine' with potential in autonomous vehicles?
Uber $UBER has struggled for a long time, but its financial results have been growing significantly in recent years. As a result, it's attracted the attention of billionaire investors like Bill Ackman and David Tepper, who see an undervalued opportunity in the stock.
1. Rocketing free cash flow ...
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📆 Key events of the week: What to watch out for?
The new week will bring important macro data and company results that can influence the markets. We will also see the market reaction to Donald Trump's introduction of tariffs. Here is a summary of the key events:
Monday:
📊 ISM Manufacturing PMI - An important indicator of activity in the industry. Weaker numbers may fuel...
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There's a lot of results this week, but I'm more interested in how stocks will react to Trump's tariffs.
How do you feel about $UBERstock ?
I think it's a great company and the business has done well. Uber has now expanded its partnership with Waymo again. But the stock is high enough to buy right now. I'll be happy to use their services on vacation, but I don't want $UBERstock in my portfolio.
📊📅 Another week is here and with it a list of interesting things to follow:
🔍On Monday, I'll be tracking company results after the markets close. We'll have results fromPalantir $PLTR, Realty Income $O and Lucid $LCID.
U Palantir I expect interesting results and an important look at the future of this company.
🍏On Tuesday ,Apple $AAPL event is taking place, which will be mostly...
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Today I'm interested in $O I'm in the plus there, but I'd still like to buy more so I wouldn't be angry about the reduction. I think there's still a little time for this sector because I think interest rates will be up for a while. Next $WBD $MPW $PLUG...all losing and I'd like to hear a good outlook. 😊
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.
Uber is a great company with a great business, but the stock is currently expensive.
I don't have Uber stock in my portfolio and the results are worse from my perspective. How do you view the company?
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.
I don't own one, but I still think companies of this type will replace the taxi services we all know sooner or later.
The stock is still undervalued in my opinion. The company has huge potential and the stock has a lot of room to grow, which is why I overbought last week.