Beyond The Numbers: 15 Analysts Discuss Uber Technologies Stock
Portfolio Pulse from Benzinga Insights
Uber Technologies (NYSE:UBER) has been rated by 15 analysts in the last quarter, with 6 bullish and 9 somewhat bullish ratings. The average price target is $62.93, with a high of $75.00 and a low of $51.00. Notably, the average price target has increased by 4.02% in the last month. Analysts have taken actions such as maintaining and raising their ratings and price targets. Uber's market cap is above industry benchmarks, with a revenue growth of 11.37% and a net margin of 2.38%. However, its ROE of 2.45% is below industry averages, while its ROA of 0.63% and debt-to-equity ratio of 1.17 indicate strong financial health.
December 19, 2023 | 12:00 pm
News sentiment analysis
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POSITIVE IMPACT
Uber Technologies has received positive ratings from analysts, with an upward trend in price targets, indicating a bullish sentiment. The company's financials show growth and stability, which may positively influence investor confidence.
The positive analyst ratings and increased price targets suggest a bullish sentiment towards Uber Technologies. The company's strong financial indicators, such as revenue growth and net margin, support this optimism. However, the below-average ROE may be a concern for some investors. The overall positive outlook from analysts is likely to have a favorable short-term impact on UBER's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100