Expert Outlook: Uber Technologies Through The Eyes Of 19 Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, 19 analysts have evaluated Uber Technologies (NYSE:UBER), with a mix of bullish and somewhat bullish ratings. The average 12-month price target is $86.58, slightly down from the previous $86.76. Recent analyst actions include several rating raises and maintains, with price targets ranging from $75.00 to $96.00. Uber's financial metrics show positive revenue growth but negative net margin, ROE, and ROA, though these are better than industry averages.
August 07, 2024 | 12:01 pm
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Uber Technologies (NYSE:UBER) received mixed ratings from 19 analysts over the past three months, with a majority being bullish or somewhat bullish. The average 12-month price target is $86.58, slightly down from $86.76. Recent analyst actions include several rating raises and maintains, with price targets ranging from $75.00 to $96.00.
The majority of analysts are bullish or somewhat bullish on Uber, with several raising their ratings and price targets. This positive sentiment, combined with a high average price target, suggests a likely short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100