What Analysts Are Saying About Uber Technologies Stock
Portfolio Pulse from Benzinga Insights
Analysts have provided diverse evaluations of Uber Technologies (NYSE:UBER) over the past three months, with a majority being bullish. The average 12-month price target has increased to $90.59, indicating positive sentiment. Uber's financial metrics, such as revenue growth and net margin, are strong, though its growth rate lags behind industry peers.
October 31, 2024 | 2:00 pm
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Uber Technologies has received predominantly bullish analyst ratings, with an average price target of $90.59, up from $88.04. The company's financial metrics are strong, but its growth rate is below industry averages.
The majority of analysts have a bullish outlook on Uber, with several raising their price targets. The increase in the average price target suggests positive sentiment. Uber's strong financial metrics, such as net margin and ROE, support this outlook, although its growth rate is below industry averages, which could temper expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100