3 Things About Uber Technologies That Smart Investors Know
Uber Technologies (NYSE: UBER) went public nearly four years ago, but it still trades about 30% below its IPO price of $45. The bears outnumbered the bulls as the pandemic throttled its growth, inflation tempered its post-pandemic recovery, currency headwinds gobbled up its overseas revenue, and it faced persistent threats of tighter regulations.
Yet, those challenges also masked a lot of its progress over the years. So today I'll focus on three positive aspects of Uber's business that smart investors shouldn't overlook.
Image source: Uber.
Source Fool.com
Uber Technologies Inc Stock
€58.70
-0.810%
The stock is an absolute favorite of our community with 70 Buy predictions and no Sell predictions.
With a target price of 78 € there is a positive potential of 32.88% for Uber Technologies Inc compared to the current price of 58.7 €.
