Better Ride-Hailing Stock: Uber or Lyft?
Ride-hailing, which involves booking transportation services via a smartphone app, is a two-horse race in the United States. Aside from legacy taxis, Technologies (NYSE: UBER) and Lyft (NASDAQ: LYFT) are the dominant players. Uber is the market-share leader and an industry Goliath, while Lyft is a smaller competitor that might promise more upside as the underdog.
Which stock is the better investment today? It's a head-to-head you don't want to miss.
Uber and Lyft are essentially the entire ride-hailing industry in America. Uber is the more popular service, and its name is somewhat synonymous with ride-hailing. In other words, you don't hail a ride; you call an Uber. Today, Uber holds roughly 75% of the U.S. market and has largely been able to defend that market share over the past seven years.
Source Fool.com
Uber Technologies Inc Stock
The stock is an absolute favorite of our community with 56 Buy predictions and no Sell predictions.
With a target price of 78 € there is a positive potential of 20.89% for Uber Technologies Inc compared to the current price of 64.52 €.
