Is This 1 Thing the Biggest Risk for Uber Stock?
(NYSE: UBER) gave investors a lot to cheer about when it reported its fourth-quarter financials. Revenue increased 15% year over year to $9.9 billion, while the company generated $1.4 billion in net income during those three months. Both of these headline figures crushed Wall Street consensus analyst estimates.
In the last 12 months, shares of Uber have soared 102% (as of Feb. 12). And they recently hit a fresh all-time high.
Before you rush to buy this transportation-as-a-service stock in the hope of riding the momentum to strong returns, take the time to understand what might be Uber's biggest risk. Let's take a closer look at the ride-hailing and delivery business.
Source Fool.com
Uber Technologies Inc Stock
€64.52
0.120%
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 €.
