Uber Technologies (NYSE:UBER) will release its earnings data after the market closes on Thursday, May 30th. Analysts expect Uber Technologies to post earnings of ($2.39) per share for the quarter.
Shares of UBER opened at $40.95 on Wednesday. Uber Technologies has a 12 month low of $36.08 and a 12 month high of $45.00.
Several brokerages have commented on UBER. Wedbush reiterated a “buy” rating and set a $65.00 target price on shares of Uber Technologies in a research note on Tuesday. Cross Research began coverage on Uber Technologies in a research note on Tuesday. They set a “hold” rating on the stock. New Street Research began coverage on Uber Technologies in a research note on Thursday, May 23rd. They set a “buy” rating and a $50.00 target price on the stock. Susquehanna Bancshares began coverage on Uber Technologies in a research note on Tuesday, May 21st. They set a “neutral” rating and a $42.00 target price on the stock. Finally, Consumer Edge began coverage on Uber Technologies in a research note on Tuesday, May 21st. They set an “equal weight” rating on the stock. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $53.00.
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Uber Technologies Company Profile
Uber Technologies, Inc develops and supports proprietary technology applications that enable independent providers of ridesharing, and meal preparation and delivery services to transact with riders and eaters worldwide. The company operates in two segments, Core Platform and Other Bets. Its driver partners provide ridesharing services through a range of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis, as well as based on the number of riders under the UberBLACK, UberX, UberPOOL, Express POOL, and Uber Bus names; and restaurant and delivery partners provide meal preparation and delivery services under the Uber Eats name.
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