Uber To Rally Around 38%? Here Are 10 Top Analyst Forecasts For Wednesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Uber Says Court Loss Doesn't Change California Gig Worker Law
Uber said Monday (June 10) that a U.S. appeals court decision rejecting the company's challenge to a California law that could force it to treat drivers as employees rather than independent contrac...
Albertsons and Uber Expand Program Delivering Surplus Food to Nonprofits
Albertsons Companies and Uber Technologies have expanded a program in which they donate and deliver surplus food to local nonprofit organizations and food banks. After being piloted in Washington, ...
Uber: (Growth) Driver Is Late But On The Way Nonetheless, Maintain Buy
Uber's 1Q24 earnings report showed a decline in mobility gross bookings but better growth in delivery gross bookings. I think Uber's diversified revenue streams (mobility and delivery) will alterna...
4 Key Takeaways From Costco's Earnings Call
After Costco Wholesale (COST) reported fiscal third-quarter earnings that beat analysts' estimates, executives joined the company's earnings call Thursday to discuss its membership pricing, digital...
Uber to offer Seine cruises, day trips in Paris during Olympics rush
Uber Technologies unveiled a raft of measures on Wednesday, including a tie-up to offer cruises on the Seine river as it looks to meet explosive demand stemming from the upcoming Olympics in Paris.
Bill Ackman slams Uber for ‘ripping off NYC cab driver' who said company doesn't let him keep tips
Billionaire hedge fund manager Bill Ackman said he confronted the CEO of Uber after his cab driver accused the ride-sharing app of not allowing him to keep tips.
Uber, Lyft won't leave Minnesota after all — and its drivers are getting a raise
ST. PAUL, Minn. — Ride-hailing companies Uber and Lyft said Monday they will keep operating in Minnesota now that state lawmakers have passed a measure that will increase driver pay, but at a lower...
Minnesota lawmakers reach deal to raise pay rate for Uber, Lyft drivers
Minnesota lawmakers reached an agreement Sunday on a bill that is designed to raise the pay rate for Uber and Lyft drivers working in the state.
Plan to boost pay for Uber and Lyft drivers in Minnesota advances in state Legislature
ST. PAUL, Minn. — A plan to boost pay for Uber UBER, -0.58% and Lyft LYFT, -1.95% drivers in Minnesota that lawmakers believe would prevent the companies from leaving the market advanced in the sta...
Will Uber Become a Trillion-Dollar Stock by 2035?
Uber continues to report strong growth in terms of users and gross bookings. Investors shouldn't expect the rapid gains to continue forever, especially as Uber's expansion runway naturally shrinks ...
Down Almost 20%, Should You Buy This Growth Stock With $100 Right Now?
Uber's user base, as well as gross bookings, continue rising at a double-digit pace. This company has now posted four straight quarters of positive operating income.
Uber buses, ride-sharing and grocery offers key for growth - analysts
Uber Technologies Inc (NYSE:UBER, ETR:UT8)'s bus service, ride share offerings and expanded grocery delivery partnership with Costco are set to fuel booking growth, analysts say. Bank of America ma...
Can Uber Rocket to $90 per Share? 1 Wall Street Analyst Thinks So.
Uber Technologies recently announced an impending acquisition of Delivery Hero's Foodpanda delivery service in Taiwan. Now that Uber is strongly profitable, it can acquire smaller rivals while retu...
Summer 2024: Uber launches shuttle service for airports, concerts, games
Uber is rolling out several features this summer. One of them is a shuttle service that will help the ride share giant capitalize on the summer travel demand.
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