Uber Technologies Stock Target Price and Analyst Consensus

UBER Stock  USD 73.40  1.88  2.50%   
The prevalent analyst and expert consensus on Uber Technologies is Strong Buy with 31 strong buy estimates. The prevailing projected target price is 53.99 with 51 professional opinions. Some of the most common ways Uber Technologies analysts use to provide public buy-or-sell recommendation are financial statements evaluation and conference calls analysis. They also talk to Uber Technologies executives, vendors, and customers. Uber Technologies buy-or-sell recommendation and consensus module provides average expert sentiment on the projected Uber Technologies target price to derive its highest and lowest estimates based on target price volatility of 0.0. Check out Macroaxis Advice on Uber Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Uber Stock, please use our How to Invest in Uber Technologies guide.
Lowest Forecast
49.13
Highest Forecast
59.93
Target Price
53.99
At this time, Uber Technologies' Pretax Profit Margin is relatively stable compared to the past year. As of 04/16/2024, Operating Profit Margin is likely to grow to 0.03, while Gross Profit is likely to drop slightly above 6.9 B. At this time, Uber Technologies' Non Currrent Assets Other are relatively stable compared to the past year. As of 04/16/2024, Inventory is likely to grow to about 723.2 M, while Other Current Liabilities is likely to drop slightly above 4.5 B.
  
It's important to approach Uber Technologies' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Uber Technologies price targets

Uber Technologies' stock target price is an estimate of its future price, usually made by analysts. Using Uber Technologies' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Uber Technologies' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Uber Technologies' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Uber Technologies Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Uber Technologies is a key component of Uber Technologies valuation and have some predictive power on the future returns of a Uber Technologies.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Uber Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
70.8873.4075.92
Details
Intrinsic
Valuation
LowRealHigh
66.0678.1080.62
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.040.240.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Uber Technologies. Your research has to be compared to or analyzed against Uber Technologies' peers to derive any actionable benefits. When done correctly, Uber Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Uber Technologies.

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When determining whether Uber Technologies is a strong investment it is important to analyze Uber Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Uber Technologies' future performance. For an informed investment choice regarding Uber Stock, refer to the following important reports:
Check out Macroaxis Advice on Uber Technologies to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Uber Stock, please use our How to Invest in Uber Technologies guide.
Note that the Uber Technologies information on this page should be used as a complementary analysis to other Uber Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Uber Stock analysis

When running Uber Technologies' price analysis, check to measure Uber Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Uber Technologies is operating at the current time. Most of Uber Technologies' value examination focuses on studying past and present price action to predict the probability of Uber Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uber Technologies' price. Additionally, you may evaluate how the addition of Uber Technologies to your portfolios can decrease your overall portfolio volatility.
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The data published in Uber Technologies' official financial statements usually reflect Uber Technologies' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Uber Technologies. For example, before you start analyzing numbers published by Uber accountants, it's critical to develop an understanding of what Uber Technologies' liquidity, profitability, and earnings quality are in the context of the Ground Transportation space in which it operates.
Please note, the presentation of Uber Technologies' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Uber Technologies' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Uber Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Uber Technologies. Please utilize our Beneish M Score to check the likelihood of Uber Technologies' management manipulating its earnings.