Uber Technologies may be overvalued with mixed growth prospects, but the 41 analysts following the company give it an average rating of buy. The analysts have set target prices ranging from $27.0 to $75.0 per share, for an average of $47.55. At today's price of $32.36, Uber Technologies is trading -31.95% away from its average target price, suggesting there is an analyst consensus of strong upside potential.
Uber Technologies, Inc., commonly known as Uber, is an American technology company. The large-cap Technology company is based in San Francisco, CA.
Uber Technologies does not have a meaningful trailing P/E ratio since its earnings per share are currently in the red. Based on its EPS guidance of 0.66, the company has a forward P/E ratio of 49.03. In comparison, the average P/E ratio for the Technology sector is 27.16. Furthermore, Uber Technologies is likely overvalued compared to its book value, since its P/B ratio of 8.77 is higher than the sector average of 6.23.
If analysts are giving the the company a decent rating despite its hefty price point, it could be related to its pattern of increasing cash flows and growing top line revenue. They might also believe that Uber Technologies's positive margin growth trend will continue.
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Revenue (MM) | $13,000 | $11,139 | $17,455 | $31,877 |
| Revenue Growth | n/a | -14.32% | 56.7% | 82.62% |
| Gross Margins | -8.86% | -12.42% | 1.3% | 10.69% |
| Gross Margins Growth | n/a | -40.18% | 110.47% | 722.31% |
| Operating Margins | -66.12% | -43.66% | -21.97% | -5.75% |
| Operating Margins Growth | n/a | 33.97% | 49.68% | 73.83% |
| Earnings Per Share | -$5.0 | -$3.66 | -$0.25 | -$4.57 |
| EPS Growth | n/a | 26.8% | 93.17% | -1728.0% |
| Diluted Shares (MM) | 1,700 | 1,850 | 1,949 | 2,000 |
| Free Cash Flow (MM) | -$4,909 | -$3,361 | -$743 | $390 |
| FCF Growth | n/a | 31.53% | 77.89% | 152.49% |
| Capital Expenditures (MM) | $588 | $616 | $298 | $252 |
| LT Debt to Equity | 0.41 | 0.65 | 0.65 | 1.28 |
