Briefing From The Editor -- UBER Stock

Large-cap Technology company Uber Technologies has moved -0.9% so far today on a volume of 14,656,861, compared to its average of 22,154,082. In contrast, the S&P 500 index moved 1.0%.

Uber Technologies trades -22.57% away from its average analyst target price of $57.19 per share. The 41 analysts following the stock have set target prices ranging from $32.5 to $68.0, and on average have given Uber Technologies a rating of buy.

Anyone interested in buying UBER should be aware of the facts below:

  • Uber Technologies has moved 55.0% over the last year, and the S&P 500 logged a change of 10.0%

  • Based on its trailing earnings per share of -0.18, Uber Technologies has a trailing 12 month Price to Earnings (P/E) ratio of -246.0 while the S&P 500 average is 15.97

  • UBER has a forward P/E ratio of 42.6 based on its forward 12 month price to earnings (EPS) of $1.04 per share

  • The company has a price to earnings growth (PEG) ratio of 5.84 — a number near or below 1 signifying that Uber Technologies is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 10.42 compared to its sector average of 6.23

  • Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia.

  • Based in San Francisco, the company has 32,200 full time employees and a market cap of $90.49 Billion.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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