Uber’s stock falls in the face of its ‘strongest quarter ever.’ Here’s why.
The ride-hailing company faces stiff pressure from the strong U.S. dollar, which is weighing on its forecast for the current quarter.
Why Uber Stock Is Falling After Earnings
Uber stock is lower Wednesday as the ride-hailing firm's soft first-quarter outlook offsets its strong fourth-quarter results. Here's what you need to know.
Uber shares drop 8% on mixed fourth-quarter results
Shares of Uber Technologies Inc. dropped 8% in trading today after the company reported better-than-anticipated revenue for the fourth quarter but missed earnings expectations.
Uber Shares Fall on Weak First-Quarter Gross Bookings Guidance
Uber Technologies Inc. issued a first-quarter bookings outlook that disappointed analysts, cautioning that currency headwinds and severe winter weather would have an impact on trips and deliveries in the current period.
Uber fourth-quarter profit misses estimates as costs surge
(Reuters) -Uber Technologies on Wednesday reported a lower-than-expected profit in the October-December period on rising costs, and forecast first-quarter bookings short of estimates due to a strong dollar,
Uber sees Q1 gross bookings $42B-$43.5B
Gross Bookings of growth of 17% to 21% YoY on a constant currency basis. This translates to reported Gross Bookings
Uber Stock Is Falling After Earnings. Guidance Disappointed.
Ride-hailing firm Uber reported strong fourth-quarter revenue, but the outlook for bookings and Ebitda both came in light.
Uber CEO says the company is ‘well-positioned’ on autonomous vehicles—but gains are still a long way off
Uber reported strong quarterly results and highlighted its autonomous vehicle plans in a Wednesday earnings call. However, ...
Uber Technologies (UBER): New Buy Recommendation for This Technology Giant
In a report released today, Thomas Champion from Piper Sandler reiterated a Buy rating on Uber Technologies (UBER – Research Report), with a ...
Uber beats fourth-quarter revenue expectations but offers soft guidance
Uber’s mobility segment reported $6.91 billion in revenue, up 25% from a year earlier. StreetAccount analysts were expecting ...
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Uber Stock Gets Slew Of Price Target Cuts From Analysts Post Q4 Earnings: Retail Shrugs It Off
Uber Technologies Inc (UBER) stock received a slew of price target cuts on Thursday after the company reported its ...
Is Waymo Friend or Foe to Uber?
The fast expansion of Waymo’s driverless car service is growing competition for Uber. The companies are also partners.
Uber opens waitlist for Waymo robotaxi rides in Austin. Here's how to sign up
The long-awaited partnership between Uber and Waymo has hit the road in Austin as the brands announced riders are now able to ...
Waymo just popped up on the Uber app in Austin ahead of robotaxi launch
Uber customers in Austin may notice a new offer when they open the app and hail a ride: an invitation to signal their ...
Uber to Austin: get ready for Waymo
Uber is inviting customers to join an interest list if they want to ride in a Waymo robotaxi.
New Buy Rating for Uber Technologies (UBER), the Technology Giant
RBC Capital analyst Brad Erickson maintained a Buy rating on Uber Technologies (UBER – Research Report) yesterday and set a price target of ...