Can Uber Stock Reach $100 in 2024?
The stock market's impressive performance last year propelled some companies to new heights. Just look at (NYSE: UBER).
This gig-economy stock has more than doubled in the last 12 months, and it recently hit a fresh all-time high. It's clear that investor sentiment around the ride-sharing service is soaring. But could shares of this transportation-as-a-service business rise about 50% between now and the end of the year to reach $100?
In the third quarter of 2023, Uber's financial results missed Wall Street expectations. At first glance, this might seem like a disappointment, but the business is still doing well.
Source Fool.com
Uber Technologies Inc Stock
€64.93
-1.840%
The stock is one of the favorites of our community with 79 Buy predictions and 2 Sell predictions.
With a target price of 82 € there is a positive potential of 26.29% for Uber Technologies Inc compared to the current price of 64.93 €.
