Is This 1 Thing the Biggest Risk for Uber Stock?
(NYSE: UBER) gave investors a lot to cheer about when it reported its fourth-quarter financials. Revenue increased 15% year over year to $9.9 billion, while the company generated $1.4 billion in net income during those three months. Both of these headline figures crushed Wall Street consensus analyst estimates.
In the last 12 months, shares of Uber have soared 102% (as of Feb. 12). And they recently hit a fresh all-time high.
Before you rush to buy this transportation-as-a-service stock in the hope of riding the momentum to strong returns, take the time to understand what might be Uber's biggest risk. Let's take a closer look at the ride-hailing and delivery business.
Source Fool.com
Uber Technologies Inc Stock
€59.30
0.660%
With 70 Buy predictions and 1 Sell predictions Uber Technologies Inc is one of the favorites of our community.
As a result the target price of 78 € shows a positive potential of 31.53% compared to the current price of 59.3 € for Uber Technologies Inc.
