Uber Stock: Buy, Sell, or Hold?
Can you believe it? Uber Technologies (NYSE: UBER) finally reported a positive operating profit based on generally accepted accounting principles. In the second quarter (ended June 30), operating income came in at $326 million, a reversal from the massive loss in the year-ago period and a surprise for Wall Street analysts.
This good news wasn't enough to push shares higher, though, as Uber's sales missed expectations. Regardless, the stock is up 86% in 2023 (as of Aug. 3), handily beating the Nasdaq Composite Index.
Should investors buy, sell, or hold this leading transportation-as-a-service stock right now on the heels of its latest financial update? Let's take a closer look.
Source Fool.com
Uber Technologies Inc Stock
€54.04
-4.490%
With 68 Buy predictions and 1 Sell predictions Uber Technologies Inc is one of the favorites of our community.
As a result the target price of 79 € shows a positive potential of 46.19% compared to the current price of 54.04 € for Uber Technologies Inc.
