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Uber Technologies, Inc. (UBER) shares information

Uber is a global ride-hailing company with over 700 cities covered, mainly in the US, UK and Europe.

Uber Technologies Inc


24h Change

0.07 %

UBER

Live rate: Market closed

Stock data per Monday 2 Aug, 2021

UBER
NEW YORK STOCK EXCHANGE, INC.
43.46
44.1
43.49
0.03 (+ 0.07%)
US Market is closed

Live Stock price in graph for Uber Technologies Inc (UBER)

  • Latest Volume

    26,579,889 (19.76 %)

  • Volume prev. day

    22,194,938

  • Avg. daily volume

    18,729,972

  • Market cap

    80,930,803,810

  • P/E ratio

    -19.68

  • Today high

    44.29 USD

  • Today low

    43.445 USD

  • 52 week high

    64.05 USD

  • 52 week low

    28.48 USD

  • YTD Change

    n/a

About Uber Technologies Inc

Uber shares went live on the stock market since beginning of May 2019. Short Selling are worries about the current valuation if the ride sharing numbers goes down significantly in 2020. However, there are still many countries where Uber are still not available and might have a great upside.- Uber didn't manage to merge with Grubhub due to an antitrust investigation. Sometimes, “big” can be a problem.

Website: https://www.uber.com
Twitter: @Uber
Instagram: @uber

Potential risks to be aware of with this company/stock

– The quarterly reports for Uber will be watched closely by analysts, since ride-sharing gone down drastically in many countries around the world and many even changed their behaviour following Covid-19. Today, many are rather driving their own car, walking, cycling or taking motorbike to get around due to the increased infection risks Uber drivers been having.

– Might be forced to treat drivers as employees instead of independent contractors, which could add extra costs to the business, while making it less flexible.

– Uber's surge pricing during busy times made many customers either stop using it, since normal taxi is cheaper in many countries, or start to get very negative towards Uber.

– Sexual harassment from Uber drivers created #deleteuber campaign and many female passengers got worried to ride with the company.

– Self-driving cars could both be an opportunity and high risk for Uber, according to the company themselves.

– Pick-ups and drop-offs at airports are getting harder and costlier, making some customers opting for other transport modes.+ Still not available in many countries with monopoly.

– Several Uber executives are selling shares in the company.

– Do UBER still own Uber Eats? Yes, they do, except in some countries such as India sold the local, Indian Uber Eats to Zomato a privately hold company. Uber Technologies Inc received a 9.9% stake in Zomato when they sold the Indian Uber Eats in January 2020.

– Uber rides cannot go in taxi lanes in most countries, which add extra time to your journey when there is traffic, compared to going with a real taxi driver.

– Many competing apps such as Gett in the UK, Israel and Russia are usually quicker (since allowed in taxi lanes).

– Lots of alternative app based ride sharing sites are cheaper, such as Didi in China and Mexico, Ola Cabs in India and Kapten in Portugal and France are way cheaper.

Potential upsides beneficial to the company/stock

+ Uber done a great job informing clients about Coronavirus.

+ Excellent brand name, easy to remember.

+ Still don't have many of the top-end restaurants on Uber eat.

+ Lots of potential for Uber bicycles in more cities.

+ Uber Chopper can also roll out in many more locations with time, including London, Stockholm and Barcelona.

+ Cashless rides are simple and convenient. You never give any cash to the drivers. Just order from the app.

+ The app might be the biggest assets of the company, apart from the memorable name.

Quick links

 

Latest news about Uber Technologies Inc

Below you can find the most recent news posts about Uber Technologies Inc, primarily from US and UK based news sources.

Today In Food: Grocery Hurtles Toward Its Digital Future

Monday, 2 August 2021, 23:51:48
Today in restaurant and grocery news, ridesharing platform Bolt gets hundreds of millions to power its eGrocery expansion as venture capital pours in for grocery delivery solutions. Plus, Swisslog talks micro-fulfillment. Bolt Raises $713M For E-Grocery As Businesses Across Industries Enter The Space Estonia-based global ridesharing platform Bolt is no longer just competing with Uber []
— PYMNTS


Uber, Lyft Riders Return As Delta Variant Surges, Drivers Steer Clear

Monday, 2 August 2021, 22:18:03
Uber and Lyft have finally started to see riders return to the on-demand transportation service, but that bounceback could be short-lived if the Delta variant of the coronavirus continues its surge and drivers continue to resist a return to sharing their vehicles with passengers who might be contagious. Uber has shifted its focus to delivering []
— PYMNTS


Cambiar Investors Llc Buys Vipshop Holdings, Penn National Gaming Inc, SAP SE, Sells Stanley …

Monday, 2 August 2021, 20:38:16
Related Stocks: SAP , EAF , USB , UBER , MA , WEX , VIPS , PENN , MRCY , IPGP , VNT , ING , AWK , KNX , AOS , V , CRL , HUBG ,
— GuruFocus


Ride-Hailing App Bolt Valued At Nearly $5B After Funding Round

Monday, 2 August 2021, 20:25:26
Uber competitor Bolt is not putting all its eggs in its ride-sharing basket. Instead, the European company is using 600 million euros (nearly $713 million) generated in a recent funding round to bolster its new grocery delivery service, Bolt Market, the company announced on Monday (Aug. 2). Bolt Market will debut in 10 European countries []
— PYMNTS


Lagos regulation of Uber, Bolt, others is a no-show one year after; heres what we know

Monday, 2 August 2021, 20:08:42
In March 2020, Technext broke the news that the Lagos government was finally ready to regulate the ride-hailing space in the state. This followed a statewide crackdown of cars suspected to be operated by driver-partners of the hailing companies, notably Uber and Bolt. Before then, precisely in February, the state government had hounded bike-hailing companies [] The post Lagos regulation of Uber, Bolt, others is a no-show one year after; heres what we know appeared first on Technext .
— TechNext Nigeria


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