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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

0.46 %

UBER

Live rate: Market closed

Stock data per Monday 25 Oct, 2021

UBER
NEW YORK STOCK EXCHANGE INC.
45.51
45.6
45.72
0.21 (+ 0.46%)
US Market is closed

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

  • Latest Volume

    12,914,205 (-32.95 %)

  • Volume prev. day

    19,259,203

  • Avg. daily volume

    19,236,593

  • Market cap

    85,080,624,286

  • P/E ratio

    -82.42

  • Today high

    46.07 USD

  • Today low

    45.017 USD

  • 52 week high

    64.05 USD

  • 52 week low

    32.9 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.

Zazove Associates Llc Buys Akamai Technologies Inc, Liberty Media Acquisition Corp, Pioneer …

Monday, 25 October 2021, 20:38:09
Related Stocks: RVNC , FLXN , RVNC , FLXN , AKAM , LMACA , PXD , IDCC , CNX , ILMN , SKLZ , EVV , CURO , UBER , RUN , EVF ,
— GuruFocus


Innovation – Seeking nominations for the rising stars of brand marketing in 2021

Monday, 25 October 2021, 19:21:05
Insider”s 2020 rising stars of brand marketing Hulu; Uber; Frito-Lay; P&G; Yuqing Liu/Business Insider Insider is seeking nominations for our list of rising stars of brand
— Business Mag


Heathrow ”flying taxis” could shuttle passengers to Plymouth for price of an Uber in four years

Sunday, 24 October 2021, 13:15:05
All for the price of an Uber
— Plymouth Live


M&T Bank Corp Raises Stock Holdings in Uber Technologies, Inc. (NYSE:UBER)

Sunday, 24 October 2021, 13:06:42
M&T Bank Corp boosted its holdings in shares of Uber Technologies, Inc. (NYSE:UBER) by 6.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,761 shares of the ride-sharing companys stock after purchasing an additional 3,343 shares during the quarter. M&T Bank Corps holdings []
— Dakota Financial News


Uber will be stronger than it ever has been coming out of the pandemic

Sunday, 24 October 2021, 12:38:12
Global CEO of Uber, Dara Khosrowshahi, says coming out of the pandemic, Uber will “be stronger” than it ever has been both in terms of mobility and delivery. “It”s been a very tough time for us, and I think for the world,” Mr Khosrowshahi told Sky News Australia. “We immediately turned to making sure that drivers who were out there were driving safely – if they felt ill in any way, shape, or form, we”d take care of their pay until they could get better. “We then turned to really helping frontline workers, healthcare workers, have access to transportation.”
— The Australian Mercury


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