Ben from Germany

Registered at the short selling broker Pepperstone, 5 minutes ago.

» Try Pepperstone you too
78.6% of retail investor accounts lose money when trading spread bets and CFDs with Pepperstone.
Don't show again

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

-0.06 %

UBER

Live rate:

Stock data per Monday 8 Aug, 2022

UBER
NEW YORK STOCK EXCHANGE INC.
32.01
32.33
31.99
-0.02 (-0.06%)
US Market is open

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

Data updated continously for UBER, showing up to the 500 most recent 100 data points

  • Latest Volume

    18,158,935 (-54.56 %)

  • Volume prev. day

    39,963,623

  • Avg. daily volume

    33,052,418

  • Market cap

    59,530,384,316

  • P/E ratio

    -6.12

  • Today high

    32.955 USD

  • Today low

    31.66 USD

  • 52 week high

    48.88 USD

  • 52 week low

    19.9 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.

SoftBank”s Masa Son Reports Record Loss In “Depressing” Press Conference, Admits “Shame” At Being “Elated” By Bubbles

Monday, 8 August 2022, 17:11:08
SoftBank”s Masa Son Reports Record Loss In “Depressing” Press Conference, Admits “Shame” At Being “Elated” By Bubbles Back in 2019, around the time it was creating laughable charts such as this one… …. and this… … we asked if Japan”s SoftBank was the Bubble era”s ” short of the century ” (and if, by extension, Masa Son was this generation”s biggest financial charlatan). Well, three years later, and one remarkable “bubble -bust” cycle later which has seen the stock go nowhere in three years despite having 16 buy ratings, 3 holds and 0 sells … … that question is as pressing as ever, after this morning SoftBank posted a record loss for the second straight quarter as market turmoil further spread across its portfolio of technology stocks . In an unusually downbeat press conference, which even the world”s most overhyped investor, Masayoshi Son, described as “depressing”, the SoftBank CEO admitted that his famously aggressive global investment strategy should have been more selective, and said he was “ashamed of myself for being so elated by big profits in the past” – which of course is a euphemism for ”bubbles”, since none of SoftBank”s stocks are actually, you know, profitable – and said he will will undertake “significant cost reductions” at the Vision Fund including layoffs.
— Zero Hedge


Uber shares rise as SoftBank sells off entire stake in ride-sharing leader

Monday, 8 August 2022, 16:15:33
SoftBank is no longer going to be riding along with Uber.
— Seeking Alpha


Uber, The Body Shop announce nationwide expansion of on-demand delivery tie-up

Monday, 8 August 2022, 15:16:05
Uber Technologies (UBER) has expanded its on-demand delivery partnership with cosmetics firm The Body Shop.Starting August 10, 2022, 75 of The Body Shop stores will be available for…
— Seeking Alpha


Japanese giant SoftBank dumps its entire stake in Uber as losses mount at its investment unit

Monday, 8 August 2022, 15:14:29
SoftBank said it sold its remaining stake Uber as the Japanese conglomerate looks to raise cash amid mounting losses at its investment unit.
— CNBC


Uber and The Body Shop Expand On-Demand Delivery Partnership Nationwide

Monday, 8 August 2022, 15:00:00
75 stores will be available for same day delivery through Uber Eats SAN FRANCISCO, Aug. 8, 2022 /PRNewswire/ — Today, Uber Technologies, Inc. (NYSE: UBER) and The Body Shop announced the expansion of their partnership to include almost all of the beauty company”s retail stores across the…
— PR Newswire


Trading broker recommendation

We recommend that you check out Capital.com as they have a very good selection of stocks available for both going short and long.

Rating: 9.57/10
Minimum deposit: €250 by bank
Description: Capital.com offer a large number of stocks for trading. Register an account today and check if they have UBER available or trade one of the many other CFD stocks they have.
Risk warning: 67.7% of retail investor accounts lose money when trading CFDs with Capital.