Uber Stock Dips 9% After Q1 Earnings, JPMorgan Analyst Says

May 8, 2024 · Zinger Key Points Uber exceeds revenue and EBITDA forecasts for Q1, marking 11th consecutive quarter of outperformance, says JPMorgan analyst. Despite strong …

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Uber Stock Dips 9% After Q1 Earnings, JPMorgan Analyst Says

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May 8, 2024 · Zinger Key Points Uber exceeds revenue and EBITDA forecasts for Q1, marking 11th consecutive quarter of outperformance, says JPMorgan analyst. Despite strong …

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Uber Stock Dips 9% After Q1 Earnings, JPMorgan Analyst Says …

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May 8, 2024 · JPMorgan analyst Doug Anmuth reiterated an Overweight rating on Uber Technologies, Inc. (NYSE:UBER) after the company reported fiscal first-quarter 2024 revenue …

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UBER - Uber Stock Dips 9% After Q1 Earnings JPMorgan...

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JPMorgan analyst Doug Anmuth reiterated an Overweight rating on Uber Technologies, Inc. (NYSE: UBER) after the company reported fiscal first-quarter 2024 revenue growth of 15% …

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Uber Stock Dips 9% After Q1 Earnings, JPMorgan Analyst Says …

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The analyst highlighted that Uber reached a milestone on the supply side. Over one million merchants are now on the platform. However, the company's shares slumped following the …

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Uber Earnings Selloff A Buying Opportunity, Says JPMorgan

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Nov 1, 2024 · JPMorgan analyst Doug Anmuth recommends buying shares of Uber (UBER) on the post-earnings selloff. The 9% pullback Thursday was driven by Q3 mobility gross booking …

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Uber Stock Dips 9% After Q1 Earnings, JPMorgan Analyst

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May 8, 2024 · JPMorgan analyst Doug Anmuth reiterated an Overweight rating on Uber Technologies, Inc. NYSE:UBER after the company reported fiscal first-quarter 2024 revenue …

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Uber Stock Is Falling After Earnings. Guidance Disappointed.

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2 days ago · Uber (UBER) delivered earnings and revenue surprises of 542% and 1.69%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies …

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Uber Stock Is Falling After Earnings. Guidance Disappointed.

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Uber forecasts first-quarter adjusted earnings before interest, taxes, depreciation, and amortization of $1.79 billion to $1.89 billion, representing 30% to 37% growth.

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Uber: One Of The Most Misunderstood Names In US Markets Today

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6 hours ago · Since the article was published in November 2024, UBER’s stock has tumbled 9.65%, including a more than 7% drop post its Q4 earnings release, significantly …

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JPMorgan Adjusts Uber Technologies Price Target To $90 From …

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1 day ago · Uber Technologies has an average rating of Buy and mean price target of $89.05, according to analysts polled by FactSet. ...

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FAQs about Uber Stock Dips 9% After Q1 Earnings, JPMorgan Analyst Says Coupon?

Why did Uber Technologies stock drop in premarket trading Wednesday?

Uber Technologies shares dropped in premarket trading Wednesday after the ridesharing giant's current-quarter gross bookings outlook came in mostly below analysts' estimates. Uber (UBER) delivered earnings and revenue surprises of 542% and 1.69%, respectively, for the quarter ended December 2024. ...

Why did Uber stock tank 7% after earnings report?

One of the main reasons for why UBER shares tanked more than 7% post the earnings report was the relatively “soft” guidance that the company delivered, especially with respect to gross bookings growth. More specifically, the midpoint of the gross bookings' guidance, which is $42.8 billion, came in below the consensus forecast of $43.5 billion. ...

Why was Uber stock down 7% in Q4?

The Q4 results were fine but the forward guidance fell short of what investors were hoping for. That's why Uber stock was down 7% as of 10:20 a.m. ET. To truly have a handle on Uber's business, investors need to understand its gross bookings. Gross bookings refers to the total dollar value of transactions on its platform, excluding driver tips. ...

How much will Uber make a quarter?

For the current quarter, Uber projects gross bookings to fall between $38.75 billion to $40.25 billion, which would represent growth of 18% to 23% year-over-year on a constant-currency basis. Analysts are looking for $40.12 billion in gross bookings, according to Visible Alpha consensus. ...

How did Uber (Uber) perform in the quarter ended December 2024?

Uber (UBER) delivered earnings and revenue surprises of 542% and 1.69%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock? ...

What happened to Uber shares after the report was released?

Uber shares fell as much as 9% in the minutes after the report's release, and recovered slightly to be down about 6% to $66.30 about 90 minutes before the opening bell. Correction—May 8, 2024: This article has been updated to correct that Uber did not swing to a loss. ...