Key Highlights:
- Uber One’s membership surged by 60% in Q4 2024, reflecting robust user engagement strategies.
- Analysts set an average price target of $89.01, suggesting a moderate upside potential.
- GF Value estimates a potential downside, contrasting with analyst optimism.
Uber Technologies (UBER, Financial) has achieved remarkable growth in its subscription service, Uber One, adding 5 million new members in the fourth quarter of 2024. This brings the total membership to a robust 30 million, marking a significant 60% year-over-year increase. Uber’s strategic focus on enhancing user engagement is evident, reinforcing its reputation as a top stock to hold for the long term.
Wall Street Analysts Forecast
In evaluating Uber’s future prospects, 41 Wall Street analysts have offered one-year price targets. The average target price stands at $89.01, with estimates ranging from a high of $115.00 to a low of $68.00. This average target price suggests a potential upside of 5.61% from the current trading price of $84.28. For a more comprehensive analysis, visit the Uber Technologies Inc (UBER, Financial) Forecast page.
The consensus recommendation from 53 brokerage firms categorizes Uber Technologies Inc’s (UBER, Financial) stock as “Outperform,” with an average rating of 1.9 on a scale where 1 indicates a Strong Buy and 5 points to a Sell.
However, according to GuruFocus estimates, the estimated GF Value for Uber Technologies Inc (UBER, Financial) over the next year is $73.16. This estimate suggests a potential downside risk of 13.19% from the current share price of $84.28. GF Value represents GuruFocus’ assessment of a stock’s fair trading value, calculated by analyzing the company’s historical trading multiples, past business growth, and projected future performance. For further detailed insights, explore the Uber Technologies Inc (UBER) Summary page.
