7/102 sources · 2 publishersUpdated Oct 16, 15:44 UTC
Guggenheim reiterates Buy rating on Uber with $125 price target
Guggenheim analyst Taylor Manley reaffirmed a Buy rating on Uber Technologies, setting a $125 price target. He highlighted roughly 20% revenue growth and 40% profit expansion, noting the company's undervaluation. The note also referenced Uber's recent all‑cash acquisition of ezCater for $2.3 billion. Other analysts echoed the bullish view, maintaining similar price targets.
Why it matters
Guggenheim expects the rating and target to signal upside potential for investors given Uber's growth and valuation discount (the firm’s note says). The $125 target implies a sizable upside from the current share price.
Key facts
- 1Uber’s revenue grew about 20% year‑over‑year. investing.com
- 2Uber’s profit expanded about 40% year‑over‑year. investing.com
- 3Guggenheim set a $125 price target for Uber. investing.com
- 4Uber agreed to acquire ezCater in an all‑cash transaction valued at $2.3 billion. investing.com
- 5GuruFocus’ GF Value™ for Uber is $100.47, implying a 29.2% margin of safety. gurufocus.com
- 6Insiders bought $16.9 million of Uber shares over the past 12 months. gurufocus.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.