Pinkspider
02-05

$UBER reported strong earnings results today and I believe the company will benefit from introduction of autonomous driving from companies like $TSLA:

✅Revenue: $11.96B vs. $11.77B expected

✅EPS: $3.21 vs. $0.48 expected

✅Gross bookings: $44.2B vs. 43.5B expected

✅The largest ride-hailing platform globally, with strong brand recognition and a massive driver/passenger network that creates a powerful competitive moat.

✅Achieved profitability and is generating strong free cash flow, shifting away from years of losses by cutting costs and improving operational efficiency.

✅Uber Eats, Freight, and advertising provide multiple growth drivers, reducing reliance on ride-hailing and benefiting from expanding delivery & logistics demand.

❌Governments worldwide are tightening labor laws, pushing for driver reclassification as employees, which could significantly increase costs.

❌Intense competition from Lyft, Bolt, and local ride-hailing firms forces Uber to balance pricing & profitability, making it vulnerable to market share erosion.

UPST Jumps Another 20%! How Do You Expect RDDT?
This week, several growth stocks are set to release their earnings. Upstart soars over 20% post earnings with beats across the board. Reddit is set to release earnings post hours on Wednesday. ------------ After Upstart's beat and rise, Can Reddit follow the trend? Which growth stock earnings would you bet on this season?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment