OUTLOOK FOR UBER Financial services firm Wells Fargo named UBER $UBER…

· 3 Ιαν

OUTLOOK FOR UBER

Financial services firm Wells Fargo named UBER $UBER stock one of its top picks for 2024.

Despite high marketing costs, it believes that revenue and EBITDA will be able to offset these costs. In addition, Wells Fargo believes that UBER has enough capital to buy 20% of its market capitalization over the next 3 years.

The company expects $UBER to disclose its buyback plan in the first half of 2024.

Do you like $UBER 's business and would you consider buying on such a plan?

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Bill Combs @billcombs 4 Ιαν

Uber is a great company with a great business, but the stock is currently expensive.

Alfred Gray @alfredgray 4 Ιαν

I would also wait for a lower price to enter.

Bill Combs @billcombs 4 Ιαν

Uber is a great company with a great business, but the stock is currently expensive.

Alfred Gray @alfredgray 4 Ιαν

I would also wait for a lower price to enter

Daniela Duong @danieladuong 3 Ιαν

Uber is a compelling concept but the stock hasn't scared me so far but maybe it's time to change that view:

Alfred Gray @alfredgray 4 Ιαν

Agreed! the circumstances are conducive to investment.

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