Uber Technologies, Inc.$37.01(1.96%)

Make a range with 80 % certainty

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dmoney Well-calibrated. Correct 80 % of the time. 4199.01 (edited)
$5 $25 forecast for 2021-11-30

Uber is losing about 20-30 cent on every dollar of revenue (cash flow). Analysts estimate that they should break even in about 2025, which I'm really not convinced they will. Their current cash reserve will hold them afloat for about 3 years. Their current market value is about 50 billion $, but with a 13 billion revenue and 3.5 billion negative cash flow.

For this valuation to be anything but dreams and hopes they will have to grow their revenues by several hundred percent and at the same time increase their profit margins from -30% to +10%. Which I don't belive they will manage. Mostly because the ride hailing market has proven to not have the scale advantages one maybe believed before, with new competitors entering and often able to deliver a service better adapted to local circumstances. I belive people will start to recognise all this within a couple of years. Bear

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dmoney Well-calibrated. Correct 80 % of the time. 4199.01
$33 $37 forecast for 2020-01-31

I believe the Uber stock has reach the heights for now after a strong 20% increase for January and we should see a retraction over the next month

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insighter 0
$20 $27 forecast for 2020-06-30

I'm a bit surprised to see that Uber is up 30 % in the last 2 months, even though the sentiment for tech stocks have been very positive in general lately. After Travis sold all his stocks and no immediate road to revenue and also a lot of regulatory risk. The next time the market gets a blow I expect the Uber stock to crash back to reality.

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