Uber stock is 27.24 per share now. Under or over valued?
As the title says, do you think it is over valued or under valued? Comment your target price of it?
The company still has a valuation of over 46 billion, whereas Lyft is around 12 billion. Both are likely overvalued.
It is overvalued no matter the price, until they have a clear idea how to get to profitability, driverless car or something. ( I know Amazon was the same but the path to profitability for them was there)
They've just been caught using Waymo tech. Add another 5 years to build this out
Morningstar seems to thinks Uber is valued at 58$ a share. What makes you guys think it’s undervalued? With all the recent cost cutting, uber’s EPS finally went above expectations
We’re wrong
Always overvalued until profit
Depends on the type of investment. For long term it’s way down under..
I don’t get that negativity here. Yeah sure there’s a lot of risk and a huge question mark for the future of Uber and lyft. But 10years down the line when self driving cars are a daily thing, Uber will be the next Amazon. Because by then they would control transport worldwide. With air traffic and sea. Controlling the sea traffic means they easily control most of world logistics and cargo. Uber is a big bet, yeah. But if they win, they can go huge.
Too big to fail, start buying slowly if you believe
If stock keeps dropping they'll be small enough to fail
Lol