UBER: Week of October 28th, 2024Just sharing my thoughts on UBER. It popped up on my screener and I am actually planning to try this trade out!
Not advice, just opinions.
Safe trades everyone and enjoy the rest of your weekend!
Key facts today
Next report date
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Report period
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EPS estimate
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Revenue estimate
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41.51MXN
32.05 BMXN
633.22 BMXN
2.02 B
About Uber Technologies, Inc.
Sector
Industry
CEO
Dara Khosrowshahi
Website
Headquarters
San Francisco
Founded
2009
FIGI
BBG00PXGMF40
Uber Technologies, Inc. is a technology platform, which engages in the development and operation of technology applications, networks, and product to power movement from point A to point B. The firm offers ride services and merchants delivery service providers for meal preparation, grocery, and other delivery services. It operates through the following segments: Mobility, Delivery, Freight, and All Other. The Mobility segment refers to products that connect consumers with Mobility Drivers who provide rides in a variety of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis. The Delivery segment offers consumers to search for and discover local restaurants, order a meal, and either pick-up at the restaurant or have the meal delivered. The Freight segment focuses on connecting Carriers with Shippers on its platform, and gives Carriers upfront, transparent pricing, and the ability to book a shipment. The company was founded by Oscar Salazar Gaitan, Travis Kalanick, and Garrett Camp in 2009 and is headquartered in San Francisco, CA.
$UBER Trade ideaUBER big Sell-off after earnings made huge GAP above. Now consolidating and forming nice wedge with Higher lows and lower highs. Could play either side.
CAUTION: careful trading this week with Elections and tons of data coming out, interest rates and FOMC meeting.
Uber needs to put on the brakes before it crashesKey support level to watch is $70.97 this week. If it fails there are 2 levels to watch:
-$62.63
-$49.53
UBER earnings playUBER trading at a major trend line here for earnings which makes for a big move. Its looking like a clear miss and I think we head down to $70
UBER Technologies Options Ahead of EarningsIf you haven`t bought UBER before this major breakout:
Now analyzing the options chain and the chart patterns of UBER Technologies prior to the earnings report this week,
I would consider purchasing the 76usd strike price Puts with
an expiration date of 2024-11-15,
for a premium of approximately $
75 clear sign if on the trendline no changeIt's had a good run, and the indicators are turning. It might be a nice time for a minor correction to mid-70 before continuation.
UBER Breakaway or Pullback? Trend Analysis
Bullish Momentum: Strong upward momentum with a recent gap up indicates bullish sentiment.
Breakout: Price has broken through previous resistance levels, suggesting continuation.
Price Action Analysis
Gap Up: Significant gap up on high volume signals strong buying pressure.
Long term Buy on UBER cmp $86.34Uber has given a clear breakout on the monthly charts above $82.14. Considering this move i have a target of $140 in coming months.
CMP : $82.14
Expected: $140-155
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Frequently Asked Questions
The current price of UBER is 1,480.00 MXN — it has decreased by −1.80% in the past 24 hours. Watch UBER TECHNOLOGIES, INC stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BIVA exchange UBER TECHNOLOGIES, INC stocks are traded under the ticker UBER.
UBER stock has fallen by −5.23% compared to the previous week, the month change is a 3.25% rise, over the last year UBER TECHNOLOGIES, INC has showed a 88.32% increase.
We've gathered analysts' opinions on UBER TECHNOLOGIES, INC future price: according to them, UBER price has a max estimate of 2,436.05 MXN and a min estimate of 1,339.83 MXN. Watch UBER chart and read a more detailed UBER TECHNOLOGIES, INC stock forecast: see what analysts think of UBER TECHNOLOGIES, INC and suggest that you do with its stocks.
UBER stock is 2.19% volatile and has beta coefficient of 1.63. Track UBER TECHNOLOGIES, INC stock price on the chart and check out the list of the most volatile stocks — is UBER TECHNOLOGIES, INC there?
Today UBER TECHNOLOGIES, INC has the market capitalization of 3.10 T, it has increased by 3.20% over the last week.
Yes, you can track UBER TECHNOLOGIES, INC financials in yearly and quarterly reports right on TradingView.
UBER TECHNOLOGIES, INC is going to release the next earnings report on Feb 5, 2025. Keep track of upcoming events with our Earnings Calendar.
UBER earnings for the last quarter are 23.64 MXN per share, whereas the estimation was 7.39 MXN resulting in a 220.02% surprise. The estimated earnings for the next quarter are 9.71 MXN per share. See more details about UBER TECHNOLOGIES, INC earnings.
UBER TECHNOLOGIES, INC revenue for the last quarter amounts to 220.44 B MXN, despite the estimated figure of 216.63 B MXN. In the next quarter, revenue is expected to reach 236.20 B MXN.
UBER net income for the last quarter is 51.47 B MXN, while the quarter before that showed 18.62 B MXN of net income which accounts for 176.45% change. Track more UBER TECHNOLOGIES, INC financial stats to get the full picture.
No, UBER doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Nov 5, 2024, the company has 30.40 K employees. See our rating of the largest employees — is UBER TECHNOLOGIES, INC on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. UBER TECHNOLOGIES, INC EBITDA is 81.85 B MXN, and current EBITDA margin is 5.44%. See more stats in UBER TECHNOLOGIES, INC financial statements.
Like other stocks, UBER shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade UBER TECHNOLOGIES, INC stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So UBER TECHNOLOGIES, INC technincal analysis shows the sell today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating UBER TECHNOLOGIES, INC stock shows the buy signal. See more of UBER TECHNOLOGIES, INC technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.