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Uber Technologies, Inc. (UBER): A Bull Case Theory

We came across a bullish thesis on Uber on Accrued Interest's Substack by Simeon McMillan. As of 9ᵗʰ July, Uber's share was trading at $97.48. UBER's trailing and forward P/E were 17.07 and 41.31 respectively according to Yahoo Finance.

[caption id="attachment_1195729" align="aligncenter" width="768"] A close up view of a hand holding a smartphone, using a ride sharing app.[/caption]

Uber has been one of the best performing stocks in 2025, with a 41% increase year to date, outpacing the S&P 500's 2% gain. The company's strong free cash flow conversion and improving earnings have...