Markets

Insider Trading

Hedge Funds

Retirement

Opinion

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

We came across a bullish thesis on Uber Technologies, Inc. on Disruptive analytics’ Substack by Magnus Ofstad. In this article, we will summarize the bulls’ thesis on UBER. Uber Technologies, Inc.'s share was trading at $96.79 as of August 22nd. UBER’s trailing and forward P/E were 16.49 and 31.75 respectively according to Yahoo Finance.

[caption id="attachment_515905" align="aligncenter" width="750"] Copyright: dolgachov / 123RF Stock Photo[/caption]

Uber has gained nearly 30% since being recommended in November 2024, supported by Q2 results that exceeded expectations across...