Earnings Estimates Moving Higher for Uber (UBER): Time to Buy?
UBERUber(UBER) ZACKS·2024-08-17 01:21

Uber Technologies (UBER) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this ride-hailing company, should get reflected in its stock price. After all, empirical research shows a strong correlation betwee ...