Uber Technologies: It's All About Cleaning The P&L And Stopping Dilution (Rating Upgrade)
UBERUber(UBER) Seeking Alpha·2024-09-14 18:52
Klaus Vedfelt There aren't many companies at Uber's scale (NYSE:UBER) that showcase as attractive long-term opportunities for growth, margin expansion, and increasing cash flows. While the autonomous vehicle threat is the popular explanation for Uber's underperformance in recent months, I argue that Uber is perfectly positioned to benefit from AVs. Instead, I offer my own explanation - Uber needs to continue cleaning its financial profile, accelerate shareholder returns, and show consistent sequential i ...