Truist Financial analyst Youssef Squali maintains $Uber Technologies (UBER.US)$ with a buy rating, and sets the target price at $95.
According to TipRanks data, the analyst has a success rate of 53.0% and a total average return of 10.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Uber Technologies (UBER.US)$'s main analysts recently are as follows:
The combination of a modest shortfall in mobility and a stimulating discussion on autonomous vehicles might have triggered an immediate selling reaction. Nevertheless, this presents an evident opportunity, as growth rates across the company's operations sustain a healthy pace above 20%, with its emerging business segments expanding rapidly.
The discussion around the slowdown in mobility and the trajectory towards consistent growth continues to be a central point of contention following the recent quarterly results. Despite this, there is recognition of Uber's strong growth narrative, although there may be a need for an additional report and guidance to mitigate concerns regarding growth.
The slowing pace of Mobility gross bookings and a more modest increase in Trips during Q3 might lead to beliefs that there's a deceleration in the Mobility sector. However, this is not seen as having a significant impact on profitability.
Note:
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