Uber Technologies Inc (NYSE: UBER)’s Stock Is Up 57.84%, A Prediction For What Could Come Next

During the last session, Uber Technologies Inc (NYSE:UBER)’s traded shares were 20.46 million, with the beta value of the company hitting 1.38. At the end of the trading day, the stock’s price was $69.31, reflecting an intraday loss of -0.07% or -$0.05. The 52-week high for the UBER share is $82.14, that puts it down -18.51 from that peak though still a striking 57.84% gain since the share price plummeted to a 52-week low of $29.22. The company’s market capitalization is $144.27B, and the average trade volume was 18.82 million shares over the past three months.

Uber Technologies Inc (NYSE:UBER) trade information

Uber Technologies Inc (UBER) registered a -0.07% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.07% in intraday trading to $69.31, hitting a weekly high. The stock’s 5-day price performance is -2.79%, and it has moved by -11.04% in 30 days. Based on these gigs, the overall price performance for the year is 134.23%.

Uber Technologies Inc (UBER) estimates and forecasts

Statistics show that Uber Technologies Inc has outperformed its competitors in share price, compared to the industry in which it operates. Uber Technologies Inc (UBER) shares have gone up 56.85% during the last six months, with a year-to-date growth rate more than the industry average at 40.23% against 15.30. In the rating firms’ projections, revenue will increase 16.20% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 9.45B as predicted by 38 analyst(s). Meanwhile, a consensus of 36 analyst(s) estimates revenue growth to 9.97B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 8.82B and 9.23B respectively. In this case, analysts expect current quarter sales to grow by 7.10% and then jump by 8.00% in the coming quarter.

While earnings are projected to return 44.11% in 2024, the next five years will return 47.00% per annum.

UBER Dividends

Uber Technologies Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Uber Technologies Inc (NYSE:UBER)’s Major holders