Uber Technologies Inc (NYSE:UBER) has a beta value of 1.38 and has seen 21.1 million shares traded in the last trading session. The company, currently valued at $140.30B, closed the last trade at $67.40 per share which meant it lost -$1.65 on the day or -2.39% during that session. The UBER stock price is -21.87% off its 52-week high price of $82.14 and 56.65% above the 52-week low of $29.22. The 3-month trading volume is 18.85 million shares.
Uber Technologies Inc (NYSE:UBER) trade information
Sporting -2.39% in the red in last session, the stock has traded in the red over the last five days, when the UBER stock price touched $67.40 or saw a rise of 5.26%. Year-to-date, Uber Technologies Inc shares have moved 9.47%, while the 5-day performance has seen it change -2.29%. Over the past 30 days, the shares of Uber Technologies Inc (NYSE:UBER) have changed -12.46%.
Uber Technologies Inc (UBER) estimates and forecasts
Figures show that Uber Technologies Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 65.93% over the past 6 months, with this year growth rate of 40.23%, compared to 15.40% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 375.00% and 55.60% for the next quarter. Revenue growth from the last financial year stood is estimated to be 16.20%.
38 analysts offering their estimates for the company have set an average revenue estimate of $9.45 billion for the current quarter. 36 have an estimated revenue figure of $9.97 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $8.82 billion and $9.23 billion respectively for this quarter and the next, and analysts expect sales will grow by 7.10% for the current quarter and 8.00% for the next.
Earnings growth for 2024 is a modest 44.19% while over the next 5 years, the company’s earnings are expected to increase by 47.00%.
UBER Dividends
Uber Technologies Inc is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
