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Uber Technologies
15 Nov 2022 (251 views)  

I do not own any share in Uber.  They operate a ride hailing and food delivery service in many cities around the world.

Based on their latest financial report, they make a loss of $3.33 per share. Their current share price is $29. This will cover 8.7 years of losses. 

The analysts predict that Uber will be marginally profitable for the next financial year, with a PE ratio of over 400 times. 

The highest price of Uber was in Apr 2021 where it hit $54. It has since declined by 46% to $29. 

I do not like Uber. I do not like their business model. I think that it will be difficult for the company to be profitable to justify their current price.

Note - I am giving a personal opinion. This is not financial advice. 
 


Uber Technologies
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I do not own any share in Uber.  They operate a ride hailing and food delivery service in many cities around the world.

Based on their latest financial report, they make a loss of $3.33 per share. Their current share price is $29. This will cover 8.7 years of losses. 

The analysts predict that Uber will be marginally profitable for the next financial year, with a PE ratio of over 400 times. 

The highest price of Uber was in Apr 2021 where it hit $54. It has since declined by 46% to $29. 

I do not like Uber. I do not like their business model. I think that it will be difficult for the company to be profitable to justify their current price.

Note - I am giving a personal opinion. This is not financial advice. 
 

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