Uber heads into Q3 with UBS and BofA targets at $106 and $101
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Uber Technologies Inc. (UBER, Financials), the ride-hailing and delivery business, will report third-quarter profits with analysts looking for bookings growth, free cash flow and competition from autonomous cars.Wall Street is looking…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralExpectations for earnings, bookings and free cash flow are key for the stock ahead of results.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Wall Street expects earnings of $0.86 per share on $14.67 billion in revenue.
- 02UBS kept a Buy rating and cut its target to $106 from $110.
- 03BofA forecasts bookings near consensus at roughly $59.78 billion.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets