Zacks Research Brokers Increase Earnings Estimates for Uber Technologies, Inc. (NYSE:UBER)

Market Beat
2024.08.30 11:53
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Zacks Research has increased its earnings estimates for Uber Technologies, Inc. (NYSE: UBER), predicting Q1 2025 EPS will rise to $0.45 from a previous forecast of $0.43. The consensus estimate for the current full-year earnings is $0.04. Other analysts have also rated the stock positively, resulting in an average "Moderate Buy" rating, while Uber's stock price recently opened at $49.25, showing strong institutional investor interest and good year-over-year revenue growth of 15.9%.