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Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food delivery service providers, and shippers with carriers. The firm's on-demand technology platform could eventually be used for additional products and services, such as autonomous vehicles, delivery via drones, and Uber Elevate, which, as the firm refers to it, provides "aerial ride-sharing." Uber Technologies is headquartered in San Francisco and operates in over 63 countries with over 150 million users who order rides or food at least once a month.
Uber Technologies trades on the NYSE stock market under the symbol UBER.
As of September 19, 2024, UBER stock price climbed to $75.28 with 15,639,478 million shares trading.
UBER has a beta of 1.72, meaning it tends to be more sensitive to market movements. UBER has a correlation of 0.37 to the broad based SPY ETF.
UBER has a market cap of $158.16 billion. This is considered a Large Cap stock.
Last quarter Uber Technologies reported $11 billion in Revenue and $.47 earnings per share. This beat revenue expectation by $160 million and exceeded earnings estimates by $.16.
In the last 3 years, UBER stock traded as high as $82.14 and as low as $19.90.
The top ETF exchange traded funds that UBER belongs to (by Net Assets): VTI, VOO, SPY, IVV, VUG.
UBER has outperformed the market in the last year with a price return of +61.9% while the SPY ETF gained +29.9%. UBER has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +7.0% and +5.2%, respectively, while the SPY returned +4.4% and +3.6%, respectively.
UBER support price is $71.97 and resistance is $75.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UBER stock will trade within this expected range on the day.