UBER Has Their EPS Increased By Brokerage

UBER
UBER

The stock analysts working at KeyCorp have already increased the earnings estimates on the stocks of UBER in a 5th April research report. E. Yruma, one of the analysts working for the brokerage firm, has now predicted that the company will be posting an EPS of $0.49 for this quarter, which is slightly less than the previous forecast of $0.50.

The company has a rating of overweight as set by the brokerage firm with a price target of $63 on the stock. The brokerage has also provided estimates into the earnings of Q3 2021 at an EPS of $0.24. The Q4 2021 has also been put forward by the brokerage at an EPS of $0.15.

The Quarterly Estimates of UBER

The stocks of UBER did publish their quarterly report on the 10th of February. The EPS reported by the company is $0.54, which was more than the consensus estimate of $0.53. The company does have a net margin of -53.12%, with a -43.27% return on its equity. The revenue of the company is $3.17 billion which is slightly less than the consensus estimate of $3.56 billion.

There have been several research firms that have commented on the stocks of UBER. Susquehanna has already increased the price target of the company from $45 to $70 with a rating of neutral in an 11th February research report. DA Davidson has also increased the price target of the company from $49 to $72 with a rating of buy in a 12th February research report.

Susquehanna Bancshares has increased the price target of the company from $45 to $70 with a rating of neutral in an 11th February research report. The Royal Bank of Canada has increased the price target of the company from $58 to $77, with a rating of buy in a 13th December research report. Wedbush has also reaffirmed a rating of buy in a 5th March research report. 

Four of the investment analysts have already provided the company with a rating of hold, while thirty-two of them have provided the company with a rating of buy. Currently, UBER has a buy rating with a $63.38 price target. 

 

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