MarketBeat ‘Stock of the Week’: Uber goes driverless

Key Points

After falling 14% to $11 billion in 2020, Uber revenue is on pace to rise for the third straight year to more than $36 billion in 2023.
A recent pullback has created a favorable entry point for swing traders who can capitalize on the stock peeking outside of its lower Bollinger band - or investors in it for the long haul.
A near-perfect 29 of 30 analysts are presently bullish on Uber, with a current consensus price target of $59.00 implying more than 40% upside from Friday’s close.
5 stocks we like better than Uber Technologies

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Companies Mentioned in This Article

Company	MarketRank™	Current Price	Price Change	Dividend Yield	P/E Ratio	Consensus Rating	Consensus Price Target
Uber Technologies (UBER)	4.761 of 5 stars 4.76 / 5 stars	$73.67	+1.2%	N/A	118.82	Moderate Buy	$87.60
Lyft (LYFT)	4.5407 of 5 stars 4.54 / 5 stars	$12.35	+0.8%	N/A	-26.28	Hold	$15.65
Wendy's (WEN)	4.7832 of 5 stars 4.78 / 5 stars	$17.75	-0.1%	5.63%	17.93	Hold	$20.24
Alphabet (GOOGL)	4.5454 of 5 stars 4.55 / 5 stars	$159.34	+0.0%	0.50%	24.44	Moderate Buy	$201.08
United Parcel Service (UPS)	4.9664 of 5 stars 4.97 / 5 stars	$131.27	+0.5%	4.97%	19.02	Moderate Buy	$149.68
FedEx (FDX)	4.5556 of 5 stars 4.56 / 5 stars	$297.64	+0.1%	1.85%	17.27	Moderate Buy	$314.67
Wingstop (WING)	3.0506 of 5 stars 3.05 / 5 stars	$416.48	0.0%	0.26%	148.21	Hold	$379.53
Popeyes Louisiana Kitchen (PLKI)	0 of 5 stars 0.00 / 5 stars	$79.00	flat	N/A	N/A		N/A
Panera Bread (PNRA)	0 of 5 stars 0.00 / 5 stars	$314.93	flat	N/A	N/A		N/A