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

unlock icon  Upgrade Now

This premium article is available to MarketBeat All Access subscribers only. Log in to your account or sign up below.

Already have an account? Log in here.

Should you invest $1,000 in Uber Technologies right now?

Before you consider Uber Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Uber Technologies wasn't on the list.

While Uber Technologies currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Uber Technologies (UBER)
4.8061 of 5 stars
$69.00-0.3%N/A80.23Moderate Buy$78.94
Lyft (LYFT)
3.1309 of 5 stars
Wendy's (WEN)
4.7372 of 5 stars
Alphabet (GOOGL)
2.6736 of 5 stars
$156.28+1.4%N/A26.94Moderate Buy$158.41
United Parcel Service (UPS)
4.971 of 5 stars
FedEx (FDX)
4.7546 of 5 stars
$270.15+1.2%1.87%15.58Moderate Buy$301.33
Wingstop (WING)
2.1417 of 5 stars
Popeyes Louisiana Kitchen (PLKI)
0 of 5 stars
Panera Bread (PNRA)
0 of 5 stars
Compare These Stocks  Add These Stocks to My Watchlist 

Featured Articles and Offers

7 Dividend Stocks with Double-Digit Growth Rates

7 Dividend Stocks with Double-Digit Growth Rates

Discover top dividend stocks defying myths with both secure dividends & double-digit growth. Explore our list of 7 blue-chips setting 2024 standards.

Search Headlines: