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)	4.9874 of 5 stars 4.99 / 5 stars	$64.40	-2.0%	N/A	103.87	Moderate Buy	$85.97
Lyft (LYFT)	4.2748 of 5 stars 4.27 / 5 stars	$12.23	+0.2%	N/A	-26.02	Hold	$18.04
Wendy's (WEN)	4.9147 of 5 stars 4.91 / 5 stars	$16.79	-1.1%	5.96%	16.96	Hold	$21.03
Alphabet (GOOGL)	4.1618 of 5 stars 4.16 / 5 stars	$167.00	-0.2%	0.48%	25.61	Moderate Buy	$203.74
United Parcel Service (UPS)	4.9708 of 5 stars 4.97 / 5 stars	$128.85	+1.4%	5.06%	18.67	Moderate Buy	$154.95
FedEx (FDX)	4.179 of 5 stars 4.18 / 5 stars	$299.92	+0.4%	1.84%	17.41	Moderate Buy	$314.00
Wingstop (WING)	2.809 of 5 stars 2.81 / 5 stars	$366.36	+1.7%	0.24%	130.38	Hold	$357.89
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