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

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

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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
$16.73+3.6%N/A-18.80Hold$14.60
Wendy's (WEN)
4.7372 of 5 stars
$19.71+2.4%5.07%20.11Hold$22.47
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
$145.43+1.9%4.48%18.67Hold$165.61
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
$354.75+2.1%0.25%150.96Hold$290.83
Popeyes Louisiana Kitchen (PLKI)
0 of 5 stars
$79.00flatN/AN/AN/A
Panera Bread (PNRA)
0 of 5 stars
$314.93flatN/AN/AN/A
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