Uber Technologies (UBER) develops platforms that allow for independent ride-sharing and food deliveries. I am neutral on the stock. (See Analysts’ Top Stocks on TipRanks) Management's Upgrade on Outlook Uber stock has risen significantly over the past month due to management's upgrade on its earnings outlook for its Q3 and Q4 results. The company expects gross bookings to end up between $22.8 billion and $23.2 billion, versus its previous estimate of $22 to $24 billion. Management also expects EBITDA to improve by -$25 million to $25 million, versus a previously anticipated loss of $100 million.
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Uber Technologies (NYSE:UBER)
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Uber Technologies (NYSE:UBER)
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