UBER had third-quarter earning results above the top- and bottom-line S&P Capital IQ consensus expectations.
However, we still expect losses in Uber Eats, along with more aggressive investments in ATG, to delay Uber’s first full-year adjusted EBITDA until 2022.
Analyst target: $58
Uber's IPO lock-up period over!!
Tomorrow November 6th, 2019. Investors who got in at the IPO, can now start selling their shares.
We could see a potential drop, as it has happened with other IPO's so far.