Is Uber stock expected to go up?

Stock Price Forecast The 41 analysts offering 12-month price forecasts for Uber Technologies Inc have a median target of 70.00, with a high estimate of 82.00 and a low estimate of 48.00. The median estimate represents a +83.10\% increase from the last price of 38.23.

Why Uber stock is going down?

Pandemic Pain Another source of pain for Uber has been the global pandemic, which literally hurt its operations around the world. As lockdown measures forced people to shelter at home and governments around the world doled out pandemic relief benefits, Uber’s workforce dropped considerably.

Is Uber a good company?

It has a 4.2 rating on job review site Glassdoor, compared to the average company rating of 3.3. (However, drivers give Uber a 2.9 rating.) Tech companies in general maintain a high approval rate on the site: Facebook (FB) earns a 4.5 and Google (GOOGL) a 4.4.

Does Uber stock pay dividends?

Uber (NYSE: UBER) does not pay a dividend.

What is the net worth of Uber Technologies?

Interactive chart of historical net worth (market cap) for Uber Technologies (UBER) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Uber Technologies net worth as of November 22, 2019 is $50.25B.

Will Uber stock make a comeback in 2020?

Although by the end of the year, analysts were predicting a comeback for Uber Stocks in 2020, the economic downturn expected after the COVID-19 crisis seems to be dashing that hope at the time of writing this piece. The bottom line is that even the best sources are undecided on the current asset value of the company.

What’s happened to Uber stock since the IPO?

Uber’s been on a wild ride since, peaking above $46 per share on June 28 and plunging to a low around $26 per share on Nov. 14. Since then, it’s climbed back up, closing at $38.31 on Feb. 24, 2020. Currently, the stock is down about 7.8\% since the IPO.

What are analysts’ 12 month price targets for Uber Technologies stock?

37 brokerages have issued 12 month price targets for Uber Technologies’ shares. Their forecasts range from $34.00 to $82.00. On average, they expect Uber Technologies’ share price to reach $63.78 in the next year. This suggests a possible upside of 15.0\% from the stock’s current price.