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Uber

$UBER A Buy On Kalanick Running Out Of Shares To SellThe biggest overhang, besides bearish shorts, has been former CEO Travis Kalanick exiting his holdings since lockup expiration. Kalanick has sold about $2.1 billion worth of stock. He now has roughly just $600m worth of stock to sell. While some view the former CEO selling as bearish, we disagree because he was pushed out. Kalanick hit the lotto and is cashing his chips in, just like $WE former CEO Adam Neumann. They are both narcissists and it's best Kalanick is gone. While Kalanick has been selling, CEO Dara Khosrowshahi has been buying. This is bullish. He now owns 1.5 million shares and is betting on the stock having bottomed. Company Profile Uber Technologies, Inc. develops and supports proprietary technology applications that enable independent providers of ridesharing, and meal preparation and delivery services to transact with end-users worldwide. The company operates in two segments, Core Platform and Other Bets. Its driver partners provide ridesharing services through a range of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis, as well as based on the number of riders under the UberBLACK, UberX, UberPOOL, Express POOL, and Uber Bus names; and restaurant and delivery partners provide meal preparation and delivery services under the Uber Eats name. The company also offers Uber Central, a tool that enables companies to request, manage, and pay for rides for their employees, customers, or partners; and Uber Health, which allows healthcare professionals to arrange rides for patients going to and from the care destinations. In addition, it provides freight transportation services to shippers in the freight industry under the Uber Freight name; leases vehicles to third-parties that use the vehicles to provide ridesharing or eats services through the platforms; and provides access to rides through personal mobility products, including dockless e-bikes and e-scooters under the JUMP name. The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California. As always, use protective stops and trade with caution. Good luck to all!
NYSE:UBERLong
by InsiderFinancial
$UBER Next Target Is $42Our subscribers are now up 25% since we recommended $UBER last month at $30. As we said, Kalanick's stock sales were a major drag on the stock and that once he was done selling, $UBER would climb. We were right on the money. Our next target is $42. In $UBER news: Guggenheim analyst Jake Fuller sees Uber's revenue and EBITDA outlook as favorable heading into the Q4 report on February 6. The analyst cites the relatively stable trends in the U.S. and international markets. Fuller thinks the shift away from low take-rate markets like India could lead to take-rates of 21% and strong EBITDA in the quarter. Guggenheim maintains a Buy rating and $40 price target. Uber has a Bullish average Sell Side rating. As always, trade with caution and use protective stops. Good luck to all!
NYSE:UBERLong
by InsiderFinancial
2
UBER +30% in 60 daysChecking back in with Uber this week since our last analysis. If you checked out or last posts we remember Uber founder and former CEO Travis Kalanick has sold off all his remaining shares and left the company's board of directors. This ended up benefiting Uber stock price since Kalanick had been accounting for 7% of the sell offs in the Uber. Whatever early on IPO investors that were waiting for the lockup expiration to sell their shares seemed to have done so already as well. If you take a look at Uber today, the stock is still way below its IPO Price. The stock has been on a nice recovery ride over the last 60 days shooting up over 30%. We recently hit our first target of $33.00 right on the money. Could see some traders pick up some profits here as the stock is currently overbought. We do still expect the next target around $36. If anything changes we'll be share to follow up. Shoot us a Follow and Hit the Like button for more updates. Cheers! Technical Analysis: Uber has currently broken over the 50MA which is a good sign for the bulls on the oversold stock. Looks like a double bottom on Nov 6 and Nov 17 is where we found support. Right now we're eyeing the $33 range as the first stop on its way back to the upside. We could see a possible quick dip to $29.50 before fueling up. Shoot us a like and follow and we'll be back with some updates. Cheers! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
NYSE:UBERLong
by MannyLo
UBER trendreversal confirmed? Welcome fellow tradingviewers, This is one of the first individual stock pick that we are going to be analysing in 2020. Uber is one of the best known brands by name among millenials and one of the failing IPO's we have seen so far. Without further due, lets look at the chart: Weekly: - Morning star pattern has been formed, which is usually known to be a trend reversal pattern. - Volumes have been increasing a lot. Daily: - We have closed above the 100 MA indicating more upside to come - We can clearly see volumes increasing - Big bulllish engulfing cande on last weekly close 4 Hour: - We have found support above the 200 MA indicating more upside to come We are looking forward to see what 2020 is going to bring UBER, we are long for now! We kindly want to remind you that we are only showing you guys our view and that this should not be considered as financial advice. However if you found this analyses useful please don't forget to leave a like ! And if you have anything to say about our analyses let us know in the comments below! Kind regards, Forallcrypto
NYSE:UBERLong
by ForAllCrypto
Uber has bottomedCapitulation followed by massive volume at around $25.50. Double bottom circled in green. Gap to be filled around $41. Small gap to be filled circled in yellow. Yellow trend-line with confluent are at the gap fill. RSI has some room before it hits the yellow RSI trend-line reinforcing the idea of a gap fill n' go. Fundamentally speaking, news co-founder has been liquidating all his shares but price has not tanked on this news. Just like Facebook and alot of early tech stocks we saw a selloff after the IPO hype and rally after the haircut. Like Facebook, UBER is already ingrained in much of our lives and it is hard to believe it will be gone so soon. Tell me what you think.
NYSE:UBERLong
by ceesounds
2
UBER - Let It Ride Checking up on Uber since our last Uber Analysis. What's new with Uber: 1. Uber founder and former CEO Travis Kalanick has sold off all his remaining shares and is leaving the company's board of directors. 2. London is the most recent location to ban Uber 3. Uber trying to find it's way into profitability Bullish Case: 1. Kalanick had been accounting for 7% of the sell offs in the Uber price since he started dumping the stock 2. Stock is still way below its IPO Price 3. Lockup expiration shares sell off seem to have finished Bearish Case: 1. Company has yet to be profitable (Current news has the ride hailing profitable, but Uber Eats is still at a loss) 2. A lot of competition (Lyft, Ola, Careem, Didi, Taxify) 3. Bans in certain locations (London, Northern Australia, Denmark, Hungary, Bulgaria, Certain U.S. Cities) Technical Analysis: Uber has currently broken over the 50MA which is a good sign for the bulls on the oversold stock. Looks like a double bottom on Nov 6 and Nov 17 is where we found support. Right now we're eyeing the $33 range as the first stop on its way back to the upside. We could see a possible quick dip to $29.50 before fueling up. Shoot us a like and follow and we'll be back with some updates. Cheers! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
NYSE:UBERLong
by MannyLo
UBER Technologies -undervalued Technical analysis DI+ > DI- cross was made on December 16 . Since then, we have stayed above the 50sma. Since the IPO lock-up (November 6th), OBV has trended upwards on higher highs; RSI is following as well. Fundamental analysis by MorningStar Analysts On Dec. 24 Uber announced: Travis Kalanick, Uber's co-founder, will no longer be on the board of the company at the start of 2020. Kalanick has sold nearly 95% of his holdings in Uber since the firm’s IPO lockup expired on Nov. 6. In comparison, Uber’s other co-founder, Garrett Camp, has sold only around 12% of his Uber stock. Kalanick being pushed out could benefit the stock in two ways : 1. Without the presence of Kalanick on the firm’s board, Uber’s reputation could improve a bit more quickly as Kalanick’s missteps, which included ignoring the company’s culture of sexual misconduct and not addressing accusations of internal racial discrimination, tainted the firm’s name and may have helped Lyft gain market share. 2. Kalanick’s continued sale of his holdings likely pressured the stock since Nov. 6. From then through today, we estimate that Kalanick’s trades on average represented around 7% of the stock’s average daily trading volume. Without such pressure, the stock could trade higher toward the firm’s $45 IPO price and possibly our $58 fair value estimate. Of course, the stock’s performance will be based mainly on the firm’s progress toward GAAP profitability, which we have projected will be in 2024.
NYSE:UBERLong
by dorfmanmaster
$UBER Uber Tech EOY 2019, $32 crucial zone for further gain$UBER Uber Tech EOY 2019, $32 crucial zone for further gain First of all, made once the IPO started a post that it would go down -47% from the IPO price, practicly reached it so far. Looks like a bit of bullishness getting here. Trendline and 76.8 could decide if this keeps going or not. Fundamental not bullish on UBER. But if the charts says something else :) Getting rejected at the 61.8 fib from the run from $33 till ATL. Looks like it makes support on 21 novembre so i could try to gain till $32.
NYSE:UBER
by void_491