Ubers Target Price: $92 From rides to returns — Uber’s ecosystem is scaling towards profitability.
Target Price: $92
FY24 revenue expected at $41.2B, up 18% YoY, driven by core mobility and delivery segments.
Achieved full-year positive Adj. EBITDA of $4.2B, margin expanding to 10.2%, signaling operational leverage. Projected FCF of $3.8B in 2025; reinvestment optionality + share buyback program initiated.
Valuation: Trades at EV/EBITDA of ~18x (2025E) vs. peers at 20–22x; attractive relative to growth.
Especially in such a turbulent environment marked by tariff policy uncertainty and financial market instability, Uber’s attractiveness continues to rise. It is worth paying attention not only to Uber’s equity but also to its bonds with a 7.5% coupon.