UBER trade ideas
Uber new range and targetUber is now in a new range. I did enter a sizeable position around 60$ when I first started posting about it. My target for the year remains 107$ which is not only the golden fib, but also fundamentally aligning with operational cash flow growth.
Is Uber a good buy at the current price? Here is whyHello,
Here is our outlook on Uber Technologies.
Uber Technologies, Inc provides a platform that allows users to access transportation and food ordering services. The Company operates through two segments: Core Platform and Other Bets.
The Core Platform segment consists of Ridesharing and Uber Eats. The Other bets segment consists of Uber Freight and New Mobility platforms. Ridesharing refers to products that connects consumers with drivers who provide rides in a variety of vehicles, such as cars, auto rickshaws, motorbikes, minibuses and taxis. Its Uber Eats platform allows consumers to search for and discover local restaurants and order meals through online.
TECHNICAL ANALYSIS- Checklist
Structure drawing (Trend line drawing on past price chart data)
Patterns identification (Naming patterns on past price chart data for future wave)- A correction forming. Price is at the bottom of the corrective wave.
Future indication (Reading indicator for future wave)- Await zero crossover on MACD
Future wave (Drawing on future price chart using future indication from indicator)- As shown in chart
Future reversal point (Identifying trend reversal point on price chart using structure)- Target at $100 per share
Uber Technologies, Inc. financial performance for Q3 2024 and the nine months ended September 30, 2024.
Total Revenue: $11,188 million for Q3 2024, $32,019 million for the nine months ended September 30, 2024.
Income from Operations: $1,061 million for Q3 2024, $2,029 million for the nine months ended September 30, 2024.
Net Income including Non-Controlling Interests: $2,599 million for Q3 2024, $2,944 million for the nine months ended September 30, 2024.
Net Income Attributable to Uber Technologies, Inc.: $2,612 million for Q3 2024, $2,973 million for the nine months ended September 30, 2024.
Basic Net Income per Share Attributable to Uber Technologies, Inc. Common Stockholders: $1.24 for Q3 2024, $1.42 for the nine months ended September 30, 2024.
Diluted Net Income per Share Attributable to Uber Technologies, Inc. Common Stockholders: $1.20 for Q3 2024, $1.36 for the nine months ended September 30, 2024.
Revenue from the United States and Canada was $17,304 million, Latin America was $2,068 million, Europe, Middle East, and Africa was $8,939 million, and Asia Pacific was $3,708 million for the nine months ended September 30, 2024.
Uber announced the pending acquisition of Foodpanda Taiwan from Delivery Hero SE for approximately $950 million in cash, expected to close in the first half of 2025.
Beginning in early 2025, Waymo and Uber will bring autonomous ride-hailing to Austin and Atlanta, only on the Uber app. In these cities, Uber will manage and dispatch a fleet of Waymo’s fully autonomous, all-electric Jaguar I-PACE vehicles that will grow to hundreds over time.
You can find a summary of financial statements here:
Our recommendation
Since February 2024, Uber's stock (UBER) has been undergoing a correction, largely driven by concerns over the rise of robotaxi services potentially eroding the market share of traditional ride-hailing giants like Uber and Lyft. Notably, Waymo—Alphabet's autonomous vehicle division—recently expanded to Miami and now completes over 150,000 self-driving rides per week. Tesla is also set to enter the space with a planned robo-taxi launch in late 2025.
However, Uber is not sitting idle. The company, in collaboration with WeRide, has launched an autonomous mobility service in Abu Dhabi and is targeting fully driverless commercial services by late 2025 in the same region. This demonstrates Uber's proactive strategy to stay competitive in the evolving ride-hailing landscape. Beginning in early 2025, Waymo and Uber will bring autonomous ride-hailing to Austin and Atlanta, only on the Uber app.
The sharp decline in Uber's stock price—down 34% in recent weeks. The MACD indicator is showing that we shall be having a zero crossover soon hence suggesting that selling pressure may be nearing exhaustion, potentially signalling a trend reversal. The stock appears poised to recover and return to a more balanced supply-and-demand dynamic.
Despite current challenges, we expect Uber to remain resilient and successfully navigate market headwinds. The current price level presents a compelling buying opportunity, with a target price of $100.00 offering significant upside potential for investors who act now.
Current price: $60.80
Good luck and best regards.
UBER – Potential Target Below UBER – Potential Target Below
📉 Not Entering This Trade | 🎯 Potential Target: 64.89 | ⏳ Deadline: April 1
I’m not taking this trade, but I noticed this potential target around 64.89 that could get fulfilled by April. Keeping an eye on how price develops from here.
💡 All trades can be replayed on TradingView.
#Uber #StockAnalysis #MarketWatch
UBER - At a clear buy levelwe previously pinned the 61.8 retrace level and we are now finding support at the 50%. This likely predicts a significant upward move. Note the fib channel and retrace levels.
Swing trading from weekly trend support towards ATH, $87This swing trading setup displays the weekly trend holding up quite well for $UBER. The strategy here is accumulation towards weekly trend support for a swing trade to the upside towards all time highs ($87 resistance). If the breakout over $87 holds, this becomes even more appealing for that higher probability outcome of a sustained upside push. A sustained break below trend support would deter my interest for a swing trade.
UBER: UptrendOn UBER we are in a bullish trend situation with this strong break of the vwap and the resistance line by buyers over a 4 hour time frame.
$UBER looks like a bargain to me in FY 2025. PT $95-104- Uber's capital-light business model has been a major boon to their growth and global expansion efforts, whereas robotaxi will be capital extensive.
- The biggest worry regarding robotaxi implementation is the up-front capital required to get the required vehicle fleet on the road, and the years it may take to get the operations running efficiently. However, I don't think that the fear of robotaxi is overblown, as it is simply not a suitable business model in comparison to Uber's current infrastructure.
- I don't believe robotaxi fears will have materialistic impact on Ubers financials for years to come. Therefore, NYSE:UBER is a strong buy for me and I am comfortable in holding this stock and adding more if it dips.
$UBER UBER’S RIDE TO PROFITABILITY & BEYOND?UBER’S RIDE TO PROFITABILITY & BEYOND?
1/8 Uber ( NYSE:UBER ) just keeps on rolling! 🚀🚖
From 20% YoY growth in gross bookings to a SEED_TVCODER77_ETHBTCDATA:7B stock buyback, here’s what you need to know about this market heavyweight.
2/8 – RECENT REVENUE GROWTH
• Q1 FY24: Gross bookings hit $37.7B (+20% YoY)
• Revenue: $10.1B (+15% YoY), beating estimates by FWB:40M
• Uber’s firing on all cylinders—mobility & delivery both on the rise
3/8 – EARNINGS & PROFITABILITY
• Operating margin up from -3% to 2%—that’s a serious pivot to profit
• Adjusted EBITDA soared 82% to $1.4B
• First annual profit since going public in 2019. Party time! 🎉
4/8 – BUYBACKS & BULLISH GUIDANCE
• SEED_TVCODER77_ETHBTCDATA:7B stock buyback → market approves, stock at all-time highs 📈
• Gross bookings outlook: +15–20% for the next 3 years
• EBITDA growth pegged at ~40%—can they keep the momentum?
5/8 – VALUATION SNAPSHOT
• Forward P/E ~35x—a bit high, but consider the growth & dominance
• Market cap ~$140B vs. robust free cash flow projections
• Competition (Lyft, DoorDash) often has higher P/E or shakier growth
6/8 Is Uber undervalued given its trajectory?
1️⃣ Yes—ride (and deliver) the wave!
2️⃣ No—too pricey at 35x forward P/E
3️⃣ Maybe—needs more proof (robotaxi success?)
Vote below! 🗳️👇
7/8 – SWOT/SCOT TAKE
Strengths: Global brand, diverse services, Waymo partnership 🤖
Challenges: Regulations, high op costs, fierce competition
Opportunities: New markets, AI, autonomous tech
Threats: Legal hurdles, changing consumer habits
8/8 – WHAT’S NEXT?
Uber’s aiming for an autonomous future—could that turbocharge margins? ⚡️🏁
UBER Earnings Uber is to release earnings this upcoming week on Feb 5th during pre-market.
The expectation is positive. The probability rests in favour of Uber doing a 4% return on earnings release, based on forecasts.
Outlook is bullish for earnings!
Not advice!
Safe trades to al!
Bearishness on Uber Uber has given investors almost 3 years of noteworthy gains.
Unfortunately,
Uber has broken theoretical support and confirmed a 10 day candle below our BB SMA.
The last time this happened Uber went on and corrected a total of 64% from Top . If we apply the same prospect we can infer that IF Uber breaks below the $60 level it will open the way to a bigger correction towards $30 for a total correction of 64%.
Macro Market Structure will still remain bullish as Uber correcting to $30 will still create a HL.
Using the MACD we can predict the overall correction to last another full year.
Factors that may contribute to the fall include ;
- Short Operating Income
- Negative Guidance
- Currency Headwinds
- Expenses
Etc.
Uber’s Bullish Momentum: On the Fast Track to $90 and Beyond!Uber's stock is showing a strong bullish setup, supported by key Fibonacci levels and a well-defined upward channel. The price has recently rebounded from the 0.5 and 0.618 Fibonacci retracement levels around $51-$54, confirming strong support and accumulation in this zone. Currently, the stock is trading near $69.83, approaching critical resistance at $73.41 and $77.65. A breakout above these levels could trigger an accelerated move toward $90, aligning with the 1.618 Fibonacci extension at $79.99 and further upside potential toward the 2.618 extension at $105.80. The trend remains intact as long as Uber holds above $64, making this an attractive long setup with a favorable risk-reward ratio.
Uber's long-term growth prospects remain promising despite GM's recent decision to halt funding for Cruise's robotaxi division. While this move temporarily disrupts Uber’s planned integration of Cruise’s autonomous vehicles, the company continues to diversify its autonomous driving strategy through partnerships with other industry leaders like Waymo and WeRide. This strategic adaptability highlights Uber’s commitment to leveraging self-driving technology, reducing operational costs, and improving margins in the ride-hailing sector. Moreover, as regulatory frameworks evolve and autonomous technology matures, Uber remains well-positioned to benefit from future developments in the space. Although the short-term impact of GM's exit may create volatility, the broader trend of automation in mobility services still supports Uber’s long-term bullish outlook, reinforcing its path toward potential price targets above $90.
UBER Technologies Options Ahead of EarningsIf you haven`t sold the top on UBER:
Now analyzing the options chain and the chart patterns of UBER Technologies prior to the earnings report this week,
I would consider purchasing the 68usd strike price Calls with
an expiration date of 2025-2-14,
for a premium of approximately $3.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
UBER: Doesn't look DEAD to me...NYSE:UBER : Doesn't look DEAD to me...👀
Is Uber setting up for a parabolic move?! 🚀
Earnings Thursday:
EPS: .50c
Rev.: 11.76B
Rounded bottom measured move: $108 🎯
Not financial advice
$UBER to $77+ Post-Earnings The fundamental bull case for NYSE:UBER is strong as they approach earnings on February 5th, and personally, I'm betting (with call options) on a beat! 💪🏼💸🏆
If NYSE:UBER manages to impress as I believe they will, then I expect to see $77 in the week that follows. If they really provide some solid results, then I think that we could see a rally up to the lines of resistance on this long term ascending channel (green) by the end of the month.💥📈🎯
Time will tell! 😎⌚️
1/29/25 - $uber - Fud is a PnL killa. Bot moar.1/29/25 :: VROCKSTAR :: NYSE:UBER
Fud is a PnL killa. Bot moar.
- at this pt, the market is still hung up on Elon's robotaxi
- u know what gets killed first? the donut called NYSE:CVNA , that's the pair everyone's missing but back on topic
- 4Q beat and raise
- 5% fcf yields, growing mgns, 15% top line growth
- nvda partner
- the "layer 2" rotation from AI that everyone wanted to play with their favorite B2B enterprise software co y day even if they all trade >10x sales (have fun learning that one that hard way)
- these guys r not going anywhere
- rotated some of the NASDAQ:NXT ST wins this AM into cash... and now i'm buying the dip on $uber.
- alas who knows, but downside here probably 10-15%, upside 20-30% (in a YE context) so risk/reward is good
- majority of my exposure remains the 2027 ITM leaps.
be well.
V
$UBER - Potential Fib GP break Uber is testing the crucial Gp $67.13 in PM
UPS hit the transports yesterday, relief bounce today hopefully .
$UBER Cup and handle breakout on the daily.NYSE:UBER Cup and handle breakout on daily chart. Reclaim of 50 SMA. Daily trendline support beneath. Need AMEX:SPY to reclaim 50 SMA.
Uber: ConsolidationThe rally that began at the turn of the year has recently transitioned into a phase of consolidation, leaving our primary outlook unchanged for now. During the magenta wave , we anticipate another pullback toward the support at $53.26, where the subsequent wave should begin. This wave should eventually propel the price beyond the resistance at $87, where we also expect the high of the broader turquoise wave 3. A premature breakout is also conceivable, given the extent of the current pullback. However, for this 30% likely alternative scenario to be confirmed, the stock would need to decisively breach the $87 mark.
BUY UBERSeen a sweep of liquidity on the daily then chod and stable structure above high from the zone I marked up
UBER In-Depth Analysis with a Bullish BiasUBER In-Depth Analysis with a Bullish Bias
UBER has just broken out of a clear Bullish Channel pattern. The price is poised to rise again ahead of the earnings report set to be released on February 5th.
For further details, you can watch the full analysis!
Thank you:)
Major Price Movement Incoming for UBER!Signalist has detected a precise pattern in NYSE:UBER trading activity, signaling that a substantial price movement is imminent. This isn’t a random fluctuation—it’s a carefully analyzed precursor to a significant market event.
📅 What to Expect:
⌛ Timeline: Anticipate a major move within the next 1 to 4 upcoming 3-hour candles.
📈 Monitor the Charts: Keep an eye on UBER’s price action over the next few candles.
Prepare Your Strategy: Whether you’re bullish or bearish, have your trading plan ready to capitalize on the move.
12/18/24 - $uber - I'm irresponsibly long @$6112/18/24 :: VROCKSTAR :: NYSE:UBER
I'm irresponsibly long @$61
- won't rehash the thesis
- but these guys will share the AV pie. the mkt is no doubt pair trading NASDAQ:TSLA v $uber. today that started to reverse even early in the session
- looking at $uber/ NASDAQ:QQQ pair - the stock has clearly bottomed in my opinion
- what matters here, however is the composition of how the market makers spool the index (which is targeted in a narrow range and IMO will finish higher from here into YE)
- will we see some collateral damage, a follow on risk off day? anything's possible. but a lot of leverage was flushed today and quite frankly that's healthy.
- so i'm irresponsibly long NYSE:UBER calls. $60 for jan 17 '25 ... and some dec 27 expires as well. will manage this v closely, but it's my highest conviction ST idea given the strength the stock showed today in the worst tape so far this year.
b careful there. love u guys
V
