Uber (UBER)

Financial Performance

Uber's revenue and gross profit have shown a positive trend with the last quarter reporting $11.2B in revenue and $4.4B in gross profit, which represents an increase of 4.6% and 31.9% from the previous quarter respectively. The net operating income also showed an impressive increase of 62.7% year over year to reach $1.1B, indicating strong profitability.

Stock Price

The stock price is currently at $65.97, showing a growth of 10.1% over the past month but a slight decrease compared to its 200-day moving average of $70.46. The RSI value stands at a moderate level of around 60, suggesting that it's neither overbought nor oversold.

Alternative Data Signals

The company has been experiencing robust web traffic and app downloads, although job postings have decreased slightly which may indicate slower expansion plans or increased efficiency in operations.

Social media followers on Twitter, Instagram and TikTok are growing while Facebook followers show a slight decline.

Conclusion

Taking into account Uber's solid financial performance and stock price trends along with mixed signals from alternative data sources such as social media following and job posting trends, our analysis suggests a moderately bullish outlook for Uber's stock.

Note: This AI Stock Analysis is based on data as of January 12. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Uber (UBER), currently trading at $67.34, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.