Uber stock rebounds after earnings, analysts maintain bullish outlook

Uber stock earnings delivery business growth

Uber stock was up about 2.5% in early trading on Thursday, just hours after a pullback following the company’s Q2 earnings release. Uber missed on analyst estimates for both revenue and EPS, due in part to driver shortages in its ride-hailing business, while rival Lyft reported a huge quarter — but analysts are still bullish on Uber’s prospects.

Analyst Ross Sandler of Barclays maintained an Overweight rating on the stock, anticipating a recovery in the company’s volume, take rate and...

https://www.freightwaves.com/news/uber-stock-rebounds-after-earnings-analysts-maintain-bullish-outlook

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