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Here are the biggest risks Uber's facing, according to Wall Street analysts
abstrak：From not turning a profit, to being beat by competitors on self-driving cars, here's what's keeping Wall Street analysts up at night.
Uber's stock price fell more than 6% in trading Friday as investors digested a less-than-stellar second-quarter earnings report.
The company lost $5.2 billion in the three-month period.
Things could get worse, too, Wall Street analysts warn. Here's what they're worried about.
Uber just reported yet another quarter of growth.
Despite some massive, one-time charges related to its IPO, Uber continued to grow its “gross bookings” segment, a closely watched measure that accounts for receipts from taxi rides and Uber Eats orders.
Wall Street remains bullish on the company, with an average price target of about $51 — about 27% higher than Friday's close — but there's plenty to worry about, too.
Here are the biggest concerns on analysts' minds following the company's less-than-stellar second-quarter earnings report:
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