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एब्स्ट्रैक्ट: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:
अस्वीकरण:
इस लेख में विचार केवल लेखक के व्यक्तिगत विचारों का प्रतिनिधित्व करते हैं और इस मंच के लिए निवेश सलाह का गठन नहीं करते हैं। यह प्लेटफ़ॉर्म लेख जानकारी की सटीकता, पूर्णता और समयबद्धता की गारंटी नहीं देता है, न ही यह लेख जानकारी के उपयोग या निर्भरता के कारण होने वाले किसी भी नुकसान के लिए उत्तरदायी है।