Key insights
- An analyst views Uber as a 'screaming buy,' believing its current valuation is a significant discount. Despite fears related to Waymo and Tesla, the analyst argues these are unfounded, highlighting Uber's marketplace position, growth metrics, international operations, vast data assets, and a growing subscription base of 50 million users. The company is characterized as a tech and data firm with a potential price target of $100 per share.
Just recently did a lot of diving into Uber. Tell me your thoughts…
I feel it’s trading at a serious discount. I know it’s trading that way because of Waymo and Tesla fears, but I feel they are unfounded.
Uber is the marketplace. They are growing like a growth stock, but not valued like one. They have plans for more than cars and food, operate internationally, have SO much data… and the ultimate goal seems to be their subscription plan… which has 50m subscribers and growing… This is a tech and data company. At a minimum $100 a share seems like a good goalpost.
This isn’t my best write up as I’m popping a squat at the moment, but I’d love to hear thoughts from the bulls and bears on this.