Uber: Undervalued Despite Autonomous Driving Disruption Fears
Summary
Uber's strong execution, scale, and brand power drive robust growth across Mobility, Delivery, and Freight, supported by...
Uber's strong execution, scale, and brand power drive robust growth across Mobility, Delivery, and Freight, supported by expanding user base and subscription offerings. Strategic partnerships in autonomous vehicles position Uber to benefit from industry disruption, despite risks from emerging AV competitors and potential platform disintermediation. Financials are impressive: double-digit revenue and profit growth, rising free cash flow, operating leverage, and a substantial share repurchase program enhance shareholder value.