UBER
Uber expands its stake in Delivery Hero in 270mn deal
Article Summary
HOLD- Uber Technologies Inc. (NASDAQ: UBER) announced an additional 4.5% stake in Delivery Hero, marking the company's latest European acquisition.
- The deal values Delivery Hero at approximately $270 million, representing an additional 270 million euros in total.
- Uber Technologies is expanding its presence in European ride-hailing and delivery services, strengthening its position in a competitive market.
- Uberâ€and Delivery Hero are expanding partnerships across Europe and the U.S. as part of a broader expansion strategy.
- The acquisition reflects ongoing investor confidence in Uber Technologies's ability to monetize its platform.
Free users see 3 BUY signals per day. Premium unlocks all of them, plus instant email alerts.
See Plans
Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 18.3% | 25% | 60.0 ptsModerate (18.3%) - Decent growth |
| EPS Growth Next 5Y ? | 4.4% | 25% | 10.0 ptsVery Weak (4.4%) - Minimal expectations |
| Target Price Upside ? | 37.6% | 20% | 85.0 ptsLarge Upside (37.6%) - Target: $105.25 vs Current: $76.48 |
| Gross Margin % ? | 32.9% | 15% | 40.0 ptsModerate (32.9%) - Adequate margins |
| Drawdown from 52-Wk High ? | -25.0% | 15% | 80.0 ptsSolid Dip (-25.0%) - Good entry zone |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About UBER
- Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific.
- The company operates through three segments: Mobility, Delivery, and Freight.
- The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.
- The Delivery segment allows consumers to search for and discover restaurants to grocery, alcohol, convenience, and other retailers, as well as order a meal or other items, and either pick-up at the restaurant or have it delivered; and provides Uber direct, a white-label delivery-as-a-service for retailers and restaurants, as well as advertising services.
- The Freight segment manages transportation and logistics networks, which connects shippers and carriers in digital marketplace, including carriers upfronts, pricing, and shipment booking; and offers on-demand platform to automate logistics end-to-end transactions for small-and medium-sized businesses to global enterprises.
- The company was formerly known as Ubercab, Inc. and changed its name to Uber Technologies, Inc. in February 2011.
- Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.