UBER
Kofi Asante, founder of Uber Technologies Inc.
Article Summary
HOLD- Kofi Asante, founder of Uber Technologies Inc. (NYSE: Uber) raised $10 million in funding for Bluecore Energy, making him the first African-American founder of a U.S. nuclear company.
- Uber Technologies aims to build floating nuclear reactors to provide low-cost, zero-emission power to ports, utilities, data centers, and other critical infrastructure.
- Asante previously served on Uber's freight strategy team before launching Powerloop, which he credits with giving him an understanding of rapid scaling.
- Bluecore is developing modular reactors that could power 15,000 homes or scale to meet power needs of major ports, with reactors designed to be fueled once for years of operation and paired together for scale.
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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 ? | 5.2% | 25% | 20.0 ptsWeak (5.2%) - Low expectations |
| Target Price Upside ? | 46.5% | 20% | 95.0 ptsHuge Upside (46.5%) - Target: $104.66 vs Current: $71.46 |
| Gross Margin % ? | 34.2% | 15% | 40.0 ptsModerate (34.2%) - Adequate margins |
| Drawdown from 52-Wk High ? | -29.9% | 15% | 80.0 ptsSolid Dip (-29.9%) - 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.
- Uber Technologies, Inc. has staetegic partnership with Mews to embed ride booking, real-time tracking and integrated billing directly into the Mews platform.
- 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.