To recap, Uber provides ride-hailing services and develops applications for road transportation, navigation, ride-sharing and payment processing solutions. The company operates three main segments, which are mobility, delivery and freight. All three segments are connected by Uber’s massive, efficient and intelligent network spanning millions of drivers, consumers, merchants, shippers and carriers along with underlying data, technology and shared infrastructure which enables the network to become smarter every trip and service.
Uber Technologies: +46.9%
A company that shows improvement in financials and business fundamentals while achieving financial targets is a company will likely see a sustained improvement in its share price. Uber Technologies is one such company. Uber outperformed both the Nasdaq and S&P 500 benchmarks which gained 20.6% and 10.5% respectively by returning 46.9%. Despite the significant increase in share price, we still think that the intrinsic value of the company is around 20% above its current trading price of $43.52, based on our updated in-house valuations.
