UBER - Don't buy the dip, yet...
Analyst earnings review
Uber's IPO lock-up period over!!
- UBER had third-quarter earning results above the top- and bottom-line S&P Capital IQ consensus expectations.
- However, we still expect losses in Uber Eats, along with more aggressive investments in ATG, to delay Uber’s first full-year adjusted EBITDA until 2022.
- Analyst target: $58
Uber's IPO lock-up period over!!
- Tomorrow November 6th, 2019. Investors who got in at the IPO, can now start selling their shares.
- We could see a potential drop, as it has happened with other IPO's so far.
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