ride share

Wells Fargo has started its coverage of the large cap internet sector by assigning an Overweight rating to UBER Technologies, Inc. (NYSE:UBER), while providing Equalweight ratings for Lyft, Inc. (NASDAQ:LYFT) and Doordash, Inc. (NYSE:DASH). A team of equity analysts, led by Ken Gawrelsky, at the U....

Wedbush Securities on Tuesday initiated coverage on multiple stocks in the Online Travel and Mobility sector, signaling potential upside for all of them, with Booking Holdings Inc (NASDAQ:BKNG) being assigned to the Wedbush Best Ideas List. The Wedbush Analyst: Scott Devitt initiated coverage on...

Ride-sharing service Lyft Inc (NASDAQ: LYFT) reported first-quarter financial results after market close. Here are the key highlights. What Happened: The San Francisco-based company reported first-quarter revenue of $1 billion, up 14% year-over-year. According to data from Benzinga Pro, the revenue...

Mobility company Uber Technologies (NYSE: UBER) reported first-quarter financial results, with revenue beating consensus estimates from analysts. Here’s a look at what analysts are saying after the report. The UBER Analysts: RBC analyst Brad Erickson has an Outperform rating and a price...

Uber Technologies Inc (NYSE: UBER) reported better-than-expected quarterly results on Tuesday showing strong bookings growth.  CEO Dara Khosrowshahi detailed the company's acceleration following the print. What Happened: Uber reported first-quarter revenue of $8.82 billion, which...

Uber Technologies Inc (NYSE: UBER) CEO Dara Khosrowshahi delivered on his bombshell memo to employees back in May of last year, saying the rideshare giant would cut costs and treat hiring like a “privilege,” as the company was addressing a shift in investor sentiment. What Happened:...

Ride share company Lyft Inc (NASDAQ: LYFT) reported third-quarter financial results after hours Monday. Here is a look at where analysts stand after the earnings report. The Lyft Analysts: Morgan Stanley analyst Brian Nowak has an Equal Weight rating on Lyft and lowered the price target from $...

Ride-share company Lyft Inc (NASDAQ: LYFT) reported third-quarter financial results after market close Monday. Here are the key highlights. What Happened: Lyft reported third-quarter revenue of $1.05 billion, up 22% year-over-year. The revenue total missed a Street estimate of $1.06 billion...

Wedbush analysts see a buying opportunity in shares of Uber Technologies Inc (NYSE: UBER) after the rideshare company posted strong quarterly results showing it's gaining momentum into 2023. What Happened: Uber reported third-quarter revenue of $8.3 billion, which was up 72...

Ride-share company Lyft Inc (NASDAQ: LYFT) reported second-quarter financial results after the market close Thursday. Here are the key highlights. Lyft's Q2 Report: Lyft reported second-quarter revenue of $990.7 million, up 30% year-over-year and up 13% on a quarter-over-quarter basis. The...

Ride-share drivers are turning to renting or buying electric vehicles. The move, which was being done to help combat high prices for gas at the pump, is turning into higher tips for some drivers as well. What Happened: Uber driver Heidi Barnes upgraded from a 2009 Toyota Camry from Toyota Motors (...

Walt Disney Co. (NYSE: DIS) and LYFT Inc (NASDAQ: LYFT) have teamed up again to bring Minnie Vans back to Walt Disney World, US News has reported. What Happened: In 2017, the ride-share company originally teamed up with Disney Parks to provide guests an exclusive way to travel around the...

Although Uber Technologies Inc’s (NYSE: UBER) Investor Day highlighted growth drivers, the company’s 2024 adjusted EBITDA target came in short of consensus, according to Wedbush. The Uber Technologies Analyst: Ygal Arounian reiterated an Outperform rating for Uber Technologies while...

Uber Technologies Inc (NYSE: UBER) shares are trading higher Tuesday after CEO Dara Khosrowshahi's participation in a discussion hosted by UBS. Khosrowshahi reportedly said he is confident Uber will come in at the top half of its guidance for the fourth quarter. Uber was up 4.77% at $...

Uber Technologies Inc (NYSE: UBER) is trading higher today after the company announced its third-quarter financial results. The stock initially traded lower on the report, but has since recovered and is currently trading near one-month highs. What Happened: Uber reported a quarterly adjusted...