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Posted by
Two Blokes Apr 29 -
Filed in
Stock
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3 views
Uber's strong network effects and exclusive Waymo partnership position it as a key player in the autonomous vehicle market, enhancing its long-term growth prospects. Uber's core business segments, Mobility and Delivery, are performing well, showing significant year-over-year growth and strong operating leverage. At a 23x forward P/E, Uber is undervalued relative to its growth prospects, with a price target of $130, indicating a 70% upside.