ride-hailing

Uber Technologies Inc. (NYSE: UBER) continued to find some sell-side appreciation on Monday despite ongoing investor squeamishness over a disappointing second quarter report last week in which it missed revenue and earnings estimates.  JMP Securities on Monday joined a small chorus of analysts...

Uber Technologies Inc (NYSE: UBER) disappointed investors by missing top- and bottom-line expectations Thursday, but several sell-side analysts found reasons to remain bullish on the stock. Uber reported a second-quarter loss per share of $4.72, larger than expected, on lower-than-anticipated...

Uber Technologies Inc. (NYSE: UBER) stock fell in after-hours trading Thursday following a second-quarter report that showed a wider-than-expected loss of $4.72 per share versus a consensus estimate of a $3.20 per share loss.  Uber's quarterly revenue rose 14% from $2.7 billion in the...

The ride-hailing industry is on a path to profitability sooner than some may think, with a huge untapped market left to capture, Evercore ISI said Thursday. The firm started coverage of the industry with bullish takes on the two main players: Uber Technologies Inc (NYSE: UBER) and LYFT...

Will there be a changing of the guard in who gives rides to Buckingham Palace? Uber Technologies Inc. (NYSE: UBER) got a new competitor for ride-hailing in London with Bolt returning to the market. The new competition is more bad news for Uber following high profile executive departures. Bank of...

Ride-hailing company Uber Technologies Inc (NYSE: UBER) would prefer its investors focus on its "core platform contribution profit" line rather than its operating loss, because these "unusual alternatives" for measuring performance look much better, The Wall Street Journal...

Shares of Uber Technologies Inc (NYSE: UBER) have delivered weak performance since the ride-hailing company's Friday IPO, reflecting investor concerns around its business model, according to D.A. Davidson. Recent discussions with investors suggest a significant change in sentiment related to...

Ride-hailing company Uber Technologies Inc (NYSE: UBER) saw its shares trade on a public market for the first time Frida.  On top of opening for trade below its IPO price of $45, shares of Uber ended the day lower by more than 7 percent, with the selling momentum carrying over to Monday...

Ahead of Uber's planned initial public offering Friday, many of its drivers are participating in a one-day strike Wednesday to protest unfair wages and conditions. What Happened Uber's independent contractors are teaming up with those from rival ride-hailing platform Lyft Inc (...

Multiple sell-side analysts issued buy recommendations on LYFT Inc (NASDAQ: LYFT) Tuesday with the expiration of a waiting period for banks that worked on Lyft's IPO to offer advice on the stock. Lyft is down nearly 20 percent from its opening price of $72 in late March, so buy...

The prospects for a big pick-up in profit for LYFT Inc. (NASDAQ: LYFT) may be further down the road, when the company can use driverless cars, according to KeyBanc Capital Markets.  The Analyst Andy Hargreaves initiated coverage of Lyft with a Sector Weight and $67 fair value estimate. ...

LYFT Inc. (NASDAQ: LYFT) shares have dropped in price since the ride-hailing company's IPO, making the stock one of the most attractive on the market, Credit Suisse said in a bullish initiation Tuesday.  The Analyst Credit Suisse analyst Stephen Ju initiated coverage of Lyft with an...

LYFT Inc (NASDAQ: LYFT) is trading down more than 16 percent off its March IPO price, offering what Raymond James considers an “attractive entry point.” The Analyst  Justin Patterson initiated coverage of Lyft with an Outperform rating and $85 price target. The Thesis By...

Ahead of a planned initial public offering in the coming months, ride-hailing company Uber spent $3.1 billion to buy Middle Eastern rival Careem. What Happened Uber and rival Lyft's story is a tale of "David versus Goliath," tech investor Ann Winblad told CNBC Tuesday. While some...

Lyft is taking its advocates on a wild ride this week. While announcing a multiyear, self-driving technology partnership with Magna International Inc. (USA) (NYSE: MGA), management unveiled plans for a monthly subscription model. The subscription program, which The Verge said would shift the...