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What Analysts Think of Uber Stock Ahead of Earnings

1. Uber's Q4 revenue projected to grow 18% to $11.76 billion, but profits declined. 2. Analysts maintain a bullish stance, consensus price target $90.50, 35% above recent levels. 3. Concerns over autonomous vehicle rollout seen as overdone, likely improving visibility this year. 4. Partnerships with AV companies like Waymo and Nvidia may enhance competitive positioning. 5. Uber's stock was flat over the past year but gained 11% in January.

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FAQ

Why Bullish?

Analysts' bullish ratings could drive investor sentiment positively, similar to past earnings reports boosting stock prices.

How important is it?

The earnings report and analyst forecasts are critical for UBER's stock outlook amidst competitive pressures.

Why Short Term?

Upcoming earnings report will have immediate effects, aligning with past performance trends around earnings.

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