Are Wall Street Analysts Bullish on Uber Technologies Stock?

Valued at a market cap of $168.8 billion, Uber Technologies, Inc. (UBER) is a technology company that operates a multi-sided platform connecting consumers with independent drivers, couriers, and merchants. The San Francisco, California-based company’s core businesses include mobility, delivery, freight, and retail. 

This mobility company has outperformed the broader market over the past 52 weeks. Shares of UBER have surged 19.8% over this time frame, while the broader S&P 500 Index ($SPX) has gained 16.1%. However, on a YTD basis, the stock is down marginally, lagging behind SPX’s 1.9% return.