Uber: The Business Grew While The Multiple Fell By Half

Impact · against what's priced in

Uber's stock faces immediate downward pressure due to Q4 guidance missing consensus, which reinforces the market's current skepticism regarding growth. While the AV network is scaling, these gains are largely offset by the confirmed driver shortages already baked into the price.

UBER−0.30

Challenges what's priced in

The price assumes

Revenue growth deceleration to low-single-digits

Q4 guidance falling below consensus provides a concrete catalyst for the revenue growth deceleration the market is already pricing in.

What UBER's price assumes · Sep 11

• guidance▲7%
• earnings▲2%
• UBER
• autonomous vehicles
• av
• free cash flow
• mobility
• ride sharing