Uber Technologies Inc
UBER: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $43.00 | Hsqvlb | Lbjbfsyjt |
Uber Reports a Strong Q4; Expecting Quarterly GAAP Profitability in 2023; Shares Undervalued
Business Strategy and Outlook
Uber has become the largest on-demand ride-sharing provider in the world (outside of China). It has matched riders with drivers completing trips over billions of miles and, at the end of 2022, had 131 million customers using its ride-sharing or food delivery services at least once a month. In light of Uber's network effect between riders and drivers, as well as its accumulation of valuable user data, we believe the firm warrants a narrow moat rating.