Where Will Uber Technologies Stock Be in 5 Years?

Uber (NYSE: UBER), the world's largest ride-hailing service provider, went public six years ago at $45 per share. Its stock slumped below its initial public offering (IPO) price in its first four years as the pandemic throttled its growth and rising rates squeezed its valuations, but it now trades at about $84.Uber's business recovered as its ride-hailing and delivery services continued to expand; it divested its money-losing overseas and autonomous driving units; and it expanded its sticky subscription platform. Will its stock soar even higher over the next five years?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool