Uber upgraded at KeyBanc ahead of earnings

The analysts made a move as Uber prepares to report earnings next week.while advertising provides a lever to keep prices low to drive volumes,” the analysts wrote in a note.

“We are more comfortable projecting a mid-teens growth profile with a path to $7.7B in EBITDA by 2025E, making valuation undemanding at a 2025E EV/EBITDA of 11.9x vs. peer Airbnb at 16.5x,” they added.) as they would like to see more clarity on how insurance renewals roll through the model signs of durable volume growth before turning more bullish on the name.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.

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