) steps into the earnings spotlight tomorrow, with investors focused on the ride-sharing and delivery giant's growth trajectory. Key metrics like revenue and booking figures will be under scrutiny to gauge the company's performance in the first quarter.
By the way, are you looking to pick quality stocks ahead of earnings? our predictive AI stock-picking tool can prove a game-changer.Investors are eagerly awaiting Uber's earnings report, anticipating record revenue for Q1. But their focus extends beyond just revenue figures to these two key metrics:: Analysts expect a significant 20% year-over-year increase in gross bookings, potentially reaching $38 billion.
On the upside, technical indicators suggest a medium-term target range of $86-$91. However, a weekly close below $67 could signal a correction, potentially pushing the stock below $60.
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