Uber: Consensus Q2 Estimates Point To $3.74 Billion In Revenue

Uber (NYSE: UBER) will be reporting its second quarter financial results after the market close today. Analysts have a consensus $69.11 12-month price target on the company, via a total of 44 analysts, with 17 analysts having strong buy ratings, 21 analysts having buy ratings, 5 have hold ratings and one analyst has a sell rating. The street high comes in at a $80 from Cowen and Company, and the lowest target sits at $30 from Zephirin Group.

25 analysts have revenue estimates for the second quarter. The mean revenue estimate between all 25 analysts is $3.74 billion; this number has been revised down from $4.36 billion at the start of the year. The highest revenue estimate is $4.07 billion, while the lowest is $3.37 billion.

The analyst consensus for net income for the second quarter is -$940.6 million, which is up from the start of the year at -$758.2 million. The highest net income estimate is -$723 million, while the lowest is -$1.29 billion.

Onto EBITDA estimates, there are currently 29 analysts who have second quarter EBITDA estimates. The mean is currently -$324.25 million, with this number having been revised down from -$167.6 million at the start of the year. The street high estimate currently sits at -$164 million in EBITDA and the lowest is -$574 million.

Analysts estimate that quarterly earnings per share will come in at -$0.51, with this number being revised slightly lower from -$0.43 at the start of the year. The street high is -$0.36 and the lowest estimate is -$0.71 per share for the quarter.


Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Is Gold’s Bull Market About to Hit Junior Stocks? | Ken Armstrong – Westhaven Gold

Surge Battery Metals: The Nevada North Lithium PEA

Silver @ $36 & We’re Still 200M Oz Short | Paul Andre Huet – Americas Gold and Silver

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

Canaccord Downgrades Alimentation Couche-Tard Ahead Of Q4 Results

Ahead of Alimentation Couche-Tard’s (TSX: ATD.B) fiscal fourth-quarter results, Canaccord Genuity has downgraded the company...

Tuesday, June 22, 2021, 11:36:00 AM

Organigram Holdings: Numerous Analysts Cut Price Targets On Poor Earnings

Yesterday, Organigram Holdings (TSX: OGI) (NASDAQ: OGI) released its financial statements for the third quarter...

Wednesday, July 22, 2020, 04:58:34 PM

Antibe Therapeutics: Canaccord Upgrades Price Target To $16.50

Earlier this week, Antibe Therapeutics (TSXV: ATE) announced a strategic licensing deal with Nuance Pharm...

Thursday, February 11, 2021, 04:07:00 PM

Verano Holdings: Canaccord Reiterates $35 Price Target

On April 8th, Verano Holdings (CSE: VRNO) announced their full year 2020 and fourth quarter...

Sunday, April 11, 2021, 01:45:00 PM

Canaccord Reiterates $1.75 Price Target For Mind Medicine Following Roadshow Event

This morning, Canaccord released a flash update for Mind Medicine (NEO: MMED) with highlights from...

Monday, September 28, 2020, 11:02:24 AM