100% imo theyre seeing the competitor fail and learn from their mistakes. once they copy their business plan and come out with their own they will skyrocket as u said
Great work Prof! this drop was golden opportunity to add if you believe in Uber, and I do! Uber is so popular, its a force, and self-driving car will come to its platform for sure!
It could be a horrible purchase as well. It depends on how they adapt with the times I feel they’re behind . Could be a niche company here and gone within a short time . They will still have the food delivery
Uber is at point of creating strong networking effect, if their ads will be at least half as effective as google ad sense (I've came across revenue 60$ per user per year) then we're talking about 4.5bln$ of basically clear profit per year (150mln users) We have to remember though that total retained earnings for uber is -27.6bln$ so they have plenty of money to earn to be called a profitable business
Top line growth on par. Uber is globally dominant. Grab is SEA dominant. Uber already profitable. Grab not yet. Uber PS ratio half of that of Grab. It’s no brainer
I had to already pause because you said full self driving good be good for Uber they can license it and use it…. But I don’t see that as good because they’d now have to spend money on fleets of cars whereas their current drivers bring their own car . Self driving isn’t going to replace uber or people there is still going to be people driving along side self driving vehicles . The self driving robot taxi is going to generate the most profit so over time uber will fail unless they come up with a plan to release their own fleet of cars and again that’s another expensive task and it’s new for them lots to learn , problems will arise, they’ll probably just buy robo taxis and put uber stickers on them. Thinking long on uber , their model will be dead within the next 10 years and they’ll have to have fleets of cars and then they have to lease land / storage for the cars , clean and maintain , it’s another business . They’re probably done. I feel like Tesla would destroy this sector cause they have economies of scale they can blast these cars out for cheap . Can’t compete with that and they also own the self driving technology. Sad part is uber provided good extra income for people. They might only have the food delivery after .
Personally, I don't think it is undervalued, however with the recent exit of GM Cruise from the market, and the tremendous backlash against Elon (and it will get worse), it think it has a chance now
not true. if uber competes, their price will skyrocket. Uber. is already a trustworthy brand. its not like its some brand new company... Waymo cars are being vandalized in my area. imo i think uber is waiting and seeing how the markket responds to the driverless cars.. i think in 5 years or more it may be more common, not now tho..
As a customer, I would never use autonomous robotaxi, prefer to uber if I had the choice, despite price differences.. don’t trust it. And it will take at least a decade at least to change the majority of people’s habits.
@@BullRunBytes I would see the data first, and if it's proven to be as safe or safer than human, I'll take it. I often don't trust human drivers. Especially at 3am I don't know if the driver has taken proper sleep or not
I got Mary Macdonald recommendations on ABC News in December 2022 and started following her lead and made $23,450 in two week. Lost my job in April 2022 and right now I'm back on top again and I always win with her guidance.
Once Uber anounces a solid plan for driverless trips the stock will soar like crazy
100%
imo theyre seeing the competitor fail and learn from their mistakes. once they copy their business plan and come out with their own they will skyrocket as u said
Great work Prof! this drop was golden opportunity to add if you believe in Uber, and I do! Uber is so popular, its a force, and self-driving car will come to its platform for sure!
these 'disruption' narratives have hit before and check out what happens shortly after..
Nice additional 5% drop :D
its a very good buying opportunity. i like lyft too, but in a segment with perceived competitive threats, i only want to own the biggest.
It could be a horrible purchase as well. It depends on how they adapt with the times I feel they’re behind . Could be a niche company here and gone within a short time . They will still have the food delivery
Great video @ Parkev!
Glad you liked it!
Just wanted to put RCAT on your radar.
Please make a video on Soundhound AI
Do you ever do technical analysis for price levels/trends? I never see them in your videos.
😂in stock market technical analyses is bullshits
Great analysis 👍
Thanks!
Uber is at point of creating strong networking effect, if their ads will be at least half as effective as google ad sense (I've came across revenue 60$ per user per year) then we're talking about 4.5bln$ of basically clear profit per year (150mln users)
We have to remember though that total retained earnings for uber is -27.6bln$ so they have plenty of money to earn to be called a profitable business
Thank you sir 🙏
Most welcome
Thank you, great review. Please make an update video on MNDY. Do you still consider it a good buy?
By far the most frustrating stock in my portfolio I had to cut it off in a bull market for not performing
Thank you professor!
You are welcome!
Thank you!
Welcome!
Is it possible Uber to create partnership with Tesla robotaxi?
Yes.
Possible? Yes. Probably? No
Yes it is!
Awesome!!!
Thank you! Cheers!
Thank you Proffy! Uber VS Grab?
Great Recommendation
Top line growth on par. Uber is globally dominant. Grab is SEA dominant. Uber already profitable. Grab not yet. Uber PS ratio half of that of Grab. It’s no brainer
Fantastic! Keep up the great work Parkev!
BAH, CCI, DUOT, HIVE?
I had to already pause because you said full self driving good be good for Uber they can license it and use it…. But I don’t see that as good because they’d now have to spend money on fleets of cars whereas their current drivers bring their own car . Self driving isn’t going to replace uber or people there is still going to be people driving along side self driving vehicles . The self driving robot taxi is going to generate the most profit so over time uber will fail unless they come up with a plan to release their own fleet of cars and again that’s another expensive task and it’s new for them lots to learn , problems will arise, they’ll probably just buy robo taxis and put uber stickers on them. Thinking long on uber , their model will be dead within the next 10 years and they’ll have to have fleets of cars and then they have to lease land / storage for the cars , clean and maintain , it’s another business . They’re probably done. I feel like Tesla would destroy this sector cause they have economies of scale they can blast these cars out for cheap . Can’t compete with that and they also own the self driving technology. Sad part is uber provided good extra income for people. They might only have the food delivery after .
Personally, I don't think it is undervalued, however with the recent exit of GM Cruise from the market, and the tremendous backlash against Elon (and it will get worse), it think it has a chance now
I wouldnt bet on it. Once tesla robotaxis come out no one would want to use uber anymore
not true. if uber competes, their price will skyrocket. Uber. is already a trustworthy brand. its not like its some brand new company...
Waymo cars are being vandalized in my area. imo i think uber is waiting and seeing how the markket responds to the driverless cars.. i think in 5 years or more it may be more common, not now tho..
The stockmarket is not about now, but the future. Thats the reason Uber is crashing so hard. And will drop even more.
As a customer, I would never use autonomous robotaxi, prefer to uber if I had the choice, despite price differences.. don’t trust it. And it will take at least a decade at least to change the majority of people’s habits.
@@BullRunBytes I would see the data first, and if it's proven to be as safe or safer than human, I'll take it. I often don't trust human drivers. Especially at 3am I don't know if the driver has taken proper sleep or not
Hit $179k today, Thanks for the knowledge and nugget you have thrown my way over the last month .
I would really love to know how much work you did put in to get to this stage.
I got Mary Macdonald recommendations on ABC News in December 2022 and started following her lead and made $23,450 in two week. Lost my job in April 2022 and right now I'm back on top again and I always win with her guidance.
Please, how do I reach with Mary mcDonald? I would appreciate if you show me how to go about it
Please, how do I reach with Mary mcDonald? I would appreciate if you show me how to go about it
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