Is Uber Overvalued After Its Strong Earnings Report?
Following Uber's recent earnings report, the question arises: is Uber overvalued after posting robust financial results? In its latest earnings release for the fourth quarter of 2024, Uber Technologies, Inc. (UBER) demonstrated significant growth, reporting a 20% year-over-year increase in revenue, reaching $12.0 billion, alongside an impressive increase in adjusted EBITDA by 44% to $1.8 billion.