UBER - Uber Technologies Inc.

Uber is now cash-flow positive (FCF of $10B last year), with a dominant network effect and expansion into delivery. The host's valuation shows a low price of $86, middle of $150, high of $255 vs current $72, implying ~19.5% annual return. Risks include self-driving competition and macro headwinds.

Uber is growing its free cash flow and operating income despite market fears over self-driving cars. The host sees partnerships with autonomous vehicle companies as an opportunity. He uses a cash-secured put to target a buy price of $65 (strike) for a 16.8% annualized return.

Uber to downside; watch for break below $71.80 for continuation.

Not too hot; watch for downside continuation if it breaks below $71.80.

Stock rose 6% on new Uber Eats retail partnerships expanding into skincare, office supplies, sporting goods, art materials, and pet products. Nancy Pelosi also disclosed bullish call purchases. Stock trading around $73.85, well below all-time high of ~$120 from September 2025. Host sees potential continuation but notes stock has been struggling.

Paul ran Uber through his stock analyzer and got a middle price target of $150 (vs ~$73 current), implying a 19% annualized return. He likes the 20% trip growth, 21% gross bookings growth, 57% operating income growth, $10B free cash flow, and the fact that free cash flow exceeds net income. He notes Uber One hit 50 million members driving half of platform spending. He says it warrants spending more time on and discussing in the community.

Uber is mentioned as being down 14% YTD and near its 52-week low. It's listed among the names the host is watching but is not analyzed in depth in this video.

Listed among the 10 stocks with potential for 15%+ annualized returns over the next 10 years based on Paul's assumptions.

Host is less excited about Uber's growth. Mobility revenue only grew 4.65% while delivery grew 34%. Growth is almost exclusively from delivery now. Competition from Lyft, Waymo, and Tesla in mobility. Host says he's 'off of Uber'.

Strong Q1 2026 with 3.6B trips (up 20%), $53.7B gross bookings, $2.3B free cash flow. Profit margin jumped from 6.5% to 15.9%. Trading at 18 times earnings with strong growth. Bill Ackman holds it as his #1 position. Intrinsic value middle estimate of $176 vs current $75 suggests significant upside.