Uber’s strong Q4 results are overshadowed by concerns about future profitability and margin compression. Banks lower price targets due to weak guidance. Despite solid revenue and bookings growth, stock drops 6%. Investment in tech and AV expansion raise questions about increasing expenses and long-term growth potential. Analysts cut price targets post-earnings, citing lower EPS expectations and concerns over EBITDA growth. BoA sees opportunity in AV but adjusts target downward. Wedbush and Goldman Sachs also lower targets while maintaining ratings. AV expansion plans and cost savings drive optimism for future growth.
Read more at Yahoo Finance: Bank of America resets Uber stock price after earnings
