UBER’s Skyrocketing Cash Flow Signals Push Towards $100 Stock Price Target
Uber Technologies (UBER) stock is on a tear without brakes in sight. Following the company’s Q1 earnings, which dropped yesterday, the numbers were hot in the top and bottom lines. Robust growth in ridesharing and delivery, plus game-changing autonomous vehicle partnerships, keep Uber’s engine purring. Meanwhile, free cash flow is rising, turning Uber into a cash-generating beast. In fact, I’m forecasting that a $100 per share price target is closer than many investors may think, as declining sh