Reported 2 days ago
Uber has transitioned from a cash-burning startup to a profitable global platform with multiple growth avenues across mobility, food delivery, and logistics. Despite its share price more than doubling and a trailing price-to-sales ratio of 4.6 raising concerns about overvaluation, the company's robust profitability and diversified business model suggest that its premium valuation may be warranted. Investors should consider Uber's ability to maintain growth and expand margins rather than solely focusing on the stock's price metrics.
Source: YAHOO