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Should You Buy Uber Stock Before Aug. 5?

The Motley Fool·
Should You Buy Uber Stock Before Aug. 5?

Uber is set to report Q2 earnings on Aug. 5 with expected revenue and adjusted EPS growth of 13% and 23%, respectively. Despite a 20% stock decline over the past 12 months, the company continues to show strong operational growth with 199 million monthly active users, 3.6 billion trips, and 50 million Uber One subscribers. Analysts project 12% revenue and 29% adjusted EBITDA growth for the year, and at 13x adjusted EBITDA, the stock appears undervalued for long-term investors.

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