Is it worth investing in Uber

**Uber's current financial and market position suggests caution for investors.** Here's why:

1. **Financial Performance**: Uber's recent financials show a significant increase in net income and diluted EPS growth. The company reported a net income of $2.6 billion and a diluted EPS of $1.2, which represents a 1086.76% growth in net income and a 1100% growth in diluted EPS compared to the previous year. However, the 3-year CAGR for net income and diluted EPS is negative at -123.59% and -118.71%, respectively. This indicates a recent improvement but a long-term decline in profitability.
|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|code|market_code|
|---|---|---|---|---|---|---|---|
|UBER.N|Uber Technologies|20231231|183.33333333333331|15.440920181247822|127.58620689655176|UBER|169|
|UBER.N|Uber Technologies|20240331|-322.2929936305733|14.824889493369604|-300|UBER|169|
|UBER.N|Uber Technologies|20240630|155.83756345177665|15.926327193932826|161.11111111111111|UBER|169|
|UBER.N|Uber Technologies|20240930|1086.7579908675798|20.40464916056823|1099.9999999999998|UBER|169|

|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|code|market_code|
|---|---|---|---|---|---|---|---|
|UBER.N|Uber Technologies|20211231|191.37214137214139|82.55924170616113|181.48148148148147|UBER|169|
|UBER.N|Uber Technologies|20220331|-4750.819672131148|136.1005856011023|-4966.666666666667|UBER|169|
|UBER.N|Uber Technologies|20220630|-335.2517985611511|105.47213031305675|-329.3103448275863|UBER|169|
|UBER.N|Uber Technologies|20220930|50.635506355063555|72.19814241486068|52.34375|UBER|169|
|UBER.N|Uber Technologies|20221231|-31.74061433447099|48.96157840083074|-34.09090909090909|UBER|169|
|UBER.N|Uber Technologies|20230331|97.34707671510645|28.727750218850307|97.36842105263158|UBER|169|
|UBER.N|Uber Technologies|20230630|115.0611620795107|14.331723027375201|113.53383458646616|UBER|169|
|UBER.N|Uber Technologies|20230930|118.18936877076412|11.374805225937912|116.39344262295081|UBER|169|
|UBER.N|Uber Technologies|20231231|183.33333333333331|15.440920181247822|127.58620689655176|UBER|169|
|UBER.N|Uber Technologies|20240331|-322.2929936305733|14.824889493369604|-300|UBER|169|

|Ticker|Name|Date|Total Revenue YoY|Total Revenue|code|market_code|
|---|---|---|---|---|---|---|
|UBER.N|Uber Technologies|2023 Q4|15.440920181247822|9.936E9|UBER|169|
|UBER.N|Uber Technologies|2024 Q1|14.824889493369604|1.0131E10|UBER|169|
|UBER.N|Uber Technologies|2024 Q2|15.926327193932826|1.07E10|UBER|169|
|UBER.N|Uber Technologies|2024 Q3|20.40464916056823|1.1188E10|UBER|169|

|Ticker|Name|Date|Net Income YoY|Net Income|code|market_code|
|---|---|---|---|---|---|---|
|UBER.N|Uber Technologies|2023 Q4|183.33333333333331|1.7E9|UBER|169|
|UBER.N|Uber Technologies|2024 Q1|-322.2929936305733|-6.63E8|UBER|169|
|UBER.N|Uber Technologies|2024 Q2|155.83756345177665|1.008E9|UBER|169|
|UBER.N|Uber Technologies|2024 Q3|1086.7579908675798|2.599E9|UBER|169|

|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|code|market_code|
|---|---|---|---|---|---|---|
|UBER.N|Uber Technologies|2023 Q4|127.58620689655176|0.66|UBER|169|
|UBER.N|Uber Technologies|2024 Q1|-300|-0.32|UBER|169|
|UBER.N|Uber Technologies|2024 Q2|161.11111111111111|0.47|UBER|169|
|UBER.N|Uber Technologies|2024 Q3|1099.9999999999998|1.2|UBER|169|

2. **Market Position and Growth Prospects**: Uber is a leading player in the ride-hailing and food delivery markets, with a 25% market share in ride-hailing and significant growth in the delivery segment. The transportation-as-a-service (TaaS) market is expected to grow due to technological advancements and increasing demand for on-demand, affordable, and eco-friendly transport solutions. However, the entry of competitors like Waymo into the market could impact Uber's dominance.
3. **Valuation and Analyst Sentiments**: The current price target for Uber is $60.32, with a dividend yield of 0%. Analysts have set a range of price targets, with recent changes indicating a mixed outlook. It's important to note that while some analysts are bullish on Uber's growth potential, others have expressed caution due to potential long-term risks.

4. **Technical Indicators**: Uber's technical indicators show a MACD of 0.46, an RSI of 29.73, and a KDJ of 22.18, indicating it is currently oversold. The stock is trading below its 5-day, 10-day, and 20-day moving averages, which could suggest a short-term downward trend.
|Ticker|Name|Date|Boll|RSI|KDJ|MACD|code|market_code|
|---|---|---|---|---|---|---|---|---|
|UBER.N|Uber Technologies|20241231|62.9390|29.7342|22.1795|0.4571|UBER|169|

|Ticker|Name|Date|Moving Average|code|market_code|
|---|---|---|---|---|---|
|UBER.N|Uber Technologies|20241231|61.0980|UBER|169|

5. **Moving Averages**: The stock is also trading below its 30-day, 50-day, and 60-day moving averages, which could indicate a bearish trend. However, it is above its 120-day, 200-day, and 250-day moving averages, which may suggest a potential bottoming out of the stock price.

In conclusion, while Uber shows potential for growth due to its market position and technological advancements in the TaaS market, the negative 3-year CAGR for diluted EPS and the recent decline in stock price relative to moving averages suggest a cautious approach. Investors should weigh these factors against their investment strategy and risk tolerance before making a decision.