Uber's Q3 Review: Analysts See Opportunity Amid Growth Slowdown, Strong Margins, And Expanding Autonomous Vehicle Partnerships

Multiple analysts rerated Uber Technologies, Inc UBER after Thursday’s quarterly print amid an exciting earnings season.The ride-hailing giant reported fiscal third-quarter 2024 revenue growth of 20% to $11.188 billion, topping the analyst consensus of$10.97 billion.Revenue from Mobility grew to $6.41 billion, up 26$3.47 billion, up 18%, and Freight was $1.31 billion, up 2%.Also Read: Nvidia’s Run:ai Acquisition Draws European Regulatory Scrutiny On Competition ConcernsJMP Securities analys ...