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Markets · Investing · Business
Finance
Should You Buy Uber Stock Before Aug. 5?
The world's top ride-hailing company is still growing rapidly.
Uber(NYSE: UBER), the world's largest ride-hailing company, will post its second-quarter earnings report on Aug. 5. Analysts expect its revenue and adjusted EPS to grow 13% and 23%, respectively. Should you buy Uber's stock before it posts that report?
Image source: Uber.
Uber's stock has declined nearly 20% over the past 12 months, even though its monthly active platform consumers (MAPCs), total trips, and gross bookings all continued to rise.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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