What changed
$UBER — AVOID 📊 | 6 MONTHS THESIS
🎯 Q1 2026 | Rev $13.2B | EPS $0.72 vs $0.69 🟢 | Margin 22.4%
💡 Consensus expects steady ride-hailing and delivery growth with margin expansion, reflected in a 17.8x P/E (above historical median). Our variant view is that growth is slowing faster than appreciated, autonomous vehicle disruption looms, and margins are near peak, leaving limited upside.
📉 Reward/risk: 1.1:1
🏢 Business Quality: 8/10 - Dominant global ride-hailing and delivery platform with network effects, diversified revenue, and improving unit economics, but faces competitive, regulatory, and technological disruption risks.
📊 Valuation: rich - Relative to its own history, current P/E 17.8x is at the 112th percentile, above its 5-year range of 17.2x-17.7x (median 17.5x).
📊 Our read: AVOID. Full analysis →
https://stockduty.xyz/s/UBER0622