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The results were "a huge step forward" for Uber and it "shows the business model is starting to hit another gear," wrote Daniel Ives of Wedbush.
With the better-than-expected results, Uber's stock could trade above its IPO price for the first time in more than eight months since going public.
‘One of our favorite stocks in 2020’: Uber reports earnings today after market close. Here’s what 4 Wall Street analysts are talking...
Uber shares have shed as much as 18% since listing on the public market in May 2019. Still, Wall Street analysts love the stock.
UBS believes Uber is "the clear #1 player in North America," and a top player in markets where it operates outside of North America.
"The controversy is around profit potential, heightened by the largest loss profile of almost any IPO," wrote Mark Mahaney of RBC Capital Markets.
Shares of the company fell as much as 6% in after-hours trading on Monday after third-quarter earnings disappointed Wall Street investors.
Uber is set to report 3rd-quarter earnings on Monday. Here’s what 6 Wall Street analysts are saying ahead of the report.
After Lyft's rosy results, Wall Street is expecting that Uber will show a similarly strong quarter as the competitive landscape cools down.
From not turning a profit, to being beat by competitors on self-driving cars, here's what's keeping Wall Street analysts up at night.
A major chunk of that loss was because of two things: stock-based compensation and driver rewards, both stemming from the company's IPO in May.
Uber just reported massive losses that were larger than Wall Street expected — and the stock is sinking
The ride-hailing giant's total losses and revenue fell short Wall Street's expectations, and the stock was down as much as 12% in after-hours trading.