Only a few years ago, Uber was losing a couple of billion dollars each year, had billions of dollars in debt, and needed an actual path to profitability. I thought Uber was going bankrupt.
But things have changed! DRASTICALLY!
Uber is profitable and generated almost one billion dollars in free cash flow in a quarter. The company is also expected to join the S&P 500 index on December 18th, 2023, and things are looking GOOD on the financial statements.
In today's episode, I dig into what has changed inside Uber's financial statements and discuss whether Uber is a buy now.
Resources:
👉 Research Uber's stock: https://stockcard.io/UBER
📺 Watch Affirm's fundamental analysis: https://youtu.be/XilPeXYPiNo
