Uber Inc. the ride and delivery service is undervalued, according to Wolfteam Ltd.'s estimates.
Uber's market capitalization is circa 63 billion USD currently.
Uber did 31.88 billion USD in revenue for 2022 with revenue growing by 82.62 % year on year compared to the calendar 2021.
Uber's lost money with high negative net profit margin in the calendar 2022, but in the last rolling five years Uber was occasionally profitable.
Wolfteam estimates that Uber's intrinsic worth is 80 billion USD.
At the current high revenue growth rate, Wolfteam thinks that it is only a matter of time before Uber becomes profitable, be it only slightly, which will immediately increase Uber's value.
www.wolfteamedge.com
Disclaimer: The above blogpost is not a recommendation to buy or sell securities.
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