ride share companies

With rising gas prices, searches for electric vehicles have soared to multi-year highs on Google. Ride-share company Uber Technologies (NYSE:UBER) is recognizing the concerns from drivers of the high gas prices and ready to offer incentives to switch to electric vehicles. Uber Rolls Out National EV...

Ride-share company Uber Technologies (NYSE:UBER) could have a new demographic to help push its revenue growth into the future: senior citizens. Here's a look at how Uber is extending its offerings in the U.S. What Happened: While most attention on Uber now centers on autonomous vehicles and...

Future Fund LLC's managing partner, Gary Black, thinks ride-hailing service Lyft Inc.'s (NASDAQ:LYFT) performance, as well as increased adoption of AVs, warrants more investment in the company. What Happened: Following Lyft's Earnings Call, Black took to the social media platform X to share his...

Ride-share and delivery company Uber Technologies (NYSE:UBER) has some Christmas deliveries that could help provide a publicity and sales bump as the stock faces pressure from autonomous driving companies. What Happened: If you're one of the Americans who prefer having a real Christmas tree each...

Since running for president in the 2020 election, Joe Biden has been known for being a major supporter of electric vehicles and pushing for changes in the automotive sector. A new statement from the White House shows Biden's continued support for clean energy with a push for federal employees to...

Mobility company Lyft Inc (NASDAQ: LYFT) reported second-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Lyft reported second-quarter revenue of $1.02 billion, which was up 3% year-over-year. Ther revenue figure came in line with a Street...

Ride-sharing service Lyft Inc (NASDAQ: LYFT) reported first-quarter financial results after market close. Here are the key highlights. What Happened: The San Francisco-based company reported first-quarter revenue of $1 billion, up 14% year-over-year. According to data from Benzinga Pro, the revenue...

Mobility company Uber Technologies (NYSE: UBER) reported first-quarter financial results, with revenue beating consensus estimates from analysts. Here’s a look at what analysts are saying after the report. The UBER Analysts: RBC analyst Brad Erickson has an Outperform rating and a price...

Leading ride-share company Uber Technologies (NYSE: UBER) recently filed several trademarks that could suggest an expansion of the company’s business to a new sector. The filings come years after the company exited the same business line. Let’s dive in. What Happened: Uber is well known...

Ride share company Lyft Inc (NASDAQ: LYFT) reported third-quarter financial results after hours Monday. Here is a look at where analysts stand after the earnings report. The Lyft Analysts: Morgan Stanley analyst Brian Nowak has an Equal Weight rating on Lyft and lowered the price target from $...

Rideshare and mobility company Uber Technologies Inc (NYSE: UBER) reported revenue growth of 72% in the third quarter. Here’s what analysts said after earnings. The Uber Analysts: RBC Capital analyst Brad Erickson had an Outperform rating and a price target of $46. JMP Securities analyst...

Wedbush analysts see a buying opportunity in shares of Uber Technologies Inc (NYSE: UBER) after the rideshare company posted strong quarterly results showing it's gaining momentum into 2023. What Happened: Uber reported third-quarter revenue of $8.3 billion, which was up 72...

Ride-share company Lyft Inc (NASDAQ: LYFT) reported second-quarter financial results after the market close Thursday. Here are the key highlights. Lyft's Q2 Report: Lyft reported second-quarter revenue of $990.7 million, up 30% year-over-year and up 13% on a quarter-over-quarter basis. The...

Ride-share drivers are turning to renting or buying electric vehicles. The move, which was being done to help combat high prices for gas at the pump, is turning into higher tips for some drivers as well. What Happened: Uber driver Heidi Barnes upgraded from a 2009 Toyota Camry from Toyota Motors (...

LYFT Inc (NASDAQ: LYFT) shares traded higher by 8.8% and Uber Technologies Inc (NASDAQ: UBER) gained 6.8% Wednesday after Lyft reported third-quarter earnings and revenue beats and said driver shortages are easing. Lyft reported third-quarter adjusted EPS of 5 cents on revenue of $864.4 million....