If you are wondering whether Uber Technologies shares are offering fair value at around US$79.78, it helps to line up what the current price is actually implying about the business.
The stock has seen a 5.3% decline over the last 7 days and a 2.1% decline over the last 30 days, while still showing a 19.5% return over 1 year and a 153.4% return over 3 years.
Recent headlines around Uber Technologies have focused on its position as a major player in global ride hailing and food delivery, as well as ongoing discussions about regulation and competitive pressure in those markets. These themes give context to why the share price can move sharply when sentiment around growth, competition or costs shifts.