Which TaaS Stocks Is Better to Buy in 2022

Transportation as a Service, or TaaS, is a rapidly growing industry as more and more people shift towards transportation services for their daily commute. This article will discuss, in detail, companies that offer TaaS as well as various TaaS stocks to buy, comparing their prices and returns on investments.

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1. DoorDash Inc.

DoorDash is a leading food delivery company that managed to decrease its losses in the past years. The company’s revenue was $2.9 billion in 2020, with the average price of this TaaS stock remaining between $130 and $140 at the time of writing this. Full Review

  • Free delivery on orders above $10
  • Offers free trial of subscription
  • Lower delivery rates
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DoorDash is a leading food delivery company that managed to decrease its losses in the past years. The company’s revenue was $2.9 billion in 2020, with the average price of this TaaS stock remaining between $130 and $140 at the time of writing this. Full Review

Reputation

★★★★☆ 4/5

Services

★★★★★ 5/5

Price

★★★★☆ 4/5

Flexibility (adapting to changes)

★★★★★ 5/5

2. FedEx

FedEx is a name that needs no introduction. The company’s revenue was $69.22 billion in 2020 despite COVID-19, with stock prices being $306.26 at the time of writing this. On top of that, the company gives generous dividends of 0.65 to its shareholders. Full Review

  • Overnight delivery
  • Pays dividends
  • Does extremely well in the stock market
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FedEx is a name that needs no introduction. The company’s revenue was $69.22 billion in 2020 despite COVID-19, with stock prices being $306.26 at the time of writing this. On top of that, the company gives generous dividends of 0.65 to its shareholders. Full Review

Reputation

★★★★★ 5/5

Services

★★★★★ 5/5

Price

★★★★★ 5/5

Flexibility (adapting to changes)

★★★★★ 5/5

3. Uber

Uber has seen a significant increase in revenue in recent years. One big reason is its successful international presence. At the time of writing this, their average share price ranges between $40 and $50. Full Review

  • Door-to-door pickup and drop
  • Safe rides
  • Competitive pricing
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Uber has seen a significant increase in revenue in recent years. One big reason is its successful international presence. At the time of writing this, their average share price ranges between $40 and $50. Full Review

Reputation

★★★★☆ 4/5

Services

★★★★★ 5/5

Price

★★★★☆ 4/5

Flexibility (adapting to changes)

★★★★★ 5/5

4. Lyft

Lyft is well-known for its fair payments and praised customer service. It enjoys a very good reputation in general, resulting in a steady increase in stock price over the years. The average price of shares at the time of writing this is between $45 and $50. Full Review

  • Can see the estimated fare before the ride
  • Pays fairly to drivers
  • Allows priority pickup
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Lyft is well-known for its fair payments and praised customer service. It enjoys a very good reputation in general, resulting in a steady increase in stock price over the years. The average price of shares at the time of writing this is between $45 and $50. Full Review

Reputation

★★★★★ 5/5

Services

★★★★★ 5/5

Price

★★★★☆ 4/5

Flexibility (adapting to changes)

★★★★★ 5/5

5. Yandex

Yandex is a reputable company with no major controversies. In 2018, it merged with Uber in various countries including Russia. For those wanting to invest in electrified vehicles, this is a good option. Its share price at the time of writing is $70. Full Review

  • Easy to use app interface
  • Most popular TaaS service in Russia
  • Good reputation
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Yandex is a reputable company with no major controversies. In 2018, it merged with Uber in various countries including Russia. For those wanting to invest in electrified vehicles, this is a good option. Its share price at the time of writing is $70. Full Review

Reputation

★★★★★ 5/5

Services

★★★★★ 5/5

Price

★★★★★ 5/5

Flexibility (adapting to changes)

★★★★☆ 4/5

6. Matson Inc.

Matson Inc. has a very good reputation and has seen steady revenue growth thanks to it. They’re known for their overseas transportation services. The stock price is $63 at the time of publication, and the company does pay dividends. Full Review

  • Well-established company
  • Enjoys good reputation
  • Pays dividends
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Matson Inc. has a very good reputation and has seen steady revenue growth thanks to it. They’re known for their overseas transportation services. The stock price is $63 at the time of publication, and the company does pay dividends. Full Review

Reputation

★★★★★ 5/5

Services

★★★★★ 5/5

Price

★★★★★ 5/5

Flexibility (adapting to changes)

★★★★★ 5/5

7. Echo Global Logistics

Echo Global Logistics is a company with a global presence. It generated $2.5 billion in revenue in 2020, thanks to constantly updating its technology. The average stock price ranges between $30 and $35 at the time of writing this. Full Review

  • Continuously updates technology
  • Well-established network of transport
  • Dedicated customer service
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Echo Global Logistics is a company with a global presence. It generated $2.5 billion in revenue in 2020, thanks to constantly updating its technology. The average stock price ranges between $30 and $35 at the time of writing this. Full Review

Reputation

★★★★★ 5/5

Services

★★★★★ 5/5

Price

★★★★☆ 4/5

Flexibility (adapting to changes)

★★★★★ 5/5

8. Expeditors International of Washington

Expeditors International of Washington has 357 global locations and a good reputation in the market. At the end of the financial year 2021, its revenue was a whopping $11.572 billion. Its stock price is $120.66 at the time of writing, with the company paying dividends of 0.52 to shareholders. Full Review

  • Pays dividends
  • Does good in the stock market
  • Working towards sustainable transportation
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Expeditors International of Washington has 357 global locations and a good reputation in the market. At the end of the financial year 2021, its revenue was a whopping $11.572 billion. Its stock price is $120.66 at the time of writing, with the company paying dividends of 0.52 to shareholders. Full Review

Reputation

★★★★★ 5/5

Services

★★★★★ 5/5

Price

★★★★★ 5/5

Flexibility (adapting to changes)

★★★★☆ 4/5

9. GATX

GATX is one of the oldest and most popular railcar lessors globally. It had a revenue of $1.2 billion in 2020, and in February 2021, it paid dividends of 0.5. So, if you’re looking for a global name and decent dividends, you can give this one a go. Full Review

  • Pays dividends
  • More than 50% increase in stock prices last year
  • Provides effective global transportation
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GATX is one of the oldest and most popular railcar lessors globally. It had a revenue of $1.2 billion in 2020, and in February 2021, it paid dividends of 0.5. So, if you’re looking for a global name and decent dividends, you can give this one a go. Full Review

Reputation

★★★★★ 5/5

Services

★★★★★ 5/5

Price

★★★★★ 5/5

Flexibility (adapting to changes)

★★★★★ 5/5

10. Union Pacific Corporation

Union Pacific Corporation is a freight railroad transportation service company operating in 32 U.S. states. The company’s revenue was $19.305 billion at the end of the financial year 2020. With the stock price being $224.76 at the time of writing this, it’s no wonder the company gives quarterly dividends of 0.97 to shareholders. Full Review

  • Timely and safe delivery
  • Well-established transportation system
  • Does extremely well in the stock market
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Union Pacific Corporation is a freight railroad transportation service company operating in 32 U.S. states. The company’s revenue was $19.305 billion at the end of the financial year 2020. With the stock price being $224.76 at the time of writing this, it’s no wonder the company gives quarterly dividends of 0.97 to shareholders. Full Review

Reputation

★★★★★ 5/5

Services

★★★★★ 5/5

Price

★★★★★ 5/5

Flexibility (adapting to changes)

★★★★☆ 4/5

11. Facedrive

This eco-friendly company focuses on sustainable transportation and has proven capable of adapting to changes. Last year’s revenue for the company was $3,934,354. However, the stock price can fluctuate: it rose to $42 in February 2021 and is again at $14.92 at the time of writing this. Full Review

  • Eco-friendly company
  • Always adapting to changes
  • Provides both transportation and food delivery TaaS services
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This eco-friendly company focuses on sustainable transportation and has proven capable of adapting to changes. Last year’s revenue for the company was $3,934,354. However, the stock price can fluctuate: it rose to $42 in February 2021 and is again at $14.92 at the time of writing this. Full Review

Reputation

★★★★★ 5/5

Services

★★★★★ 5/5

Price

★★★★☆ 4/5

Flexibility (adapting to changes)

★★★★★ 5/5

Our Methodology 

Below we’ve listed some of the important criteria we used for our TaaS stocks evaluation.

  • Services: companies that provide TaaS offer various transportation services like food delivery, sharing vehicles, and renting vehicles. An understanding of these services helps determine the right TaaS stocks for you to invest in.
  • Reputation: While some companies have good standing in the market, others do not. A reputed company tends to attract more stock buyers, thereby increasing the price of its share. Similarly, a company with bad reviews will not attract shareholders and its average price will decrease.
  • Risk: Price fluctuation of shares can increase the risk factor involved in investing in the stock market. A company with a relatively stable stock price is considered better in terms of investments.
  • Projected profit: The projected profit is the estimated profit one would get investing in a certain TaaS company’s stock.

Detailed Reviews

DoorDash Inc.
DoorDash Inc.
DoorDash Inc.

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  • Offers free trial of subscription
  • Free delivery on orders above $10
  • Lower delivery rates
  • Has not partnered up with many restaurants
  • Stock prices fell in the past year

Founded in 2013, DoorDash is a very popular food delivery company in the United States, and it has its own TaaS app that allows people to order food. The organization has acquired various other businesses, with the most recent being ChowBotics. It has an overall good reputation, but faced a lot of criticism when it withheld a certain amount of tips from employees. The company’s revenue was $2.9 billion in 2020 with shrinking losses. However, in 2021, DoorDash increased its revenue by 69% to $4.88 billion.

Doordash understands the customer’s demand for low delivery cost as most of its customer base includes college students, although their overall customer base grew due to competitive prices.

Services

DoorDash not only provides food delivery services at a competitive rate allowing customers to order food from their favorite places, but they also set up their restaurants across the United States.

Pricing

The stock price of DoorDash stood at $193.79 at the beginning of 2021, but it has now dropped to $133.79. The company didn’t give any dividends. And the average price of this TaaS stock remained between $130-$140.

As of July 2022, the stock price of the company is $78.708.

Competition Overview

Grubhub, UberEats, and Caviar are a few of the biggest competitors of DoorDash, as all of these companies provide food delivery services.

DashDoor offers free delivery on orders above $10, and offers a free subscription trial for 30 days.

Other companies have a wider reach and have partnered up with more restaurants than DoorDash.

Pros

  • Free delivery on orders above $10
  • Offers free trial of subscription
  • Lower delivery rates

Cons

  • Stock prices fell in the past year
  • Has not partnered up with many restaurants

Before we continue: Investing can feel intimidating and can make you wonder if you should even buy TaaS stock, especially when there are so many fluctuations in price. It is important to determine if investing is a good idea before making any decisions.

You can read our full review of DoorDash here.

FedEx
FedEx
FedEx

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  • Does extremely well in the stock market
  • Overnight delivery
  • Pays dividends
  • Higher delivery rates
  • No free package pickup

FedEx is one of the most popular transportation companies in the world. Started in 1971, the company now works on a large scale, transporting goods through various modes of transportation including over 700 aircraft. The company’s revenue was $69.22 billion in 2020 despite COVID-19; FedEx enjoys the reputation of being reliable and offering fast delivery. FedEx’s yearly sales in 2021 increased by 21.3% to $83.959 billion from 2020.

To decrease their delivery time, the company bought their own aircraft rather than outsourcing goods, helping customers get their products faster.

Services

FedEx provides shipping and transportation services to customers across the world, which helps create a customer-to-customer delivery system.

Pricing

FedEx Corp. is one of the reliable TaaS stocks to invest in, as the stock price has risen from $138.48 in 2020 to $306.26 in 2021. In addition, the company gives generous dividends of 0.65 to its shareholders. In 2022, the stock price of the company is $231.35.

Competition Overview

FedEx remains in competition with other major courier services like UPS.

FedEx gains an upper hand as it works on a global scale, ensuring fast delivery using its own methods of transportation, including an overnight delivery feature.

Other companies have more competitive delivery rates.

Pros

  • Overnight delivery
  • Pays dividends
  • Does extremely well in the stock market

Cons

  • Higher delivery rates
  • No free package pickup
Uber
Uber
Uber

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  • Easy booking of cabs
  • Door-to-door pickup and drop
  • Competitive pricing
  • Safe rides
  • Competitive prices hurt driver’s income
  • Surge-pricing

Uber is one of the most popular ride-sharing applications globally. Established in 2009, the company has grown tremendously and is now used in every part of the world. It has acquired various other companies like Drizly, AutoCAD, and Postmates. Uber’s revenue has increased significantly, from $0.4 billion in 2014 to $11.1 billion in 2020. Experts say that their revenue in 2020 was less than expected due to the COVID-19 pandemic, but the company enjoys a good reputation in the market, although they suffered from the biggest first-day TaaS stock price fall as soon as it became public in 2019.

Although it recovered to pre-pandemic levels in Q4 2020, the coronavirus pandemic had a significant negative impact on Uber’s ride-hailing business. During this period, Uber Eats, which saw a year-over-year revenue gain of over 200 percent, took over as the primary business.

Uber’s revenue in 2021 was $17.4 billion, up by 56% from the previous year. (source)

Uber started UberEats (read our full review here) as a food delivery service, as well as Uber Pool, a ride-sharing feature. People can not only book cabs but can also order food and share rides, reducing the fare cost and saving fuel in the process.

Services 

Uber provides on-demand cab, sharing a ride, and food delivery services, as well as cars that can even be rented.

Pricing

Uber’s TaaS share price closed at $35.26. The price has increased continuously over the year, eventually getting to $47.42. The average price ranges between $40 to $50; The company does not pay dividends to its shareholders as of now.

As of February 2022, the UBER stock price on NYSE circled around $34.00. However, analyst estimates point to a value of between $43.00 and $80.00 during the following 12 months.

Competition Overview 

Uber is in competition with other ridesharing companies, but it has an advantage over other ridesharing companies due to its international presence. Almost every country has Uber as its most popular cab booking application, while other companies only operate in the United States and Canada.

While Uber focuses on expanding and diversifying its business globally, other ride-sharing companies have a more focused strategy, leading to long-term profits and a continuous increase in the price of shares.

Pros

  • Door-to-door pickup and drop
  • Safe rides
  • Competitive pricing
  • Easy booking of cabs

Cons

  • Surge-pricing
  • Competitive prices hurt driver’s income
Lyft
Lyft
Lyft

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  • Allows priority pickup
  • Can see the estimated fare before the ride
  • Pays fairly to drivers
  • Good reputation
  • Only operates in USA and Canada

Launched in 2012, Lyft was initially spawned from Zimride; At the time, the main focus of the company was to provide secured private ridesharing for longer distances. However, it was sold to the parent company of Enterprise Rent-A-Car so the founders could focus entirely on Lyft.

The company enjoys an excellent reputation in the market due to its fair pay policies and additional benefits, which are provided to both drivers and passengers. There has been a fall in the overall revenue of Lyft, from $3.61 million in 2019 to $2.36 million in 2020, mainly due to the pandemic. That being said, the TaaS company stock has not decreased in price.

In order to meet the needs of their customers, Lyft started shorter ride-sharing options, and also stopped taking commissions from drivers. The company also partnered up with Starbucks by giving their drivers an option to become members of the Starbucks Rewards loyalty program.

For Q1 2022, Lyft reported a contribution of $502.5 million, which is up by 49.0% year-over-year compared to Q1 2021 of $337.3 million, and down by 13.2% compared to Q4 2021 contribution of $578.8 million. The Contribution Margin for the first quarter of 2022 was 57.4%, exceeding the company’s forecast of 56.5% by approximately 200 percentage points 1.

Services 

Lyft provides both private and ridesharing options; It also provides priority pickup and an option to choose XL cars. In addition, people can also book bikes and scooters with Lyft.

Pricing

Lyft stock pricing has increased continuously since 2020, from $33.01 to $37,65 at the time of publication, with the average price of shares ranging between $45 and $50. The company does not provide any dividends to shareholders currently.

As of July 2022, the price of the LYFT stock is 14.700$, and the data indicates the asset price has been declining for the past 12 months (or since its inception).

Competition Overview

The biggest competitors of Lyft are other ridesharing companies, especially those that also operate internationally.

While Lyft only operates in the USA and Canada, it enjoys more reputation than other companies. Lyft is known to have a healthy work environment along with taking care of its customers. Similar companies have faced a setback due to their image in the market.

However, other companies like Uber have a greater advantage, as they have expanded their services to other parts of the world as well.

Pros

  • Can see the estimated fare before the ride
  • Pays fairly to drivers
  • Allows priority pickup

Cons

  • Only operates in USA and Canada
  • Good reputation
Yandex
Yandex
Yandex

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  • Most popular TaaS service in Russia
  • Good reputation
  • Easy to use app interface
  • Experiences stock price fluctuation
  • Operates only in Russia

Yandex is another transportation company, mostly working in Russia. It was launched in 2011 under the parent company Yandex N.V. Yandex merged with Uber in 2018 in various countries including Russia, although the majority of ownership remains with Yandex. It has a good reputation in the market and has never been a part of any major controversy; Its revenue has also grown significantly over the course of one year, from 45 million RUB in 2019 to 65 million RUB in 2020.

Yandex reported $1.261 billion in revenue for the three months ending in March 31, 2022, indicating a year-over-year rise of 30.49%.

The company came forward to provide ride-sharing services in Russia, along with other countries in Africa and the Middle East. Yandex also offers food delivery and is working towards electrified vehicles which self-drive. When that happens, Yandex will become one of the trusted TaaS stock options in the market.

Services

Along with ridesharing and cab booking services, Yandex also provides food delivery.

Pricing 

Yandex stock price has had some price fluctuation over the past year. The average price of Yandex stock was $40 in 2019, dipped to $33 in early 2020, and now stands at $18,94 The company does not give dividends.

As of July 2022, the stock price of the YNDX stock is 18.940$, and the data indicates the asset price has been declining for the past 12 months (or since its inception).

Also, as prices keep fluctuating in the stock market, it is important to learn how to evaluate a stock in order to invest wisely.

Competition Overview 

Yandex enjoys its share of popularity in Russia, and its mobile app interface is fairly easy to use. Several travel agents in other countries recommend Yandex over other transportation services for this reason.

Nonetheless, other companies offer services to a wider geographical location, increasing their profit as well as revenue when compared to Yandex.

Pros

  • Easy to use app interface
  • Most popular TaaS service in Russia
  • Good reputation

Cons

  • Operates only in Russia
  • Experiences stock price fluctuation
Matson Inc.
Matson Inc.
Matson Inc.

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  • Pays dividends
  • Well-established company
  • Enjoys good reputation
  • Strict working environment
  • Only specializes in bulk transportation

Matson Inc. provides logistics, shipping, and transportation services across the world. The company is one of the oldest TaaS technology companies, founded in 1882, and has grown tremendously ever since. It has many subsidiaries such as the Matson Navigation Company which focuses on providing shipping services. It is a trustworthy global company that enjoys a good reputation.

The net income for the quarter ending December 31, 2020 was $85.6 million, or $1.96 per diluted share. In comparison to the fourth quarter of 2020, which saw consolidated revenue of $700.1 million, the fourth quarter of 2021 had $1,267.0 million.

The company expanded its transportation services to meet the needs of the clients and also started providing warehousing and distribution.

Services

Matson Inc provides international transportation of goods through various modes, and their services are especially useful for people who wish to transport goods in bulk.

Pricing

Matson Inc. stock prices have increased significantly over the last year, with the price increasing from $26 in 2020 to $63 in 2021. The company provides dividends to its shareholders as well. Based on the information available, they are one of the top-rated TaaS stocks to buy.

Five forecasts are made for each month of 2022 for the Matson stock forecast, with an average prognosis of $55.74, a high prediction of $65.26, and a low prediction of $49.03. The average Matson stock estimate for 2022 shows a decline of -23.5 percent from the most recent price of $72.8600006103516.

Competition Overview

Matson Inc. provides bulk transportation at a lower cost compared to similar companies.

However, other businesses not only provide bulk overseas transportation but also specialize in small door-to-door deliveries.

Pros

  • Well-established company
  • Enjoys good reputation
  • Pays dividends

Cons

  • Only specializes in bulk transportation
  • Strict working environment
Echo Global Logistics
Echo Global Logistics
Echo Global Logistics

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  • Dedicated customer service
  • Continuously updates technology
  • Well-established network of transport
  • Does not give dividends
  • Low stock growth

Echo Global Logistics began in 2005 with an aim to simplify transportation by outsourcing their transportation services. The company continuously uses technological innovations to make services better and faster, and has several subsidiaries like Command Transportation LLC, Online Freight Services, and Lubenow Logistics. The company generated $2.5 billion in revenue in 2020.

In Q3 2021, the company reported Total Revenue increase by 42.53 % year-over-year.

Echo Global Logistics continuously outsources its services to other capable companies, allowing fast and simple transportation. It also has dedicated customer services.

Services

The company provides international transportation through all channels of transportation, as well as truckload and LTL freight shipping.

Pricing

Echo Global TaaS stock price history reveals that the price has been rising steadily from $21.62 in 2020 to $120.66 2021.The price has been steadily increasing, and based on the TaaS stock prediction, it was expected to continue in that way. The average stock price at that time was ranging between $115 to $120, and the company also pays dividends of 0.52 to shareholders.

In 2022, the stock price of Expeditors International of Washington is $101. According to 13 analysts providing 12-month price forecasts for Expeditors International of Washington Inc, the median price is 105.00, with high and low estimates of 125.00 and 90.00, respectively.

Competition Overview 

Echo Global’s competition lies within other transportation and warehousing companies.

Echo Global gets an advantage due to its global presence, as its outsourced services lead to proper management of goods.

Other companies have an upper hand as many are non-asset-based companies who focus on providing proper transportation services.

Pros

  • Continuously updates technology
  • Well-established network of transport
  • Dedicated customer service

Cons

  • Low stock growth
  • Does not give dividends
Expeditors International of Washington
Expeditors International of Washington
Expeditors International of Washington

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  • Working towards sustainable transportation
  • Pays dividends
  • Does good in the stock market
  • Low employee rating
  • No easy tracking system

Expeditors International of Washington started in 1979 with one office in Seattle, Washington. The company now has 357 global locations that provide effective transportation services. The business purchases cargo space in bulk and sells it to its customers at a much lower rate; Various subsidiaries include P.T. Expeditors Indonesia and Expeditors Singapore. They have a good reputation in the market, and their revenue was $11.572 billion at the end of the financial year for 2021. It also pays TaaS dividends to its shareholders.

The company expanded its transportation services to other modes of transport and also opened up offices across the globe in order to provide customers timely delivery.

Services

The company provides transportation through airways, waterways, and ground, as well as multimodal transportation which combines all three. It also pays special attention to the impact it has on the environment and works towards decreasing its carbon footprint.

Pricing

The stock price has increased from $75.60 in 2020 to $101,56 at present; The price has been steadily increasing and will continue to do so based on the prediction of TaaS stock. The average stock price ranges between $115 to $120, and the company also pays dividends of 0.52 to shareholders.

Competition Overview 

Expeditors International of Washington is in close competition with companies such as XPO Logistics, Geodis, and Abertis, as all are globally recognized TaaS companies.

Expeditors International of Washington pays dividends to its shareholders, unlike many TaaS companies which do not have any dividends history available.

That being said, they are unable to provide various transportation services as well as an easy tracking system to customers, which other companies provide.

Pros

  • Pays dividends
  • Does good in the stock market
  • Working towards sustainable transportation

Cons

  • No easy tracking system
  • Low employee rating
GATX
GATX
GATX

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  • More than 50% increase in stock prices last year
  • Provides effective global transportation
  • Pays dividends
  • No effective transportation of bulk goods
  • Transports majorly through railcars

GATX is one of the leading railcar lessors in the world. Founded in 1898, the company owns railcars in North America, Europe, and Asia; They also have various subsidiaries like GATX Rail Canada Corporation and American Steamship Company. The revenue of the company stood at $1.2 billion in 2020 whereas in 2021, the total amount was $1,257 million.

The company provides railcar lessor services and expanded services to a global scale as its customer base increased. It has also set up different subsidiaries for different locations.

Services

The company provides railcar leasing as well as other locomotive services and operates on a global scale. They mainly transport heavy goods used for industrial purposes.

Pricing

GATX stock prices have increased from $59.39 in 2020 to $105,59 currently. The company also paid a dividend of 0.48 in 2020 and 0.5 in February 2021. Based on the prices and dividends, it is one of the most popular TaaS stocks out there.

Competition Overview

PHI, CIT, and TTX are a few of the biggest competitors of GATX when it comes to transportation services.

GATX has made a name for itself globally for railcar lessor and attracts more customers across the world. Other companies do well, though, and are more focused on the transportation of bulk goods like oil and gas exploration.

Pros

  • Pays dividends
  • More than 50% increase in stock prices last year
  • Provides effective global transportation

Cons

  • Transports majorly through railcars
  • No effective transportation of bulk goods
Union Pacific Corporation
Union Pacific Corporation
Union Pacific Corporation

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  • Well-established transportation system
  • Timely and safe delivery
  • Does extremely well in the stock market
  • No effective intermodal transportation
  • Traditional working environment

Founded in 1862, Union Pacific Corporation is a freight railroad transportation company. It operates in 32 U.S. states and ensures timely and safe delivery of goods. The company enjoys a good reputation as it has been a trusted company for more than a decade, and it has subsidiaries like TTX Company and Southern Pacific Rail Corporation. The company’s revenue was $19.305 billion at the end of the financial year for 2020.

The company not only expanded its railroad network. but also started working with other transportation companies to ensure door-to-door delivery of goods.

For Q1 2022, Union Pacific Corporation reported a net income of $1.6 billion, or $2.57 per diluted share.

Services 

Union Pacific Corporation provides railroad transportation services products like automobiles, agricultural, coal, and chemicals. It also specializes in timely and door-to-door delivery.

Pricing

The stock price of Union Pacific Corporation has increased from $166.67 in 2020 to $243,71 currently. The average price ranges between $220 and $230. The company also gives quarterly dividends of 0.97 to shareholders. TaaS stock forecast predicts that prices will continue to increase as the company is well established and gives handsome dividends.

As of July 2022, the stock price of Union Pacific Corporation is $210.25.

Competition Overview 

Union Pacific Corporation is in close competition with companies that offer transportation via railroad.

Union Pacific Corporation ensures door-to-door and timely delivery of goods and offers higher dividends.

Other companies have various subsidiaries which allow for intermodal transportation.

Pros

  • Timely and safe delivery
  • Well-established transportation system
  • Does extremely well in the stock market

Cons

  • Traditional working environment
  • No effective intermodal transportation
Facedrive
Facedrive
Facedrive

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  • Provides both transportation and food delivery TaaS services
  • Eco-friendly company
  • Always adapting to changes
  • Does not have a wide customer base
  • Experienced price fluctuations in the stock market

Facedrive is a fairly new multi-faceted company that started in 2016. The company focuses on sustainable transportation providing food deliveries and ride-sharing in terms of transportation. It has acquired various companies like Ecocred LLC and HiRide Share Ltd. It enjoys an excellent reputation in the market owing to its sustainable development plans.

People were getting concerned about the impact the transportation industry has on the environment. Facedrive came forward to offer sustainable transportation to their customers.

The company’s quarterly revenue increased by 287.13% year-over-year to $10,734,515 in Q1 2022. Growth in sales was only organic.

Services

In terms of transportation, the company provides ride-sharing and food delivery services. Both of these use eco-friendly modes of commute.

Pricing

Facedrive TaaS technology stock price has been prone to price fluctuations due to its short existence. The stock price was $14.90 in 2020, rose to $42 in February 2021, and now is at $0,56. The company does not give any dividends currently.

As of July 2022, the company’s stock price is $0.380.

Competition Overview

Facedrive’s biggest competitors are transportation and food delivery companies.

Facedrive focuses on sustainability while providing services, which is the need of the hour.

Other companies have a wider market base in the United States as well as on a global scale.

Pros

  • Eco-friendly company
  • Always adapting to changes
  • Provides both transportation and food delivery TaaS services

Cons

  • Experienced price fluctuations in the stock market
  • Does not have a wide customer base

Taas Stocks at a Glance

TaaS stock Average price Dividends  Best for Where to buy
DoorDash, Inc. $133.79 N/A Experts who profit off from trading in stocks M1 Finance
FedEx Corporation $306.26 0.65 People with a good budget looking for safe investments Stash, Computershare, eToro
Uber $47.42 N/A Beginners looking for long term investments eToro, Webull, M1 Finance
Lyft $49.65 N/A Beginners looking for long term investments Stash, eToro, Saxo Bank
Yandex $70 N/A Intermediaries looking for a short term profit Stash, eToro, Robinhood
Matson Inc. $63 0.23 Both beginners and experts looking for long term investments Currently unavailable
Echo Global Logistics $35.59 N/A Beginners looking for long term investments Stash
Expeditors International of Washington $120.66 0.52 Anyone looking for long as well as short term safe investments Stash, eToro
GATX $101.48 0.48-0.5 Anyone looking for a safe investment with fewer risks Stash, Robinhood
Union Pacific Corporation $224.76 0.97 People with a good budget looking for a safe investment Stash, Computershare
Facedrive $14.92 N/A Experts who profit off from trading in stocks Currently unavailable

TaaS Stocks to Buy – Buyer’s Guide

Here is a guide towards purchasing TaaS stocks detailing the meaning of TaaS stocks, how to choose the right stocks, and the perks of investing in them.

How to Choose Top TaaS Stock to Buy

TaaS stocks can be evaluated like any other stocks in the market. The price is determined by the market forces of demand and supply. To choose the perfect TaaS stocks to invest in, the buyer needs to compare the TaaS stocks against the following criteria.

  • Company’s financials: This includes their formal accounts like balance sheet, income statement, and cash flow statement. It helps determine the actual position of the company in the market, as well as helps to form a detailed TaaS stock review.
  • Form 10-Q: This is a detailed financial report of the company that has to be submitted to the Securities and Exchange Commission (SEC) quarterly. This can help investors to determine the stock’s performance in the future.
  • Form 10-K: Form 10-K is the annual financial report of the company that has to be submitted to the U.S. Securities and Exchange Commission. It is more detailed in terms of information and is sent to every shareholder.
  • Company’s financial ratios: The financial ratios of the company can also help like price-to-earnings ratio (P/E), price-to-sales ratio (P/S), earnings per share (EPS), return on equity (ROE), debt-to-equity (D/E), and debt-to-asset ratio (D/A).
  • Company’s reputation: The reputation of the company also plays a major factor in stock prices. If it has a good reputation, the stocks are likely to do good in the market.
  • Dividends: Not every company is bound to give dividends to its shareholders. However, companies that do give them tend to do better in the stock market.
  • Additional sources: Other sources like financial news sites, online financial tools, and other company details can help determine the right investment.

What Is TaaS stock

TaaS stock is the stock of the companies which provide transportation services. These services can include transportation of bulk goods, customer-to-customer transportation, food delivery, sharing a vehicle, and renting vehicles. It is a rapidly growing industry in which stocks can yield investment returns in the future. For example, Uber is the ideal TaaS stock as it not only provides ridesharing services but also food delivery and car rental services.

Why You Should Invest in TaaS Stocks

Before investing, it is important to understand the industry well to try and determine the future of your investment. Here are a few reasons why you should invest in TaaS stocks:

  • Up until a few years ago, everyone’s preferred mode of transportation was using their own vehicle. However, people are now turning from car ownership to using TaaS services.
  • This is mainly because TaaS services are cheaper, as you don’t need to pay for fuel, maintenance, insurance, and other costs associated with owning a car.
  • It is also extremely time-saving as you don’t need to look for parking whenever you commute.
  • TaaS services are also environment friendly, as they allow people to share rides, reducing carbon emission and fuel use. Moreover, companies are also moving towards electrified vehicles.
  • As per the TaaS stock forecast, prices are bound to increase as people start to move more towards TaaS services. This implies that investments in them will bring you profit in the future.
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The purpose of this article is exclusively communication and information. We are not a brokerage company, nor a certified investing advisor. We cannot be held liable for any monetary loss or similar that might have, or may, occur.

Wrap Up

As times change, TaaS technology companies are working towards providing better transportation services. This implies that the more people use their services, the more stock prices will go up, offering a great investment opportunity. The right TaaS stocks can be determined by looking at the financial information of a company, including financials, balance sheets, income statements, and cash flow.

FAQ

What is TaaS technology?

Transportation as a Service (TaaS) technology is considered the future. As people are shifting towards more eco-friendly ways of living, TaaS technology enables sustainable modes of mobility, and involves services such as renting vehicles, sharing a ride,and getting food delivery.

How much is TaaS stock?

The price of TaaS stocks varies from company to company. Well-established businesses have a higher price stock, whereas companies that are fairly new may have a lower stock. The prices usually range somewhere between $15 and $220.

Is TaaS stock a good buy?

Yes. TaaS stocks are definitely worth the investment as the industry grows day by day; It’s also been predicted that more people will shift to TaaS services in the coming years. Out of them all, Uber and DoorDash are some of the most popular TaaS stocks to buy.