Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Lyft Inc Market Cap
Based on ratings from 0 stock analysts, the Lyft Inc stock price is expected to increase by 20.05% in 12 months. This is calculated by using the average 12-month stock price forecast for Lyft Inc. The lowest target is $10 and the highest is $26. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned LYFT 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Lyft Inc to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on LYFT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of LYFT.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Deepak Mathivanan Cantor Fitzgerald | Neutral | $13 | Reiterates | Sep 30, 2024 |
| Josh Beck Raymond James | Market Perform | Reinstates | Sep 24, 2024 | |
| Deepak Mathivanan Cantor Fitzgerald | Neutral | $13 | Reiterates | Sep 23, 2024 |
| Deepak Mathivanan Cantor Fitzgerald | Neutral | $13 | Initiates | Sep 5, 2024 |
| Rob Sanderson Loop Capital | Buy | $16 | Maintains | Sep 3, 2024 |
| Anindya Das Nomura | Neutral | $13 | Upgrade | Aug 23, 2024 |
| Rohit Kulkarni Roth MKM | Neutral | $13 | Maintains | Aug 14, 2024 |
| Shyam Patil Susquehanna | Neutral | $10 | Maintains | Aug 8, 2024 |
| Benjamin Black Deutsche Bank | Hold | $11 | Maintains | Aug 8, 2024 |
| Brian Pitz BMO Capital | Market Perform | $13 | Maintains | Aug 8, 2024 |
| Doug Anmuth JP Morgan | Neutral | $15 | Maintains | Aug 8, 2024 |
| Itay Michaeli Citigroup | Neutral | $10 | Maintains | Aug 8, 2024 |
| Ross Sandler Barclays | Equal-Weight | $14 | Maintains | Aug 8, 2024 |
| Michael Graham Canaccord Genuity | Buy | $18 | Maintains | Aug 8, 2024 |
| Bernie McTernan Needham | Hold | Reiterates | Aug 8, 2024 | |
| Lloyd Walmsley UBS | Neutral | $12 | Maintains | Aug 8, 2024 |
| Scott Devitt Wedbush | Neutral | $12 | Maintains | Aug 8, 2024 |
| Mark Mahaney Evercore ISI Group | In-Line | $17 | Maintains | Aug 8, 2024 |
| John Blackledge TD Cowen | Hold | $15 | Maintains | Aug 8, 2024 |
| Ken Gawrelski Wells Fargo | Equal-Weight | $12 | Maintains | Aug 8, 2024 |
When did it IPO
2019
Staff Count
2,945
Country
United States
Sector/Industry
Technology/Software - Application
CEO
Mr. John David Risher
Market Cap
$5.07B
In 2023, LYFT generated $4.40B in revenue, which was a increase of 7.53% from the previous year. This can be seen as a signal that LYFT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 27 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Zacks Style Scores provide a tool for investors to identify top-rated stocks tailored to their investing style, offering a strategy for informed stock selection.
Why It Matters - The Zacks Style Scores can help investors identify high-potential stocks tailored to their strategies, enhancing decision-making and potentially improving returns.
Thu, 26 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Lyft is optimizing driver incentives to boost rides in high-demand areas, potentially enhancing service efficiency and market competitiveness.
Why It Matters - Optimizing driver incentives can enhance Lyft's efficiency and profitability, potentially increasing ridership and revenue, which positively impacts stock performance and investor sentiment.
Wed, 25 Sep 2024
Sentiment - NEGATIVE
Source - Benzinga
Summary - As of Sept. 25, 2024, five stocks in the industrials sector show warning signs for momentum-focused investors.
Why It Matters - A warning on five industrial stocks suggests potential declines in momentum, indicating possible risks and volatility that could impact investment strategies and portfolio performance.
Tue, 24 Sep 2024
Sentiment - NEUTRAL
Source - The Motley Fool
Summary - Lyft has shown growth in several metrics, aligning with an improving economy, though it remains overshadowed by its larger competitor, Uber.
Why It Matters - Lyft's growth amidst an improving economy suggests potential for increased market share and profitability, which may enhance investor confidence and stock performance.
Tue, 24 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Smartcar partners with Lyft to enhance EV driver experience by ensuring ride requests are within battery range, addressing range anxiety for electric vehicle users.
Why It Matters - The Smartcar and Lyft partnership enhances EV usability, potentially increasing rideshare demand and expanding market share, positively impacting investor sentiment and stock performance.
Mon, 23 Sep 2024
Sentiment - POSITIVE
Source - The Motley Fool
Summary - Toast provides integrated restaurant management tools, while Lyft is enhancing growth through new revenue streams, including advertising via Lyft Media.
Why It Matters - Toast's integrated tools enhance operational efficiency for restaurants, potentially increasing market share. Lyft's diverse revenue from advertising signals growth potential, appealing to investors focused on innovation.
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