Lyft, Inc. (LYFT)
| Market Cap | 6.50B -20.0% |
| Revenue (ttm) | 6.77B +10.8% |
| Net Income | 2.87B +3,008.6% |
| EPS | 7.23 +3,165.7% |
| Shares Out | 378.54M |
| PE Ratio | 2.37 |
| Forward PE | 8.80 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 11,273,174 |
| Open | 16.40 |
| Previous Close | 16.48 |
| Day's Range | 16.40 - 17.19 |
| 52-Week Range | 12.46 - 25.54 |
| Beta | 1.96 |
| Analysts | Buy |
| Price Target | 19.47 (+13.46%) |
| Earnings Date | Nov 5, 2026 |
About LYFT
Lyft, Inc. operates multimodal transportation networks that offer access to various transportation options through platform and mobile based applications in the United States and internationally. The company facilitates peer-to-peer ridesharing by connecting drivers who have vehicles with riders who need a ride. It also operates Lyft Platform that provides a marketplace where drivers can be matched with riders via the Lyft mobile application. The company’s platform provides a ridesharing marketplace that connects drivers with riders; Express Dr... [Read more]
Financial Performance
In 2025, Lyft, Inc.'s revenue was $6.32 billion, an increase of 9.16% compared to the previous year's $5.79 billion. Earnings were $2.84 billion, an increase of 12382.48%.
Financial StatementsAnalyst Summary
According to 45 analysts, the average rating for LYFT stock is "Buy." The 12-month stock price target is $19.47, which is an increase of 13.46% from the latest price.
News
Lyft To Announce Third Quarter 2026 Financial Results
SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”) will release financial results for the third quarter of 2026 after the close of the market on Thursday, November 5, ...
Lyft Banks on Corporate Travel With Alcove Chauffeur Service
Lyft is hoping to capture opportunities in the corporate travel space with its new Alcove chauffeur network. The new offering, announced Thursday (Oct. 15), will see Lyft continue to serve customers o...
Lyft starts a business travel brand, escalating Uber rivalry
Lyft is starting a new business-focused ride brand. Alcove will offer chauffeur services using a company that Lyft acquired last year.
Lyft introduces Alcove brand for chauffeur network
Lyft (LYFT) announced Alcove, a new, differentiated global chauffeur network. Alcove will pair world-class, high-touch service with experienced teams and new technology that make corporate ground tran...
Lyft, Inc. Introduces Alcove, a New Global Brand for Its Chauffeur Network
SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (NASDAQ: LYFT) today announced Alcove, a new, differentiated global chauffeur network. Alcove will pair world-class, high-touch service with experienced team...
Lyft Eyes Upscale Corporate Travel as Next Leg of Growth
The ride-hailing company is establishing a new chauffeuring brand, dubbed Alcove, that caters to demand for full days of executive travel between client meetings, conferences and flights, Chief Execut...
Lyft agrees to $272 million settlement over California wage theft claims
Lyft has agreed to pay $272.5 million to settle a lawsuit brought by California officials over alleged wage theft and driver misclassification
Lyft price target lowered to $17 from $19 at Wells Fargo
Wells Fargo analyst Ken Gawrelski lowered the firm’s price target on Lyft (LYFT) to $17 from $19 and keeps an Equal Weight rating on the shares. The firm believes risk…
Lyft opened an 80,000-square-foot facility in Tennessee. It isn't a data center.
A tech company just opened a big warehouse outside of Nashville — but it isn't full of servers. Instead, it's a depot for charging and repairing self-driving cars.
Lyft is paying $272.5M to settle lawsuit over how it classified drivers
Lyft has agreed to pay $272.5 million to settle a lawsuit accusing the ride-hailing company of violating California law by misclassifying drivers as independent contractors, instead of employees.
Lyft Stock (LYFT) Slips After Record-Breaking $272.5M Driver Wage Settlement
Shares in ride-hailing company Lyft ($LYFT) reversed today after it reached a $272.5 million settlement agreement with California authorities over driver wage claims.The California Labor Commissioner’...
Lyft settles California misclassified drivers claims
In a regulatory filing, Lyft (LYFT) disclosed that the company reached an agreement, subject to approval by the Superior Court of California, County of San Francisco, with the State of…
Lyft backs Q3 gross bookings, adjusted EBITDA guidance
As previously reported, Lyft (LYFT) disclosed that the company reached an agreement, subject to approval by the Superior Court of California, County of San Francisco, with the State of California,…
Lyft app launches in Europe
Starting today, Lyft (LYFT) riders can use their Lyft app in cities across Europe. Early access to the Lyft app rolls out in Barcelona and Hamburg first; throughout October, the…
Lyft App Launches in Europe
SAN FRANCISCO--(BUSINESS WIRE)--Starting today, Lyft (NASDAQ: LYFT) riders can use their Lyft app in cities across Europe. Early access to the Lyft app rolls out in Barcelona and Hamburg first; throug...
A Lyft driver was in a crash on the job. Now he's struggling to provide — and fighting insurance.
A Lyft driver in North Carolina was involved in an accident while en route to pick up a passenger. Sixteen months later, he's still fighting for an insurance payout.
BTIG sees risk to second half rides estimates for Lyft
BTIG sees risk to the consensus estimates for Lyft‘s (LYFT) rides growth in the second half of 2026. While the company pointed to accelerating U.S. rides in a recent conference…
Thursday's First Moves: GOOGL & CRM Price Target Hikes, LYFT Downgrade
Shares in Lyft Inc. (LYFT) hit the brakes after Guggenheim downgraded the stock to neutral from buy and lowered its price target. George Tsilis explains why the analyst is easing its foot off the gas ...
Lyft downgraded to Neutral at Guggenheim on lower volume forecasts
As previously reported, Guggenheim analyst Taylor Manley downgraded Lyft (LYFT) to Neutral from Buy with a price target of $16, down from $22, driven by lower second half of 2027…
Lyft downgraded to Neutral from Buy at Guggenheim
Guggenheim downgraded Lyft (LYFT) to Neutral from Buy with a $16 price target
Sphere, Lyft announce multi-year marketing partnership
Sphere Entertainment (SPHR) and Lyft (LYFT) announced a multi-year marketing partnership, naming Lyft as an official rideshare partner of Sphere. The partnership provides Lyft with brand integrations ...
Sphere and Lyft Announce Multi-Year Partnership, Naming Lyft an Official Rideshare Partner of the Venue
LAS VEGAS--(BUSINESS WIRE)--Sphere Entertainment Co. (NYSE: SPHR) and Lyft (Nasdaq: LYFT) announced today a multi-year marketing partnership, naming Lyft as an official rideshare partner of Sphere. Th...
Need a Lyft to the polls? The ride-hailing app is once again offering free or discounted rides this election season
With disruptions to mail voting systems and other election-related problems potentially sidelining some voters this election season, Lyft is offering, well, a lift!
Lyft, Inc. Transcript: Goldman Sachs Communacopia + Technology Conference 2026
Over the past three years, annual rides surpassed 1 billion, with strong EBITDA and GAAP profitability achieved. Strategic focus is on luxury, international expansion, and autonomous vehicles, supported by product innovation, partnerships, and insurance reforms. AVs and micromobility are expected to drive future growth.