Lyft, Inc. (LYFT)
NASDAQ: LYFT · Real-Time Price · USD
13.91
+0.20 (1.46%)
At close: Dec 24, 2024, 4:00 PM
13.82
-0.09 (-0.65%)
Pre-market: Dec 26, 2024, 9:28 AM EST
Lyft, Inc. Stock Forecast
Stock Price Forecast
The 31 analysts with 12-month price forecasts for Lyft, Inc. stock have an average target of 17.52, with a low estimate of 10 and a high estimate of 26. The average target predicts an increase of 25.95% from the current stock price of 13.91.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Lyft, Inc. stock from 36 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 5 | 4 | 4 | 4 | 4 | 4 |
| Hold | 21 | 24 | 25 | 27 | 27 | 27 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 32 | 33 | 34 | 36 | 36 | 36 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Strong Buy Maintains $16 → $23 | Strong Buy | Maintains | $16 → $23 | +65.35% | Dec 4, 2024 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $24 → $26 | Strong Buy | Maintains | $24 → $26 | +86.92% | Nov 21, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $10 → $18 | Hold | Maintains | $10 → $18 | +29.40% | Nov 11, 2024 |
| Barclays | Barclays | Hold Maintains $14 → $20 | Hold | Maintains | $14 → $20 | +43.78% | Nov 8, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $16 → $18 | Hold | Maintains | $16 → $18 | +29.40% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
5.91B
from 4.40B
Increased by 34.25%
Revenue Next Year
6.80B
from 5.91B
Increased by 15.00%
EPS This Year
0.91
from -0.88
EPS Next Year
1.06
from 0.91
Increased by 15.69%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 6.2B | 7.3B | 8.2B | |||
| Avg | 5.9B | 6.8B | 7.7B | |||
| Low | 5.6B | 6.2B | 6.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 40.4% | 24.0% | 21.2% | |||
| Avg | 34.3% | 15.0% | 13.2% | |||
| Low | 26.7% | 4.9% | -1.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.02 | 1.39 | 1.77 | ||
| Avg | 0.91 | 1.06 | 1.34 | ||
| Low | 0.74 | 0.47 | 0.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 51.6% | 67.8% | ||
| Avg | - | 15.7% | 26.4% | ||
| Low | - | -48.5% | -52.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.