Lyft, Inc. (LYFT)
NASDAQ: LYFT · Real-Time Price · USD
13.28
-0.07 (-0.52%)
Sep 26, 2024, 4:00 PM EDT - Market closed
Lyft, Inc. Stock Forecast
Stock Price Forecast
The 30 analysts with 12-month price forecasts for Lyft, Inc. stock have an average target of 15.93, with a low estimate of 10 and a high estimate of 24. The average target predicts an increase of 19.95% from the current stock price of 13.28.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Lyft, Inc. stock from 35 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 5 | 5 | 5 | 5 |
| Buy | 5 | 4 | 5 | 5 | 4 | 4 |
| Hold | 17 | 19 | 19 | 21 | 24 | 26 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 25 | 26 | 30 | 32 | 33 | 35 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Sep 24, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates $13 | Hold | Reiterates | $13 | -2.11% | Sep 23, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Initiates $13 | Hold | Initiates | $13 | -2.11% | Sep 5, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $20 → $16 | Strong Buy | Maintains | $20 → $16 | +20.48% | Sep 3, 2024 |
| Nomura | Nomura | Sell → Hold Upgrades $15 → $13 | Sell → Hold | Upgrades | $15 → $13 | -2.11% | Aug 23, 2024 |
Financial Forecast
Revenue This Year
5.72B
from 4.40B
Increased by 29.78%
Revenue Next Year
6.47B
from 5.72B
Increased by 13.26%
EPS This Year
0.76
from -0.88
EPS Next Year
0.92
from 0.76
Increased by 22.36%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.0B | 7.0B | 8.0B | ||
| Avg | 5.7B | 6.5B | 7.3B | ||
| Low | 4.8B | 5.4B | 6.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 37.4% | 22.4% | 23.7% | ||
| Avg | 29.8% | 13.3% | 12.6% | ||
| Low | 8.9% | -5.1% | -6.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.00 | 1.31 | 1.61 | ||
| Avg | 0.76 | 0.92 | 1.11 | ||
| Low | 0.49 | 0.30 | 0.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 73.8% | 73.8% | ||
| Avg | - | 22.4% | 19.6% | ||
| Low | - | -59.8% | -67.1% |
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.