Lyft, Inc. (LYFT)
NASDAQ: LYFT · Real-Time Price · USD
18.34
-0.25 (-1.34%)
At close: Nov 12, 2024, 4:00 PM
18.22
-0.12 (-0.65%)
After-hours: Nov 12, 2024, 7:59 PM 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 17.23, with a low estimate of 10 and a high estimate of 24. The average target predicts a decrease of -6.05% from the current stock price of 18.34.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 5 | 5 | 4 | 4 | 4 | 4 |
| Hold | 19 | 21 | 24 | 25 | 27 | 27 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 30 | 32 | 33 | 34 | 36 | 36 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Hold Maintains $10 → $18 | Hold | Maintains | $10 → $18 | -1.85% | Nov 11, 2024 |
| Barclays | Barclays | Hold Maintains $14 → $20 | Hold | Maintains | $14 → $20 | +9.05% | Nov 8, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $16 → $18 | Hold | Maintains | $16 → $18 | -1.85% | Nov 7, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $11 → $16 | Hold | Maintains | $11 → $16 | -12.76% | Nov 7, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $17 → $18 | Hold | Maintains | $17 → $18 | -1.85% | Nov 7, 2024 |
Financial Forecast
Revenue This Year
5.87B
from 4.40B
Increased by 33.19%
Revenue Next Year
6.72B
from 5.87B
Increased by 14.54%
EPS This Year
0.83
from -0.88
EPS Next Year
1.00
from 0.83
Increased by 21.25%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.2B | 7.3B | 8.2B | ||
| Avg | 5.9B | 6.7B | 7.6B | ||
| Low | 5.3B | 5.8B | 6.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.7% | 25.0% | 22.6% | ||
| Avg | 33.2% | 14.5% | 13.1% | ||
| Low | 20.5% | -1.3% | -7.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.02 | 1.39 | 1.77 | ||
| Avg | 0.83 | 1.00 | 1.21 | ||
| Low | 0.04 | 0.24 | 0.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 67.5% | 76.9% | ||
| Avg | - | 21.3% | 20.6% | ||
| Low | - | -71.6% | -56.0% |
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.