Lyft, Inc. (LYFT)
| Market Cap | 5.56B |
| Revenue (ttm) | 5.46B |
| Net Income (ttm) | -65.26M |
| Shares Out | 414.82M |
| EPS (ttm) | -0.17 |
| PE Ratio | n/a |
| Forward PE | 13.22 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 12,902,144 |
| Open | 13.72 |
| Previous Close | 13.60 |
| Day's Range | 13.38 - 13.79 |
| 52-Week Range | 8.93 - 20.82 |
| Beta | 2.15 |
| Analysts | Buy |
| Price Target | 17.84 (+33.04%) |
| Earnings Date | Feb 11, 2025 |
About LYFT
Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It operates multimodal transportation networks that offer access to various transportation options through the Lyft platform and mobile-based applications. The company’s platform provides a ridesharing marketplace, which connects drivers with riders; Express Drive, a car rental program for drivers; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips. It also offers centralized tools an... [Read more]
Financial Performance
In 2023, Lyft, Inc.'s revenue was $4.40 billion, an increase of 7.53% compared to the previous year's $4.10 billion. Losses were -$340.32 million, -78.52% less than in 2022.
Financial StatementsAnalyst Forecast
According to 36 analysts, the average rating for LYFT stock is "Buy." The 12-month stock price forecast is $17.84, which is an increase of 33.04% from the latest price.
News
Lyft wins dismissal of shareholder lawsuit over earnings report error
A federal judge on Thursday dismissed a lawsuit accusing Lyft of defrauding shareholders by waiting too long to correct a mistake in an earnings release about a key profit metric, an error that caused...
Lyft's Wildfire Relief Efforts
As wildfires continue to rage in Los Angeles, Lyft Chief Policy Officer Jerry Golden outlines how the company is efforting ways to help evacuees. He joins Caroline Hyde on "Bloomberg Technology" to di...
Buy, Sell, Or Hold Lyft Stock?
Behind its simple ride-hailing concept, Lyft (NASDAQ: LYFT) has faced significant financial challenges, including underwhelming earnings and costly customer service investments. The company's stock, d...
Lyft Analyst Says 'Buy Into The Story' Despite Tesla, Waymo Competition
Late last month, Lyft Inc LYFT filed a lawsuit against San Francisco for overcharging its ride-hailing services by $100 million in taxes.
Uber and Lyft Prep Driverless Taxis After Abandoning Effort
After abandoning driverless taxis, Uber and Lyft are reportedly reinvesting in the technology. The two ride-hailing companies are working on plans to have driverless cars — provided by companies such ...
How Uber and Lyft Are Gearing Up for the Robotaxi Revolution
After ending their own driverless plans, the ride-sharing companies are embracing autonomous-vehicle operators and offering new app features.
7 Winner Tech Stocks For 2025
Now, as we turn our focus to 2025, I remain very optimistic on stocks. However, overall market valuations look somewhat expensive now; and thus, I argue stock picking will be more important in 2025 th...
Lyft says San Francisco overcharged it $100 million in taxes
Lyft is suing the city of San Francisco, claiming the city unfairly charged the ride-hailing company over $100 million in taxes, Bloomberg reports. The lawsuit alleges that, over the course of five ye...
Lyft has sued San Francisco, accusing it of overcharging $100 million in taxes
Lyft sued San Francisco, saying it was unfairly charged $100 million in taxes from 2019 to 2023. Lyft argues the city's tax formula unfairly includes passenger payments as revenue.
Warming Up For Another Run - Upgrading Lyft To A Buy
I'm upgrading Lyft from sell to buy as I don't see any bad news weighing stock price down and see potential green shoots on the horizon. I'm watching Lyft's strides in partnerships, focusing on DoorDa...
Lyft: Why ~$1.5 Billion Of FCF By 2027 Could Be Possible
Lyft's Q3 2024 financials show 32% revenue growth and $242.8 million in positive free cash flow, indicating strong underlying profitability despite minimal GAAP profits. Management's 2027 targets incl...
Long Uber, Short Lyft Is Our Best Pair Trade Idea For 2025
The S&P 500 looks expensive, and we expect finding uncorrelated return streams should be important in 2025. Buying UBER and shorting LYFT could be a good way to expose yourself to a great company whil...
Lyft, Inc. (LYFT) Barclays 22nd Annual Global Technology Conference (Transcript)
Lyft, Inc. (NASDAQ:LYFT) Barclays 22nd Annual Global Technology Conference December 11, 2024 2:35 PM ET Company Participants Erin Brewer - Chief Financial Officer Conference Call Participants Ross Sa...
Uber and Lyft's Robotaxi Demise Might Be Greatly Exaggerated
A Wall Street analyst defended Uber and Lyft shares on Friday after the stocks posted steep declines on Thursday.
Uber and Lyft drop on news Waymo is expanding to Miami
The 'Fast Money' traders talk recent moves in ride sharing stocks as Waymo announces its expanding.
Lyft CFO to Participate in Fireside Chat Hosted by Barclays
SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) announced today that Erin Brewer, Chief Financial Officer, will participate in a fireside chat at the Barclays Annual Global Technology Confer...
Lyft, Inc. (LYFT) presents at RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference (Transcript)
Lyft, Inc. (NASDAQ:LYFT) RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference November 19, 2024 2:40 PM ET Company Participants Erin Brewer - Chief Financial Offic...
Lyft to roll out rider verification badges in safety push
Lyft is rolling out, among other features, verification badges for riders in a bid to improve safety on the ride-hailing platform, the company said on Tuesday.
Evercore ISI's Mark Mahaney on how self-driving deregulation could impact Uber and Lyft
Mark Mahaney, Evercore ISI Head of Internet Research, joins 'Fast Money' to talk possible deregulation of self-driving under a Trump administration.
Tesla stock rises, Uber and Lyft fall, after report that Trump might be friendly to self-driving cars
Shares in Tesla, Inc. (Nasdaq: TSLA) are rising in premarket trading this morning after reports that President-elect Donald Trump's transition team wants to make a federal framework for fully self-dri...
Uber and Lyft unintentionally sent gig workers' SSN numbers to social media companies, researchers report
When a person applies to work for Uber or Lyft they must fill out several online forms detailing important information, including their date of birth and their driver's license.
Tesla To Partner With Lyft, Uber? Analyst Has 'Rising Conviction' For Future Partnership
Tesla Inc TSLA analysts Tom Narayan and Brad Erickson highlight the company's potential with FSD and robotaxis and also share thoughts on whether the electric vehicle giant could work with Uber Techno...
Lyft CFO to Participate in Fireside Chat Hosted by RBC Capital Markets
SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) announced today that Erin Brewer, Chief Financial Officer, will participate in a fireside chat at the RBC Capital Markets Global Technology, I...
Final Trades: Lyft, Meta, United States Oil Fund & Abbvie
Lyft CEO: If you give great service people respond
Lyft (LYFT) shares jumped nearly 23% following better-than-expected third quarter revenue. Lyft CEO David Richard joins Yahoo Finance live to discuss his optimism for future growth, driven by record h...