Lyft, Inc. (LYFT)
| Market Cap | 5.55B |
| Revenue (ttm) | 5.79B |
| Net Income (ttm) | 22.78M |
| Shares Out | 420.64M |
| EPS (ttm) | 0.06 |
| PE Ratio | 237.06 |
| Forward PE | 12.67 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 17,343,416 |
| Open | 12.51 |
| Previous Close | 12.65 |
| Day's Range | 12.47 - 13.21 |
| 52-Week Range | 8.93 - 19.07 |
| Beta | 2.14 |
| Analysts | Hold |
| Price Target | 16.72 (+26.67%) |
| Earnings Date | May 8, 2025 |
About LYFT
Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company operates multimodal transportation networks that offer access to various transportation options through the Lyft platform and mobile-based applications. Its platform provides a ridesharing marketplace that 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. The company was formerly known as Zimr... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 34 analysts, the average rating for LYFT stock is "Hold." The 12-month stock price forecast is $16.72, which is an increase of 26.67% from the latest price.
News
Special Situations Fund Engine Capital Seeks Board Changes at Lyft
Engine Capital, a special situations fund that invested in Lyft in 2024 and has about a 1% stake in the company, said Tuesday (April 29) that it aims to elect two candidates to the rideshare company's...
Engine Capital pushes Lyft to explore strategic options, possible sale
Activist investment firm Engine Capital pushed ride-sharing platform Lyft on Tuesday to consider strategic alternatives, including a sale, amid a proxy battle.
Engine Capital Issues Presentation Highlighting the Case for Boardroom Change at Lyft and Opportunities for Meaningful Value Creation
NEW YORK--(BUSINESS WIRE)--Engine Capital LP (together with its affiliates, “Engine” or “we”), which owns approximately one percent of the outstanding common shares of Lyft, Inc. (NASDAQ: LYFT) (“Lyft...
Lyft CEO David Risher: Surge Pricing ‘Deeply Unpopular' With Customers
Lyft found that surge pricing is “deeply unpopular” with customers, CEO David Risher said in his annual letter to shareholders, released Thursday (April 24). Surge pricing, which the rideshare company...
Final Trade: Nike, Meta, Lyft, Uber
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Lyft to Start Adding Licensed Taxis to Rideshare Platform
Lyft is set to start rolling out a feature that will let riders opt in to be matched with a licensed taxi when that vehicle can get there faster than a rideshare one. The company will launch this feat...
Former Lyft President Kristin Sverchek Joins Deep Fission's Advisory Board to Help Guide Growth, Regulatory, and Public Impact
BERKELEY, Calif.--(BUSINESS WIRE)--Deep Fission Inc. (Deep Fission), an advanced nuclear energy company burying small modular reactors a mile underground for cheaper, faster, and more scalable deploym...
Lyft Is Making A Comeback: Why Shares Are A Must-Buy Now
Lyft's fundamentals remain strong with U.S. ride pricing recovering and Q1 2025 DAUs growing 5% YoY, suggesting stable revenue outlook. The $200 million Freenow acquisition doubles Lyft's addressable ...
Hitching A Bargain Ride With Lyft
Lyft stock is undervalued, trading at less than 1X P/S and around 8X P/E, despite over 20% YoY revenue growth and recent profitability. Ride-sharing isn't a winner-takes-all business; Lyft's focused, ...
Sen Elizabeth Warren, Boston Fed's Susan Collins, & Lyft CEO: Leaders talks tariffs & growth
Lyft CEO David Risher joins Catalysts host Madison Mills to discuss why now is the right time to take the company global. Risher also talks about plans for growth and why Lyft (LYFT) is making its big...
FreeNow acquisition, analyst optimism support Lyft's long-term outlook, though competition threats loom
Lyft is positioning itself for a larger role in the global rideshare market, even as analysts remain divided on its near-term outlook amid rising competition and macroeconomic uncertainty. A new strat...
Lyft Buys Into Europe
Lyft CEO David Risher details their expansion into Europe, announcing a nearly $200M deal to purchase FreeNow. He joins Ed Ludlow on "Bloomberg Technology" to discuss.
Lyft goes global, tariff impact on autos
Catalysts host Madison Mills takes a look at some of the top stories of April 16, 2025. Lyft CEO David Risher joins the show to discuss the company going international.
Lyft Pays $197 Million to Pick Up German Taxi App FreeNow
Lyft is expanding into Europe with its $197 million purchase of taxi app FreeNow. The deal, announced Wednesday (April 16), will see Lyft acquire the Germany-based company from BMW and Mercedes-Benz M...
Lyft CEO: Now's the time for us to go global
Lyft (LYFT) is making its biggest international move yet with its purchase of European taxi app FREENOW in a $200 million deal that opens the company to over 150 cities across nine countries. Lyft CEO...
Lyft to buy taxi app FREENOW for $197M to enter Europe
Ride-hailing giant Lyft said it has agreed to acquire FREENOW, a German multi-mobility app with ride-hail at its core, from BMW and Mercedes-Benz Mobility for about $197 million in cash.
Lyft investor Engine Capital to name board nominees in start to proxy battle
Activist investor Engine Capital is gearing up for a proxy battle at Lyft , as it prepares to nominate two directors to the board of the ride-hailing company.
Lyft CEO David Risher: $200M FreeNow acquisition 'makes us a global company'
Lyft CEO David Risher joins 'Squawk Box' to discuss the company's expansion into Europe, acquisition of the European taxi-hailing app Freenow, state of the consumer,
Engine Capital Nominates Two Highly Qualified and Independent Candidates for Election to Lyft's Board of Directors at the 2025 Annual Meeting
NEW YORK--(BUSINESS WIRE)--Engine Capital LP (together with its affiliates, “Engine” or “we”), which owns approximately one percent of the outstanding common shares of Lyft, Inc. (NASDAQ: LYFT) (“Lyft...
Lyft to enter European market with $200 million FreeNow acquisition
Lyft is buying mobility platform FreeNow from German automotive giants BMW and Mercedes-Benz for 175 million euros ($198.40 million) to expand into the European ride-hailing market, the U.S. company s...
Lyft to buy taxi app Free Now for $200 million to expand into Europe
Ride-hailing firm Lyft is buying European taxi app Free Now for $199 million. The acquisition — Lyft's first in Europe — is expected to close in the second half of 2025.
Lyft Expands in Europe, Diversifies by Acquiring FREENOW
SAN FRANCISCO & HAMBURG, Germany--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT), a leading ride hailing marketplace, today announced it has entered into a definitive agreement to acquire FREENOW, a leadi...
Lyft and StackAdapt Drive Innovation in Locally Relevant Advertising
TORONTO--(BUSINESS WIRE)--StackAdapt (www.stackadapt.com), the leading multi-channel advertising platform, has partnered with Lyft Media to launch programmatic in-app advertising within the Lyft app. ...
Lyft Stock Downgraded On Autonomous Vehicle Risk From Waymo, Tesla Competition
BofA Securities analyst Michael McGovern downgraded Lyft, Inc's LYFT rating to Underperform from Buy and cut the price forecast to $10.50 from $17.50 on Thursday.
Lyft Stock Is Double-Downgraded to Underperform. Waymo Presents ‘Substantial AV Risk,' Says BofA.
Lyft's aspirations in the autonomous vehicle market are challenged by stiff competition, analysts say.