Lyft, Inc. (LYFT)
| Market Cap | 6.96B |
| Revenue (ttm) | 5.46B |
| Net Income (ttm) | -65.26M |
| Shares Out | 414.82M |
| EPS (ttm) | -0.17 |
| PE Ratio | n/a |
| Forward PE | 16.68 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 11,070,371 |
| Open | 16.55 |
| Previous Close | 16.57 |
| Day's Range | 16.41 - 16.98 |
| 52-Week Range | 8.93 - 20.82 |
| Beta | 2.04 |
| Analysts | Hold |
| Price Target | 17.23 (+2.74%) |
| Earnings Date | Nov 6, 2024 |
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 "Hold." The 12-month stock price forecast is $17.23, which is an increase of 2.74% from the latest price.
News
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...
Lyft Stock Surges as Analysts Lift Price Targets After Earnings
Lyft (LYFT) shares jumped 23% Thursday as several analysts lifted their price targets for the ridesharing company's stock after its third-quarter results and fourth-quarter outlook came in better than...
Lyft stock soars on Q4 outlook
Lyft (LYFT) shares leaped higher after the company reported better-than-expected sales for the third quarter, coupled with a strong outlook for the current quarter. Active riders are up 9% from a year...
Downgrading Lyft To A Sell: Switching Cars
Lyft, Inc.'s stock surged ~29% post Q3 2024 earnings and ~84% since my last buy call. I'm downgrading the stock to a sell and see limited upside ahead after the rally. Lyft's Price Lock initiative boo...
Lyft CEO on Price Lock, Earnings, Robots, Regulation
Lyft CEO David Risher joined Bloomberg's Ed Ludlow and Matt Miller to talk about the driving forces behind the ride-hailing service's strong quarter. The company reported a record number of unique rid...
Lyft CEO Wants Federal Autonomous Car Regulation
Lyft CEO David Risher discusses his plans on navigating a second Donald Trump presidency. He hopes to see federal rules that clarify the employment status of rideshare drivers and regulations around a...
Lyft Stock Is Soaring After Earnings. Here's Why
Lyft stock is rallying Thursday after the ride-sharing firm reported strong Q3 earnings and raised its full-year outlook. This is what you need to know.
Lyft's Bookings Guidance Bests Uber, Analyst Says: 'Better Than Feared'
Shares of Lyft Inc LYFT were climbing in early trading on Thursday, after the company reported upbeat third-quarter results.
Dow, S&P, Nasdaq hit record highs ahead of Fed decision; Lyft surges 28%, DJT gives up gains
US equity benchmarks rose slightly on Thursday ahead of the outcome of the US Federal Reserve's policy meeting later in the day. Benchmark averages extended gains from Wednesday and hit new record hi...
Lyft CEO David Risher: Halloween was a monster
Lyft CEO David Risher on Thursday discussed consumer demand on Halloween and Election Day.
LYFT Drives Big Rally, ELF's Earnings Makeover, MRNA Bounces Back
Lyft Inc. (LYFT) is racing to catch up to Uber Technologies (UBER) after an earnings beat and guidance raise thrust shares to the upside. e.l.f. Beauty (ELF) covered blemishes from its previous report...
Lyft CEO David Risher on Q3 results: Customer obsession drives profitable growth
Lyft CEO David Risher joins 'Squawk Box' to discuss the company's quarterly earnings results, stronger-than-expected fourth-quarter outlook, pricing strategies, strength of the consumer, autonomous pa...
Lyft: Proving That Rideshare Is A 2-Player Market In The U.S.
Lyft's Q3 earnings exceeded expectations, with 32% y/y revenue growth to $1.52 billion and 16% y/y gross bookings growth. Shares jumped ~20% in response. Importantly, the company is also guiding to po...
Lyft Stock Surges After Sales Beat. Its Mobileye Self-Driving Partnership Also Helps.
The ride-hailing company posted third-quarter sales of $1.52 billion, above estimates of $1.44 billion.
Lyft, Inc. (LYFT) Q3 2024 Earnings Call Transcript
Lyft, Inc. (LYFT) Q3 2024 Earnings Call Transcript
Lyft Stock Speeds Up on Narrower-Than-Expected Loss, Raised Outlook
Lyft (LYFT) shares soared over 20% in extended trading Wednesday after the company reported better-than-expected quarterly results and raised its outlook.
Lyft's New Pacts Are the Mobility Industry's Latest Autonomy Moves
Lyft (LYFT) has joined rideshare rival Uber (UBER) in signing a number of partnerships with autonomous driving software makers to bring "robotaxis" to its platform.