Lyft, Inc. (LYFT)
|Net Income (ttm)||-1.60B|
|Day's Range||55.01 - 56.16|
|52-Week Range||21.34 - 68.28|
|Price Target||69.76 (+24.9%)|
|Est. Earnings Date||Nov 2, 2021|
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 riders personalized and on-demand access to various mobility options. It provides Ridesharing Marketplace, which connects drivers with riders; Express Drive, a flexible car rentals program for drivers; Lyft Rentals that provides vehicles for long-distance trips; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips. The c... [Read more...]
In 2020, Lyft's revenue was $2.36 billion, a decrease of -34.60% compared to the previous year's $3.62 billion. Losses were -$1.75 billion, -32.64% less than in 2019.Financial Statements
According to 39 analysts, the average rating for Lyft stock is "Buy." The 12-month stock price forecast is 69.76, which is an increase of 24.88% from the latest price.
‘We Can Control Our Own Destiny': John Zimmer Shares Lyft's Vision For The Company's Future And $1 Trillion Market Op...
Lyft cofounder John Zimmer shares the future vision for the ridesharing giant as they hit profitability ahead of analyst expectations—as well as their competitors.
Lyft Inc (NASDAQ: LYFT) is trading higher Tuesday in sympathy with Uber Technologies (NYSE: UBER) after the company announced it narrowed its third-quarter gross bookings guidance and said it expects to...
Analyst ratings measure the expected performance of a stock during a given time period. Traders and investors should know analysts and brokerage firms often use ratings when they issue stock recommenda...
Goldman Sachs analyst Eric Sheridan initiated coverage of the U.S. internet sector with a "selectively positive view." Sheridan rated Uber Technologies (NYSE:UBER) with a Buy and $64 price target, impl...
Rides may never cost what they did before the pandemic Your average Uber or Lyft ride cost 50% more this summer than before the pandemic. But prices were inching up even before lockdowns began.
CNBC's Contessa Brewer reports that Uber will cover legal fees for any Uber driver who's charged with taking women to get an abortion.
Lyft (LYFT) reported earnings 30 days ago. What's next for the stock?
Massachusetts Attorney General Maura Healey gave a coalition of app-based service providers like Uber and Lyft the go-ahead to start collecting signatures needed to put a proposed ballot measure before ...
Shares of ride hailing and food delivery company Uber Technologies have hit the skids. A judge in California recently struck down Proposition 22, a ballot initiative that exempted Uber from classifying ...
The cost of a ride from a ride-sharing app like Uber or Lyft increased 92% between January 2018 and July 2021, and the recent driver shortage is to blame.
Although both the companies have been impacted by the pandemic, as the ride-sharing market collapsed through the Covid-19 lockdowns, Uber's financial performance has been better driven by rising demand ...
Lyft Co-founder and President John Zimmer told CNBC's Jim Cramer that the renewed legal fight regarding California's Proposition 22 and the classification of workers will be on the side of his company, ...
The 'Squawk on the Street' team discuss Uber and how the Analog Devices-Maxim deal could impact Chinese stocks.
A judge in Califofornia invalidated a 2020 ballot initiative, exempting ride-hailing services like Uber and Lyft from a state law that would require its drivers to become employees. Jason Helfstein, Hea...
When markets opened Monday, Uber shares were down 2.3 percent at $39.05 and Lyft shares had fallen 3.1 percent to $44.48, according to MarketWatch data.
Gig worker stocks are on the move Monday after a California judge weighed in on a lawsuit over the state's Proposition 22 legislation. The post Gig Worker Stocks: What UBER, LYFT and DASH Investors Need...
The move is a hard hit to gig economy companies that have lobbied for the measures to pass in order for their business models to keep operating as normal.
In a blow for Uber and Lyft, a California court has ruled that a 2020 ballot measure making it so rideshare and food delivery drivers were not able to be included in a state labor law is unconstitutiona...
The measure classifies gig workers as contractors rather than employees.