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Lyft (LYFT) Stock Price, News & Analysis

Lyft logo
$12.23 +0.36 (+3.03%)
Closing price 04/1/2025 04:00 PM Eastern
Extended Trading
$12.05 -0.18 (-1.47%)
As of 09:03 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Lyft Stock (NASDAQ:LYFT)

Key Stats

Today's Range
$11.76
$12.27
50-Day Range
$11.27
$15.12
52-Week Range
$8.93
$19.55
Volume
15.93 million shs
Average Volume
15.26 million shs
Market Capitalization
$5.11 billion
P/E Ratio
203.83
Dividend Yield
N/A
Price Target
$17.03
Consensus Rating
Hold

Company Overview

Lyft Inc. is a ridesharing company that provides transportation services to consumers through its mobile app. The company was founded in 2012 by Logan Green and John Zimmer and is headquartered in San Francisco, California. Lyft is a peer-to-peer transportation platform that connects drivers with passengers who need a ride. The company operates in over 600 cities across the United States and Canada and has facilitated over 1 billion rides since its inception. Lyft's mission is to improve people's lives through the world's best transportation.


Lyft's management team is led by co-founders Logan Green and John Zimmer. Green serves as the CEO, while Zimmer is the President. Other key management team members include Elaine Paul, the Chief Financial Officer and Ashwin Raj, the Head of Ride Share. 

Lyft's financial performance has been impacted by the COVID-19 pandemic, with revenue declining significantly in 2020. In 2019, the company reported revenue of $3.6 billion, an increase of 68% from the previous year. However, in 2020, revenue declined to $2.4 billion, a decrease of 34%. Despite the challenging year, Lyft has a strong balance sheet, with cash and marketable securities available to help carry it through the rebound from COVID-19. 

Lyft's valuation metrics have been impacted by the pandemic and the company's financial performance. However, Lyft's price-to-earnings ratio has maintained the pace or slightly exceeded the industry averages. Lyft's stock price has been volatile recently, with significant fluctuations based on investor sentiment and news events. 

The ridesharing industry is highly competitive, with Lyft's primary competitor being Uber. Both companies have faced regulatory challenges in the United States and abroad, and the industry is subject to ongoing changes in laws and regulations. The industry is also impacted by changes in consumer preferences and technological advancements. Electric and autonomous vehicles could disrupt the industry in the coming years, and Lyft has made significant investments in these areas.

Lyft has several growth opportunities, including expanding into new markets and launching new products and services. The company has launched a subscription service called Lyft Pink, which offers perks and discounts to frequent riders. Lyft is also investing in electric and autonomous vehicles, which could provide a significant growth opportunity in the coming years. The company has partnered with self-driving car technology companies and plans to launch a commercial autonomous ride-hailing service.

Lyft faces several risks and challenges, including the ongoing impact of the COVID-19 pandemic on its business. The company also faces intense competition from Uber and other ride-hailing companies. Additionally, regulatory changes could impact the company's ability to operate in specific markets, and changes in consumer preferences could affect the company's market share. Insurance and fuel costs also present a significant challenge to the ridesharing industry, which could impact Lyft's profitability.

Lyft's investments in autonomous vehicle technology carry significant risk. The development and implementation of self-driving cars are expensive, and there is no guarantee that they will be successful. The company's efforts in this area also face significant regulatory hurdles, and Lyft must comply with various laws and regulations to launch a commercial autonomous ride-hailing service. Finally, the company's high operating costs, including driver compensation and marketing expenses, present a challenge to the company's profitability.

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Lyft Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
94th Percentile Overall Score

LYFT MarketRank™: 

Lyft scored higher than 94% of companies evaluated by MarketBeat, and ranked 60th out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Lyft has received a consensus rating of Hold. The company's average rating score is 2.32, and is based on 10 buy ratings, 27 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Lyft has been the subject of 20 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Lyft's stock forecast and price target.
  • Earnings Growth

    Earnings for Lyft are expected to grow by 122.73% in the coming year, from $0.22 to $0.49 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Lyft is 203.83, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.59.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Lyft is 203.83, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 41.66.

  • Price to Earnings Growth Ratio

    Lyft has a PEG Ratio of 1.90. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Lyft has a P/B Ratio of 6.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Lyft's valuation and earnings.
  • Percentage of Shares Shorted

    10.00% of the float of Lyft has been sold short.
  • Short Interest Ratio / Days to Cover

    Lyft has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Lyft has recently decreased by 7.08%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Lyft does not currently pay a dividend.

  • Dividend Growth

    Lyft does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    10.00% of the float of Lyft has been sold short.
  • Short Interest Ratio / Days to Cover

    Lyft has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Lyft has recently decreased by 7.08%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Lyft has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 22 news articles for Lyft this week, compared to 22 articles on an average week.
  • Search Interest

    Only 26 people have searched for LYFT on MarketBeat in the last 30 days. This is a decrease of -59% compared to the previous 30 days.
  • MarketBeat Follows

    18 people have added Lyft to their MarketBeat watchlist in the last 30 days. This is an increase of 13% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Lyft insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $203,778.00 in company stock.

  • Percentage Held by Insiders

    Only 3.07% of the stock of Lyft is held by insiders.

  • Percentage Held by Institutions

    83.07% of the stock of Lyft is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Lyft's insider trading history.
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LYFT Stock News Headlines

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LYFT Stock Analysis - Frequently Asked Questions

Lyft's stock was trading at $12.90 at the beginning of the year. Since then, LYFT shares have decreased by 5.2% and is now trading at $12.23.
View the best growth stocks for 2025 here
.

Lyft, Inc. (NASDAQ:LYFT) released its quarterly earnings data on Tuesday, February, 11th. The ride-sharing company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.20 by $0.10. Lyft had a net margin of 0.39% and a trailing twelve-month return on equity of 8.03%.

Lyft's Board of Directors approved a stock buyback program on Tuesday, February 11th 2025, which allows the company to repurchase $500,000,000 in shares, according to EventVestor. This means that the company could buy up to 8.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

Lyft (LYFT) raised $2 billion in an initial public offering (IPO) on Friday, March 29th 2019. The company issued 30,800,000 shares at $62.00-$68.00 per share. J.P. Morgan, Credit Suisse, Jefferies, UBS Securities, Stifel, Nicolaus, RBC Capital Markets and KeyBanc Capital Markets served as the underwriters for the IPO and Cowen, Raymond James, Canaccord Genuity, Evercore ISI, Piper Jaffray, JMP Securities, Wells Fargo Securities, KKR, Academy Securities, Blaylock Van, Penserra, Siebert Cisneros, The Williams Capital Group, CastleOak Securities, C.L. King & Associates, Drexel Hamilton, Great Pacific Securities, Loop Capital Markets, Mischler Financial Group, Samuel A. Ramirez, R. Seelaus and Tigress Financial Partners were co-managers.

Shares of LYFT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Lyft investors own include Meta Platforms (META), NVIDIA (NVDA), Tesla (TSLA), Verizon Communications (VZ), Humana (HUM), Uber Technologies (UBER) and Salesforce (CRM).

Company Calendar

Last Earnings
2/11/2025
Today
4/01/2025
Next Earnings (Estimated)
5/06/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Business services, not elsewhere classified
Sub-Industry
Business Services
Current Symbol
NASDAQ:LYFT
Fax
N/A
Employees
4,420
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.03
High Stock Price Target
$26.00
Low Stock Price Target
$10.00
Potential Upside/Downside
+39.3%
Consensus Rating
Hold
Rating Score (0-4)
2.32
Research Coverage
38 Analysts

Profitability

Trailing P/E Ratio
203.83
Forward P/E Ratio
55.59
P/E Growth
1.9
Net Income
$22.78 million
Pretax Margin
0.44%

Debt

Sales & Book Value

Annual Sales
$5.79 billion
Cash Flow
$0.24 per share
Price / Cash Flow
51.49
Book Value
$1.83 per share
Price / Book
6.68

Miscellaneous

Free Float
402,082,000
Market Cap
$5.11 billion
Optionable
Optionable
Beta
2.15

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This page (NASDAQ:LYFT) was last updated on 4/2/2025 by MarketBeat.com Staff
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