Lyft (LYFT) Expected to Post Quarterly Earnings on Thursday

Key Points

• Lyft is expected to report Q3 2026 results after Thursday’s market close, with analysts forecasting earnings of $0.1991 per share and revenue of $1.92 billion.
• In the prior quarter, Lyft reported $0.13 EPS—slightly below expectations—but revenue of $1.84 billion exceeded estimates and increased 16.1% year over year.
• Analyst sentiment remains mixed, with an overall “Hold” rating and an average price target of $19.20; regulatory scrutiny over personalized pricing and other competitive and economic risks remain key concerns.

Lyft (NASDAQ:LYFT - Get Free Report) is expected to release its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect Lyft to announce earnings of $0.1991 per share and revenue of $1.92 billion for the quarter. Investors are encouraged to explore the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

Lyft (NASDAQ:LYFT - Get Free Report) last announced its earnings results on Thursday, August 6th. The ride-sharing company reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by ($0.01). The firm had revenue of $1.84 billion for the quarter, compared to the consensus estimate of $1.81 billion. Lyft had a negative return on equity of 1.20% and a net margin of 42.32%. Lyft's quarterly revenue was up 16.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.10 EPS. On average, analysts expect Lyft to post $0.81 EPS for the current fiscal year and $1.16 EPS for the next fiscal year.

Lyft Price Performance

LYFT stock opened at $16.34 on Thursday. The firm has a market cap of $6.19 billion, a price-to-earnings ratio of 2.38, a PEG ratio of 1.05 and a beta of 1.95. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.33. Lyft has a 12-month low of $12.46 and a 12-month high of $25.54. The company's fifty day simple moving average is $16.25 and its 200 day simple moving average is $15.19.

Insider Buying and Selling

In related news, insider Lindsay Llewellyn sold 13,204 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $16.64, for a total transaction of $219,714.56. Following the transaction, the insider directly owned 781,152 shares of the company's stock, valued at $12,998,369.28. This represents a 1.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director David Lawee sold 4,613 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $17.33, for a total transaction of $79,943.29. Following the transaction, the director directly owned 119,124 shares in the company, valued at approximately $2,064,418.92. This represents a 3.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 112,020 shares of company stock worth $1,850,559 over the last ninety days. 0.92% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Bank of America upgraded Lyft from an "underperform" rating to a "buy" rating in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $17.00 price objective on shares of Lyft in a research report on Monday, August 10th. Royal Bank Of Canada reissued an "outperform" rating and issued a $20.00 price objective on shares of Lyft in a research note on Tuesday, August 18th. Guggenheim lowered Lyft from a "buy" rating to a "neutral" rating and cut their target price for the company from $22.00 to $16.00 in a research report on Thursday, September 17th. Finally, Morgan Stanley upped their target price on Lyft from $17.00 to $18.00 and gave the company an "equal weight" rating in a research report on Thursday, July 30th. Ten analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Lyft has an average rating of "Hold" and an average price target of $19.20.

Trending Headlines about Lyft

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Lyft is expanding its advertising business through data partnerships and new advertising formats, offering a potential source of higher-margin, non-ride revenue as the company seeks to improve profitability. Lyft is building its ad business on data, partnerships and accretive advertising formats
• Positive Sentiment: A bullish investment thesis highlights Lyft’s record rider growth and potential margin expansion, which could help it narrow the gap with larger competitors Uber and DoorDash. Lyft versus Uber and DoorDash
• Neutral Sentiment: Lyft is offering discounted or free Halloween-weekend rides in several markets, including the Washington, D.C., Las Vegas and Ohio areas, to reduce impaired driving. The promotions may support trip volumes and public goodwill, though subsidies could weigh on near-term revenue per ride. Free Halloween weekend Lyft rides offered across DC area
• Negative Sentiment: The FTC demanded information from Lyft, Uber, DoorDash and other companies as part of a probe into personalized pricing. The investigation may threaten pricing practices that improve marketplace efficiency and could lead to regulatory action. FTC demands information in personalized pricing probe
• Negative Sentiment: Market coverage directly linked the decline in Uber and Lyft shares to the new pricing investigation, making regulatory risk the primary near-term pressure on LYFT. Uber and Lyft stocks fall on new pricing investigation
• Negative Sentiment: Analyst commentary also cites autonomous-vehicle competition, a $272.5 million California driver settlement and broader economic sensitivity as risks, alongside potential short-term earnings pressure. Lyft double-edged economy and short-term earnings worries

Lyft Company Profile

Lyft, Inc is a technology company that operates a transportation network platform in the United States and Canada. Its platform connects passengers with drivers through a mobile application and website, primarily offering on-demand rides in private vehicles, taxis and other transportation options.

The company also provides access to bicycles and scooters in select markets, as well as vehicle rentals and transportation solutions for businesses, healthcare organizations and other institutions.

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