NASDAQ:LYFT - LYFT Stock Price, News, & Analysis

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$56.34 -1.48 (-2.56 %)
(As of 04/26/2019 07:42 AM ET)
Previous Close$57.82
Today's Range$55.8610 - $58.4569
52-Week Range$55.56 - $88.60
Volume5.08 million shs
Average Volume13.18 million shs
Market Capitalization$16.11 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It provides Ridesharing Marketplace, which facilitates lead generation, billing and settlement, support, and related activities to enable drivers to provide their transportation services to riders. The company also offers a network of shared bikes and scooters in various cities to address the needs of riders for shorter routes; Express Drive program, a flexible car rentals program which connects drivers who need access to a car with third-party rental car companies; and concierge for organizations to manage the transportation needs of their customers and employees. In addition, it integrates third-party public transit data into the Lyft app to offer various enterprise programs, including monthly ride credits for daily commutes, supplementing public transit by providing rides for the first and last leg of commute trips, late-night rides home, and shuttle replacement rides. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

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Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:LYFT
CUSIPN/A
CIKN/A
Phone844-250-2773

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.16 billion

Profitability

Miscellaneous

Employees4,791
Market Cap$16.11 billion
Next Earnings Date5/7/2019 (Confirmed)
OptionableNot Optionable

LYFT (NASDAQ:LYFT) Frequently Asked Questions

What is LYFT's stock symbol?

LYFT trades on the NASDAQ under the ticker symbol "LYFT."

When is LYFT's next earnings date?

LYFT is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for LYFT.

How can I listen to LYFT's earnings call?

LYFT will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for LYFT?

21 brokerages have issued twelve-month price objectives for LYFT's shares. Their predictions range from $57.00 to $95.00. On average, they expect LYFT's share price to reach $75.7065 in the next year. This suggests a possible upside of 34.4% from the stock's current price. View Analyst Price Targets for LYFT.

What is the consensus analysts' recommendation for LYFT?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LYFT in the last year. There are currently 1 sell rating, 7 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LYFT.

Has LYFT been receiving favorable news coverage?

Press coverage about LYFT stock has trended negative this week, InfoTrie reports. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. LYFT earned a news sentiment score of -2.2 on InfoTrie's scale. They also assigned media coverage about the ridesharing company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Are investors shorting LYFT?

LYFT saw a increase in short interest during the month of April. As of April 15th, there was short interest totalling 14,421,098 shares, an increase of ∞ from the March 29th total of 0 shares. Based on an average daily trading volume, of 16,617,935 shares, the days-to-cover ratio is currently 0.9 days. Approximately 7.7% of the shares of the stock are sold short. View LYFT's Current Options Chain.

Who are some of LYFT's key competitors?

What other stocks do shareholders of LYFT own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LYFT investors own include Acreage (ACRGF), NVIDIA (NVDA), Netflix (NFLX), Advanced Micro Devices (AMD), Micron Technology (MU), Alibaba Group (BABA), Square (SQ), Aurora Cannabis (ACB), Boeing (BA) and salesforce.com (CRM).

Who are LYFT's key executives?

LYFT's management team includes the folowing people:
  • Mr. Logan D. Green, Co-Founder, CEO & Director (Age 35)
  • Mr. John Patrick Zimmer, Co-Founder, Pres & Vice Chairman (Age 34)
  • Mr. Brian Keith Roberts, Chief Financial Officer (Age 50)
  • Mr. Jonathan McNeill, Chief Operating Officer (Age 51)
  • Ms. Kristina Omari, VP of Corp. Devel. & Investor Relations

When did LYFT IPO?

(LYFT) raised $2 billion in an initial public offering on Friday, March 29th 2019. The company issued 30,800,000 shares at a price of $62.00-$68.00 per share. J.P. Morgan, Credit Suisse, Jefferies, UBS Securities, Stifel, Nicolaus, RBC Capital Markets and KeyBanc Capital Markets acted 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.

When does the company's quiet period expire?

LYFT's quiet period expires on Wednesday, May 8th. LYFT had issued 32,500,000 shares in its IPO on March 29th. The total size of the offering was $2,340,000,000 based on an initial share price of $72.00. During the company's quiet period, insiders and underwriters involved in the IPO are prevented from issuing any research reports for the company because of SEC regulations. Following the end of the company's quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Who are LYFT's major shareholders?

LYFT's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Columbus Circle Investors (0.09%), Calamos Advisors LLC (0.01%), FNY Investment Advisers LLC (0.00%), Creative Planning (0.00%), Oppenheimer Asset Management Inc. (0.00%) and Virtu Financial LLC (0.00%). View Institutional Ownership Trends for LYFT.

Which major investors are buying LYFT stock?

LYFT stock was bought by a variety of institutional investors in the last quarter, including Columbus Circle Investors, Calamos Advisors LLC, FNY Investment Advisers LLC, Creative Planning, Oppenheimer Asset Management Inc. and Virtu Financial LLC. View Insider Buying and Selling for LYFT.

How do I buy shares of LYFT?

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

What is LYFT's stock price today?

One share of LYFT stock can currently be purchased for approximately $56.34.

How big of a company is LYFT?

LYFT has a market capitalization of $16.11 billion and generates $2.16 billion in revenue each year. LYFT employs 4,791 workers across the globe.

What is LYFT's official website?

The official website for LYFT is http://www.lyft.com.

How can I contact LYFT?

LYFT's mailing address is 185 BERRY STREET SUITE 5000, SAN FRANCISCO CA, 94107. The ridesharing company can be reached via phone at 844-250-2773 or via email at [email protected]


MarketBeat Community Rating for LYFT (NASDAQ LYFT)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  31 (Vote Outperform)
Underperform Votes:  18 (Vote Underperform)
Total Votes:  49
MarketBeat's community ratings are surveys of what our community members think about LYFT and other stocks. Vote "Outperform" if you believe LYFT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LYFT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/26/2019 by MarketBeat.com Staff

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