Lyft Stock Forecast, Price & News

29 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lyft in the last year. There are currently 7 hold ratings and 22 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Lyft stock.
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Wall Street analysts have given Lyft a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Lyft wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Lyft is scheduled to release its next quarterly earnings announcement on Wednesday, August 11th 2021.
View our earnings forecast for Lyft.

Lyft, Inc. (NASDAQ:LYFT) issued its quarterly earnings data on Tuesday, May, 4th. The ride-sharing company reported ($0.35) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.98) by $0.63. The ride-sharing company had revenue of $609 million for the quarter, compared to the consensus estimate of $554.70 million. Lyft had a negative trailing twelve-month return on equity of 80.71% and a negative net margin of 88.32%. The firm's revenue was down 36.3% compared to the same quarter last year. During the same period in the previous year, the company earned ($1.31) EPS.
View Lyft's earnings history.

Lyft's stock was trading at $29.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LYFT shares have increased by 101.3% and is now trading at $58.41.
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29 equities research analysts have issued twelve-month price objectives for Lyft's stock. Their forecasts range from $46.00 to $88.00. On average, they expect Lyft's stock price to reach $69.42 in the next year. This suggests a possible upside of 18.8% from the stock's current price.
View analysts' price targets for Lyft or view top-rated stocks among Wall Street analysts.

418 employees have rated Lyft CEO Logan Green on Glassdoor.com. Logan Green has an approval rating of 81% among Lyft's employees.

Some companies that are related to Lyft include MercadoLibre (MELI), Global Payments (GPN), Relx (RELX), eBay (EBAY), MSCI (MSCI), CoStar Group (CSGP), Zillow Group (ZG), Zillow Group (Z), FLEETCOR Technologies (FLT), Trip.com Group (TCOM), Etsy (ETSY), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), Affirm (AFRM) and Farfetch (FTCH).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Lyft investors own include Uber Technologies (UBER), Alibaba Group (BABA), NVIDIA (NVDA), Tesla (TSLA), The Walt Disney (DIS), Netflix (NFLX), Square (SQ), Micron Technology (MU), Advanced Micro Devices (AMD) and salesforce.com (CRM).

(LYFT) raised $2 billion in an 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 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.

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

Lyft's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.33%), Baillie Gifford & Co. (3.41%), Jackson Square Partners LLC (1.97%), Ameriprise Financial Inc. (1.21%), Primecap Management Co. CA (1.18%) and Artisan Partners Limited Partnership (1.03%). Company insiders that own Lyft stock include Brian Keith Roberts, David Lawee, John Patrick Zimmer, Kristin Sverchek, Lisa Blackwood-Kapral, Logan Green, Mary Agnes Wilderotter, Ran I Makavy and Valerie B Jarrett.
View institutional ownership trends for Lyft.

LYFT stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Ameriprise Financial Inc., Glenview Capital Management LLC, Kohlberg Kravis Roberts & Co. L.P., Suvretta Capital Management LLC, UBS Asset Management Americas Inc., Grantham Mayo Van Otterloo & Co. LLC, and Schonfeld Strategic Advisors LLC. Company insiders that have sold Lyft company stock in the last year include Brian Keith Roberts, David Lawee, Kristin Sverchek, Lisa Blackwood-Kapral, Logan Green, Mary Agnes Wilderotter, and Valerie B Jarrett.
View insider buying and selling activity for Lyft or view top insider-selling stocks.

LYFT stock was bought by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, AKO Capital LLP, Artisan Partners Limited Partnership, Scopus Asset Management L.P., Bank of New York Mellon Corp, BlackRock Inc., Anomaly Capital Management LP, and Allianz Asset Management GmbH.
View insider buying and selling activity for Lyft or or view top insider-buying stocks.

Shares of LYFT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LYFT stock can currently be purchased for approximately $58.41.

Lyft has a market capitalization of $19.24 billion and generates $2.36 billion in revenue each year. The ride-sharing company earns $-1,752,860,000.00 in net income (profit) each year or ($4.54) on an earnings per share basis.

Lyft employs 4,675 workers across the globe.

The official website for Lyft is www.lyft.com.

Lyft is headquartered at 185 BERRY STREET SUITE 5000, SAN FRANCISCO CA, 94107.

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