Lyft - 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 1 sell rating, 15 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" LYFT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LYFT, but not buy additional shares or sell existing shares.
View LYFT analyst ratings or view top-rated stocks.

29 brokers have issued 12-month target prices for Lyft's shares. Their LYFT share price forecasts range from $11.00 to $65.00. On average, they anticipate the company's share price to reach $26.90 in the next twelve months. This suggests a possible upside of 142.3% from the stock's current price.
View analysts price targets for LYFT or view top-rated stocks among Wall Street analysts.

Lyft's stock was trading at $42.73 on January 1st, 2022. Since then, LYFT stock has decreased by 74.0% and is now trading at $11.10.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our LYFT earnings forecast.

Lyft, Inc. (NASDAQ:LYFT) released its quarterly earnings results on Tuesday, November, 2nd. The ride-sharing company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.56) by $0.61. The ride-sharing company had revenue of $864.41 million for the quarter, compared to analysts' expectations of $860.24 million. Lyft had a negative net margin of 32.26% and a negative trailing twelve-month return on equity of 54.39%. During the same quarter in the previous year, the firm earned ($1.44) earnings per share.

Lyft updated its fourth quarter 2022 earnings guidance on Monday, November, 21st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.15 billion-$1.17 billion, compared to the consensus revenue estimate of $1.17 billion.

418 employees have rated Lyft Chief Executive Officer Logan Green on Glassdoor.com. Logan Green has an approval rating of 81% among the company's employees.

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), Walt Disney (DIS), Netflix (NFLX), Block (SQ), Micron Technology (MU), Advanced Micro Devices (AMD) and Salesforce (CRM).

(LYFT) raised $2 billion in an initial public offering 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.55%), Fisher Asset Management LLC (3.36%), Alphabet Inc. (1.76%), Spyglass Capital Management LLC (1.53%), Primecap Management Co. CA (1.31%) and Jacobs Levy Equity Management Inc. (1.15%). Insiders that own company stock include Brian Keith Roberts, David Lawee, Ian H Siegel, Kristin Sverchek, Lisa Blackwood-Kapral, Logan Green, Mary Agnes Wilderotter, Ran I Makavy and Valerie B Jarrett.
View institutional ownership trends.

Shares of LYFT stock 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.
Compare Top Brokerages Here.

One share of LYFT stock can currently be purchased for approximately $11.10.

Lyft (NASDAQ:LYFT) has a market capitalization of $4.01 billion and generates $3.21 billion in revenue each year. The ride-sharing company earns $-1,062,140,000.00 in net income (profit) each year or ($3.58) on an earnings per share basis.

The company employs 4,453 workers across the globe.

Lyft's mailing address is 185 BERRY STREET SUITE 5000, SAN FRANCISCO CA, 94107. The official website for the company is www.lyft.com. The ride-sharing company can be reached via phone at (844) 250-2773 or via email at investor@lyft.com.