S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
These 5 Tech Stocks Have 10x Potential (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
These 5 Tech Stocks Have 10x Potential (Ad)pixel
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
As Musk is learning, content moderation is a messy job
These 5 Tech Stocks Have 10x Potential (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
Reformers take 6 of 14 UAW board seats, could win majority
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
These 5 Tech Stocks Have 10x Potential (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
These 5 Tech Stocks Have 10x Potential (Ad)pixel
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
As Musk is learning, content moderation is a messy job
These 5 Tech Stocks Have 10x Potential (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
Reformers take 6 of 14 UAW board seats, could win majority
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
These 5 Tech Stocks Have 10x Potential (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
These 5 Tech Stocks Have 10x Potential (Ad)pixel
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
As Musk is learning, content moderation is a messy job
These 5 Tech Stocks Have 10x Potential (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
Reformers take 6 of 14 UAW board seats, could win majority
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
These 5 Tech Stocks Have 10x Potential (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
Russia rejects $60-a-barrel cap on its oil, warns of cutoffs
These 5 Tech Stocks Have 10x Potential (Ad)pixel
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
As Musk is learning, content moderation is a messy job
These 5 Tech Stocks Have 10x Potential (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
Reformers take 6 of 14 UAW board seats, could win majority

Lyft - LYFT Stock Forecast, Price & News

$11.10
-0.10 (-0.89%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$10.71
$11.12
50-Day Range
$10.64
$15.15
52-Week Range
$10.43
$46.64
Volume
10.29 million shs
Average Volume
19.82 million shs
Market Capitalization
$4.01 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$26.90

Lyft MarketRank™ Forecast

Analyst Rating
Hold
2.41 Rating Score
Upside/​Downside
142.3% Upside
$26.90 Price Target
Short Interest
Healthy
16.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.19
Upright™ Environmental Score
News Sentiment
0.12mentions of Lyft in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$19,849 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.88) to ($0.80) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.62 out of 5 stars

Computer And Technology Sector

133rd out of 633 stocks

Business Services, Not Elsewhere Classified Industry

24th out of 95 stocks

LYFT stock logo

About Lyft (NASDAQ:LYFT) Stock

Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company operates multimodal transportation networks that offer riders personalized and on-demand access to various mobility options. It provides Ridesharing Marketplace, which connects drivers with riders; Express Drive, a flexible car rentals program for drivers; Lyft Rentals that provides vehicles for long-distance trips; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips. The company also integrates third-party public transit data into the Lyft app to offer riders various transportation options. In addition, it offers access to autonomous vehicles; centralized tools and enterprise transportation solutions, such as concierge transportation solutions for organizations; Lyft Pink subscription plans; Lyft Pass commuter programs; first-mile and last-mile services; and university safe rides programs. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in April 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

Receive LYFT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Lyft and its competitors with MarketBeat's FREE daily newsletter.

LYFT Stock News Headlines

Santa Claus Rally? Here’s What Needs to Happen (LYFT)
We are approaching that time of year where the stock market gets into a holiday mood triggering a Santa Claus rally into the new year. With
California recovers pandemic job losses amid economic woes
California has officially recovered all of the 2.7 million jobs it lost at the start of the pandemic
Use The Airbnb Stock Implosion to Your Advantage (LYFT)
Digital lodging platform Airbnb (NASDAQ: ABNB) shares took a plunge on its Q3 2022 earnings release as the forward guidance was tepid.
Walt Disney Stock is Set to Reset Expectations (LYFT)
Media and entertainment giant The Walt Disney Company (NYSE: DIS) stock has seen better days as shares cratered under the $90.71 double bottom on its weak
Despite Financials, Twilio is One To Watch (LYFT)
Twilio's financials suggest uncertainty but analysts believe a rebound may be coming soon, as they give it a HOLD rating.
Odds are good for sequel to California sports betting effort
The effort to legalize sports betting in California ran headlong into a typical challenge for competing ballot measures as they were battered by negative advertising that doomed both to spectacular failure in the most expensive ballot race in U.S. history
DoorDash Outperforms Despite Losses - Is It Time To Buy? (LYFT)
DoorDash has not done too well since its IPO but in a couple years, sales have improved greatly. Don't let sluggish earnings deter you from a potential buy.
California voters reject tax on rich for more electric cars
California voters have rejected a new tax on the state’s richest residents
California voters weigh new tax on rich to boost EV adoption
California voters are weighing whether to boost taxes on the rich to put more electric cars on the roads
Game time: California to decide duel sports betting measures
The gaming industry and Native American tribes are betting big on dueling ballot measures to legalize sports gambling in California but voters may not want a piece of the action
How Is The Market Feeling About Lyft?
Argus Cuts Lyft (NASDAQ:LYFT) Price Target to $17.00
Lyft (NASDAQ:LYFT) Cut to Market Perform at Cowen
Lyft, Motional to launch robotaxi service in Los Angeles
Tech Layoffs, Work From Home Weigh on Office Markets
After Earnings and Burning Cash, Is Lyft in Trouble?
See More Headlines
Receive LYFT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Lyft and its competitors with MarketBeat's FREE daily newsletter.

LYFT Company Calendar

Last Earnings
11/02/2021
Today
12/04/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/14/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:LYFT
CUSIP
55087P104
Fax
N/A
Employees
4,453
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$26.90
High Stock Price Forecast
$65.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+142.3%
Consensus Rating
Hold
Rating Score (0-4)
2.41
Research Coverage
29 Analysts

Profitability

Net Income
$-1,062,140,000.00
Pretax Margin
-32.75%

Debt

Sales & Book Value

Annual Sales
$3.21 billion
Book Value
$2.12 per share

Miscellaneous

Free Float
348,988,000
Market Cap
$4.01 billion
Optionable
Not Optionable
Beta
1.58

Key Executives

  • Mr. Logan D. GreenMr. Logan D. Green (Age 38)
    Co-Founder, CEO & Director
    Comp: $509.3k
  • Mr. John Patrick Zimmer (Age 38)
    Co-Founder, Pres & Vice Chairman
    Comp: $1.49M
  • Mr. Ashwin Raj (Age 51)
    Head of Rideshare
    Comp: $466k
  • Ms. Kristin  SverchekMs. Kristin Sverchek (Age 39)
    Pres of Bus. Affairs
    Comp: $489.92k
  • Ms. Elaine Paul (Age 54)
    Chief Financial Officer
  • Ms. Lisa  Blackwood-KapralMs. Lisa Blackwood-Kapral (Age 54)
    Chief Accounting Officer
  • Ms. Sonya Banerjee
    Head of Investor Relations
  • Lindsay Llewellyn
    Gen. Counsel & Sec.
  • Ms. Catherine Buan
    VP of Investor Relations













LYFT Stock - Frequently Asked Questions

Should I buy or sell Lyft stock right now?

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.

What is Lyft's stock price forecast for 2023?

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.

How have LYFT shares performed in 2022?

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
.

When is Lyft's next earnings date?

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

How were Lyft's earnings last quarter?

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.

What guidance has Lyft issued on next quarter's earnings?

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.

What is Logan Green's approval rating as Lyft's CEO?

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.

What other stocks do shareholders of Lyft own?

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).

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 $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.

What is Lyft's stock symbol?

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

Who are Lyft's major shareholders?

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
.

How do I buy shares of Lyft?

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.

What is Lyft's stock price today?

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

How much money does Lyft make?

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.

How many employees does Lyft have?

The company employs 4,453 workers across the globe.

How can I contact Lyft?

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.

This page (NASDAQ:LYFT) was last updated on 12/4/2022 by MarketBeat.com Staff