LYFT Stock Price, News & Analysis (NASDAQ:LYFT)

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

LYFT Inc (NASDAQ:LYFT) issued its earnings results on Wednesday, August, 7th. The ride-sharing company reported ($0.68) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($1.66) by $0.98. The ride-sharing company earned $867.30 million during the quarter, compared to analyst estimates of $809.64 million. The firm's revenue was up 71.8% compared to the same quarter last year. View LYFT's Earnings History.

LYFT is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for LYFT.

LYFT updated its third quarter 2019 earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $900-915 million, compared to the consensus revenue estimate of $840.92 million.

35 analysts have issued 1 year target prices for LYFT's stock. Their forecasts range from $35.00 to $96.00. On average, they anticipate LYFT's share price to reach $72.3487 in the next year. This suggests a possible upside of 55.8% from the stock's current price. View Analyst Price Targets for LYFT.

35 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LYFT in the last year. There are currently 2 sell ratings, 7 hold ratings and 26 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LYFT.

News headlines about LYFT stock have trended somewhat negative recently, InfoTrie reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. LYFT earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave media coverage about the ride-sharing company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for LYFT.

LYFT saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 26,568,800 shares, an increase of 15.3% from the July 31st total of 23,037,200 shares. Based on an average trading volume of 4,170,000 shares, the days-to-cover ratio is currently 6.4 days. Currently, 13.9% of the company's shares are sold short. View LYFT's Current Options Chain.

Some companies that are related to LYFT include Worldpay (WP), Pinduoduo (PDD), NetEase (NTES), eBay (EBAY), First Data (FDC), Mercadolibre (MELI), Global Payments (GPN), FleetCor Technologies (FLT), Total System Services (TSS), CoStar Group (CSGP), Msci (MSCI), Ctrip.Com International (CTRP), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR) and The Western Union (WU).

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

(LYFT) raised $2 billion in an initial public offering (IPO) 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.

LYFT's lock-up period expires on Wednesday, September 25th. 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. After the expiration of LYFT's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

LYFT's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (1.15%), Nuveen Asset Management LLC (0.92%), Ontario Teachers Pension Plan Board (0.76%), Senator Investment Group LP (0.73%), BlackRock Inc. (0.61%) and Baillie Gifford & Co. (0.60%). Company insiders that own LYFT stock include Kristin Sverchek, R Ann Miura-Ko and Ran I Makavy. View Institutional Ownership Trends for LYFT.

LYFT stock was sold by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., Waddell & Reed Financial Inc., Senator Investment Group LP, Point72 Asset Management L.P., Monashee Investment Management LLC, Ontario Teachers Pension Plan Board, Atalanta Sosnoff Capital LLC and Marshall Wace North America L.P.. Company insiders that have sold LYFT company stock in the last year include Kristin Sverchek and Ran I Makavy. View Insider Buying and Selling for LYFT.

LYFT stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Nuveen Asset Management LLC, Invesco Ltd., Baillie Gifford & Co., Balyasny Asset Management LLC, Telemark Asset Management LLC, BlackRock Inc. and Primecap Management Co. CA. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of LYFT stock can currently be purchased for approximately $46.43.

LYFT has a market capitalization of $13.60 billion and generates $2.16 billion in revenue each year. LYFT employs 4,791 workers across the globe.View Additional Information About LYFT.

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

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]