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S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
How to profit from the coming boom in gold (Ad)
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
How to profit from the coming boom in gold (Ad)
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
'A Gold Storm Is Coming' (Ad)
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
How to profit from the coming boom in gold (Ad)
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
How to profit from the coming boom in gold (Ad)
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
'A Gold Storm Is Coming' (Ad)
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
How to profit from the coming boom in gold (Ad)
Is There Value In These Growth Stocks?
Build A Better Tech Portfolio With Jabil Inc.
How to profit from the coming boom in gold (Ad)
US stocks end mixed a day after Dow entered a bear market
Autodesk Is A Mature Company Still Acting Like A Growth Stock
'A Gold Storm Is Coming' (Ad)
Leaks on Russian gas pipelines raise concerns about sabotage
Vote in Ukraine's Russia-held areas stokes tension with West
NASDAQ:LYFT

Lyft - LYFT Stock Forecast, Price & News

$14.16
+0.64 (+4.73%)
(As of 09/27/2022 12:00 AM ET)
Add
Compare
Today's Range
$13.74
$14.35
50-Day Range
$12.53
$20.28
52-Week Range
$11.96
$57.68
Volume
11.49 million shs
Average Volume
11.25 million shs
Market Capitalization
$4.94 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$35.00

Lyft MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.54 Rating Score
Upside/​Downside
147.2% Upside
$35.00 Price Target
Short Interest
Healthy
11.09% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.99
Upright™ Environmental Score
News Sentiment
-0.37mentions of Lyft in the last 14 days
Based on 31 Articles This Week
Insider Trading
Selling Shares
$246,740 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.42) to ($0.84) Per Share

Overall MarketRank

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

2.54 out of 5 stars

Computer And Technology Sector

298th out of 636 stocks

Business Services, Not Elsewhere Classified Industry

54th out of 100 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.

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LYFT Stock News Headlines

MarketBeat: Week in Review 9/12 – 9/16 (LYFT)
In volatile markets, rely on MarketBeat to keep you focused on your investment objectives. Here are some of our most popular articles from this week
Is Lyft Going To Make It As Acquisition Rumors Swirl?
What should investors make of Lyft and ridesharing companies in general as rumors of acquisition swirl around the company?
: Lyft to freeze hiring through end of the year
Why Lyft Stock Is Falling Today
Why Lyft (LYFT) is a Top Momentum Stock for the Long-Term
See More Headlines
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LYFT Company Calendar

Last Earnings
8/04/2022
Today
9/27/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

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
$35.00
High Stock Price Forecast
$65.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+147.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.54
Research Coverage
26 Analysts

Profitability

Net Income
$-1,062,140,000.00
Pretax Margin
-25.55%

Debt

Sales & Book Value

Annual Sales
$3.21 billion
Book Value
$3.89 per share

Miscellaneous

Free Float
337,020,000
Market Cap
$4.94 billion
Optionable
Not Optionable
Beta
1.74

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?

26 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lyft in the last year. There are currently 1 sell rating, 10 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LYFT shares.
View LYFT analyst ratings
or view top-rated stocks.

What is Lyft's stock price forecast for 2022?

26 analysts have issued 1 year target prices for Lyft's stock. Their LYFT share price forecasts range from $14.00 to $65.00. On average, they expect the company's stock price to reach $35.00 in the next twelve months. This suggests a possible upside of 147.2% 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 at the beginning of 2022. Since then, LYFT shares have decreased by 66.9% and is now trading at $14.16.
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, November 1st 2022.
View our LYFT earnings forecast
.

How were Lyft's earnings last quarter?

Lyft, Inc. (NASDAQ:LYFT) issued its quarterly earnings results on Thursday, August, 4th. The ride-sharing company reported $0.13 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.18. The ride-sharing company earned $990.70 million during the quarter, compared to analyst estimates of $988.14 million. Lyft had a negative trailing twelve-month return on equity of 46.36% and a negative net margin of 24.44%. The company's quarterly revenue was up 29.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.68) EPS.

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

Lyft issued an update on its third quarter 2022 earnings guidance on Friday, September, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.04 billion-$1.06 billion, compared to the consensus revenue estimate of $1.12 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 number of retail and institutional investors. Top institutional investors include Clearbridge Investments LLC (1.84%), UBS Asset Management Americas Inc. (1.41%), Primecap Management Co. CA (1.31%), Citadel Advisors LLC (0.00%), Millennium Management LLC (0.00%) and Grantham Mayo Van Otterloo & Co. LLC (0.79%). Insiders that own company stock include Brian Keith Roberts, David Lawee, Ian H Siegel, John Patrick Zimmer, 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 $14.16.

How much money does Lyft make?

Lyft (NASDAQ:LYFT) has a market capitalization of $4.94 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 ($2.61) 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 9/28/2022 by MarketBeat.com Staff

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