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

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

LYFT Inc (NASDAQ:LYFT) posted its quarterly earnings results on Wednesday, August, 7th. The ride-sharing company reported ($0.68) EPS for the quarter, beating the consensus estimate of ($1.66) by $0.98. The ride-sharing company earned $867.30 million during the quarter, compared to analysts' expectations of $809.64 million. The business's revenue for the quarter was up 71.8% on a year-over-year basis. View LYFT's Earnings History.

LYFT is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for LYFT.

LYFT will be holding an earnings conference call on Wednesday, October 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

LYFT updated its third quarter 2019 earnings guidance on Wednesday, August, 7th. The company provided earnings per share (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.

37 equities research analysts have issued 12 month target prices for LYFT's stock. Their forecasts range from $35.00 to $96.00. On average, they anticipate LYFT's stock price to reach $71.15 in the next year. This suggests a possible upside of 75.6% from the stock's current price. View Analyst Price Targets for LYFT.

37 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LYFT in the last year. There are currently 2 sell ratings, 8 hold ratings and 27 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LYFT.

News coverage about LYFT stock has trended very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. LYFT earned a news impact score of -3.2 on InfoTrie's scale. They also gave press coverage about the ride-sharing company a news buzz of 0.0 out of 10, indicating that recent news 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 during the month of September. As of September 30th, there was short interest totalling 19,920,000 shares, an increase of 18.5% from the August 30th total of 16,810,000 shares. Based on an average daily volume of 6,020,000 shares, the short-interest ratio is presently 3.3 days. Approximately 10.4% of the shares of the stock are short sold. 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), Netflix (NFLX), Square (SQ), Uber Technologies (UBER), Micron Technology (MU), salesforce.com (CRM), Roku (ROKU), Canopy Growth (CGC) and Advanced Micro Devices (AMD).

(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's lock-up period expired on Wednesday, September 25th. LYFT had issued 32,500,000 shares in its initial public offering on March 29th. The total size of the offering was $2,340,000,000 based on an initial share price of $72.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.

LYFT's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Gateway Investment Advisers LLC (0.02%), Sumitomo Mitsui DS Asset Management Company Ltd (0.01%), Surevest Inc. (0.01%), Intellectus Partners LLC (0.01%), Osborn Williams & Donohoe LLC (0.01%) and Enlightenment Research LLC (0.00%). 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 Sumitomo Mitsui DS Asset Management Company Ltd. 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 Gateway Investment Advisers LLC, Osborn Williams & Donohoe LLC, Enlightenment Research LLC, Foundations Investment Advisors LLC, Intellectus Partners LLC, Surevest Inc., Signaturefd LLC and Valeo Financial Advisors LLC. 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 $40.51.

LYFT has a market capitalization of $11.86 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]