NASDAQ:LYFT - LYFT Stock Price, Forecast & News

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

LYFT Inc (NASDAQ:LYFT) announced its quarterly earnings data on Tuesday, February, 11th. The ride-sharing company reported ($1.19) earnings per share for the quarter, topping the consensus estimate of ($1.22) by $0.03. The ride-sharing company earned $1.02 billion during the quarter, compared to the consensus estimate of $984.49 million. LYFT had a negative return on equity of 279.94% and a negative net margin of 71.96%. View LYFT's Earnings History.

LYFT is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for LYFT.

LYFT updated its FY 2020 After-Hours earnings guidance on Tuesday, February, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $4.575-4.65 billion, compared to the consensus revenue estimate of $4.59 billion.

41 analysts have issued 12 month target prices for LYFT's shares. Their forecasts range from $35.00 to $96.00. On average, they anticipate LYFT's share price to reach $65.55 in the next twelve months. This suggests a possible upside of 41.8% from the stock's current price. View Analyst Price Targets for LYFT.

41 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LYFT in the last year. There are currently 2 sell ratings, 9 hold ratings and 30 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LYFT.

Headlines about LYFT stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. LYFT earned a coverage optimism score of -2.5 on InfoTrie's scale. They also gave media coverage about the ride-sharing company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for LYFT.

LYFT saw a increase in short interest in January. As of January 31st, there was short interest totalling 20,510,000 shares, an increase of 5.1% from the January 15th total of 19,510,000 shares. Based on an average daily volume of 5,740,000 shares, the short-interest ratio is presently 3.6 days. Currently, 10.3% of the shares of the company are sold short. View LYFT's Current Options Chain.

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

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

(LYFT) raised $2 billion in an initial public offering (IPO) 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 stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (14.34%), Baillie Gifford & Co. (1.24%), State Street Corp (1.09%), Ontario Teachers Pension Plan Board (0.91%), Mayfield XIII Management UGP Ltd. a Cayman Islands Exempted Co. (0.42%) and Senator Investment Group LP (0.40%). Company insiders that own LYFT stock include Brian Keith Roberts, John Patrick Zimmer, Kristin Sverchek, Logan Green, Mary Agnes Wilderotter, 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 Senator Investment Group LP, Polygon Management Ltd., Zweig DiMenna Associates LLC, Alyeska Investment Group L.P., Apertura Capital LLC, Zevenbergen Capital Investments LLC, Gateway Investment Advisers LLC and NumerixS Investment Technologies Inc. Company insiders that have sold LYFT company stock in the last year include Brian Keith Roberts, John Patrick Zimmer, Kristin Sverchek, Logan Green, Mary Agnes Wilderotter and Ran I Makavy. View Insider Buying and Selling for LYFT.

LYFT stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, State Street Corp, Mayfield XIII Management UGP Ltd. a Cayman Islands Exempted Co., UBS Asset Management Americas Inc., MUFG Securities EMEA plc, Fred Alger Management LLC, Morningstar Investment Services LLC and Tairen Capital Ltd. 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 $46.24.

LYFT has a market capitalization of $13.77 billion and generates $3.62 billion in revenue each year. The ride-sharing company earns $-2,602,240,000.00 in net income (profit) each year or ($9.90) on an earnings per share basis. 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]