NASDAQ:LYFT

Lyft Stock Forecast, Price & News

$58.41
+2.30 (+4.10 %)
(As of 06/14/2021 12:00 AM ET)
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Today's Range
$56.20
$60.30
50-Day Range
$46.02
$64.44
52-Week Range
$21.34
$68.28
Volume8.73 million shs
Average Volume7.27 million shs
Market Capitalization$19.24 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.31
30 days | 90 days | 365 days | Advanced Chart
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Lyft logo

About Lyft

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 autonomous vehicles; concierge for organizations; Lyft Pass that allows organizations to create custom transportation programs; enterprise programs, including monthly ride credits for daily commutes, supplementing public transit by providing rides for the first and last leg of commute trips, late-night rides home, and shuttle replacement rides; and transportation solutions that can be customized for events, such as recruiting events, conferences, celebrations, meetings, and company retreats. 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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MarketRank

Overall MarketRank

1.71 out of 5 stars

Computer And Technology Sector

226th out of 1,586 stocks

Business Services, Not Elsewhere Classified Industry

41st out of 202 stocks

Analyst Opinion: 3.4Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Lyft (NASDAQ:LYFT) Frequently Asked Questions

Is Lyft a buy right now?

29 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lyft in the last year. There are currently 7 hold ratings and 22 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Lyft stock.
View analyst ratings for Lyft
or view top-rated stocks.

What stocks does MarketBeat like better than Lyft?

Wall Street analysts have given Lyft a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Lyft wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Lyft's next earnings date?

Lyft is scheduled to release its next quarterly earnings announcement on Wednesday, August 11th 2021.
View our earnings forecast for Lyft
.

How were Lyft's earnings last quarter?

Lyft, Inc. (NASDAQ:LYFT) issued its quarterly earnings data on Tuesday, May, 4th. The ride-sharing company reported ($0.35) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.98) by $0.63. The ride-sharing company had revenue of $609 million for the quarter, compared to the consensus estimate of $554.70 million. Lyft had a negative trailing twelve-month return on equity of 80.71% and a negative net margin of 88.32%. The firm's revenue was down 36.3% compared to the same quarter last year. During the same period in the previous year, the company earned ($1.31) EPS.
View Lyft's earnings history
.

How has Lyft's stock been impacted by Coronavirus (COVID-19)?

Lyft's stock was trading at $29.01 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LYFT shares have increased by 101.3% and is now trading at $58.41.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for LYFT?

29 equities research analysts have issued twelve-month price objectives for Lyft's stock. Their forecasts range from $46.00 to $88.00. On average, they expect Lyft's stock price to reach $69.42 in the next year. This suggests a possible upside of 18.8% from the stock's current price.
View analysts' price targets for Lyft
or view top-rated stocks among Wall Street analysts.

Who are Lyft's key executives?

Lyft's management team includes the following people:
  • Mr. Logan D. Green, Co-Founder, CEO & Director (Age 37, Pay $801.56k)
  • Mr. John Patrick Zimmer, Co-Founder, Pres & Vice Chairman (Age 37, Pay $2.01M)
  • Mr. Brian Keith Roberts, Chief Financial Officer (Age 52, Pay $444.01k)
  • Ms. Kristin Sverchek, Gen. Counsel & Sec. (Age 38, Pay $435.24k)
  • Ms. Lisa Blackwood-Kapral, Chief Accounting Officer (Age 53)
  • Ms. Sonya Banerjee, Head of Investor Relations
  • Ms. Kristina Omari, VP of Corp. Devel.
  • Mr. Rajil Kapoor, Chief Strategy Officer (Age 50)
  • Mr. Ashwin Raj, Interim Head of Rideshare
  • Mr. Will Valentine, VP and Head of Communications & PR

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

418 employees have rated Lyft CEO Logan Green on Glassdoor.com. Logan Green has an approval rating of 81% among Lyft's employees.

Who are some of Lyft's key competitors?

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), The Walt Disney (DIS), Netflix (NFLX), Square (SQ), Micron Technology (MU), Advanced Micro Devices (AMD) and salesforce.com (CRM).

When did Lyft IPO?

(LYFT) raised $2 billion in an 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.

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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.33%), Baillie Gifford & Co. (3.41%), Jackson Square Partners LLC (1.97%), Ameriprise Financial Inc. (1.21%), Primecap Management Co. CA (1.18%) and Artisan Partners Limited Partnership (1.03%). Company insiders that own Lyft stock include Brian Keith Roberts, David Lawee, John Patrick Zimmer, Kristin Sverchek, Lisa Blackwood-Kapral, Logan Green, Mary Agnes Wilderotter, Ran I Makavy and Valerie B Jarrett.
View institutional ownership trends for Lyft
.

Which institutional investors are selling Lyft stock?

LYFT stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Ameriprise Financial Inc., Glenview Capital Management LLC, Kohlberg Kravis Roberts & Co. L.P., Suvretta Capital Management LLC, UBS Asset Management Americas Inc., Grantham Mayo Van Otterloo & Co. LLC, and Schonfeld Strategic Advisors LLC. Company insiders that have sold Lyft company stock in the last year include Brian Keith Roberts, David Lawee, Kristin Sverchek, Lisa Blackwood-Kapral, Logan Green, Mary Agnes Wilderotter, and Valerie B Jarrett.
View insider buying and selling activity for Lyft
or view top insider-selling stocks.

Which institutional investors are buying Lyft stock?

LYFT stock was bought by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, AKO Capital LLP, Artisan Partners Limited Partnership, Scopus Asset Management L.P., Bank of New York Mellon Corp, BlackRock Inc., Anomaly Capital Management LP, and Allianz Asset Management GmbH.
View insider buying and selling activity for Lyft
or or view top insider-buying stocks.

How do I buy shares of Lyft?

Shares of LYFT 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 $58.41.

How much money does Lyft make?

Lyft has a market capitalization of $19.24 billion and generates $2.36 billion in revenue each year. The ride-sharing company earns $-1,752,860,000.00 in net income (profit) each year or ($4.54) on an earnings per share basis.

How many employees does Lyft have?

Lyft employs 4,675 workers across the globe.

What is Lyft's official website?

The official website for Lyft is www.lyft.com.

Where are Lyft's headquarters?

Lyft is headquartered at 185 BERRY STREET SUITE 5000, SAN FRANCISCO CA, 94107.

How can I contact Lyft?

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]


This page was last updated on 6/14/2021 by MarketBeat.com Staff
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