NASDAQ:LYFT - LYFT Stock Price, Forecast & News

LYFT's stock was trading at $29.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LYFT stock has decreased by 4.9% and is now trading at $27.60. View which stocks have been mosted impacted by Coronavirus.

42 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LYFT in the last year. There are currently 1 sell rating, 9 hold ratings and 32 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for LYFT.

LYFT is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for LYFT.

LYFT Inc (NASDAQ:LYFT) posted its earnings results on Tuesday, February, 11th. The ride-sharing company reported ($1.19) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.22) by $0.03. The ride-sharing company had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $984.49 million. LYFT had a negative return on equity of 167.96% and a negative net margin of 71.96%. View LYFT's earnings history.

LYFT updated its FY 2020 After-Hours earnings guidance on Tuesday, February, 11th. The company provided earnings per share 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.

42 brokers have issued 1-year price targets for LYFT's stock. Their forecasts range from $30.00 to $96.00. On average, they expect LYFT's share price to reach $61.00 in the next year. This suggests a possible upside of 121.0% from the stock's current price. View analysts' price targets for LYFT.

News headlines about LYFT stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. 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 media sentiment score of -2.1 on InfoTrie's scale. They also gave press coverage about the ride-sharing company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutLYFT.

LYFT saw a decline in short interest in February. As of February 14th, there was short interest totaling 18,360,000 shares, a decline of 10.5% from the January 30th total of 20,510,000 shares. Based on an average daily trading volume, of 5,930,000 shares, the short-interest ratio is presently 3.1 days. Approximately 9.2% of the company's stock are short sold. View LYFT's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other LYFT investors own include Uber Technologies (UBER), Alibaba Group (BABA), NVIDIA (NVDA), 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 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 served 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 trades on the NASDAQ under the ticker symbol "LYFT."

LYFT's stock is owned by many different retail and institutional investors. Top institutional shareholders include FMR LLC (14.34%), Norges Bank (1.30%), Baillie Gifford & Co. (1.24%), State Street Corp (1.09%), Ontario Teachers Pension Plan Board (0.91%) and Geode Capital Management LLC (0.75%). 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 Nuveen Asset Management LLC, Senator Investment Group LP, Polygon Management Ltd., Zweig DiMenna Associates LLC, Alyeska Investment Group L.P., Apertura Capital LLC, Zevenbergen Capital Investments LLC, and Gateway Investment Advisers LLC. 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 activity for LYFT.

LYFT stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Norges Bank, State Street Corp, Mayfield XIII Management UGP Ltd. a Cayman Islands Exempted Co., UBS Asset Management Americas Inc., Geode Capital Management LLC, MUFG Securities EMEA plc, and Fred Alger Management LLC. View insider buying and selling activity 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 $27.60.

LYFT has a market capitalization of $8.46 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 5,683 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]