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

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

LYFT Inc (NASDAQ:LYFT) announced its earnings results on Wednesday, August, 7th. The ride-sharing company reported ($0.68) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($1.66) by $0.98. The ride-sharing company earned $867.30 million during the quarter, compared to the consensus estimate of $809.64 million. The company's revenue 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 guidance of for the period. The company issued revenue guidance of $900-915 million, compared to the consensus revenue estimate of $840.92 million.

36 equities research analysts have issued 12-month price targets for LYFT's stock. Their predictions range from $35.00 to $96.00. On average, they anticipate LYFT's stock price to reach $70.11 in the next year. This suggests a possible upside of 62.7% from the stock's current price. View Analyst Price Targets for LYFT.

36 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LYFT in the last year. There are currently 1 sell rating, 8 hold ratings and 27 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LYFT.

News stories about LYFT stock have trended somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. LYFT earned a daily sentiment score of -1.5 on InfoTrie's scale. They also assigned news coverage about the ride-sharing company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for LYFT.

LYFT saw a increase in short interest in 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 days-to-cover ratio is presently 3.3 days. Currently, 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), FleetCor Technologies (FLT), Global Payments (GPN), Total System Services (TSS), Msci (MSCI), CoStar Group (CSGP), 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), Uber Technologies (UBER), Square (SQ), Micron Technology (MU), salesforce.com (CRM), Roku (ROKU), Tesla (TSLA) and Walt Disney (DIS).

(LYFT) raised $2 billion in an initial public offering (IPO) on Friday, March 29th 2019. The company issued 30,800,000 shares at a price of $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 IPO on March 29th. The total size of the offering was $2,340,000,000 based on an initial share price of $72.00. Since the end of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.

LYFT's stock is owned by many different of retail and institutional investors. Top institutional investors include Calamos Advisors LLC (0.05%), Commerzbank Aktiengesellschaft FI (0.03%), Gateway Investment Advisers LLC (0.02%), Rhumbline Advisers (0.01%), Sumitomo Mitsui DS Asset Management Company Ltd (0.01%) and Envestnet Asset Management Inc. (0.01%). 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 purchased by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Gateway Investment Advisers LLC, Commerzbank Aktiengesellschaft FI, Osborn Williams & Donohoe LLC, Park Avenue Securities LLC, Enlightenment Research LLC, Foundations Investment Advisors LLC and Intellectus Partners 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 $43.08.

LYFT has a market capitalization of $12.61 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]