NASDAQ:LYFTLYFT Stock Price, Forecast & News

LYFT's stock was trading at $29.01 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LYFT shares have increased by 5.2% and is now trading at $30.52.
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36 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LYFT in the last year. There are currently 12 hold ratings and 24 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 Wednesday, November 4th 2020.
View our earnings forecast for LYFT.

LYFT Inc (NASDAQ:LYFT) released its quarterly earnings data on Wednesday, August, 12th. The ride-sharing company reported ($0.86) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($1.55) by $0.69. LYFT had a negative net margin of 49.05% and a negative return on equity of 45.73%.
View LYFT's earnings history.

36 brokers have issued 1 year price targets for LYFT's stock. Their forecasts range from $28.00 to $74.00. On average, they anticipate LYFT's share price to reach $45.42 in the next twelve months. This suggests a possible upside of 48.8% from the stock's current price.
View analysts' price targets for LYFT.

Press coverage about LYFT stock has trended positive recently, InfoTrie reports. The research firm rates the sentiment of media 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 closest to five being the most favorable. LYFT earned a news impact score of 2.7 on InfoTrie's scale. They also assigned news articles about the ride-sharing company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.
View the latest news about LYFT.

LYFT saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 22,120,000 shares, an increase of 25.1% from the June 15th total of 17,680,000 shares. Based on an average daily trading volume, of 9,410,000 shares, the days-to-cover ratio is presently 2.4 days. Currently, 10.5% of the shares of the stock are sold short.
View LYFT's Short Interest.

Some companies that are related to LYFT include CoStar Group (CSGP), Msci (MSCI), FleetCor Technologies (FLT), Akamai Technologies (AKAM), Zillow Group (Z), Ctrip.Com International (CTRP), Trip.com Group (TCOM), Zillow Group (ZG), Broadridge Financial Solutions (BR), Etsy (ETSY), Fair Isaac (FICO), The Western Union (WU), Farfetch (FTCH), WEX (WEX) and GrubHub (GRUB).
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Based on aggregate information from My MarketBeat watchlists, some companies that other LYFT investors own include Uber Technologies (UBER), NVIDIA (NVDA), Alibaba Group (BABA), Tesla (TSLA), Netflix (NFLX), Walt Disney (DIS), Micron Technology (MU), Square (SQ), Advanced Micro Devices (AMD) and Roku (ROKU).

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

LYFT's stock is owned by many different retail and institutional investors. Top institutional investors include FMR LLC (14.50%), Jackson Square Partners LLC (1.28%), Grantham Mayo Van Otterloo & Co. LLC (1.18%), Calamos Advisors LLC (0.30%), Rockefeller Capital Management L.P. (0.28%) and Morningstar Investment Services LLC (0.25%). 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, Elephas Investment Management Ltd, FMR LLC, Calamos Advisors LLC, Mitsubishi UFJ Kokusai Asset Management Co. Ltd., CWH Capital Management Inc., SG Americas Securities LLC, and Skandinaviska Enskilda Banken AB publ . 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 bought by a variety of institutional investors in the last quarter, including Jackson Square Partners LLC, Rockefeller Capital Management L.P., Grantham Mayo Van Otterloo & Co. LLC, Columbus Hill Capital Management L.P., Macquarie Group Ltd., New York State Common Retirement Fund, Trexquant Investment LP, and California Public Employees Retirement System.
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 $30.52.

LYFT has a market capitalization of $9.36 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.

The official website for LYFT is 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]