NASDAQ:LYFTLYFT 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. Since then, LYFT shares have decreased by 4.5% and is now trading at $27.70. View which stocks have been most impacted by Coronavirus.

37 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LYFT in the last year. There are currently 12 hold ratings and 25 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, August 5th 2020. View our earnings forecast for LYFT.

LYFT Inc (NASDAQ:LYFT) released its quarterly earnings data on Wednesday, May, 6th. The ride-sharing company reported ($0.88) EPS for the quarter, topping the consensus estimate of ($1.08) by $0.20. The ride-sharing company earned $955.71 million during the quarter, compared to the consensus estimate of $864.44 million. LYFT had a negative net margin of 49.05% and a negative return on equity of 45.73%. View LYFT's earnings history.

37 brokers have issued 1-year target prices for LYFT's shares. Their forecasts range from $28.00 to $75.00. On average, they anticipate LYFT's share price to reach $46.94 in the next twelve months. This suggests a possible upside of 69.5% from the stock's current price. View analysts' price targets for LYFT.

Media coverage about LYFT stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, 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 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about LYFT.

LYFT saw a decrease in short interest during the month of June. As of June 15th, there was short interest totaling 18,410,000 shares, a decrease of 7.2% from the May 31st total of 19,830,000 shares. Based on an average trading volume of 10,590,000 shares, the short-interest ratio is currently 1.7 days. Approximately 8.7% of the company's stock are sold short. View LYFT's Current Options Chain.

Some companies that are related to LYFT include Msci (MSCI), CoStar Group (CSGP), FleetCor Technologies (FLT), Akamai Technologies (AKAM), Ctrip.Com International (CTRP), Trip.com Group (TCOM), Broadridge Financial Solutions (BR), Etsy (ETSY), Zillow Group (ZG), Zillow Group (Z), Fair Isaac (FICO), The Western Union (WU), Farfetch (FTCH), WEX (WEX) and GrubHub (GRUB). View all competitors.

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

(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.

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

LYFT's stock is owned by many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.03%), Vista Wealth Management Group LLC (0.03%), Strategic Wealth Designers (0.01%), Foundations Investment Advisors LLC (0.00%), Global Retirement Partners LLC (0.00%) and Sanders Morris Harris LLC (0.00%). 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 Vista Wealth Management Group 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 Strategic Wealth Designers, Sanders Morris Harris LLC, Envestnet Asset Management Inc., Foundations Investment Advisors LLC, Global Retirement Partners LLC, Harel Insurance Investments & Financial Services Ltd., and Patriot Financial Group Insurance Agency 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 $27.70.

LYFT has a market capitalization of $8.50 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]