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

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

LYFT Inc (NASDAQ:LYFT) posted its earnings results on Wednesday, August, 7th. The ride-sharing company reported ($0.68) earnings per share for the quarter, beating analysts' consensus estimates of ($1.66) by $0.98. The ride-sharing company earned $867.30 million during the quarter, compared to analysts' expectations of $809.64 million. LYFT's revenue was up 71.8% compared to the same quarter last year. View LYFT's Earnings History.

LYFT is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for LYFT.

LYFT issued an update on 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.

35 Wall Street analysts have issued 1 year price targets for LYFT's stock. Their forecasts range from $35.00 to $96.00. On average, they expect LYFT's stock price to reach $72.3487 in the next twelve months. This suggests a possible upside of 55.8% from the stock's current price. View Analyst Price Targets for LYFT.

35 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LYFT in the last year. There are currently 2 sell ratings, 7 hold ratings and 26 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LYFT.

Media stories about LYFT stock have trended somewhat negative on Sunday, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. LYFT earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave headlines about the ride-sharing company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for LYFT.

LYFT saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 26,568,800 shares, an increase of 15.3% from the July 31st total of 23,037,200 shares. Based on an average daily volume of 4,170,000 shares, the days-to-cover ratio is presently 6.4 days. Approximately 13.9% of the shares of the stock are sold short. 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), Global Payments (GPN), FleetCor Technologies (FLT), Total System Services (TSS), CoStar Group (CSGP), Msci (MSCI), 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), Square (SQ), Netflix (NFLX), Uber Technologies (UBER), Micron Technology (MU), salesforce.com (CRM), Tesla (TSLA), Advanced Micro Devices (AMD) and Boeing (BA).

(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 expires on Wednesday, September 25th. LYFT had issued 32,500,000 shares in its initial public offering on March 29th. The total size of the offering was $2,340,000,000 based on an initial share price of $72.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

LYFT's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (1.15%), Nuveen Asset Management LLC (0.92%), Ontario Teachers Pension Plan Board (0.76%), Senator Investment Group LP (0.73%), BlackRock Inc. (0.61%) and Baillie Gifford & Co. (0.60%). 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 D. E. Shaw & Co. Inc., Waddell & Reed Financial Inc., Senator Investment Group LP, Point72 Asset Management L.P., Monashee Investment Management LLC, Ontario Teachers Pension Plan Board, Atalanta Sosnoff Capital LLC and Marshall Wace North America L.P.. 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 acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Nuveen Asset Management LLC, Invesco Ltd., Baillie Gifford & Co., Balyasny Asset Management LLC, Telemark Asset Management LLC, BlackRock Inc. and Primecap Management Co. CA. 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 $46.43.

LYFT has a market capitalization of $13.60 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]