NASDAQ:LYFT - LYFT Stock Price, News & Analysis

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) EPS for the quarter, topping analysts' consensus estimates 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. LYFT's quarterly 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 updated its third quarter 2019 earnings guidance on Wednesday, August, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $900-915 million, compared to the consensus revenue estimate of $840.92 million.

34 equities research analysts have issued 1-year price objectives for LYFT's stock. Their forecasts range from $35.00 to $96.00. On average, they expect LYFT's share price to reach $72.6141 in the next twelve months. This suggests a possible upside of 38.4% from the stock's current price. View Analyst Price Targets for LYFT.

34 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LYFT in the last year. There are currently 2 sell ratings, 9 hold ratings and 23 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LYFT.

Press coverage about LYFT stock has been trending negative this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by reviewing 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 five, with scores closest to five being the most favorable. LYFT earned a coverage optimism score of -2.3 on InfoTrie's scale. They also gave headlines about the ride-sharing company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for LYFT.

Some companies that are related to LYFT include Fidelity National Information Servcs (FIS), Worldpay (WP), NetEase (NTES), eBay (EBAY), Mercadolibre (MELI), First Data (FDC), Pinduoduo (PDD), FleetCor Technologies (FLT), Global Payments (GPN), CoStar Group (CSGP), Total System Services (TSS), Msci (MSCI), Ctrip.Com International (CTRP), Broadridge Financial Solutions (BR) and Akamai Technologies (AKAM).

Based on aggregate information from My MarketBeat watchlists, some companies that other LYFT investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Square (SQ), Uber Technologies (UBER), Micron Technology (MU), Canopy Growth (CGC), salesforce.com (CRM), Advanced Micro Devices (AMD) and Boeing (BA).

(LYFT) raised $2 billion in an initial public offering 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'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. After the end of the company's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

LYFT's stock is owned by a number of 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%). 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.. 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, Scottrade, Fidelity and Charles Schwab.

One share of LYFT stock can currently be purchased for approximately $52.47.

LYFT has a market capitalization of $15.25 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]