NASDAQ:LYFT - LYFT Stock Price, Forecast & News

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

LYFT Inc (NASDAQ:LYFT) issued its earnings results on Tuesday, February, 11th. The ride-sharing company reported ($1.19) earnings per share for the quarter, topping the consensus estimate of ($1.22) by $0.03. The ride-sharing company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $984.49 million. LYFT had a negative return on equity of 279.94% and a negative net margin of 71.96%. View LYFT's Earnings History.

LYFT is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for LYFT.

LYFT updated its FY 2020 After-Hours earnings guidance on Tuesday, February, 11th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $4.575-4.65 billion, compared to the consensus revenue estimate of $4.59 billion.

41 equities research analysts have issued twelve-month price objectives for LYFT's stock. Their forecasts range from $35.00 to $96.00. On average, they anticipate LYFT's share price to reach $65.55 in the next year. This suggests a possible upside of 45.6% from the stock's current price. View Analyst Price Targets for LYFT.

41 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 30 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 extremely negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. LYFT earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned news headlines about the ride-sharing company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for LYFT.

LYFT saw a increase in short interest in January. As of January 31st, there was short interest totalling 20,510,000 shares, an increase of 5.1% from the January 15th total of 19,510,000 shares. Based on an average daily volume of 5,740,000 shares, the days-to-cover ratio is currently 3.6 days. Currently, 10.3% of the shares of the company are short sold. View LYFT's Current Options Chain.

Some companies that are related to LYFT include NetEase (NTES), Worldpay (WP), Pinduoduo (PDD), Mercadolibre (MELI), eBay (EBAY), FleetCor Technologies (FLT), Msci (MSCI), CoStar Group (CSGP), Total System Services (TSS), Ctrip.Com International (CTRP), Trip.com Group (TCOM), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), Fair Isaac (FICO) and The Western Union (WU).

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

(LYFT) raised $2 billion in an 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 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 stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (14.34%), Baillie Gifford & Co. (1.24%), State Street Corp (1.09%), Ontario Teachers Pension Plan Board (0.91%), Mayfield XIII Management UGP Ltd. a Cayman Islands Exempted Co. (0.42%) and Senator Investment Group LP (0.40%). 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, Polygon Management Ltd., Zweig DiMenna Associates LLC, Alyeska Investment Group L.P., Apertura Capital LLC, Zevenbergen Capital Investments LLC, Gateway Investment Advisers LLC and NumerixS Investment Technologies Inc. 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 for LYFT.

LYFT stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, State Street Corp, Mayfield XIII Management UGP Ltd. a Cayman Islands Exempted Co., UBS Asset Management Americas Inc., MUFG Securities EMEA plc, Fred Alger Management LLC, Morningstar Investment Services LLC and Tairen Capital Ltd. 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 $45.01.

LYFT has a market capitalization of $13.40 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 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]