NASDAQ:LYFT - LYFT Stock Price, Forecast & News

$47.47

-0.51 (-1.06 %)

(As of 01/22/2020 04:00 PM ET)

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Today's Range

$47.32

Now: $47.47▼

$48.95

50-Day Range

$43.02

MA: $45.88▼

$48.18

52-Week Range

$37.07

Now: $47.47▼

$88.60

Volume4.13 million shs

Average Volume4.43 million shs

Market Capitalization$14.13 billion

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Lyft, Inc operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It provides Ridesharing Marketplace, which facilitates lead generation, billing and settlement, support, and related activities to enable drivers to provide their transportation services to riders. The company also offers a network of shared bikes and scooters in various cities to address the needs of riders for shorter routes; Express Drive program, a flexible car rentals program which connects drivers who need access to a car with third-party rental car companies; and concierge for organizations to manage the transportation needs of their customers and employees. Read More…

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Business services, not elsewhere classified

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:LYFT

Previous Symbol

CUSIP55087P104

CIKN/A

Webhttp://www.lyft.com/

Phone844-250-2773

Debt

Debt-to-Equity Ratio0.12

Current Ratio1.49

Quick Ratio1.49

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.16 billion

Price / Sales6.55

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-911,340,000.00

Net Margins-76.34%

Return on EquityN/A

Return on Assets-45.60%

Miscellaneous

Employees4,791

Outstanding Shares297,695,000

Market Cap$14.13 billion

Next Earnings Date2/11/2020 (Confirmed)

OptionableNot Optionable

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LYFT (NASDAQ:LYFT) Frequently Asked Questions

What is LYFT's stock symbol?

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

How were LYFT's earnings last quarter?

LYFT Inc (NASDAQ:LYFT) issued its quarterly earnings data on Wednesday, October, 30th. The ride-sharing company reported ($1.57) earnings per share for the quarter, beating the Zacks' consensus estimate of ($1.66) by $0.09. The ride-sharing company earned $955.60 million during the quarter, compared to the consensus estimate of $915.15 million. LYFT's revenue for the quarter was up 63.4% on a year-over-year basis. View LYFT's Earnings History.

When is LYFT's next earnings date?

LYFT is scheduled to release their next quarterly earnings announcement on Tuesday, February 11th 2020. View Earnings Estimates for LYFT.

How can I listen to LYFT's earnings call?

LYFT will be holding an earnings conference call on Tuesday, February 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for LYFT?

40 brokers have issued 12 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 $66.21 in the next year. This suggests a possible upside of 39.5% from the stock's current price. View Analyst Price Targets for LYFT.

What is the consensus analysts' recommendation for LYFT?

40 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LYFT in the last year. There are currently 2 sell ratings, 10 hold ratings and 28 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for LYFT.

What are Wall Street analysts saying about LYFT stock?

Here are some recent quotes from research analysts about LYFT stock:

1. According to Zacks Investment Research, "Lyft, Inc. is a ride-share company operating a transportation platform that connects passengers with drivers in the US and Canada. Their offerings include an expanded set of transportation modes, such as access to a network of shared bikes and scooters for shorter rides and first-mile and last-mile legs of multimodal trips. They have also added information about nearby public transit routes in select cities to offer riders a robust view of transportation options. Their multimodal platform enables TaaS, which they believe offers a viable alternative to car ownership. " (8/7/2019)
2. SunTrust Banks, Inc. analysts commented, "We believe Lyft is benefiting from favorable secular and demographic trends affecting the emerging TaaS market. These are driven by the ubiquity and sophistication of personal mobile devices, and the ever-advancing set of consumer preferences, applied to the massive and highly inefficient $1.2T transportation market. We believe these trends are translating into robust, sustained growth for Lyft for years to come, and in time attractive profitability, making the stock a compelling “pure play” on this emerging segment in NA. Big Differentiator. Unlike Uber (Buy), which is more diversified and global, Lyft’s focus on personal mobility-only and on North America should allow it to continue to move faster, lead the industry in innovation and service, in our view." (6/4/2019)

Has LYFT been receiving favorable news coverage?

News stories about LYFT stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie rates 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 -5 to 5, with scores nearest to five being the most favorable. LYFT earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave headlines about the ride-sharing company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for LYFT.

Are investors shorting LYFT?

LYFT saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 19,510,000 shares, an increase of 11.9% from the December 15th total of 17,440,000 shares. Based on an average trading volume of 6,120,000 shares, the days-to-cover ratio is currently 3.2 days. Approximately 9.8% of the company's shares are short sold. View LYFT's Current Options Chain.

Who are some of LYFT's key competitors?

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

What other stocks do shareholders of LYFT own?

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), Micron Technology (MU), Walt Disney (DIS), Roku (ROKU), Square (SQ) and Beyond Meat (BYND).

Who are LYFT's key executives?

LYFT's management team includes the folowing people:

Mr. Logan D. Green, Co-Founder, CEO & Director (Age 35)
Mr. John Patrick Zimmer, Co-Founder, Pres & Vice Chairman (Age 34)
Mr. Brian Keith Roberts, Chief Financial Officer (Age 50)
Mr. Jonathan McNeill, Chief Operating Officer (Age 51)
Ms. Kristina Omari, VP of Corp. Devel. & Investor Relations

When did LYFT IPO?

(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 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.

Who are LYFT's major shareholders?

LYFT's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Calamos Advisors LLC (0.05%), Commerzbank Aktiengesellschaft FI (0.03%), Chicago Capital LLC (0.01%), Surevest Inc. (0.01%), Janney Montgomery Scott LLC (0.00%) and Foundations Investment Advisors 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.

Which major investors are selling LYFT stock?

LYFT stock was sold by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC and Chicago Capital 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 for LYFT.

Which major investors are buying LYFT stock?

LYFT stock was purchased by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Calamos Advisors LLC, Clarius Group LLC, Surevest Inc., Foundations Investment Advisors LLC, CenterStar Asset Management LLC, Patriot Financial Group Insurance Agency LLC and Janney Montgomery Scott LLC. View Insider Buying and Selling for LYFT.

How do I buy shares of 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.

What is LYFT's stock price today?

One share of LYFT stock can currently be purchased for approximately $47.47.

How big of a company is LYFT?

LYFT has a market capitalization of $14.13 billion and generates $2.16 billion in revenue each year. LYFT employs 4,791 workers across the globe.View Additional Information About LYFT.

What is LYFT's official website?

The official website for LYFT is http://www.lyft.com/.

How can I contact LYFT?

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]

MarketBeat Community Rating for LYFT (NASDAQ LYFT)

Community Ranking:		2.8 out of 5 ( )
Outperform Votes:		122 (Vote Outperform)
Underperform Votes:		96 (Vote Underperform)
Total Votes:		218

MarketBeat's community ratings are surveys of what our community members think about LYFT and other stocks. Vote "Outperform" if you believe LYFT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LYFT will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 1/22/2020 by MarketBeat.com Staff

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