NASDAQ:LYFT - LYFT Stock Price, News & Analysis

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

LYFT Inc (NASDAQ:LYFT) announced its earnings results on Wednesday, August, 7th. The ride-sharing company reported ($0.68) earnings per share for the quarter, topping the Zacks' consensus estimate of ($1.66) by $0.98. The ride-sharing company had revenue of $867.30 million for the quarter, compared to the consensus estimate of $809.64 million. The company'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 issued an update on its third quarter 2019 earnings guidance on Wednesday, August, 7th. The company provided 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 Wall Street analysts have issued twelve-month target prices for LYFT's shares. Their predictions range from $35.00 to $96.00. On average, they anticipate LYFT's share price to reach $72.6141 in the next year. This suggests a possible upside of 35.2% 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.

Media stories about LYFT stock have trended positive on Thursday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing 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 nearest to five being the most favorable. LYFT earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave press coverage about the ride-sharing company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely 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), Total System Services (TSS), CoStar Group (CSGP), 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), Uber Technologies (UBER), Alibaba Group (BABA), Netflix (NFLX), Square (SQ), Micron Technology (MU), Canopy Growth (CGC), salesforce.com (CRM), Boeing (BA) and Acreage (ACRGF).

(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 IPO 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 company insiders and major shareholders will be eligible for trade following the end of the lock-up period.

LYFT's stock is owned by many different of retail and institutional investors. Top institutional shareholders 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 bought 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 $53.72.

LYFT has a market capitalization of $15.61 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]