Lyft sees rider demand improve in late April, 'on path to profitability'

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Uber Inc. (UBER) PT Raised to $38 at JPMorgan

May 8, 2020 5:21 AM EDT

JPMorgan analyst Doug Anmuth raised the price target on Uber Inc. (NYSE: UBER) to $38.00 (from $32.00) while maintaining a Overweight rating.

The analyst comments "Uber is the global leader in two secular growth industries, ridesharing and food delivery, and is leveraging its massive scale... More

Uber (UBER) Trades Higher in Sympathy with Lyft (LYFT) Following Results, Lyft Up 14.8%, Uber Up 6.7%

May 6, 2020 5:36 PM EDT

Uber (NYSE: UBER) Trades Higher in Sympathy with Lyft (NASDAQ: LYFT) Following Results, Lyft Up 14.8%, Uber Up 6.7%

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Lyft (LYFT) Q1 Revenues Beat

May 6, 2020 4:16 PM EDT

Lyft (NASDAQ: LYFT) reported Q1 EPS of ($1.31), which does not compare to the analyst estimate of ($0.64). Revenue for the quarter came in at $955.8 million versus the consensus estimate of $897.86 million.

While the COVID-19 pandemic poses a formidable challenge to our business, we are prepared to weather this crisis, said Logan... More