Lyft (LYFT) PT Raised to $19 at Evercore ISI

Lyft Announces Strong Q3 2024 Financial Results and Raises Full-Year Outlook

Active Riders and Rides reached new all-time highs
Gross Bookings grew 16% year-over-year

SAN FRANCISCO--(BUSINESS WIRE)-- Lyft, Inc. (Nasdaq: LYFT) today announced financial results for the third quarter ended September 30, 2024.

Our team delivered one of the strongest quarters in Lyft history, following the many new innovations weve brought to drivers and riders so far this year, said CEO David Risher. Going forward, our work with best-of-breed partners and the autonomous future were building will give people even more reasons to choose Lyft every... More

Nexar and Lyft Partner To Drive The Future Scaling Of Autonomous Vehicles

NEW YORK, Nov. 6, 2024 /PRNewswire/ -- Nexar, a leader in AI-powered mobility solutions, and Lyft (NASDAQ: LYFT), one of North America's largest transportation networks, today announced plans to partner, leveraging Nexar's vast cutting-edge video telematics to create data-driven solutions that accelerate the deployment of AV... More

Lyft and Mobileye Team Up to Enable Autonomous Mobility at Scale

JERUSALEM--(BUSINESS WIRE)-- Lyft, Inc. (Nasdaq: LYFT), one of the largest transportation networks in North America, and Mobileye (Nasdaq: MBLY), a leading provider of self-driving technology and advanced driver assistance systems (ADAS), announced today plans for an alliance that aims to facilitate the widespread commercialization of autonomous vehicles' services by industry-leading fleet operators.

This press release features multimedia. View the full release here:... More

Lyft Announces New Round of Autonomous Partnerships

Lyft to join forces with Mobileye, May Mobility, and Nexar to connect riders to AVs

SAN FRANCISCO--(BUSINESS WIRE)-- Lyft, Inc. (Nasdaq: LYFT), one of North America's largest transportation networks, announced plans for multiple autonomous vehicle (AV) partnerships to connect the Lyft community with future AV rides in the Lyft app.

Today, Lyft is announcing its next step in delivering AVs to millions of people. Lyft and Mobileye, a leader in self-driving tech and advanced driver assistance systems (ADAS) plan to bring AVs to the Lyft... More