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

Lyft (LYFT) PT Raised to $18 at Susquehanna

Susquehanna analyst Shyam Patil raised the price target on Lyft (NASDAQ: LYFT) to $18.00 (from $10.00) while maintaining a Neutral rating.

The analyst comments "LYFT reported a strong 3Q with continued momentum in rider and frequency trends combined with better take rates on lower driver... More

Lyft (LYFT) PT Raised to $16 at Cantor Fitzgerald

Cantor Fitzgerald analyst Deepak Mathivanan raised the price target on Lyft (NASDAQ: LYFT) to $16.00 (from $13.00) while maintaining a Neutral rating.

The analyst comments "LYFTs (N) 3Q24 results came in with bookings and EBITDA ahead of Street estimates (Visible Alpha) by 1% and 14%,... More

Lyft (LYFT) PT Raised to $20 at Barclays

Barclays analyst Ross Sandler raised the price target on Lyft (NASDAQ: LYFT) to $20.00 (from $14.00) while maintaining a Equalweight rating.

The analyst comments "The Key Takeaway: LYFT reported GBs and EBITDA 1% and 14% above consensus, respectively, and guided ahead. Everything seems to be a tad... More

Lyft (LYFT) PT Raised to $20 at Goldman Sachs

Goldman Sachs analyst Eric Sheridan raised the price target on Lyft (NASDAQ: LYFT) to $20.00 (from $19.00) while maintaining a Neutral rating.

The analyst comments "In its Q324 earnings report, Lyft (LYFT) framed a few key themes: 1) Strong operating momentum as Gross Bookings (GBs) and Revenue exceeded... More

Lyft (LYFT) PT Raised to $19 at BofA Securities

BofA Securities analyst Michael McGovern raised the price target on Lyft (NASDAQ: LYFT) to $19.00 (from $16.00) while maintaining a Buy rating.

The analyst comments: "Reported bookings/rev/EBITDA of $4.11bn/$1.52bn/$107mn, which was above Street at $4.08bn/$1.44bn/$94mn, though EBITDA... More

Lyft (LYFT) PT Raised to $18 at Morgan Stanley

Morgan Stanley analyst Brian Nowak raised the price target on Lyft (NASDAQ: LYFT) to $18.00 (from $16.50) while maintaining a Equalweight rating.... More

After-hours movers: Qualcomm, e.l.f. Beauty, Lyft and more

After-Hours Stock Movers:

Qualcomm (NASDAQ: QCOM) rose 7% after it reported strong quarterly results and guidance. It also announced a new $15 billion buyback program.

e.l.f. Beauty (NYSE: ELF)... More

Lyft lifts guidance after reporting better-than-expected Q3 revenue

Investing.com -- Lyft lifted its full-year guidance Wednesday after reporting third-quarter revenue that beat analyst estimates. 

LYFT Inc (NASDAQ: LYFT) gained more than 17% in aftermarket hours following the... More

Lyft (LYFT) Misses Q3 EPS by 23c; offers outlook

Lyft (NASDAQ: LYFT) reported Q3 EPS of ($0.03), $0.23 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $1.52 billion versus the consensus estimate of $1.44 billion.

OUTLOOK

Fourth Quarter 2024 Outlook

Gross Bookings of approximately $4.28 billion to $4.35 billion, up 15% to 17% year-over-year... More

Lyft inks deals with Mobileye, others to bring robotaxis to ridehail platform

(Reuters) - Lyft said on Wednesday it will partner with Mobileye and two other companies in the robotaxi industry to bring self-driving cars onto its ridehail platform and bolster research and development in the sector.

The app-based taxi platform will incorporate cars owned by third-party fleet operators, equipped with the Mobileye Drive self-driving system, as it looks to... More

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

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... More

Lyft (LYFT) and Mobileye (MBLY) Team Up to Enable Autonomous Mobility at Scale

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.

Using the latest advancements in AI for autonomy, Mobileye provides AV technology to an ecosystem of purpose-built vehicle manufacturers, who integrate Mobileyes AV technology in AV-ready vehicles for purchase by vehicle fleet operators and transportation... More

Lyft (LYFT) Announces New Round of Autonomous Partnerships

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 network. Through this partnership, Lyft will make its scaled rideshare platform available to all vehicles with Mobileyes self-driving technology. Vehicles equipped with Mobileye Drive... More

Here's what analysts are looking for when Lyft reports earnings

When Lyft reports its third-quarter earnings, analysts at Wells Fargo are expected to pay close attention to several key aspects: developments in autonomous vehicles (AVs) and adjustments in insurance costs, both of which could heavily influence the company's financial outlook and stock movement.

Analysts believe that although Lyft is not completely out of the AV partner race, investors are eager for updates on its AV strategy, particularly after Uber announced multiple new partnerships in this area during the quarter.

Wells Fargo analysts project that Lyfts gross... More