Lyft (LYFT) PT Lowered to $15 at DA Davidson

Lyft (LYFT) PT Lowered to $15 at BMO Capital Amid 'Uneven Bookings'

February 12, 2025 10:35 AM EST

BMO Capital analyst Brian J. Pitz lowered the price target on Lyft (NASDAQ: LYFT) to $15.00 (from $18.00) while maintaining a Market Perform rating.

The analyst commented: "Uneven Bookings Outlook Keeps Us Cautious; We maintain our Market Perform on shares of LYFT and lower our... More

Benchmark Reiterates Buy Rating on Lyft (LYFT)

February 12, 2025 10:14 AM EST

Benchmark analyst Daniel L. Kurnos reiterated a Buy rating and $20.00 price target on Lyft (NASDAQ: LYFT).

He said, "The war of words and results continue, with Lyft (LYFT: Buy, PT $20) losing the latest exchange of blows with Uber (UBER: Hold) despite both companies talking about stable market share and stable overall pricing. This last topic will be the biggest point of contention as Uber previously, and even up to and through the last... More

Lyft (LYFT) PT Lowered to $14 at Cantor Fitzgerald

February 12, 2025 7:25 AM EST

Cantor Fitzgerald analyst Deepak Mathivanan lowered the price target on Lyft (NASDAQ: LYFT) to $14.00 (from $15.00) while maintaining a Neutral rating.

The analyst commented, LYFT reported 4Q bookings 1% below prior Street forecast (Visible Alpha), but EBITDA came in 8% better. More importantly, the... More

Lyft (LYFT) PT Lowered to $16 at Wedbush

February 12, 2025 7:02 AM EST

Wedbush analyst Scott Devitt lowered the price target on Lyft (NASDAQ: LYFT) to $16.00 (from $18.00) while maintaining a Neutral rating.... More

Lyft (LYFT) PT Lowered to $15 at UBS

February 12, 2025 6:30 AM EST

UBS analyst Lloyd Walmsley lowered the price target on Lyft (NASDAQ: LYFT) to $15.00 (from $16.00) while maintaining a Neutral rating.... More

Lyft shares slide as lower pricing trends persist amid competition with Uber

February 12, 2025 5:42 AM EST

(Reuters) - Lyft shares slumped about 9% on Wednesday after the ride-hailing company warned that lower pricing trends from late last year are expected to continue in 2025, as it tries to match prices with larger rival Uber.

The ride-hailing platform has been aggressively working on luring customers and drivers onto its platform by keeping prices competitive and launching new features that differentiate it from Uber.

However, Lyft said on Tuesday that it saw prices fall in the fourth quarter and the... More

Lyft (LYFT) PT Lowered to $16 at JPMorgan

February 12, 2025 5:34 AM EST

JPMorgan analyst Doug Anmuth lowered the price target on Lyft (NASDAQ: LYFT) to $16.00 (from $19.00) while maintaining a Neutral rating.

The analyst comments "We believe Lyft's execution has improved over the past year w/increased focus on product innovation and service for both drivers and riders. Those initiatives led to 4Q upside in Active Riders (+10% Y/Y) and Adjusted EBITDA ($113M, 2.6% margin). However, we believe Lyft is facing an increasingly competitive rideshare landscape as of late 4Q and into 1Q. In a duopoly... More

Lyft (LYFT) PT Lowered to $15 at Evercore ISI

February 12, 2025 5:27 AM EST

Evercore ISI analyst Mark Mahaney lowered the price target on Lyft (NASDAQ: LYFT) to $15.00 (from $19.00) while maintaining a In Line rating.

The analyst comments "Our View: We maintain our In Line rating and lower our PT to $15 (from $19) in the wake... More

Goldman Sachs Reiterates Neutral Rating on Lyft (LYFT)

February 12, 2025 5:16 AM EST

Goldman Sachs analyst Eric Sheridan reiterated a Neutral rating and $20.00 price target on Lyft (NASDAQ: LYFT)

The analyst comments "In its Q424 earnings report, Lyft (LYFT) framed a few key themes: 1) Gross Bookings (GBs) landed at the low end of the guided range for Q424 and the high-end of the Q125 GB guide was below the Street, with the... More

Lyft (LYFT) PT Lowered to $19 at Barclays

February 12, 2025 4:05 AM EST

Barclays analyst Ross Sandler lowered the price target on Lyft (NASDAQ: LYFT) to $19.00 (from $20.00) while maintaining a Equalweight rating.... More

Lyft (LYFT) PT Lowered to $17 at Truist Securities

February 12, 2025 12:03 AM EST

Truist Securities analyst Youssef Squali lowered the price target on Lyft (NASDAQ: LYFT) to $17.00 (from $20.00) while maintaining a Hold rating.

The analyst comments: "Mixed 4Q24 results/1Q guide reflect healthy underlying demand offset somewhat by NT pricing pressures which began in late Dec.... More

Canaccord Genuity Reiterates Buy Rating on Lyft (LYFT)

February 12, 2025 12:02 AM EST

Canaccord Genuity analyst Michael Graham reiterated a Buy rating and $22.00 price target on Lyft (NASDAQ: LYFT)

The analyst comments: "Lyft reported a mixed but stable quarter in Q4, with gross bookings slightly below, revenue in line with, and adj. EBITDA solidly above CGe. Both... More

After-hours movers: Lyft , Super Micro Computer, Upstart Holdings, DoorDash and more

February 11, 2025 4:58 PM EST

After-hours movers:

Lyft (NASDAQ: LYFT) fell 10% after its guidance disappointed investors. The company sees first quarter gross bookings growth of approximately 10% to 14% year over year, or approximately $4.05 billion to $4.20 billion, amidst the recent pricing environment in the U.S. market. Consensus for gross bookings was $4.23 billion.

Super Micro Computer... More

Lyft shares slump after Q4 profit misses estimates

February 11, 2025 4:26 PM EST

Investing.com -- Lyft Inc shares were down around 7% at $13.4 in aftermarket trading on Tuesday after the ride hailing company reported fourth-quarter earnings that missed Wall Street expectations, even as revenue topped estimates.

The company posted earnings per share of $0.15, falling short of analysts' average estimate of $0.21.... More

Lyft (LYFT) Misses Q4 EPS by 6c, Offers Outlook

February 11, 2025 4:08 PM EST

Lyft (NASDAQ: LYFT) reported Q4 EPS of $0.15, $0.06 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.56 billion.

Q125 Outlook

Rides growth in the mid-teens year over year driven by industry-leading service... More

RBC Capital's Expectations for Internet Earnings

February 11, 2025 8:29 AM EST

RBC Analyst Brad Erickson's expectations for internet earnings: ZG, DASH, LYFT, ANGI, UPWK, ABNB, GDDY.

The analyst commented: "Within internet earnings this week: 1) ZG: Based on NAR's EHS reports, we believe Q4 came in stronger than the company guided but the question is if the company's usual conservative guidance keeps Q1 estimates where they're at or brings them down slightly. The stock's run and... More

Lyft (LYFT) PT Raised to $21 at BofA Securities

February 11, 2025 5:21 AM EST

BofA Securities analyst Michael McGovern raised the price target on Lyft (NASDAQ: LYFT) to $21.00 (from $19.00) while maintaining a Buy rating.

The analyst comments "Lyft CEO David Risher posted on X: Last November, we shared our collab with @Mobileye to bring Lyft-ready autonomous... More

Lyft (LYFT) call put ratio 3.3 calls to 1 put with a focus on February 15.50 calls into quarter results

February 10, 2025 10:56 AM EST

Lyft (NASDAQ: LYFT) February 14 weekly call option implied volatility is at 133, February is at 86; compared to its 52-week range of into the expected release of quarter results after the bell on February 11. Call put ratio 3.3 calls to 1 put with a focus on February 15.50 calls.

... More

Lyft to roll out Mobileye powered-robotaxis 'as soon as 2026'

February 10, 2025 9:08 AM EST

(Reuters) -U.S. ride-hailing firm Lyft plans to launch "as soon as 2026" fully autonomous robotaxis in Dallas, powered by Mobileye's technology, CEO David Risher said on Monday.

Shares of Lyft rose 4.6% in early morning trading, while Mobileye jumped 17%.

Automakers and technology companies are channeling significant investments in driverless... More

Lyft (LYFT) to launch Mobileye-(MBLY) powered robotaxis ‘as soon as 2026,’ starting with Dallas - TechCrunch

February 10, 2025 8:58 AM EST

Lyft (NASDAQ: LYFT) to launch Mobileye-(MBLY) powered robotaxis as soon as 2026, starting with Dallas - TechCrunch

... More

Wolfe Research Reiterates Peerperform Rating on Lyft (LYFT)

February 10, 2025 5:31 AM EST

Wolfe Research analyst Shweat Khajuria reiterated a Peerperform rating on Lyft (NASDAQ: LYFT).

The analyst comments "We remain constructive into the print. Lyft will report on February 11th after the close. Lyft has come in above the high-end of the... More