Lyft (LYFT) Misses Q2 EPS by 2c

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Lyft (LYFT) PT Raised to $18 at Susquehanna, 'Generally solid outlook'

August 10, 2026 7:04 AM EDT

Susquehanna analyst Shyam Patil raised the price target on Lyft (NASDAQ: LYFT) to $18.00 (from $15.00) while maintaining a Neutral rating.

The analyst comments "Generally solid outlook. For 3Q, LYFT expects gross bookings of $5.5b-$5.67b ($5.585b midpoint), implying 17% y/y growth at the midpoint, broadly in line with our estimates and consensus. 3Q EBITDA is expected to be $183m-$203m ($193m midpoint), 2% above our estimate and 1% above consensus. While the company did not provide... More