DA Davidson Lowers Lyft (NASDAQ:LYFT) Price Target to $19.00

Lyft (NASDAQ:LYFT) had its price target decreased by stock analysts at DA Davidson from $22.00 to $19.00 in a research note issued on Wednesday, Marketbeat reports. The brokerage presently has a “neutral” rating on the ride-sharing company’s stock. DA Davidson’s target price would indicate a potential upside of 31.84% from the company’s previous close.

LYFT has been the subject of several other reports. Sanford C. Bernstein raised their target price on shares of Lyft from $22.00 to $23.00 and gave the stock a “market perform” rating in a report on Monday, November 10th. Susquehanna upped their price target on shares of Lyft from $14.00 to $24.00 and gave the company a “neutral” rating in a research report on Friday, November 7th. Zephirin Group lifted their price objective on shares of Lyft from $15.00 to $18.00 and gave the stock a “hold” rating in a research report on Thursday, November 6th. Cantor Fitzgerald reduced their target price on Lyft from $21.00 to $14.00 and set a “neutral” rating for the company in a report on Wednesday. Finally, Morgan Stanley set a $17.00 target price on Lyft in a research report on Wednesday. Ten research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Lyft currently has an average rating of “Hold” and an average target price of $20.97.

Lyft Trading Down 14.5%

Shares of NASDAQ LYFT traded down $2.44 during mid-day trading on Wednesday, hitting $14.41. 31,570,605 shares of the company traded hands, compared to its average volume of 14,340,046. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.76. Lyft has a 1 year low of $9.66 and a 1 year high of $25.54. The stock has a market capitalization of $5.76 billion, a price-to-earnings ratio of 38.08, a PEG ratio of 1.03 and a beta of 1.93. The business has a 50 day moving average of $19.04 and a two-hundred day moving average of $19.08.

Lyft announced that its board has initiated a share buyback plan on Tuesday, February 10th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the ride-sharing company to reacquire up to 15.1% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Insider Activity at Lyft

In related news, CAO Stephen W. Hope sold 4,800 shares of the business’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $22.30, for a total transaction of $107,040.00. Following the transaction, the chief accounting officer directly owned 311,909 shares in the company, valued at $6,955,570.70. The trade was a 1.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Prashant Aggarwal sold 96,900 shares of the business’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $22.30, for a total transaction of $2,160,870.00. Following the completion of the transaction, the director owned 874,369 shares in the company, valued at approximately $19,498,428.70. This trade represents a 9.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 187,443 shares of company stock valued at $4,178,618. 3.07% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Lyft

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LYFT. Amalgamated Bank lifted its position in Lyft by 2.5% during the 3rd quarter. Amalgamated Bank now owns 21,652 shares of the ride-sharing company’s stock worth $477,000 after buying an additional 534 shares in the last quarter. Brown Brothers Harriman & Co. boosted its holdings in shares of Lyft by 23.2% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 3,399 shares of the ride-sharing company’s stock valued at $75,000 after buying an additional 639 shares during the last quarter. CI Investments Inc. grew its stake in shares of Lyft by 39.1% in the third quarter. CI Investments Inc. now owns 2,321 shares of the ride-sharing company’s stock valued at $51,000 after buying an additional 653 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Lyft by 5.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 12,808 shares of the ride-sharing company’s stock worth $248,000 after buying an additional 681 shares during the last quarter. Finally, Allegiance Financial Group Advisory Services LLC raised its position in Lyft by 4.3% during the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 18,153 shares of the ride-sharing company’s stock worth $352,000 after acquiring an additional 756 shares in the last quarter. 83.07% of the stock is currently owned by institutional investors and hedge funds.

More Lyft News

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Board-authorized $1.0 billion share repurchase (up to ~15% of shares outstanding), a clear signal management views the stock as undervalued and a direct source of support for the equity. RTT News: Stock Buybacks
• Positive Sentiment: Company and management highlight “record” Q4 and full‑year 2025 financial results in the press release, and CEO commentary emphasized strategic momentum into 2026 (including AVs). These positives underpin longer‑term bull cases. BusinessWire: Record Q4/Full‑Year Results
• Neutral Sentiment: Management reiterated plans for expanded autonomous‑vehicle (AV) deployments in 2026 — a potential long‑term margin lever but with near‑term execution and capital intensity risks. MarketWatch: AV Deployments & Mixed Outlook
• Neutral Sentiment: Product expansion: rollout of teen accounts across major U.S. cities could support user growth over time but is not an immediate revenue driver. WABE: Teen Accounts Launch
• Negative Sentiment: Q4 results disappointed some key expectations — reported EPS missed consensus (reported -$0.20 vs. ~$0.32 expected), revenue and active riders/ride counts came in below estimates, and the company reported an unexpected operating loss; the print triggered a large intraday selloff. Business Insider: Q4 Disappointment
• Negative Sentiment: Analyst reactions have been mixed-to-cautious: Deutsche Bank cut its target to $16 (hold), Truist trimmed its target to $18 (hold), and other firms maintained conservative stances — putting further near‑term pressure on sentiment. TickerReport / Benzinga: Deutsche Bank Cut TipRanks: Needham Hold
• Negative Sentiment: Reputational and safety concerns after two Lyft drivers were killed in Cleveland in separate attacks, a reminder of operational and regulatory risks for the rideshare business. MSN: Driver Fatalities

Lyft Company Profile

Lyft, Inc (NASDAQ: LYFT) operates a peer-to-peer ridesharing platform that connects passengers with drivers through a mobile application. Since its founding in 2012, the company has expanded beyond traditional ride-hailing to include bike and electric scooter rentals, while also offering rental cars and public transit options in select markets. Lyft’s platform uses GPS mapping and dynamic pricing algorithms to optimize driver-passenger matches and route efficiency.

Headquartered in San Francisco, California, Lyft primarily serves urban and suburban markets across the United States and Canada.