A number of firms have modified their ratings and price targets on shares of Lyft (NASDAQ: LYFT) recently:
- 11/2/2026 – Lyft had its price target raised by UBS Group from $17.00 to $18.00. They now have a “neutral” rating on the stock.
- 10/30/2026 – Lyft had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 10/21/2026 – Lyft had its price target lowered by TD Cowen from $30.00 to $26.00. They now have a “buy” rating on the stock.
- 10/19/2026 – Lyft had its price target lowered by Cantor Fitzgerald from $17.00 to $15.00. They now have a “neutral” rating on the stock.
- 10/5/2026 – Lyft had its price target lowered by Wells Fargo & Company from $19.00 to $17.00. They now have an “equal weight” rating on the stock.
- 9/18/2026 – Lyft had its “neutral” rating reaffirmed by BTIG Research.
- 9/17/2026 – Lyft was downgraded by Guggenheim from “buy” to “neutral”. They now have a $16.00 price target on the stock, down from $22.00.
- 9/9/2026 – Lyft is now covered by Scotiabank. They set a “sector perform” rating and a $17.00 price target on the stock.
- 9/9/2026 – Lyft is now covered by Scotiabank. They set a “hold” rating and a $17.00 price target on the stock.
Lyft Price Performance
Shares of LYFT stock traded up $0.46 on Monday, reaching $16.62. 10,644,521 shares of the company were exchanged, compared to its average volume of 13,672,310. The company has a market cap of $6.29 billion, a price-to-earnings ratio of 2.42, a P/E/G ratio of 1.00 and a beta of 1.95. Lyft, Inc. has a 1 year low of $12.46 and a 1 year high of $25.54. The business has a 50-day moving average price of $16.21 and a 200 day moving average price of $15.16. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.59 and a current ratio of 0.59.
Lyft (NASDAQ:LYFT – Get Free Report) last released its earnings results on Thursday, August 6th. The ride-sharing company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.01). Lyft had a net margin of 42.32% and a negative return on equity of 1.20%. The firm had revenue of $1.84 billion during the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter last year, the business earned $0.10 EPS. The business’s revenue was up 16.1% compared to the same quarter last year. Equities research analysts forecast that Lyft, Inc. will post 0.81 earnings per share for the current fiscal year.
Insider Transactions at Lyft
In other news, Director Janey Whiteside sold 14,220 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $17.00, for a total value of $241,740.00. Following the completion of the sale, the director directly owned 66,184 shares in the company, valued at $1,125,128. This represents a 17.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lindsay Llewellyn sold 13,204 shares of Lyft stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $16.64, for a total value of $219,714.56. Following the transaction, the insider owned 781,152 shares in the company, valued at approximately $12,998,369.28. The trade was a 1.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 75,806 shares of company stock valued at $1,266,066. Company insiders own 0.92% of the company’s stock.
Lyft, Inc is a technology company that operates a transportation network platform in the United States and Canada. Its platform connects passengers with drivers through a mobile application and website, primarily offering on-demand rides in private vehicles, taxis and other transportation options.
The company also provides access to bicycles and scooters in select markets, as well as vehicle rentals and transportation solutions for businesses, healthcare organizations and other institutions.
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