Lyft (NASDAQ:LYFT) Price Target Lowered to $15.50 at Jefferies Financial Group

Lyft (NASDAQ:LYFT) had its price target dropped by investment analysts at Jefferies Financial Group from $20.00 to $15.50 in a report released on Wednesday,Benzinga reports. The firm presently has a “hold” rating on the ride-sharing company’s stock. Jefferies Financial Group’s target price would suggest a potential upside of 10.11% from the company’s current price.

Other analysts have also recently issued reports about the company. Arete Research set a $20.00 target price on Lyft and gave the company a “neutral” rating in a research report on Wednesday, December 3rd. Truist Financial cut their price objective on shares of Lyft from $23.00 to $18.00 and set a “hold” rating on the stock in a research note on Wednesday. Guggenheim reduced their price objective on shares of Lyft from $26.00 to $22.00 and set a “buy” rating for the company in a report on Wednesday. Piper Sandler reissued an “overweight” rating on shares of Lyft in a research note on Wednesday. Finally, BMO Capital Markets upped their price target on shares of Lyft from $20.00 to $23.00 and gave the stock a “market perform” rating in a research note on Thursday, November 6th. Ten research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Lyft has a consensus rating of “Hold” and a consensus price target of $20.61.

Lyft Stock Performance

Shares of LYFT traded down $2.77 during midday trading on Wednesday, hitting $14.08. 59,662,218 shares of the stock traded hands, compared to its average volume of 15,537,098. The business’s 50 day moving average price is $19.04 and its two-hundred day moving average price is $19.08. The firm has a market capitalization of $5.62 billion, a PE ratio of 37.12, a price-to-earnings-growth ratio of 1.03 and a beta of 1.93. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.72 and a current ratio of 0.72. Lyft has a 1-year low of $9.66 and a 1-year high of $25.54.

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

Insiders Place Their Bets

In related news, CAO Stephen W. Hope sold 4,800 shares of Lyft stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $22.30, for a total value of $107,040.00. Following the transaction, the chief accounting officer owned 311,909 shares of the company’s stock, valued at approximately $6,955,570.70. This trade represents a 1.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director David Lawee sold 6,578 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $22.55, for a total transaction of $148,333.90. Following the sale, the director directly owned 104,460 shares of the company’s stock, valued at $2,355,573. This represents a 5.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 187,443 shares of company stock worth $4,178,618 over the last three months. Company insiders own 3.07% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of LYFT. Waddell & Associates LLC boosted its position in Lyft by 19.8% during the fourth quarter. Waddell & Associates LLC now owns 28,022 shares of the ride-sharing company’s stock valued at $543,000 after purchasing an additional 4,634 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of Lyft by 15.3% during the 4th quarter. Cerity Partners LLC now owns 779,101 shares of the ride-sharing company’s stock valued at $15,091,000 after buying an additional 103,225 shares during the last quarter. LPL Financial LLC grew its stake in shares of Lyft by 72.5% in the 4th quarter. LPL Financial LLC now owns 374,561 shares of the ride-sharing company’s stock valued at $7,255,000 after buying an additional 157,429 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of Lyft by 15.5% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 12,047 shares of the ride-sharing company’s stock valued at $233,000 after buying an additional 1,619 shares in the last quarter. Finally, CenterBook Partners LP increased its holdings in Lyft by 260.1% in the fourth quarter. CenterBook Partners LP now owns 158,149 shares of the ride-sharing company’s stock worth $3,063,000 after buying an additional 114,234 shares during the last quarter. 83.07% of the stock is owned by institutional investors and hedge funds.

More Lyft News

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Board authorized a $1.0 billion share buyback (up to ~15% of outstanding stock), which signals management believes shares are undervalued and should support EPS over time. RTT News – Buyback
• Positive Sentiment: Company reported record financial results for full‑year/quarter 2025 (management highlighting long‑term opportunities such as autonomous vehicle deployments), providing a constructive strategic narrative despite short‑term noise. BusinessWire – Record Results
• Neutral Sentiment: CEO David Risher publicly defended the business on TV, saying consumer demand shows “no softness,” which aims to reassure investors but hasn’t reversed the selloff. CNBC – CEO Comments
• Neutral Sentiment: New product/market moves such as teen accounts in major U.S. cities and plans for more AV deployments are strategic positives but will take time to materially affect results. WABE – Teen Accounts
• Negative Sentiment: Q4 revenue and rider/ride metrics missed Street expectations and management gave softer profitability guidance; investors punished the stock on concerns about slowing ride growth and margin pressure. Fool – Why Stock Crashed
• Negative Sentiment: Multiple analysts cut price targets and moved to neutral/hold as they digest weaker near‑term trends, which reduces buy‑side support and amplifies selling pressure. Benzinga – Stock Slides
• Negative Sentiment: Reputational risk: recent news of two drivers killed in Cleveland is a negative safety/PR development that could attract regulatory and rider concerns. MSN – Driver Incidents

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.