Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Lyft (LYFT)
NASDAQ:LYFT
Lyft (LYFT) Stock Price & Analysis
4,477 Followers
LYFT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.85 - $20.82
Previous Close$17.31
Volume12.13M
Average Volume (3M)17.77M
Market Cap
$6.68B
Enterprise Value$6.25B
Total Cash (Recent Filing)$1.69B
Total Debt (Recent Filing)$1.02B
Price to Earnings (P/E)-19.3
Beta1.83
Next Earnings
May 01, 2024EPS Estimate
$0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.90
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. Volume17,771,104
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.42
Enterprise Value/Gross Profit3.36
Enterprise Value/Ebitda17.16
Forecast
1Y Price Target
$16.46Price Target Upside-1.50% Downside
Rating ConsensusHold
Number of Analyst Covering27
Lyft News
PremiumStock Analysis & Ideas
Lyft (NASDAQ:LYFT) Is Becoming the Ridesharing Industry’s Third Wheel
Bulls Say, Bears Say
Bulls Say
Financial OutlookInvestor Day expectations suggest a positive three-year outlook for LYFT with bookings CAGR of 10-15% and EBITDA projections of $540-725M.
Operational EfficiencyThe introduction of new service initiatives and technologies, alongside increased operational efficiencies, are enhancing Rider and Driver experiences.
Stock Rating And Price TargetAnalyst reiterates a Buy rating on LYFT with an increased 12-month target price, anticipating ongoing growth in ridership and use, operating efficiencies, and increasing advertising revenue.
Bears Say
Earnings ForecastAnalyst reduces 2024 estimates, indicating potential concerns over the company's future performance.
Financial PerformanceGross Margin dropped from 45% to 40%, indicating higher costs or pricing pressure.
Market PositionDespite positive trends, LYFT faces a challenging competitive position relative to Uber, which may limit LYFT's margin potential.
---
Ownership Overview
21.94% Insiders
28.99% Mutual Funds
12.69% Other Institutional Investors
36.39% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Lyft
Desktop Users
Mobile Users
LYFT FAQ
What was Lyft’s price range in the past 12 months?
Lyft lowest stock price was $7.85 and its highest was $20.82 in the past 12 months.
What is Lyft’s market cap?
Currently, no data Available
When is Lyft’s upcoming earnings report date?
Lyft’s upcoming earnings report date is May 01, 2024 which is in 11 days.
How were Lyft’s earnings last quarter?
Lyft released its earnings results on Feb 13, 2024. The company reported $0.193 earnings per share for the quarter, beating the consensus estimate of $0.082 by $0.111.
Is Lyft overvalued?
According to Wall Street analysts Lyft’s price is currently Overvalued.
Does Lyft pay dividends?
Lyft does not currently pay dividends.
What is Lyft’s EPS estimate?
Lyft’s EPS estimate is $0.08.
How many shares outstanding does Lyft have?
Lyft has 391,240,000 shares outstanding.
What happened to Lyft’s price movement after its last earnings report?
Lyft reported an EPS of $0.193 in its last earnings report, beating expectations of $0.082. Following the earnings report the stock price went up 35.12%.
Which hedge fund is a major shareholder of Lyft?
Among the largest hedge funds holding Lyft’s share is PRIMECAP Management Co. It holds Lyft’s shares valued at 92M.
---
Lyft Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$16.46 (-1.50% Downside)
$16.46 (-1.50% Downside)
Blogger Sentiment
Neutral
LYFT Sentiment 56%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 831.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $515.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 5.4%
Last 30 Days ▼ 5.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
65.64%
12-Months-Change
Fundamentals
Return on Equity
-73.17%
Trailing 12-Months
Asset Growth
0.18%
Trailing 12-Months
Company Description
Lyft
Lyft, Inc. operates as an online social rideshare community platform. It helps commuters to share rides with friends, classmates, and co-workers going the same way. The company was founded by Marcus Cohn, John Zimmer, Rajat Suri, Matt van Horn, and Logan Green in June 2012 and is headquartered in San Francisco, CA.
---
LYFT Company Deck
---
LYFT Earnings Call
Q4 2024
0:00 / 0:00
---
LYFT Revenue Breakdown
93.47% Revenue from contracts with customers
6.53% Rental revenue
---
LYFT Stock 12 Months Forecast
Average Price Target
$16.46
▼(-1.50% Downside)
Technical Analysis
Best Analysts Covering LYFT
1 Year
1 Year Success Rate
9/17 ratings generated profit
1 Year Average Return
+10.41%
reiterated a buy rating 2 months ago
Copying Michael Graham's trades and holding each position for 1 Year would result in 52.94% of your transactions generating a profit, with an average return of +10.41% per trade.
---