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Lyft (LYFT)
NASDAQ:LYFT

Lyft (LYFT) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

LYFT Analyst Ratings

Hold
28Ratings
5 Buy
22 Hold
1 Sell
Based on 28 analysts giving stock ratings to
Lyft
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

LYFT Stock 12 Month Forecast

Average Price Target

$18.33
▲(6.32% Upside)
Based on 28 Wall Street analysts offering 12 month price targets for Lyft in the last 3 months. The average price target is $18.33 with a high forecast of $24.00 and a low forecast of $12.00. The average price target represents a 6.32% change from the last price of $17.24.
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Highest Price Target$24.00Average Price Target$18.33Lowest Price Target$12.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Bank of America Securities
$15.00
Sell
-12.99%
Downside
Reiterated
05/08/24
Analyst Reiterates Sell Rating on Lyft Amid Slowing Growth and Competitive Disadvantages
Needham
Hold
Reiterated
05/08/24
Maintaining Hold on Lyft: Balancing Strong Q1 Performance with Cautious Growth Projections
RBC Capital
$24.00
Buy
39.21%
Upside
Reiterated
05/07/24
RBC Capital Remains a Buy on Lyft (LYFT)
Canaccord Genuity
$23.00
Buy
33.41%
Upside
Reiterated
05/07/24
Lyft's Strong Performance and Positive Market Trends Secure Buy Rating
Bernstein
$19.00
Hold
10.21%
Upside
Reiterated
05/07/24
Analysts Offer Insights on Technology Companies: International Business Machines (NYSE: IBM) and Lyft (NASDAQ: LYFT)

Best Analysts Covering Lyft

Which Analyst Should I Follow If I Want to Buy LYFT and Sell After:
1 Month
Michael GrahamCanaccord Genuity
Success Rate
10/17 ratings generated profit
59%
Average Return
+2.24%
reiterated a buy rating 4 days ago
Copying Michael Graham's trades and holding each position for 1 Month would result in 58.82% of your transactions generating a profit, with an average return of +2.24% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
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3 Months
Michael GrahamCanaccord Genuity
Success Rate
9/17 ratings generated profit
53%
Average Return
+0.98%
reiterated a buy rating 4 days ago
Copying Michael Graham's trades and holding each position for 3 Months would result in 52.94% of your transactions generating a profit, with an average return of +0.98% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
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1 Year
Michael GrahamCanaccord Genuity
Success Rate
9/17 ratings generated profit
53%
Average Return
+9.69%
reiterated a buy rating 4 days 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 +9.69% per trade.
2 Years
Michael GrahamCanaccord Genuity
Success Rate
7/17 ratings generated profit
41%
Average Return
-14.44%
reiterated a buy rating 4 days ago
Copying Michael Graham's trades and holding each position for 2 Years would result in 41.18% of your transactions generating a profit, with an average return of -14.44% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

LYFT Analyst Recommendation Trends

Rating
Jan 24
Feb 24
Mar 24
Apr 24
May 24
Strong Buy
1
1
0
0
0
Buy
4
2
5
6
7
Hold
23
34
30
26
18
Sell
2
3
3
3
2
Strong Sell
0
0
0
0
0
total
30
40
38
35
27
In the current month, LYFT has received 7 Buy Ratings, 18 Hold Ratings, and 2 Sell Ratings. LYFT average Analyst price target in the past 3 months is $18.33.
Each month's total comprises the sum of three months' worth of ratings.
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LYFT Financial Forecast

No data currently available

LYFT Earnings Forecast

Currently, no earnings data available.
Currently, no earnings data available.
No data currently available

LYFT Sales Forecast

Currently, no sales data available.
Currently, no sales data available.

LYFT Stock Forecast FAQ

What is LYFT’s average 12-month price target, according to analysts?
Based on analyst ratings, Lyft’s 12-month average price target is $18.33.
    What is LYFT’s upside potential, based on the analysts’ average price target?
    Lyft has 6.32% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is LYFT a Buy, Sell or Hold?
          Lyft has a conensus rating of Hold which is based on 5 buy ratings, 22 hold ratings and 1 sell ratings.
            What is Lyft’s price target?
            The average price target for Lyft is $18.33. This is based on 28 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $24.00 ,the lowest forecast is $12.00. The average price target represents 6.32% Increase from the current price of $17.24.
              What do analysts say about Lyft?
              Lyft’s analyst rating consensus is a Hold. This is based on the ratings of 28 Wall Streets Analysts.
                How can I buy shares of LYFT?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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