LyftLYFT
About: Lyft is the second-largest ride-sharing service provider in the us and Canada, connecting riders and drivers over the Lyft app. Incorporated in 2013 and public since 2019, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft has entered the bike- and scooter-share market to bring multimodal transportation options to users.
Employees: 2,934
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
47% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 64
46% more repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 112
26% more call options, than puts
Call options by funds: $431M | Put options by funds: $342M
13% more capital invested
Capital invested by funds: $4.06B [Q3] → $4.57B (+$511M) [Q4]
7.88% more ownership
Funds ownership: 79.27% [Q3] → 87.15% (+7.88%) [Q4]
3% more funds holding
Funds holding: 421 [Q3] → 433 (+12) [Q4]
50% less funds holding in top 10
Funds holding in top 10: 6 [Q3] → 3 (-3) [Q4]
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
16 analyst ratings
RBC Capital Brad Erickson 83% 1-year accuracy 55 / 66 met price target | 61%upside $21 | Outperform Reiterated | 18 Feb 2025 |
Susquehanna Shyam Patil 80% 1-year accuracy 39 / 49 met price target | 15%upside $15 | Neutral Maintained | 13 Feb 2025 |
DA Davidson Tom White 63% 1-year accuracy 19 / 30 met price target | 15%upside $15 | Neutral Maintained | 12 Feb 2025 |
Truist Securities Youssef Squali 63% 1-year accuracy 47 / 75 met price target | 30%upside $17 | Hold Maintained | 12 Feb 2025 |
UBS Lloyd Walmsley 100% 1-year accuracy 18 / 18 met price target | 15%upside $15 | Neutral Maintained | 12 Feb 2025 |
Financial journalist opinion
Based on 62 articles about LYFT published over the past 30 days
