LyftLYFT
About: Lyft is the second-largest ride-hailing 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-hailing, Lyft has entered the bike- and scooter-share market to bring multimodal transportation options to users.
Employees: 2,945
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
74% more call options, than puts
Call options by funds: $466M | Put options by funds: $267M
38% more repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 109
20% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 6 (+1) [Q3]
6% less first-time investments, than exits
New positions opened: 83 | Existing positions closed: 88
3% less funds holding
Funds holding: 431 [Q2] → 420 (-11) [Q3]
3.87% less ownership
Funds ownership: 83.15% [Q2] → 79.27% (-3.87%) [Q3]
12% less capital invested
Capital invested by funds: $4.63B [Q2] → $4.06B (-$570M) [Q3]
Research analyst outlook
20 Wall Street Analysts provided 1 year price targets over the past 3 months
20 analyst ratings
Wells Fargo Ken Gawrelski 64% 1-year accuracy 32 / 50 met price target | 4%upside $14 | Equal-Weight Maintained | 16 Jan 2025 |
Wedbush Scott Devitt 75% 1-year accuracy 42 / 56 met price target | 34%upside $18 | Neutral Maintained | 6 Jan 2025 |
Benchmark Michael Ward 64% 1-year accuracy 14 / 22 met price target | 49%upside $20 | Buy Upgraded | 6 Jan 2025 |
Loop Capital Rob Sanderson 73% 1-year accuracy 37 / 51 met price target | 72%upside $23 | Buy Maintained | 4 Dec 2024 |
Tigress Financial Ivan Feinseth 62% 1-year accuracy 42 / 68 met price target | 94%upside $26 | Buy Maintained | 21 Nov 2024 |
Financial journalist opinion
Based on 21 articles about LYFT published over the past 30 days
