LyftLYFT
LYFT
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, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft also has entered the bike- and scooter-share market to bring multimodal transportation options to users.
Employees: 2,945
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 17 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
79% more call options, than puts
Call options by funds: $447M | Put options by funds: $250M
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]
3% less funds holding
Funds holding: 431 [Q2] → 420 (-11) [Q3]
3.97% less ownership
Funds ownership: 82.69% [Q2] → 78.72% (-3.97%) [Q3]
12% less first-time investments, than exits
New positions opened: 83 | Existing positions closed: 94
12% less capital invested
Capital invested by funds: $4.6B [Q2] → $4.03B (-$573M) [Q3]
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$13
4%
downside
Avg. target
$19
40%
upside
High target
$26
92%
upside
17 analyst ratings
5 positive
29%
12 neutral
71%
0 negative
0%
Loop Capital Rob Sanderson 75% 1-year accuracy 38 / 51 met price target | 69%upside $23 | Buy Maintained | 4 Dec 2024 |
Tigress Financial Ivan Feinseth 72% 1-year accuracy 53 / 74 met price target | 92%upside $26 | Buy Maintained | 21 Nov 2024 |
Susquehanna Shyam Patil 79% 1-year accuracy 45 / 57 met price target | 33%upside $18 | Neutral Maintained | 11 Nov 2024 |
Barclays Ross Sandler 73% 1-year accuracy 24 / 33 met price target | 47%upside $20 | Equal-Weight Maintained | 8 Nov 2024 |
TD Cowen John Blackledge 67% 1-year accuracy 12 / 18 met price target | 33%upside $18 | Hold Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 16 articles about LYFT published over the past 30 days
Neutral
Zacks Investment Research
1 day ago
Lyft (LYFT) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Lyft (LYFT) concluded the recent trading session at $13.58, signifying a -0.22% move from its prior day's close.
Positive
Seeking Alpha
4 days ago
Lyft: Why ~$1.5 Billion Of FCF By 2027 Could Be Possible
Lyft's Q3 2024 financials show 32% revenue growth and $242.8 million in positive free cash flow, indicating strong underlying profitability despite minimal GAAP profits. Management's 2027 targets include 15% annual gross bookings growth and a 4% Adjusted EBITDA margin, potentially generating nearly $1 billion in FCF; $1.8 billion in FCF for upside case. Autonomous vehicles are unlikely to disrupt Lyft's core business soon; the company can integrate AVs into its existing platform if needed.
Neutral
Seeking Alpha
1 week ago
Long Uber, Short Lyft Is Our Best Pair Trade Idea For 2025
The S&P 500 looks expensive, and we expect finding uncorrelated return streams should be important in 2025. Buying UBER and shorting LYFT could be a good way to expose yourself to a great company while hedging out market risk. LYFT's shares appear cheap, but UBER's dominant market position makes it the clear 'Buy' out of the two.
Neutral
Seeking Alpha
1 week ago
Lyft, Inc. (LYFT) Barclays 22nd Annual Global Technology Conference (Transcript)
Lyft, Inc. (NASDAQ:LYFT ) Barclays 22nd Annual Global Technology Conference December 11, 2024 2:35 PM ET Company Participants Erin Brewer - Chief Financial Officer Conference Call Participants Ross Sandler - Barclays Ross Sandler We are going to get started as people roll in here. Welcome everybody.
Negative
Zacks Investment Research
1 week ago
Why Is Lyft (LYFT) Down 12.4% Since Last Earnings Report?
Lyft (LYFT) reported earnings 30 days ago. What's next for the stock?
Neutral
Zacks Investment Research
1 week ago
LYFT vs. SHOP: Which Stock Is the Better Value Option?
Investors with an interest in Internet - Services stocks have likely encountered both Lyft (LYFT) and Shopify (SHOP). But which of these two stocks offers value investors a better bang for their buck right now?
Neutral
Barrons
2 weeks ago
Uber and Lyft's Robotaxi Demise Might Be Greatly Exaggerated
A Wall Street analyst defended Uber and Lyft shares on Friday after the stocks posted steep declines on Thursday.
Negative
Proactive Investors
2 weeks ago
Uber, Lyft fall sharpy as fully autonomous ride hailer Waymo extends reach
Legacy ride-hailing services Uber Technologies Inc (NYSE:UBER, ETR:UT8) and LYFT Inc fell sharply on Thursday on news the fully autonomous ride-hailing disruptor Waymo is expanding its fleet to new areas. Waymo, which is owned by Google parent Alphabet Inc (NASDAQ:GOOG), announced the plans to expand its autonomous ride-hailing service, Waymo One, to Miami, with operations set to begin in 2026.
Negative
CNBC Television
2 weeks ago
Uber and Lyft drop on news Waymo is expanding to Miami
The 'Fast Money' traders talk recent moves in ride sharing stocks as Waymo announces its expanding.
Negative
Investors Business Daily
2 weeks ago
Uber, Lyft Stock Slide As Waymo's Miami Plan Reignites Robotaxi Fears
Uber stock tumbled in heavy volume as Waymo's Miami expansion reignited investors fears robotaxis will disrupt ride-hailing. The post Uber, Lyft Stock Slide As Waymo's Miami Plan Reignites Robotaxi Fears appeared first on Investor's Business Daily.
Charts implemented using Lightweight Charts™