Lyft, Inc. (LYFT) – What Are Brokerages Thinking About This Stock?

Lyft, Inc. (NASDAQ:LYFT) has received a consensus rating of “Hold” from the thirty-eight analysts that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, twenty-six have assigned a hold recommendation and ten have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $18.89.

A number of research firms have issued reports on LYFT. Zacks Research raised Lyft from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $17.00 price objective on shares of Lyft in a research note on Monday, August 10th. Piper Sandler restated an “overweight” rating and issued a $21.00 price target (up from $20.00) on shares of Lyft in a research note on Friday, August 7th. Canaccord Genuity Group lifted their price objective on Lyft from $16.00 to $17.00 and gave the company a “hold” rating in a report on Monday. Finally, Bank of America upgraded Lyft from an “underperform” rating to a “buy” rating in a research note on Friday, August 7th.

Lyft Stock Performance

NASDAQ:LYFT opened at $17.02 on Friday. The firm has a 50-day moving average price of $16.18 and a 200 day moving average price of $15.11. The company has a quick ratio of 0.59, a current ratio of 0.60 and a debt-to-equity ratio of 0.34. Lyft has a 12-month low of $12.46 and a 12-month high of $25.54. The firm has a market capitalization of $6.44 billion, a PE ratio of 2.53, a price-to-earnings-growth ratio of 1.04 and a beta of 2.06.

Lyft (NASDAQ:LYFT) last announced its earnings results on Thursday, November 5th. The ride-sharing company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.23). Lyft had a net margin of 40.67% and a return on equity of 1.25%. The business had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.92 billion. During the same quarter last year, the business posted $0.11 earnings per share. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. Research analysts anticipate that Lyft will post 0.81 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director David Lawee sold 4,613 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $17.33, for a total value of $79,943.29. Following the completion of the transaction, the director owned 119,124 shares of the company’s stock, valued at $2,064,418.92. This represents a 3.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lindsay Llewellyn sold 13,204 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $16.64, for a total transaction of $219,714.56. Following the completion of the sale, the insider owned 781,152 shares in the company, valued at $12,998,369.28. This represents a 1.66% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 61,586 shares of company stock worth $1,024,326 over the last 90 days. Insiders own 0.92% of the company’s stock.

Hedge Funds Weigh In On Lyft

Several large investors have recently bought and sold shares of the company. Wedmont Private Capital grew its holdings in shares of Lyft by 5.0% during the third quarter. Wedmont Private Capital now owns 13,517 shares of the ride-sharing company’s stock worth $218,000 after purchasing an additional 642 shares during the last quarter. BOKF NA increased its stake in shares of Lyft by 4.7% in the third quarter. BOKF NA now owns 15,360 shares of the ride-sharing company’s stock valued at $231,000 after buying an additional 695 shares during the period. Bessemer Group Inc. increased its stake in shares of Lyft by 62.4% in the third quarter. Bessemer Group Inc. now owns 2,197 shares of the ride-sharing company’s stock valued at $33,000 after buying an additional 844 shares during the period. Nicollet Investment Management Inc. raised its holdings in Lyft by 2.0% in the 3rd quarter. Nicollet Investment Management Inc. now owns 50,501 shares of the ride-sharing company’s stock valued at $758,000 after buying an additional 999 shares during the last quarter. Finally, Evergreen Capital Management LLC boosted its position in Lyft by 5.8% during the 3rd quarter. Evergreen Capital Management LLC now owns 19,742 shares of the ride-sharing company’s stock worth $296,000 after buying an additional 1,077 shares during the period. 83.07% of the stock is currently owned by institutional investors.

Trending Headlines about Lyft

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Lyft’s third-quarter revenue rose 8.1%, with record rides, higher gross bookings and improving adjusted EBITDA indicating operating momentum, despite an earnings setback. Zacks article
• Positive Sentiment: Lyft launched Lyft Go, a membership offering 8% back on rides and orders, which could support customer loyalty and spending. Lyft Go article
• Neutral Sentiment: Lyft’s CEO is scheduled to participate in a fireside chat at the 2026 RBC Capital Markets conference; no specific new business or financial guidance was reported. Conference announcement
• Negative Sentiment: The DOJ sued Lyft, alleging the company and its drivers routinely denied rides to people using stowable wheelchairs or traveling with service animals, in violation of the Americans with Disabilities Act. The government is seeking $53 million; Lyft disputes the allegations. The suit could bring legal costs, penalties and reputational damage. Department of Justice announcement
• Negative Sentiment: Analyst sentiment was mixed to cautious: Fox Advisors downgraded Lyft to “equal weight,” while Canaccord raised its price target to $17 from $16 but retained a “hold” rating. Recent coverage also noted Lyft’s quarterly earnings miss. Coverage of the lawsuit

About Lyft

Lyft operates a mobile platform that connects people seeking transportation with drivers who provide rides. Through its app, customers can request on-demand trips, schedule rides in advance, and access other ride options where available. The company also offers Lyft Pink, a membership program with benefits for eligible rides and services. Lyft provides transportation programs for businesses and organizations through Lyft Business, including tools for arranging and managing rides. The company’s platform primarily serves markets in the United States and Canada.