Lyft, Inc. (NASDAQ:LYFT - Free Report) - Stock analysts at Wedbush reduced their Q3 2025 EPS estimates for Lyft in a research note issued to investors on Monday, January 6th. Wedbush analyst S. Devitt now anticipates that the ride-sharing company will post earnings of $0.12 per share for the quarter, down from their prior estimate of $0.14. Wedbush has a "Neutral" rating and a $18.00 price target on the stock. The consensus estimate for Lyft's current full-year earnings is $0.08 per share. Wedbush also issued estimates for Lyft's FY2026 earnings at $0.35 EPS.
LYFT has been the subject of a number of other reports. Canaccord Genuity Group upped their target price on Lyft from $18.00 to $22.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. Cantor Fitzgerald increased their price objective on shares of Lyft from $13.00 to $16.00 and gave the company a "neutral" rating in a research note on Thursday, November 7th. Benchmark upgraded shares of Lyft from a "hold" rating to a "buy" rating and set a $20.00 target price on the stock in a research report on Monday. Barclays increased their price target on shares of Lyft from $14.00 to $20.00 and gave the stock an "equal weight" rating in a research report on Friday, November 8th. Finally, Evercore ISI raised their price target on shares of Lyft from $17.00 to $19.00 and gave the stock an "in-line" rating in a research note on Thursday, November 7th. Twenty-seven equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $17.78.
Read Our Latest Stock Report on Lyft
Shares of LYFT opened at $14.39 on Tuesday. The stock's 50-day moving average price is $15.43 and its 200 day moving average price is $13.42. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.88. Lyft has a 12-month low of $8.93 and a 12-month high of $20.82. The firm has a market capitalization of $5.97 billion, a price-to-earnings ratio of -89.94, a P/E/G ratio of 4.10 and a beta of 2.14.
Lyft (NASDAQ:LYFT - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The ride-sharing company reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.09. Lyft had a negative net margin of 1.19% and a negative return on equity of 1.58%. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same quarter in the prior year, the business earned ($0.02) earnings per share. The firm's revenue for the quarter was up 31.6% on a year-over-year basis.
In other news, Director Logan Green sold 10,919 shares of the business's stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $17.25, for a total transaction of $188,352.75. Following the completion of the transaction, the director now directly owns 314,492 shares in the company, valued at approximately $5,424,987. The trade was a 3.36 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Lisa Blackwood-Kapral sold 9,081 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $18.02, for a total transaction of $163,639.62. Following the completion of the sale, the chief accounting officer now owns 332,243 shares in the company, valued at $5,987,018.86. This represents a 2.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 24,242 shares of company stock valued at $427,330. Company insiders own 3.07% of the company's stock.
Institutional investors and hedge funds have recently made changes to their positions in the company. Sanctuary Advisors LLC grew its stake in Lyft by 3.5% in the third quarter. Sanctuary Advisors LLC now owns 28,454 shares of the ride-sharing company's stock valued at $363,000 after acquiring an additional 969 shares during the period. XTX Topco Ltd lifted its holdings in shares of Lyft by 2.5% during the 3rd quarter. XTX Topco Ltd now owns 42,203 shares of the ride-sharing company's stock valued at $538,000 after purchasing an additional 1,043 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its position in shares of Lyft by 9.1% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 13,894 shares of the ride-sharing company's stock valued at $196,000 after purchasing an additional 1,160 shares during the period. The Manufacturers Life Insurance Company increased its stake in Lyft by 1.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 82,690 shares of the ride-sharing company's stock worth $1,054,000 after purchasing an additional 1,315 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Lyft by 0.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 185,280 shares of the ride-sharing company's stock worth $2,612,000 after buying an additional 1,477 shares during the period. Institutional investors and hedge funds own 83.07% of the company's stock.
Lyft, Inc operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It operates multimodal transportation networks that offer access to various transportation options through the Lyft platform and mobile-based applications. The company's platform provides a ridesharing marketplace, which connects drivers with riders; Express Drive, a car rental program for drivers; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips.
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