Lyft (LYFT) – Analysts’ Weekly Ratings Changes

A number of firms have modified their ratings and price targets on shares of Lyft (NASDAQ: LYFT) recently:

• 4/17/2025 – Lyft had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 4/17/2025 – Lyft had its price target lowered by analysts at Morgan Stanley from $17.00 to $15.00. They now have an “equal weight” rating on the stock.
• 4/16/2025 – Lyft is now covered by analysts at Oppenheimer Holdings Inc.. They set an “outperform” rating and a $15.00 price target on the stock.
• 4/16/2025 – Lyft had its “neutral” rating reaffirmed by analysts at DA Davidson. They now have a $15.00 price target on the stock.
• 4/8/2025 – Lyft had its price target lowered by analysts at JPMorgan Chase & Co. from $16.00 to $14.00. They now have a “neutral” rating on the stock.
• 4/3/2025 – Lyft was downgraded by analysts at Bank of America Co. from a “buy” rating to an “underperform” rating. They now have a $10.50 price target on the stock.
• 4/3/2025 – Lyft had its price target lowered by analysts at Wells Fargo & Company from $14.00 to $13.00. They now have an “equal weight” rating on the stock.
• 3/26/2025 – Lyft had its “sector weight” rating reaffirmed by analysts at KeyCorp.
• 3/24/2025 – Lyft had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 3/18/2025 – Lyft had its price target lowered by analysts at Loop Capital from $23.00 to $20.00. They now have a “buy” rating on the stock.
• 3/17/2025 – Lyft had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $21.00 price target on the stock.

Lyft Stock Down 2.0 %

Shares of NASDAQ:LYFT opened at $10.94 on Tuesday. The business has a 50-day moving average price of $11.97 and a 200 day moving average price of $13.65. Lyft, Inc. has a 12-month low of $8.93 and a 12-month high of $19.07. The company has a current ratio of 0.76, a quick ratio of 0.75 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $4.57 billion, a price-to-earnings ratio of 182.33, a PEG ratio of 1.90 and a beta of 2.13.

Lyft (NASDAQ:LYFT) last released its quarterly earnings results on Tuesday, February 11th. The ride-sharing company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.10). Lyft had a net margin of 0.39% and a return on equity of 8.03%. Sell-side analysts expect that Lyft, Inc. will post 0.22 EPS for the current year.

Insider Transactions at Lyft

In related news, Director Logan Green sold 11,411 shares of Lyft stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $13.34, for a total value of $152,222.74. Following the completion of the transaction, the director now owns 297,640 shares in the company, valued at approximately $3,970,517.60. The trade was a 3.69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John Patrick Zimmer sold 2,424 shares of the stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $12.52, for a total transaction of $30,348.48. Following the sale, the director now owns 911,922 shares in the company, valued at approximately $11,417,263.44. This trade represents a 0.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,407 shares of company stock worth $203,778 over the last ninety days. Company insiders own 3.07% of the company’s stock.

Institutional Investors Weigh In On Lyft

A number of hedge funds have recently bought and sold shares of LYFT. Spurstone Advisory Services LLC acquired a new stake in shares of Lyft during the 4th quarter worth about $25,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Lyft during the fourth quarter worth approximately $29,000. ORG Wealth Partners LLC purchased a new stake in shares of Lyft during the 4th quarter worth approximately $31,000. Plato Investment Management Ltd acquired a new position in shares of Lyft in the 4th quarter valued at $35,000. Finally, Byrne Asset Management LLC purchased a new position in shares of Lyft in the 4th quarter valued at $35,000. 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.