BofA Securities analyst Michael McGovern downgraded  Lyft, Inc’s LYFT rating to Underperform from Buy and cut the price forecast to $10.50 from $17.50 on Thursday.The stock is trading lower on Thursday. The rerating reflects the substantial autonomous vehicle risk, especially Waymo’s rapid expansion in San Francisco and Los Angeles, and the lack of scalable autonomous vehicle partnerships that are launching in the near-term for Lyft.Also Read: Uber and Lyft Adapt Robotaxi Strategy to Compete in Tesla and Wa ...

Group 1 - Lyft's stock closed at $12.27, down 1.76% from the previous day, underperforming compared to the S&P 500's loss of 1.12% and the Nasdaq's decline of 2.04% [1] - Over the past month, Lyft's stock has decreased by 1.96%, contributing to a 4.05% loss in the Computer and Technology sector and a 2.91% loss in the S&P 500 [1] Group 2 - Lyft is expected to report earnings of $0.20 per share, reflecting a year-over-year growth of 33.33%, with revenue projected at $1.47 billion, indicating a 15.16% increase compared to the same quarter last year [2] - For the entire year, earnings are forecasted at $1.07 per share and revenue at $6.6 billion, representing increases of 12.63% and 13.99% respectively compared to the previous year [3] Group 3 - Recent shifts in analyst projections for Lyft should be monitored, as they reflect short-term business trends and can indicate analysts' outlook on the company's health and profitability [4] - Changes in earnings estimates are correlated with near-term stock prices, and the Zacks Rank system, which evaluates these changes, provides an operational rating system [5] Group 4 - Lyft currently holds a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 11.64, indicating a discount compared to its industry's Forward P/E of 21.5 [6] - The company has a PEG ratio of 0.37, significantly lower than the Internet - Services industry's average PEG ratio of 1.35 [7] Group 5 - The Zacks Industry Rank places the Internet - Services industry in the bottom 44% of all industries, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [8]

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Group 1 - Uber has expanded its ambitions globally, entering various overseas markets and pursuing projects like on-demand freight and autonomous driving [1] - Lyft has been mentioned in the context of competition with Uber, indicating a focus on the ride-sharing market [1] Group 2 - Gary Alexander has extensive experience in technology companies and has been a contributor to Seeking Alpha since 2017, providing insights into industry trends [1]

Lyft plans to start adding autonomous vehicles (AVs) to its ridesharing platform as soon as this summer.“We recently signed agreements with partners like May Mobility, Mobileye and Marubeni to start rolling out AVs on our platform as soon as this summer,” Jeremy Bird, executive vice president of driver experience at Lyft, wrote in a Thursday (March 20) blog post. “And over time, AVs will account for a larger share of cars, and a larger percentage of rides.”Bird wrote this in a blog post addressing how the d ...

In the latest trading session, Lyft (LYFT) closed at $11.72, marking a +1.65% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 1.08%. Meanwhile, the Dow experienced a rise of 0.92%, and the technology-dominated Nasdaq saw an increase of 1.41%.Shares of the ride-hailing company have depreciated by 17.7% over the course of the past month, underperforming the Computer and Technology sector's loss of 13.17% and the S&P 500's loss of 8.26%.Market participants will be c ...

The stock is cheap and Lyft is built for long-term success.Lyft (LYFT -4.32%) has long been the No. 2 in ridesharing, but the company has now built a nice business with optionality to grow in the core business and autonomy. In this video, Travis Hoium shows why that's a market-beating combination given the stock's valuation.*Stock prices used were end-of-day prices of March 17, 2025. The video was published on March 18, 2025. ...

Wall Street appears to have written off Lyft, Inc. (NASDAQ: LYFT ) as a loser in the ridesharing war. The stock has struggled as management issued guidance that called for slower growth than its larger competitor. Investors may be overlooking the company’s achievementJulian is the leader of the investing group Best Of Breed Growth Stocks where he only shares positions in stocks which have a large probability of delivering large alpha relative to the S&P 500. He also combines growth-oriented principles with ...

Shares of ride-hailing company Lyft (LYFT) have not had a good time on the bourses lately, plunging 13.4% in the past 30 days. The double-digit decline has resulted in LYFT underperforming the Zacks Internet—Services industry, rival Uber Technologies (UBER) , and fellow industry player DoorDash (DASH) in the same timeframe.1-Month Price ComparisonImage Source: Zacks Investment ResearchCurrently trading at $11.48, the stock rebounded 28.6% from its 52-week low of $8.93. However, it still reflects a discount ...

Core Insights - Lyft's CEO David Risher presented the company's operational strengths and strategic vision at the Morgan Stanley 2025 Technology, Media & Telecom Conference, highlighting a Moneyball Superscore of 40/100, indicating a need for improvement but also showcasing strengths in certain areas [1][11]. Financial Performance - Lyft's Financial score stands at 28/100, reflecting ongoing profitability challenges, but there has been a significant turnaround with a "$1 billion swing" from a loss of $300 million to generating $760 million in cash over the past year, suggesting potential for improvement in financial metrics [4][12]. Operational Efficiency - The company has improved operational efficiency, with pickup times now one minute faster than last year and 30 seconds faster than its primary competitor, contributing to a Leadership score of 68/100, indicating effective management [3][4]. Strategic Positioning in Autonomous Vehicles - Lyft is focusing on its role in the autonomous vehicle (AV) value chain without developing its own AV technology, which aligns with a Technology score of 64/100, one of its highest metrics [5][8]. Geographic Expansion - Lyft has seen success in Canada, with rides doubling and Toronto moving from the 20th to the 6th largest market, indicating potential for scaling its operational model to new markets [9][10]. Growth Catalysts - The company's asset-light model and focus on fleet management, marketplace technology, and customer acquisition suggest a balanced growth strategy, supported by an average GARP score of 57/100 [8][12]. Overall Outlook - The overall tone from Lyft's management is one of measured optimism, with specific strengths in Leadership and Technology metrics that could support future growth, despite the caution indicated by the Superscore [11][12].