Lyft (LYFT) Soars 9.6%: Is Further Upside Left in the Stock?

Lyft Stock Performance - Lyft shares rallied 9 6% in the last trading session to close at $13 60, driven by notable trading volume [1] - The stock has gained 6 8% over the past four weeks [1] - The uptick in Lyft's stock price was partly due to Tesla's disappointing Robotaxi event, which failed to excite investors and boosted shares of ride-sharing companies like Lyft [2] Earnings and Revenue Expectations - Lyft is expected to post quarterly earnings of$ 0 19 per share, representing a year-over-year change of -20 8% [3] - Revenues are expected to be $1 42 billion, up 22 6% from the year-ago quarter [3] - The consensus EPS estimate for Lyft has been revised 16 7% higher over the last 30 days, indicating a positive trend in earnings estimate revision [4] Industry and Peer Performance - Lyft is part of the Zacks Internet - Services industry [4] - LivePerson (LPSN), another stock in the same industry, finished the last trading session 8 3% higher at$ 1 17 and has returned 1 9% over the past month [4] - For LivePerson, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at -$0 05, representing a change of -266 7% from the year-ago quarter [5]