Recent Investment Analysts’ Ratings Updates for Lyft (LYFT)

Lyft (NASDAQ: LYFT) has recently received a number of price target changes and ratings updates:

• 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.
• 2/18/2025 – Lyft had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $21.00 price target on the stock.
• 2/13/2025 – Lyft had its price target lowered by analysts at Susquehanna from $18.00 to $15.00. They now have a “neutral” rating on the stock.
• 2/12/2025 – Lyft had its “overweight” rating reaffirmed by analysts at Citigroup Inc..
• 2/12/2025 – Lyft had its “neutral” rating reaffirmed by analysts at Roth Capital.
• 2/12/2025 – Lyft had its “overweight” rating reaffirmed by analysts at Piper Sandler. They now have a $18.00 price target on the stock, down previously from $23.00.
• 2/12/2025 – Lyft had its price target lowered by analysts at Royal Bank of Canada from $24.00 to $21.00. They now have an “outperform” rating on the stock.
• 2/12/2025 – Lyft had its price target lowered by analysts at DA Davidson from $16.00 to $15.00. They now have a “neutral” rating on the stock.
• 2/12/2025 – Lyft had its price target lowered by analysts at UBS Group AG from $16.00 to $15.00. They now have a “neutral” rating on the stock.
• 2/12/2025 – Lyft had its price target lowered by analysts at Wedbush from $18.00 to $16.00. They now have a “neutral” rating on the stock.
• 2/12/2025 – Lyft had its price target lowered by analysts at JPMorgan Chase & Co. from $19.00 to $16.00. They now have a “neutral” rating on the stock.
• 2/12/2025 – Lyft had its price target lowered by analysts at Cantor Fitzgerald from $15.00 to $14.00. They now have a “neutral” rating on the stock.
• 2/12/2025 – Lyft had its price target lowered by analysts at BMO Capital Markets from $18.00 to $15.00. They now have a “market perform” rating on the stock.
• 2/12/2025 – Lyft had its price target lowered by analysts at Evercore ISI from $19.00 to $15.00. They now have an “in-line” rating on the stock.
• 2/12/2025 – Lyft had its price target lowered by analysts at Truist Financial Co. from $20.00 to $17.00. They now have a “hold” rating on the stock.
• 2/12/2025 – Lyft had its “hold” rating reaffirmed by analysts at Needham & Company LLC.
• 2/12/2025 – Lyft had its price target lowered by analysts at Barclays PLC from $20.00 to $19.00. They now have an “equal weight” rating on the stock.
• 2/11/2025 – Lyft had its price target raised by analysts at Bank of America Co. from $19.00 to $21.00. They now have a “buy” rating on the stock.
• 2/3/2025 – Lyft had its price target lowered by analysts at UBS Group AG from $18.00 to $16.00. They now have a “neutral” rating on the stock.

Lyft Price Performance

NASDAQ:LYFT traded up $0.05 on Tuesday, reaching $11.92. 7,724,915 shares of the company’s stock traded hands, compared to its average volume of 19,284,527. The firm has a market cap of $4.98 billion, a PE ratio of 198.67, a P/E/G ratio of 1.90 and a beta of 2.15. The company has a quick ratio of 0.75, a current ratio of 0.76 and a debt-to-equity ratio of 0.74. Lyft, Inc. has a 12 month low of $8.93 and a 12 month high of $19.55. The stock has a 50-day simple moving average of $12.90 and a 200-day simple moving average of $13.84.

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%. Equities research analysts forecast that Lyft, Inc. will post 0.22 earnings per share for the current year.

Insider Buying and Selling

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in LYFT. Spurstone Advisory Services LLC purchased a new position in shares of Lyft in the fourth quarter worth about $25,000. True Wealth Design LLC acquired a new position in shares of Lyft during the 3rd quarter worth approximately $27,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in Lyft during the fourth quarter worth $29,000. ORG Wealth Partners LLC purchased a new position in Lyft in the 4th quarter valued at about $31,000. Finally, Byrne Asset Management LLC purchased a new position in shares of Lyft in the fourth quarter valued at approximately $35,000. 83.07% of the stock is currently owned by hedge funds and other institutional investors.

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.