Board Changes and Stock Performance: Lyft Inc. shares rose after co-founders Logan Green and John Zimmer stepped down from the board, simplifying the company's capital structure. The company reported strong second-quarter earnings, with record gross bookings of $4.5 billion, despite slightly missing revenue estimates.
Analyst Insights and Future Outlook: Analysts noted significant growth potential in Lyft's autonomous vehicle markets, which are expanding faster than traditional ridesharing. For the third quarter, Lyft anticipates gross bookings between $4.65 billion and $4.8 billion, while its stock shows strong momentum but is considered expensive based on value metrics.
LYFT
$19.12+Infinity%1D
Analyst Views on LYFT
Wall Street analysts forecast LYFT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LYFT is 24.10 USD with a low forecast of 16.00 USD and a high forecast of 32.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
30 Analyst Rating
Wall Street analysts forecast LYFT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LYFT is 24.10 USD with a low forecast of 16.00 USD and a high forecast of 32.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Buy
21 Hold
1 Sell
Hold
Current: 20.370
Low
16.00
Averages
24.10
High
32.00
Current: 20.370
Low
16.00
Averages
24.10
High
32.00
Jefferies
Hold
downgrade
$23 -> $22
2025-12-11
New
Reason
Jefferies
Price Target
$23 -> $22
2025-12-11
New
downgrade
Hold
Reason
Jefferies lowered the firm's price target on Lyft to $22 from $23 and keeps a Hold rating on the shares. The firm recommends staying selective across Internet stocks, as incremental investments could limit margin expansion and concerns around AI disintermediation could limit multiple appreciation, the analyst tells investors in the firm's "2026 Internet Playbook" note.
Wells Fargo
Equal Weight
maintain
$20 -> $26
2025-12-09
Reason
Wells Fargo
Price Target
$20 -> $26
2025-12-09
maintain
Equal Weight
Reason
Wells Fargo raised the firm's price target on Lyft to $26 from $20 and keeps an Equal Weight rating on the shares. The firm notes Lyft is mostly a pure play U.S. rideshare operator, and as such its healthy U.S. rideshare market outlook for 2026 is a clear positive for the stock. Despite this positive industry outlook, Wells remains on the sidelines as it views the recent diversification into non-U.S. assets as dilutive to the multiple and growth rate.
Arete
Sell -> Neutral
upgrade
$20
2025-12-03
Reason
Arete
Price Target
$20
2025-12-03
upgrade
Sell -> Neutral
Reason
Arete upgraded Lyft to Neutral from Sell with a $20 price target.
Guggenheim
Buy
maintain
$24 -> $26
2025-11-18
Reason
Guggenheim
Price Target
$24 -> $26
2025-11-18
maintain
Buy
Reason
Guggenheim raised the firm's price target on Lyft to $26 from $24 and keeps a Buy rating on the shares. After refining the firm's model following Q3 earnings, the analyst tells investors that the firm remains confident in its above-consensus gross bookings, adjusted EBITDA, and free cash flow forecasts in 2026-2027.
About LYFT
Lyft, Inc. is a global mobility platform offering rideshare, taxis, private hire vehicles, car sharing, bikes, and scooters across North America and Europe. It operates across 11 countries and in nearly 1,000 cities, and Lyft Urban Solutions supports bike sharing in 16 countries and more than 86 cities. Its Lyft mobile application (the Lyft App) connects riders with drivers for on-demand ride services and supports a variety of other multimodal mobility solutions. Its offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and scooters (Light Vehicles) for shorter rides and first-mile and last-mile legs of multimodal trips. FREENOW by Lyft is the European taxi app featuring broad multi-mobility options. Through FREENOW, passengers can access various mobility services within a single app, including taxis, private hire vehicles, car sharing, car rental, e-scooters, e-bikes, e-mopeds, and public transport.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
