Lyft Seeks $450 Million from Wall Street — What Are Their Upcoming Plans?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 02 2025
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Source: Benzinga
Lyft's Financial Strategy: Lyft, Inc. plans to offer $450 million in Convertible Senior Notes due 2030 to strengthen its balance sheet, fund share buybacks, and support future investments, while also entering capped call transactions to limit dilution.
Recent Performance: Despite reporting quarterly earnings of 10 cents per share that exceeded expectations, Lyft's revenue of $1.58 billion fell short of analyst estimates, with shares trading at $16.24 within a 52-week range of $9.66 to $19.06.
Analyst Views on OND
Wall Street analysts forecast OND stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for OND is USD with a low forecast of USD and a high forecast of 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.
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Current: 40.605
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Current: 40.605
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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.
