Major Stocks Including Lyft, Oruka Therapeutics, Roivant Sciences, and Workday Rise on Wednesday
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 17 2025
0mins
Source: Benzinga
U.S. Stock Market Performance: U.S. stocks showed mixed results, with the Dow Jones gaining over 200 points, while Lyft's shares surged 13.5% following a partnership with Waymo to manage autonomous vehicles in Nashville.
Notable Stock Gains: Several companies experienced significant stock increases, including New Fortress Energy (up 32.3%), Oruka Therapeutics (up 14.1%), and Workday (up 9%) after positive announcements and upgrades.
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Analyst Views on LYFT
Wall Street analysts forecast LYFT stock price to rise
29 Analyst Rating
7 Buy
20 Hold
2 Sell
Hold
Current: 14.610
Low
16.00
Averages
24.06
High
32.00
Current: 14.610
Low
16.00
Averages
24.06
High
32.00
About LYFT
Lyft, Inc. provides global mobility platform offering a mix of rideshare, taxis, private hire vehicles, executive chauffeur services, car sharing, bikes and scooters. Its Lyft mobile application (the Lyft App) connects riders with drivers for on-demand ride services and supports a variety of other multimodal solutions. The Company is also engaged in licensing and data access agreements, the sale of bikes and bike station software and hardware, advertising services, riders renting through its network of shared bikes and scooters, drivers renting vehicles through Express Drive. Its ridesharing marketplace includes taxis, private hire vehicles, executive chauffeur services and car sharing. Its Express Drive is a car rental program for drivers. Through its Express Drive program, drivers can enter into rental agreements and rental car partners for vehicles that may be used to provide ridesharing services on the Lyft Platform. It owns Freenow, a multimodal app with taxi offering at its core.
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.
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- Future Collaboration Outlook: Waymo stated that the pilot paved the way for future expansions and global partnerships, and while the collaboration with Uber has ended, Waymo plans to offer robotaxi services through Lyft in Nashville, indicating an intensifying competitive landscape.
See More
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- Market Expansion: Waymo operates a fleet of approximately 4,000 automated vehicles in the U.S.; although the Phoenix pilot has concluded, its vehicles will continue to be utilized for autonomous deliveries via DoorDash, indicating ongoing strategic positioning in the delivery market.
- Competitive Landscape Shift: Uber's dominance in the autonomous driving sector is now questioned, especially as Waymo plans to offer services through competitor Lyft in Nashville, potentially impacting Uber's future market share.
- Future Outlook: Waymo stated that the Phoenix pilot laid the groundwork for future global expansions and partnerships, and while the collaboration with Uber has ended, both companies are still exploring opportunities in other markets.
See More
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- Changing Driving Habits Among Youth: Data shows that only 50% of 16-year-olds in the U.S. will have a driver's license by 2025, a significant drop from nearly 70% between 1966 and 1984, reflecting a weakening demand for cars among younger generations, which could impact future vehicle registrations.
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- Intensifying Competition and Market Consolidation: As competition intensifies, the U.S. auto market is expected to face consolidation pressures, particularly among the 450 brands, as manufacturers must devise new strategies to cope with diverse consumer choices and market contraction.
See More
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- IPO First Day Performance: SpaceX went public on June 12, closing its first day with a 19.2% gain, peaking at $225.64, indicating strong market demand and investor enthusiasm; however, the subsequent decline in stock price reflects concerns about its long-term performance.
- Market Reaction Analysis: Following its peak, SpaceX's stock price has dropped over 25%, suggesting that market expectations for its future growth may be overly optimistic, particularly given the typical post-IPO selling pressure and the impending expiration of lock-up periods.
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