Stock Price & Analysis

Based on the provided data and recent market activity, LYFT's stock is showing concerning signals that suggest caution. The stock closed at $13.41 on Friday with declining volume, and technical indicators show bearish momentum with an RSI of 43.04 and negative MACD at -0.46.

Recent Events & Impact:

• A federal judge recently dismissed a lawsuit against Lyft regarding an earnings report error from February 2024, which caused temporary market volatility but had limited long-term impact.
• The company received a moderate 44% rating based on the P/B Growth Investor model, indicating concerns about fundamentals and valuation.

Analyst Sentiment: Recent analyst actions show mixed views:

• Wells Fargo maintained Hold rating with $14 PT (Jan 16, 2025)
• Benchmark upgraded to Strong Buy with $20 PT (Jan 6, 2025)
• Wedbush maintained Hold with $18 PT, citing concerns about AI disruption and autonomous vehicles

Market Position Challenges:

• Facing increased competition from autonomous vehicle developments, particularly from Waymo and Amazon's Zoox
• Industry-wide challenges with high costs and regulatory uncertainties in the robotaxi sector

Technical Analysis:

• Currently trading between Fibonacci support at $12.80 and resistance at $14.55
• Below 20-day SMA of $13.54, indicating short-term weakness
• RSI at 43.04 suggests neutral to slightly bearish momentum

Given the current technical weakness, mixed analyst sentiment, and industry headwinds from autonomous vehicle competition, selling LYFT stock appears to be the more prudent action at this time. The stock may face further pressure as the robotaxi industry evolves and competition intensifies.

Based on the provided data and analysis, here is the price prediction for LYFT stock in 2025:

LYFT's stock price is expected to reach $18-20 by end of 2025, representing a potential upside of 30-45% from current price of $13.41. The key drivers for this target include:

Growth Catalysts:

• Revenue growth projected at 15% in 2025 with continued expansion of active riders (currently at 24.4 million, up 9% YoY)
• Expected to achieve GAAP profitability in 2025 for the first time, with net income projected to triple in 2026
• Free cash flow expected to exceed $650 million in 2024, marking first year of positive FCF

Valuation Support:

• Trading at just 9x next year's adjusted EBITDA vs Uber at 16x
• Enterprise value of $4.5B represents less than 1x forward sales
• Forward P/E of 13.6x indicates attractive entry point

Recent Developments:

• Successfully implementing cost optimization under CEO David Risher
• Expanding ecosystem with new features like Price Lock and Lyft Media
• Deepening partnerships with companies like DoorDash and Mobileye for autonomous rides

Risk Factors:

• Competition from robotaxi leaders Tesla and Waymo
• Regulatory challenges as evidenced by recent lawsuit against San Francisco
• Historical volatility and dependence on driver availability

The $18-20 target appears achievable given LYFT's improving fundamentals, attractive valuation, and strategic initiatives, though investors should monitor execution risks and competitive dynamics.

The S1 support level for LYFT Stock is $12.78 ,The R1 resistant level for LYFT Stock is $13.9.

As of the end of day on 2025-01-24, the price of LYFT Stock was $13.77.

The target price for LYFT Stock according to analyst rating is 19.04, with the highest price target at 26.00 and the lowest at 15.00. Analysts have a Moderate Buy rating on LYFT Stock overall.

The market cap of LYFT is $5.7B.

Based on the provided data and context, here's a comprehensive analysis of LYFT's valuation:

Financial Performance LYFT shows mixed financial results in recent quarters. Revenue has been growing steadily from $1.28B in Q1 2024 to $1.52B in Q3 2024. However, profitability remains a concern with net losses in Q1 (-$31.5M) and Q3 (-$12.4M), despite a small profit in Q2 ($5M).

Valuation Metrics

• Price-to-Sales (P/S) ratio has decreased from 1.62 in Q1 2024 to 0.95 in Q3 2024, indicating the stock has become cheaper relative to sales
• Price-to-Book (P/B) ratio declined from 15.88 to 8.06, suggesting improved valuation from a book value perspective
• The company is not yet consistently profitable, making traditional P/E metrics less meaningful

Market Position & Growth According to recent analysis, LYFT has made significant improvements in its platform, including:

• Price Lock subscription plan with over 200,000 customers
• Reduced surge pricing implementation
• Enhanced driver compensation for traffic delays
• New revenue stream through Lyft Media platform

Competitive Analysis While LYFT remains the second-largest ride-hailing service in North America, it faces challenges:

• Smaller scale compared to Uber
• Limited geographical presence (US and Canada only)
• Emerging competition from autonomous vehicle services

Conclusion LYFT appears reasonably valued at current levels considering:

• Improving operational metrics
• Declining valuation multiples
• Path to profitability emerging
• Strong market position in North America

However, persistent net losses and competitive pressures suggest the stock still carries significant risks.

Lyft, Inc. is a multimodal transportation network in the United States and Canada that offer access to a variety of transportation options through its platform and mobile-based applications. The Lyft Platform provides a marketplace where drivers can be matched with riders via the Lyft App, where it operates as a transportation network company. Transportation options through its platform and mobile-based applications are substantially comprised of its ridesharing marketplace that connects drivers and riders in cities across the United States and in select cities in Canada, its network of bikes and scooters, and the Express Drive program, where drivers can enter into short-term rental agreements with its subsidiary, Flexdrive Services, LLC or a third party for vehicles that may be used to provide ridesharing services on the Lyft Platform. It makes the ridesharing marketplace available to organizations through Lyft Business offerings, such as the Concierge and Lyft Pass programs.

Based on the available data and analysis, here is the price prediction for LYFT stock by 2030:

LYFT stock is projected to reach $35-40 by 2030, driven by three key factors: 1) The company's successful transition to profitability with analysts expecting positive GAAP earnings starting 2025 and FCF exceeding $650 million in 2024. 2) Lyft's growing market share in the US ride-hailing industry as the clear #2 player with over 24 million active riders and projected revenue growth of 15% annually through 2025-2026. 3) The company's strategic initiatives in autonomous vehicles through partnerships with Mobileye and others, which could help reduce driver costs long-term.

LYFT has a total of 2945 employees.