Technical Analysis: LYFT's stock shows mixed signals based on technical indicators. RSI-14 at 45.71 indicates neutral momentum, while the MACD (-0.06) suggests slight bearish pressure. The stock is trading between its SMA-5 ($13.93) and SMA-200 ($13.89), indicating a consolidation phase.
News Impact:
Price Projection for Next Week: Based on Fibonacci levels and current technical setup:
Target Price Range: $13.80-14.50
Recommendation: HOLD Current price action suggests consolidation after recent volatility. While positive news flow supports upside potential, technical indicators show neutral momentum. The risk/reward ratio doesn't favor either strong buying or selling at current levels.
The price of LYFT is predicted to go up 16.8%, based on the high correlation periods with ROP. The similarity of these two price pattern on the periods is 94.07%.
LYFT
ROP
Year
LYFT Price Forecast($)
Potential Return(%)
2025
18.000
38.670
2026
18.000
32.940
2027
20.000
47.710
2028
25.000
84.640
2029
25.000
84.640
2030
25.000
84.640
Lyft's position in the autonomous vehicle race could equalize gross and net revenue, if it no longer needs to pay drivers.
Lyft will profit from its do-good brand in comparison with competitor Uber.
The company's aggregation of multimodal offerings will drive in-app stickiness, making Lyft a one-stop shop for all transport needs.
Wedbush
2025-01-06
Price Target
$20 → $18
Upside
+25.09%
Benchmark
2025-01-06
Price Target
$20
Upside
+38.99%
Tigress Financial
2024-11-21
Price Target
$24 → $26
Upside
+59.61%