Lyft is advancing its autonomous vehicle (AV) integration, planning a rollout this summer with partnerships like May Mobility and Mobileye. This could enhance service efficiency and rider experience, potentially driving demand and improving margins. However, concerns about driver earnings and competitive pricing pressures remain, as highlighted in recent analyst reports.
Bank of America maintains a Buy rating with a price target of $17.50, suggesting significant upside potential. The average analyst target is $16.90, indicating a 44% increase from current levels.
Given the positive news on AV integration and the bullish technical setup, Lyft's stock is expected to rise to $12.30 next week. The improving fundamentals and analyst optimism suggest a buy recommendation.
Year
LYFT Price Forecast($)
Potential Return(%)
2025
18.000
38.670
2026
18.000
34.930
2027
25.000
87.410
2028
25.000
87.410
2029
25.000
87.410
2030
30.000
124.890
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.
Needham
2025-03-24
Price Target
n/a
Downside
0%
Loop Capital
2025-03-18
Price Target
$23 → $20
Upside
+73.46%
RBC Capital
2025-03-17
Price Target
$21
Upside
+74.56%