
Lyft (LYFT) Stock Forecast & Price Target
Lyft (LYFT) Analyst Ratings
Bulls say
Lyft demonstrated notable growth in its ride-sharing segment, with active riders increasing by 18% year-over-year in the fourth quarter, reaching 29.2 million, which reflects a strong demand for its services. The company reported a 6% year-over-year increase in gross bookings per ride, coupled with ongoing growth in driver hours for the twelfth consecutive quarter, indicating an expanding operational capacity. Additionally, Lyft anticipates AEBITDA margin expansion by 2026 and expects gross bookings growth to accelerate, signaling a positive trajectory for profitability and market share gains in the coming years.
Bears say
The financial outlook for Lyft is impacted by a decline in vehicle miles traveled and a decrease in demand for its ride-sharing services, as evidenced by lower quarterly rides and booking metrics. EBITDA margins are under pressure, with a guide for the first quarter suggesting a flat margin relative to gross bookings, highlighting issues with profitability. Additionally, the possibility of a growth plateau in shared mobility adoption due to high pricing could further compress valuations, compounding the concerns regarding Lyft's financial performance.
This aggregate rating is based on analysts' research of Lyft and is not a guaranteed prediction by Public.com or investment advice.
Lyft (LYFT) Analyst Forecast & Price Prediction
Start investing in Lyft (LYFT)
Order type
Buy in
Order amount
Est. shares
0 shares