Lyft, Inc. (NASDAQ:LYFT) Stock Now Rated “Hold” by Wall Street Analysts

Lyft, Inc. (NASDAQ:LYFT) has been given an average recommendation of “Hold” by the thirty-nine analysts that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, twenty-six have given a hold recommendation and eleven have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $19.03.

LYFT has been the subject of a number of recent analyst reports. Morgan Stanley upped their price target on shares of Lyft from $17.00 to $18.00 and gave the stock an “equal weight” rating in a report on Thursday, July 30th. Cantor Fitzgerald lifted their price objective on shares of Lyft from $14.00 to $17.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Susquehanna reissued a “neutral” rating and issued a $18.00 price objective on shares of Lyft in a research note on Monday, August 10th. JPMorgan Chase & Co. boosted their price objective on shares of Lyft from $18.00 to $19.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Lyft in a research note on Monday, August 3rd.

Lyft Stock Performance

LYFT opened at $16.82 on Monday. The stock has a market capitalization of $6.37 billion, a price-to-earnings ratio of 2.44, a P/E/G ratio of 1.04 and a beta of 1.95. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.33. Lyft has a twelve month low of $12.46 and a twelve month high of $25.54. The company has a 50-day simple moving average of $16.28 and a 200 day simple moving average of $15.09.

Lyft (NASDAQ:LYFT) last released its earnings results on Thursday, August 6th. The ride-sharing company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.01). The firm had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.81 billion. Lyft had a net margin of 42.32% and a negative return on equity of 1.20%. Lyft’s quarterly revenue was up 16.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.10 earnings per share. Analysts predict that Lyft will post 0.81 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CAO Stephen W. Hope sold 5,982 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $17.34, for a total transaction of $103,727.88. Following the completion of the transaction, the chief accounting officer owned 299,974 shares of the company’s stock, valued at approximately $5,201,549.16. The trade was a 1.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lindsay Llewellyn sold 36,214 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $16.14, for a total value of $584,493.96. Following the sale, the insider owned 817,517 shares of the company’s stock, valued at approximately $13,194,724.38. This represents a 4.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 112,020 shares of company stock worth $1,850,559. 0.92% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Altshuler Shaham Ltd lifted its holdings in shares of Lyft by 51.6% in the first quarter. Altshuler Shaham Ltd now owns 7,662,027 shares of the ride-sharing company’s stock worth $101,905,000 after acquiring an additional 2,607,417 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Lyft by 58.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,720,478 shares of the ride-sharing company’s stock valued at $89,360,000 after purchasing an additional 2,467,010 shares in the last quarter. Contour Asset Management LLC acquired a new stake in shares of Lyft in the 4th quarter valued at approximately $75,870,000. Principal Financial Group Inc. boosted its stake in shares of Lyft by 250.0% in the 1st quarter. Principal Financial Group Inc. now owns 4,246,519 shares of the ride-sharing company’s stock valued at $56,479,000 after purchasing an additional 3,033,333 shares in the last quarter. Finally, Pacer Advisors Inc. grew its holdings in shares of Lyft by 62.2% during the 1st quarter. Pacer Advisors Inc. now owns 3,189,313 shares of the ride-sharing company’s stock valued at $42,418,000 after purchasing an additional 1,223,536 shares during the last quarter. Institutional investors own 83.07% of the company’s stock.

Trending Headlines about Lyft

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Alcove expands Lyft’s corporate-travel opportunity. Lyft introduced Alcove, a global chauffeur brand built around its acquisition of TBR Global Chauffeuring. The service will target executive travel, conferences, airport transfers and full-day bookings, while supporting corporate travel programs and business passengers worldwide. The initiative could diversify Lyft beyond standard rides and increase exposure to higher-value business travel. Lyft Banks on Corporate Travel With Alcove Chauffeur Service
• Positive Sentiment: Management is pursuing an upscale growth strategy. CEO David Risher said Alcove is designed to serve executive travel needs, potentially giving Lyft access to corporate customers with larger and more predictable transportation budgets. The launch also intensifies competition with Uber in business travel. Lyft Eyes Upscale Corporate Travel as Next Leg of Growth
• Neutral Sentiment: Third-quarter financial results are approaching. Lyft is scheduled to announce its third-quarter 2026 results. Investors will likely look for evidence that revenue growth is translating into stronger earnings, along with updates on bookings, margins and the contribution from newer business lines. Lyft To Announce Third Quarter 2026 Financial Results
• Negative Sentiment: Lyft recently underperformed the broader market. The latest market coverage described the stock’s decline as greater than the overall market’s move, but did not identify a new company-specific earnings or operational shock. The pressure may therefore reflect investor caution ahead of results and valuation or sector sentiment. Lyft Declines More Than Market
• Negative Sentiment: Legal and labor risks remain overhangs. Lyft is seeking to limit consolidated sexual-assault lawsuits, while California drivers for Lyft and Uber have formed a union. These developments could create litigation costs, regulatory uncertainty or higher labor expenses, although their ultimate financial impact is not yet clear. Lyft Seeks to Clip Consolidated Sexual Assault Suits

About Lyft

Lyft, Inc is a technology company that operates a transportation platform in the United States and Canada. Through its mobile application and website, Lyft connects riders with drivers who provide on-demand and scheduled transportation services, including rides in private vehicles and taxis.

The company also offers a range of related services, such as bikes and scooters in select markets, airport transportation, business travel programs and tools for organizations managing transportation.