Lyft (LYFT) Projected to Release Earnings on Thursday

Lyft (NASDAQ:LYFT) is projected to announce its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect Lyft to announce earnings of $0.1961 per share and revenue of $1.92 billion for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

Lyft (NASDAQ:LYFT) last posted its quarterly earnings data on Thursday, August 6th. The ride-sharing company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.01). Lyft had a net margin of 42.32% and a negative return on equity of 1.20%. The company had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter last year, the business posted $0.10 EPS. The business’s quarterly revenue was up 16.1% compared to the same quarter last year. On average, analysts expect Lyft to post $0.81 EPS for the current fiscal year and $1.16 EPS for the next fiscal year.

Lyft Stock Up 2.8%

NASDAQ LYFT opened at $16.62 on Tuesday. Lyft has a 52-week low of $12.46 and a 52-week high of $25.54. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.33. The company has a fifty day moving average of $16.19 and a 200-day moving average of $15.15.

Analyst Ratings Changes

A number of research firms have weighed in on LYFT. Zacks Research upgraded Lyft from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 5th. JPMorgan Chase & Co. lifted their price target on Lyft from $18.00 to $19.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Guggenheim cut Lyft from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $22.00 to $16.00 in a report on Thursday, September 17th. UBS Group increased their price objective on Lyft from $17.00 to $18.00 and gave the company a “neutral” rating in a research report on Monday. Finally, Cantor Fitzgerald reduced their price objective on Lyft from $17.00 to $15.00 and set a “neutral” rating on the stock in a research report on Monday, October 19th. Ten analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $19.23.

Insider Buying and Selling

In other Lyft news, CAO Stephen W. Hope sold 5,982 shares of the stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $17.34, for a total transaction of $103,727.88. Following the completion of the sale, the chief accounting officer owned 299,974 shares of the company’s stock, valued at $5,201,549.16. This represents a 1.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Janey Whiteside sold 14,220 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $17.00, for a total transaction of $241,740.00. Following the completion of the sale, the director directly owned 66,184 shares in the company, valued at approximately $1,125,128. This trade represents a 17.69% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 75,806 shares of company stock valued at $1,266,066 over the last quarter. Company insiders own 0.92% of the company’s stock.

About Lyft

Lyft, Inc is a technology company that operates a transportation network platform in the United States and Canada. Its platform connects passengers with drivers through a mobile application and website, primarily offering on-demand rides in private vehicles, taxis and other transportation options.

The company also provides access to bicycles and scooters in select markets, as well as vehicle rentals and transportation solutions for businesses, healthcare organizations and other institutions.