Brokerages Set Lyft, Inc. (NASDAQ:LYFT) PT at $19.66

Shares of Lyft, Inc. (NASDAQ:LYFT) have been given a consensus rating of “Hold” by the thirty-four ratings firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, twenty-two have given a hold rating and ten have issued a buy rating on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $19.6290.

Several research firms have recently issued reports on LYFT. Mizuho reduced their target price on Lyft from $16.00 to $15.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. Sanford C. Bernstein increased their price objective on shares of Lyft from $22.00 to $23.00 and gave the stock a “market perform” rating in a research note on Monday, November 10th. Roth Mkm set a $22.00 target price on shares of Lyft in a report on Wednesday, February 11th. Wells Fargo & Company cut their price target on shares of Lyft from $26.00 to $18.00 and set an “equal weight” rating for the company in a report on Wednesday, February 11th. Finally, Wall Street Zen cut shares of Lyft from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th.

Insiders Place Their Bets

In other Lyft news, insider Lindsay Catherine Llewellyn sold 23,661 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $13.30, for a total transaction of $314,691.30. Following the completion of the transaction, the insider owned 696,850 shares of the company’s stock, valued at approximately $9,268,105. The trade was a 3.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Stephen W. Hope sold 5,284 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $13.83, for a total transaction of $73,077.72. Following the completion of the sale, the chief accounting officer owned 300,570 shares in the company, valued at approximately $4,156,883.10. The trade was a 1.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 31,038 shares of company stock worth $416,841 over the last 90 days. Corporate insiders own 3.07% of the company’s stock.

Institutional Trading of Lyft

Hedge funds have recently added to or reduced their stakes in the stock. Heartland Advisors Inc. lifted its position in shares of Lyft by 68.2% in the 3rd quarter. Heartland Advisors Inc. now owns 594,800 shares of the ride-sharing company’s stock worth $13,092,000 after purchasing an additional 241,250 shares during the period. Nierenberg Investment Management Company Inc. acquired a new position in Lyft in the second quarter valued at $671,000. Savant Capital LLC lifted its holdings in Lyft by 78.1% in the second quarter. Savant Capital LLC now owns 427,813 shares of the ride-sharing company’s stock valued at $6,742,000 after buying an additional 187,625 shares during the period. CWM LLC boosted its position in Lyft by 52.1% during the third quarter. CWM LLC now owns 819,677 shares of the ride-sharing company’s stock valued at $18,041,000 after acquiring an additional 280,886 shares during the last quarter. Finally, Abacus FCF Advisors LLC acquired a new stake in Lyft during the 3rd quarter worth about $6,442,000. Institutional investors and hedge funds own 83.07% of the company’s stock.

Trending Headlines about Lyft

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Lyft announced the acquisition of Motivate, a bike‑share operator, expanding its micromobility footprint and diversifying revenue beyond rides — a strategic move investors often view as a growth catalyst. Lyft pulls an Uber and acquires Motivate, a bike-sharing company
• Neutral Sentiment: Analysts and coverage pieces continue to include Lyft among gig‑economy plays, keeping the stock on investor radars but not delivering fresh valuation catalysts. Stocks to Keep an Eye on to Take Advantage of the Gig Economy Boom
• Neutral Sentiment: Industry dynamics: Uber is testing driver subscription packages, signaling competitive experimentation on driver economics that could influence Lyft’s driver retention and cost profile. Uber explores driver subscription model as ride prices rise 9.6%
• Negative Sentiment: Hedge fund Owl Creek sold ~1.94M Lyft shares (~$40M), reducing an institutional stake — a material block sale that can weigh on near‑term sentiment. Hedge Fund Owl Creek Dumped 1.9 Million Shares of Lyft Worth $40.3 Million. Is the Stock a Buy or Sell?
• Negative Sentiment: Mizuho cut its price target on LYFT to $15, signaling lower near‑term expectations from a sell‑side analyst and potentially pressuring investor sentiment. Mizuho Cuts Lyft (NASDAQ:LYFT) Price Target to $15.00
• Negative Sentiment: Regulatory risk: a U.S. House committee is probing secret use of AI for surveillance/pricing across ride‑hailing platforms — a legal/regulatory overhang that has already pressured shares of Lyft and peers. Uber and Lyft Stocks Skid as U.S. Probes Secret Use of AI in Surveillance Pricing
• Negative Sentiment: Legal and reputational issues: recent lawsuits tied to alleged hit‑and‑run incidents and reports of discrimination against blind/low‑vision riders increase litigation and regulatory risk. Scooter rider sues Lyft after driver’s alleged Capitol Hill hit-and-run People who are blind, have low vision report discrimination with ride-share services
• Negative Sentiment: Demand pressure: ride costs rose ~10% last year and consumer reports suggest riders are cutting back, which could temper growth in ride volumes and ARPU. The cost of Uber and Lyft rides rose nearly 10% last year — and now riders say they’re cutting back

Lyft Trading Up 0.5%

Shares of NASDAQ:LYFT opened at $13.25 on Friday. The business’s 50 day simple moving average is $16.55 and its 200 day simple moving average is $18.95. Lyft has a 1 year low of $9.66 and a 1 year high of $25.54. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.65 and a quick ratio of 0.65. The company has a market capitalization of $5.27 billion, a P/E ratio of 1.94, a P/E/G ratio of 0.80 and a beta of 1.92.

Lyft declared that its Board of Directors has initiated a stock buyback plan on Tuesday, February 10th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the ride-sharing company to buy up to 15.1% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its stock is undervalued.

About Lyft

Lyft, Inc (NASDAQ: LYFT) operates a peer-to-peer ridesharing platform that connects passengers with drivers through a mobile application. Since its founding in 2012, the company has expanded beyond traditional ride-hailing to include bike and electric scooter rentals, while also offering rental cars and public transit options in select markets. Lyft’s platform uses GPS mapping and dynamic pricing algorithms to optimize driver-passenger matches and route efficiency.

Headquartered in San Francisco, California, Lyft primarily serves urban and suburban markets across the United States and Canada.