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

Lyft, Inc. (NASDAQ:LYFT) has earned an average recommendation of “Hold” from the thirty-nine analysts that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, twenty-six have assigned a hold recommendation and eleven have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $19.03.

A number of equities analysts have commented on the company. Morgan Stanley lifted their price target on Lyft from $17.00 to $18.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 30th. Guggenheim lowered shares of 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 research note on Thursday, September 17th. Scotiabank began coverage on shares of Lyft in a report on Wednesday, September 9th. They set a “sector perform” rating and a $17.00 target price for the company. UBS Group boosted their price target on shares of Lyft from $16.00 to $17.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Finally, Jefferies Financial Group increased their price objective on Lyft from $15.00 to $15.50 and gave the company a “hold” rating in a report on Tuesday, July 14th.

Lyft Stock Performance

NASDAQ LYFT opened at $16.82 on Monday. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.59 and a quick ratio of 0.59. The firm has a market cap of $6.37 billion, a price-to-earnings ratio of 2.44, a PEG ratio of 1.07 and a beta of 1.95. Lyft has a 1 year low of $12.46 and a 1 year high of $25.54. The company has a fifty day moving average price of $16.28 and a 200-day moving average price of $15.08.

Lyft (NASDAQ:LYFT) last posted its quarterly earnings data 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 analysts’ expectations of $1.81 billion. Lyft had a net margin of 42.32% and a negative return on equity of 1.20%. Lyft’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.10 EPS. As a group, equities research analysts predict that Lyft will post 0.81 EPS for the current fiscal year.

Lyft News Roundup

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

Insider Buying and Selling

In other news, CAO Stephen W. Hope sold 5,982 shares of the firm’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $17.34, for a total value of $103,727.88. Following the transaction, the chief accounting officer owned 299,974 shares of the company’s stock, valued at approximately $5,201,549.16. This trade represents a 1.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Erin Brewer sold 15,000 shares of the stock in a transaction dated Thursday, September 24th. The shares were sold at an average price of $14.64, for a total value of $219,600.00. Following the completion of the transaction, the chief financial officer directly owned 837,303 shares of the company’s stock, valued at $12,258,115.92. This represents a 1.76% 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. Over the last ninety days, insiders have sold 112,020 shares of company stock valued at $1,850,559. 0.92% of the stock is owned by company insiders.

Institutional Investors Weigh In On Lyft

A number of institutional investors and hedge funds have recently bought and sold shares of LYFT. Contour Asset Management LLC purchased a new stake in shares of Lyft in the fourth quarter valued at $75,870,000. Principal Financial Group Inc. grew its holdings in shares of Lyft by 250.0% during the first quarter. Principal Financial Group Inc. now owns 4,246,519 shares of the ride-sharing company’s stock worth $56,479,000 after purchasing an additional 3,033,333 shares during the last quarter. Altshuler Shaham Ltd increased its position in 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 purchasing an additional 2,607,417 shares during the period. Junto Capital Management LP acquired a new stake in shares of Lyft in the 2nd quarter valued at approximately $36,926,000. Finally, Dimensional Fund Advisors LP lifted its position in 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 acquiring an additional 2,467,010 shares in the last quarter. 83.07% of the stock is owned by institutional investors and hedge funds.

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.