Lyft (NASDAQ:LYFT – Get Free Report) is expected to announce its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect Lyft to post earnings of $0.1963 per share and revenue of $1.92 billion for the quarter. Investors can find conference call details 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 – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The ride-sharing company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates 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%. The company’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.10 EPS. 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 Price Performance
NASDAQ:LYFT opened at $16.67 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.59 and a quick ratio of 0.59. Lyft has a twelve month low of $12.46 and a twelve month high of $25.54. The company’s 50-day moving average price is $16.17 and its 200-day moving average price is $15.14.
Insider Activity at Lyft
In other Lyft news, Director David Lawee sold 4,613 shares of the business’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $17.33, for a total transaction of $79,943.29. Following the sale, the director directly owned 119,124 shares in the company, valued at $2,064,418.92. This represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lindsay Llewellyn sold 13,204 shares of the stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $16.64, for a total transaction of $219,714.56. Following the sale, the insider directly owned 781,152 shares in the company, valued at $12,998,369.28. This represents a 1.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 75,806 shares of company stock worth $1,266,066 over the last ninety days. Company insiders own 0.92% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on LYFT shares. BTIG Research reaffirmed a “neutral” rating on shares of Lyft in a report on Friday, September 18th. UBS Group increased their price objective on shares of Lyft from $17.00 to $18.00 and gave the stock a “neutral” rating in a research report on Monday. Weiss Ratings reiterated a “hold (c)” rating on shares of Lyft in a report on Friday. Rosenblatt Securities started coverage on shares of Lyft in a report on Tuesday, September 1st. They issued a “neutral” rating and a $19.00 target price for the company. Finally, Jefferies Financial Group boosted their target price on Lyft from $15.00 to $15.50 and gave the company a “hold” rating in a research report on Tuesday, July 14th. Ten analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $19.23.
Check Out Our Latest Research Report on Lyft
More Lyft News
Here are the key news stories impacting Lyft this week:
- Positive Sentiment: Lyft moved above its 20-day and 50-day moving averages, which Zacks characterized as a short-term bullish signal. 20-day moving average article 50-day moving average article
- Positive Sentiment: UBS raised its Lyft price target to $18 from $17, while keeping a neutral rating. The higher target signals improved valuation expectations, though the rating indicates the analyst is not calling for a strong near-term move. UBS rating and price target
- Neutral Sentiment: Lyft offered 50% off rides to polling locations on Election Day, with separate coverage noting up to $50 in ride credits for older voters while funds lasted. The promotion may encourage rides and civic engagement, but it is temporary and discounted fares could limit revenue per trip. Election Day ride discounts Ride credits for voters
- Neutral Sentiment: Investors were also directed to Lyft’s key operating metrics ahead of its third-quarter 2026 results. The preview provides no specific estimates or results, so it offers little new evidence about the quarter’s performance. Q3 earnings metrics preview
Lyft Company Profile
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.
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