Brokerages Set Lyft, Inc. (NASDAQ:LYFT) Price Target at $22.76

Shares of Lyft, Inc. (NASDAQ:LYFT) have earned an average rating of “Hold” from the thirty-four ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, twenty-two have given a hold rating and ten have assigned a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $22.7581.

LYFT has been the topic of several recent research reports. Wedbush lowered shares of Lyft from a “neutral” rating to an “underperform” rating and reduced their target price for the company from $20.00 to $16.00 in a report on Friday, December 19th. Royal Bank Of Canada boosted their price objective on Lyft from $21.00 to $27.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. Wall Street Zen downgraded Lyft from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Deutsche Bank Aktiengesellschaft raised their target price on Lyft from $21.00 to $25.00 and gave the company a “hold” rating in a report on Friday, November 7th. Finally, Guggenheim upped their price target on Lyft from $24.00 to $26.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th.

Lyft Trading Up 1.4%

Shares of LYFT stock opened at $16.85 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.76. Lyft has a fifty-two week low of $9.66 and a fifty-two week high of $25.54. The firm’s 50 day moving average price is $19.04 and its two-hundred day moving average price is $19.08. The stock has a market cap of $6.73 billion, a price-to-earnings ratio of 44.34, a price-to-earnings-growth ratio of 1.03 and a beta of 1.93.

Lyft declared that its board has approved a share repurchase program on Tuesday, February 10th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the ride-sharing company to repurchase up to 15.1% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s management believes its stock is undervalued.

Trending Headlines about Lyft

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Board authorized a $1 billion share buyback, which supports the stock by returning capital and signaling confidence in Lyft’s balance sheet. Lyft offers $1 billion buyback, but shares are tumbling after mixed results and outlook
• Positive Sentiment: Company reported record Q4 and full‑year 2025 GAAP results and strong cash generation (large net income and cash balance), giving management flexibility for buybacks and AV investments. Lyft Reports Record Q4 and Full-Year 2025 Results
• Neutral Sentiment: Management reiterated plans to expand autonomous-vehicle deployments and launched new product initiatives (e.g., teen accounts), which are strategic positives but will take time to move revenue materially. Lyft debuts teen accounts more than two years after Uber
• Negative Sentiment: Revenue missed Wall Street estimates (Q4 revenue below consensus) and management reported active riders and total rides below expectations — a key reason for the early selloff. Lyft stock falls 15% on disappointing fourth-quarter results, rider numbers
• Negative Sentiment: Company posted an unexpected operating loss for 2025 (and costs of sales rose), highlighting margin pressure even as GAAP net income was boosted by one‑time items — investors are cautious about sustainable profitability. Lyft (LYFT) Reports Q4 Loss, Misses Revenue Estimates
• Negative Sentiment: Management’s 2026 outlook was viewed as cautious and was partly impacted by winter storms; analysts promptly revised forecasts downward, amplifying near‑term downside risk. Lyft’s stock plummets 16% as a disappointing quarter presents a setback for its comeback story

Insiders Place Their Bets

In other Lyft news, Director David Lawee sold 6,578 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $22.55, for a total value of $148,333.90. Following the completion of the transaction, the director directly owned 104,460 shares of the company’s stock, valued at $2,355,573. This represents a 5.92% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO John David Risher bought 5,030 shares of the stock in a transaction dated Wednesday, December 10th. The shares were acquired at an average price of $19.80 per share, with a total value of $99,594.00. Following the completion of the purchase, the chief executive officer directly owned 11,802,296 shares of the company’s stock, valued at approximately $233,685,460.80. This represents a 0.04% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders sold 187,443 shares of company stock valued at $4,178,618. Corporate insiders own 3.07% of the company’s stock.

Institutional Investors Weigh In On Lyft

A number of hedge funds have recently bought and sold shares of LYFT. Bogart Wealth LLC boosted its stake in shares of Lyft by 1,242.2% during the 2nd quarter. Bogart Wealth LLC now owns 2,161 shares of the ride-sharing company’s stock valued at $34,000 after buying an additional 2,000 shares during the last quarter. Quent Capital LLC acquired a new stake in Lyft in the third quarter valued at $34,000. International Assets Investment Management LLC bought a new position in Lyft during the 4th quarter valued at $40,000. Huntington National Bank boosted its stake in Lyft by 171.8% during the 4th quarter. Huntington National Bank now owns 2,174 shares of the ride-sharing company’s stock valued at $42,000 after acquiring an additional 1,374 shares during the last quarter. Finally, Abich Financial Wealth Management LLC acquired a new position in Lyft during the 3rd quarter worth $50,000. Institutional investors and hedge funds own 83.07% of the company’s stock.

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.