Lyft, Inc. (NASDAQ:LYFT) Receives Average Recommendation of “Hold” from Brokerages

Lyft, Inc. (NASDAQ:LYFT) has been assigned a consensus rating of “Hold” from the thirty-four ratings firms that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell rating, twenty-two have issued a hold rating and nine have issued a buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $19.1333.

Several equities analysts recently issued reports on the stock. Cantor Fitzgerald reduced their price objective on shares of Lyft from $21.00 to $14.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Lyft from $25.00 to $16.00 and set a “hold” rating on the stock in a research note on Wednesday, February 11th. Susquehanna reaffirmed a “neutral” rating and set a $15.00 price target on shares of Lyft in a research note on Thursday, February 12th. Evercore set a $21.00 price target on shares of Lyft in a research note on Wednesday, February 11th. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Lyft in a research note on Wednesday, February 11th.

Insiders Place Their Bets

In other Lyft news, insider Lindsay Catherine Llewellyn sold 23,661 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $13.30, for a total transaction of $314,691.30. Following the transaction, the insider owned 696,850 shares of the company’s stock, valued at $9,268,105. This trade represents a 3.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Stephen W. Hope sold 5,284 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $13.83, for a total transaction of $73,077.72. Following the transaction, the chief accounting officer directly owned 300,570 shares in the company, valued at approximately $4,156,883.10. This represents a 1.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 54,699 shares of company stock valued at $771,756 over the last quarter. Company insiders own 0.92% of the company’s stock.

Hedge Funds Weigh In On Lyft

Large investors have recently bought and sold shares of the stock. Norges Bank acquired a new stake in shares of Lyft in the fourth quarter worth $109,987,000. Swedbank AB acquired a new stake in shares of Lyft in the fourth quarter worth $108,472,000. Contour Asset Management LLC acquired a new stake in shares of Lyft in the fourth quarter worth $75,870,000. Principal Financial Group Inc. increased its position in shares of Lyft by 250.0% in 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 acquiring an additional 3,033,333 shares in the last quarter. Finally, Victory Capital Management Inc. increased its position in shares of Lyft by 479.1% in the third quarter. Victory Capital Management Inc. now owns 3,580,564 shares of the ride-sharing company’s stock worth $78,808,000 after acquiring an additional 2,962,266 shares in the last quarter. Hedge funds and other institutional investors own 83.07% of the company’s stock.

Lyft Stock Performance

Shares of LYFT opened at $13.18 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.58 and a current ratio of 0.58. The company has a market capitalization of $5.00 billion, a price-to-earnings ratio of 1.92, a PEG ratio of 0.83 and a beta of 1.84. The company’s 50 day simple moving average is $13.69 and its 200 day simple moving average is $16.85. Lyft has a 1 year low of $12.46 and a 1 year high of $25.54.

Lyft (NASDAQ:LYFT) last announced its quarterly earnings data on Thursday, May 7th. The ride-sharing company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.26). The firm had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Lyft had a net margin of 43.82% and a negative return on equity of 2.09%. The business’s quarterly revenue was up 17.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.01 EPS. On average, sell-side analysts predict that Lyft will post 0.66 EPS for the current year.

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

Lyft News Roundup

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Lyft’s Q1 2026 results showed continued operating momentum, including 17% year-over-year active rider growth to 28.3 million, gross bookings of $4.9 billion, and revenue growth of 14% to about $1.7 billion. Management also highlighted expanding corporate partnerships, which now account for nearly 27% of North American rides, and progress on autonomous vehicle initiatives and UK expansion. Article: Lyft (LYFT) Is Down 5.0% After Strong Q1 Rider Growth And UK Push Has The Bull Case Changed?
• Positive Sentiment: Unusual call option buying suggests some traders are positioning for a rebound, with call volume running above average. This can indicate speculative bullish interest in Lyft shares.
• Positive Sentiment: Lyft and May Mobility launched an autonomous vehicle service in Atlanta, reinforcing the company’s push into autonomous mobility and potentially improving the long-term growth narrative. Article: Lyft, May Mobility launch autonomous vehicle service in Atlanta
• Positive Sentiment: Analyst and hedge-fund commentary has also leaned constructive, with several notes citing Lyft as a relatively inexpensive tech stock after its Q1 report and improved fundamentals. Article: Here is why Lyft (LYFT) is One of the Best Low Priced Tech Stocks to Buy According to Hedge Funds
• Neutral Sentiment: DA Davidson cut its price target on Lyft from $19.00 to $14.50 while keeping a neutral rating, signaling caution rather than a strong bearish call. Article: Benzinga report on Lyft price target cut
• Neutral Sentiment: A comparison piece with Uber highlighted stronger post-earnings momentum at Uber, which may be dampening relative sentiment toward Lyft by contrast. Article: UBER vs. LYFT: Which Stock Is Better Positioned Post Q1 Results?

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.