Lyft (LYFT) Projected to Post Earnings on Thursday

Lyft (NASDAQ:LYFT) will likely be releasing its Q1 2026 results after the market closes on Thursday, May 7th. Analysts expect Lyft to post earnings of $0.30 per share and revenue of $1.6328 billion for the quarter. Interested persons may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, May 7, 2026 at 5:00 PM ET.

Lyft Stock Up 0.9%

Shares of LYFT stock traded up $0.13 on Tuesday, hitting $14.19. The stock had a trading volume of 6,736,227 shares, compared to its average volume of 16,063,817. The business has a 50 day moving average of $13.66 and a 200 day moving average of $17.35. The stock has a market cap of $5.65 billion, a price-to-earnings ratio of 2.07, a price-to-earnings-growth ratio of 0.88 and a beta of 1.84. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.65 and a quick ratio of 0.65. Lyft has a 12-month low of $12.31 and a 12-month high of $25.54.

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

Analysts Set New Price Targets

Several analysts have recently commented on LYFT shares. Jefferies Financial Group lowered their target price on shares of Lyft from $20.00 to $15.50 and set a “hold” rating for the company in a report on Wednesday, February 11th. Wells Fargo & Company lowered their target price 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. DA Davidson lowered their target price on shares of Lyft from $22.00 to $19.00 and set a “neutral” rating for the company in a report on Wednesday, February 11th. Canaccord Genuity Group reduced their price target on shares of Lyft from $19.00 to $16.00 and set a “hold” rating for the company in a research report on Wednesday, February 11th. Finally, Barclays reduced their price target on shares of Lyft from $27.00 to $20.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 11th. Nine equities research analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $19.55.

Insider Activity at Lyft

In other news, CAO Stephen W. Hope sold 5,284 shares of the business’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 value of $73,077.72. Following the sale, the chief accounting officer owned 300,570 shares of the company’s stock, valued at $4,156,883.10. The trade was a 1.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Jill Beggs sold 2,093 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $13.89, for a total transaction of $29,071.77. Following the completion of the transaction, the director directly owned 32,185 shares of the company’s stock, valued at approximately $447,049.65. This trade represents a 6.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 54,699 shares of company stock worth $771,756. 0.92% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Brown Brothers Harriman & Co. boosted its holdings in Lyft by 23.2% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 3,399 shares of the ride-sharing company’s stock worth $75,000 after buying an additional 639 shares during the period. Public Employees Retirement System of Ohio boosted its holdings in Lyft by 0.5% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 167,399 shares of the ride-sharing company’s stock worth $3,684,000 after buying an additional 771 shares during the period. Neuberger Berman Group LLC boosted its holdings in Lyft by 3.1% in the 4th quarter. Neuberger Berman Group LLC now owns 28,857 shares of the ride-sharing company’s stock worth $559,000 after buying an additional 874 shares during the period. Main Street Financial Solutions LLC boosted its holdings in Lyft by 3.8% in the 2nd quarter. Main Street Financial Solutions LLC now owns 24,688 shares of the ride-sharing company’s stock worth $389,000 after buying an additional 909 shares during the period. Finally, Quarry LP boosted its holdings in Lyft by 62.8% in the 3rd quarter. Quarry LP now owns 3,227 shares of the ride-sharing company’s stock worth $71,000 after buying an additional 1,245 shares during the period. 83.07% of the stock is owned by institutional investors.

Lyft Company Profile

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.