Lyft (NASDAQ:LYFT) Given New $16.00 Price Target at Mizuho

Lyft (NASDAQ:LYFT) had its target price cut by investment analysts at Mizuho from $27.00 to $16.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the ride-sharing company’s stock. Mizuho’s target price indicates a potential upside of 14.37% from the company’s current price.

A number of other equities analysts also recently commented on LYFT. Jefferies Financial Group dropped their target price on shares of Lyft from $20.00 to $15.50 and set a “hold” rating on the stock in a research note on Wednesday. Evercore ISI set a $21.00 price target on Lyft in a report on Wednesday. Morgan Stanley set a $17.00 price objective on Lyft in a research note on Wednesday. Deutsche Bank Aktiengesellschaft decreased their target price on Lyft from $25.00 to $16.00 and set a “hold” rating for the company in a research report on Wednesday. Finally, Evercore upped their target price on Lyft from $15.00 to $30.00 and gave the stock an “in-line” rating in a report on Thursday, November 6th. Ten research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $20.27.

Lyft Trading Down 17.0%

NASDAQ LYFT opened at $13.99 on Thursday. The stock has a market cap of $5.59 billion, a PE ratio of 2.05, a PEG ratio of 1.05 and a beta of 1.93. Lyft has a 12 month low of $9.66 and a 12 month high of $25.54. The company’s 50-day moving average price is $18.88 and its 200-day moving average price is $19.05. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.76.

Lyft announced that its board has approved a stock buyback program on Tuesday, February 10th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the ride-sharing company to purchase up to 15.1% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In related news, CAO Stephen W. Hope sold 4,800 shares of the company’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $22.30, for a total value of $107,040.00. Following the sale, the chief accounting officer owned 311,909 shares in the company, valued at $6,955,570.70. This represents a 1.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jill Beggs sold 1,466 shares of the stock in a transaction on Friday, November 28th. The stock was sold at an average price of $20.25, for a total transaction of $29,686.50. Following the completion of the sale, the director owned 34,278 shares in the company, valued at $694,129.50. The trade was a 4.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 187,443 shares of company stock valued at $4,178,618. Insiders own 3.07% of the company’s stock.

Hedge Funds Weigh In On Lyft

A number of large investors have recently bought and sold shares of LYFT. Caerus Investment Advisors LLC lifted its position in shares of Lyft by 10.6% during the 4th quarter. Caerus Investment Advisors LLC now owns 34,118 shares of the ride-sharing company’s stock valued at $661,000 after buying an additional 3,273 shares in the last quarter. Polen Capital Management LLC acquired a new position in Lyft during the fourth quarter worth $353,000. Empowered Funds LLC raised its position in Lyft by 5.7% during the fourth quarter. Empowered Funds LLC now owns 227,090 shares of the ride-sharing company’s stock worth $4,399,000 after acquiring an additional 12,146 shares during the period. Nicollet Investment Management Inc. purchased a new position in Lyft during the fourth quarter valued at $927,000. Finally, Illinois Municipal Retirement Fund grew its position in shares of Lyft by 18.2% in the fourth quarter. Illinois Municipal Retirement Fund now owns 382,469 shares of the ride-sharing company’s stock valued at $7,408,000 after purchasing an additional 58,942 shares during the period. Institutional investors and hedge funds own 83.07% of the company’s stock.

Key Lyft News

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Board authorized a $1.0 billion open-market share repurchase (up to ~15% of shares), which signals management thinks the stock is undervalued and can provide buy-side support. Lyft (NASDAQ:LYFT) to Repurchase $1.00 billion in Outstanding Shares
• Positive Sentiment: Company reported record Q4 and full-year 2025 results and highlighted 2026 as a transformational year (AV deployments, product expansion), giving a long-term growth narrative despite near-term weakness. Lyft Reports Record Q4 and Full-Year 2025 Results
• Neutral Sentiment: Partnerships and rewards are driving higher-value riders and business-travel activations (25% of rides tied to partners; growth in rewards program), which supports margin improvement if scaled. Lyft Draws Big Spenders With Rewards and Partnerships
• Neutral Sentiment: New product moves such as teen accounts and other consumer features expand addressable market but are not immediate revenue drivers. Lyft announces launch of teen accounts in Atlanta and other major US cities
• Negative Sentiment: Investors dumped shares after Lyft missed revenue estimates and issued softer near-term profitability guidance; multiple outlets report a >10% intraday sell-off tied to the weaker outlook. Lyft sinks on disappointing forecast and surprise revenue miss
• Negative Sentiment: Analysts cut price targets and flagged an “execution-heavy” path to Lyft’s 2027 goals — several firms lowered targets and reiterated hold/neutral views, adding selling pressure. Lyft Stock Slides 16% After Revenue Miss
• Negative Sentiment: Some investors and analysts question the buyback’s timing and magnitude (coverage, cash use) — commentary warns the program may not offset concerns about slowing ride growth and competitive pressure. Lyft’s $1.75 Billion Buyback Plan Raises Questions on Execution, Cash Use, and Investor Confidence
• Negative Sentiment: Safety incidents (multiple Lyft drivers shot and killed in Cleveland in separate attacks) create reputational and potential regulatory risk that can hurt demand or increase cost/insurance exposure. Two Lyft drivers killed in Cleveland in separate attacks 36 hours apart
• Negative Sentiment: Management’s defensive public comments as the stock falls signal a disconnect with market expectations, which may prolong volatility until guidance/metrics regain credibility. Lyft CEO Fires Back As Stock Tanks: ‘What Do They Want?’

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.