Lyft (NASDAQ:LYFT) Price Target Lowered to $19.00 at DA Davidson

Lyft (NASDAQ:LYFT) had its target price lowered by DA Davidson from $22.00 to $19.00 in a report released on Wednesday morning, Marketbeat.com reports. DA Davidson currently has a neutral rating on the ride-sharing company’s stock.

Other equities research analysts have also issued reports about the stock. Mizuho boosted their price objective on shares of Lyft from $24.00 to $27.00 and gave the stock a “neutral” rating in a report on Wednesday, November 12th. Barclays lowered their target price on Lyft from $27.00 to $20.00 and set an “equal weight” rating for the company in a research note on Wednesday. Wall Street Zen cut shares of Lyft from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Needham & Company LLC reaffirmed a “hold” rating on shares of Lyft in a report on Wednesday. Finally, Wells Fargo & Company decreased their price target on shares of Lyft from $26.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Ten equities research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Lyft has a consensus rating of “Hold” and a consensus price target of $20.27.

Lyft Price Performance

LYFT stock traded down $0.85 during midday trading on Wednesday, reaching $13.14. The company had a trading volume of 7,875,578 shares, compared to its average volume of 15,776,974. Lyft has a 1 year low of $9.66 and a 1 year high of $25.54. The firm has a 50-day moving average price of $18.88 and a 200-day moving average price of $19.05. The company has a market capitalization of $5.25 billion, a P/E ratio of 1.93, a P/E/G ratio of 1.05 and a beta of 1.93. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.72 and a quick ratio of 0.72.

Lyft announced that its Board of Directors has initiated a stock buyback plan on Tuesday, February 10th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the ride-sharing company to reacquire up to 15.1% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling at Lyft

In related news, Director Jill Beggs sold 1,466 shares of the business’s stock in a transaction on Friday, November 28th. The shares were sold at an average price of $20.25, for a total transaction of $29,686.50. Following the completion of the transaction, the director owned 34,278 shares in the company, valued at approximately $694,129.50. The trade was a 4.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director David Lawee sold 6,578 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $22.55, for a total value of $148,333.90. Following the sale, the director owned 104,460 shares of the company’s stock, valued at approximately $2,355,573. The trade was a 5.92% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 187,443 shares of company stock worth $4,178,618. Insiders own 3.07% of the company’s stock.

Institutional Investors Weigh In On Lyft

Several large investors have recently modified their holdings of the company. AQR Capital Management LLC lifted its stake in shares of Lyft by 7.4% during the 3rd quarter. AQR Capital Management LLC now owns 25,783,363 shares of the ride-sharing company’s stock worth $567,492,000 after purchasing an additional 1,773,438 shares during the period. Geode Capital Management LLC increased its position in shares of Lyft by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 6,633,591 shares of the ride-sharing company’s stock worth $104,561,000 after purchasing an additional 20,354 shares during the last quarter. Norges Bank bought a new position in shares of Lyft during the fourth quarter worth about $109,987,000. Swedbank AB acquired a new position in Lyft in the fourth quarter worth about $108,472,000. Finally, Marshall Wace LLP increased its holdings in Lyft by 75.7% in the second quarter. Marshall Wace LLP now owns 5,464,934 shares of the ride-sharing company’s stock valued at $86,127,000 after buying an additional 2,353,769 shares during the last quarter. 83.07% of the stock is owned by institutional investors and hedge funds.

More Lyft News

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Board-authorized $1.0 billion share repurchase (up to ~15% of shares) signals management believes the stock is undervalued; buyback can support EPS and buyback-driven demand. RTT News: Stock Buybacks
• Positive Sentiment: Company reported record Q4 and full‑year 2025 financial results (CEO emphasizes transformational 2026 and AV deployments) — a fundamental positive amid the selloff. BusinessWire: Record Q4 and FY2025 Results
• Neutral Sentiment: Q4 presentation highlighted partnerships and rewards driving higher‑value riders and business travel activations — supports longer‑term monetization but is not an immediate offset to the guidance miss. PYMNTS: Rewards & Partnerships
• Neutral Sentiment: Management pushed back publicly on market reaction (CEO defended results and demand), which may calm some investors but hasn’t erased concerns over the guidance gap. MSN: CEO Fires Back
• Negative Sentiment: Revenue missed expectations and the company issued softer near‑term profitability guidance — the core driver of the pullback as analysts question whether Lyft can hit its 2027 targets. CNBC: Q4 Results & Guidance
• Negative Sentiment: Multiple analyst price‑target cuts and hold/equal‑weight reiterations followed the print (examples: Mizuho, Jefferies, Deutsche Bank, Wells Fargo, Barclays, Truist), increasing selling pressure and reducing near‑term analyst support. Benzinga: Analyst Reaction & PT Cuts
• Negative Sentiment: Market skepticism about the buyback and execution risk: commentary flagged concerns over cash use, execution of repurchases, and whether buybacks mask structural growth issues. TipRanks: Buyback Raises Questions
• Negative Sentiment: Reputational/safety headlines after two drivers were killed in Cleveland within ~36 hours create operational and policy risk concerns that can weigh on sentiment and regulatory scrutiny. MSN: Driver Fatalities in Cleveland

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.