Lyft, Inc. (NASDAQ:LYFT – Get Free Report) CFO Erin Brewer sold 15,000 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $13.59, for a total value of $203,850.00. Following the completion of the sale, the chief financial officer directly owned 705,979 shares of the company’s stock, valued at $9,594,254.61. The trade was a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Lyft Price Performance
LYFT stock opened at $14.28 on Friday. The company has a market capitalization of $5.42 billion, a P/E ratio of 2.08, a PEG ratio of 0.84 and a beta of 1.82. Lyft, Inc. has a twelve month low of $12.46 and a twelve month high of $25.54. The business has a 50 day simple moving average of $13.95 and a 200-day simple moving average of $15.71. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.33.
Lyft (NASDAQ:LYFT – Get Free Report) last announced its earnings results on Thursday, May 7th. The ride-sharing company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.26). The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Lyft had a negative return on equity of 2.09% and a net margin of 43.82%.The business’s revenue was up 17.2% on a year-over-year basis. During the same quarter last year, the business posted $0.01 earnings per share. As a group, equities analysts anticipate that Lyft, Inc. will post 0.69 EPS for the current year.
Key Lyft News
- Positive Sentiment: Lyft partnered with BILL to boost rewards for business travelers, a move that could improve customer loyalty and help expand the company’s presence in corporate travel. Lyft partners with BILL to boost rewards for business travelers
- Positive Sentiment: Rothschild & Co Redburn upgraded Lyft to buy from neutral and set a $22 price target, signaling improved Wall Street confidence in the stock’s upside. Finviz upgrade reference
- Positive Sentiment: Lyft also unveiled its “rider graph,” a data tool aimed at improving ad targeting efficiency, which could support longer-term monetization beyond ride-hailing. Lyft unveils rider graph: A game-changer for ad targeting efficiency
- Neutral Sentiment: Coverage comparing Lyft with Uber is keeping the stock in the spotlight, but the commentary is mainly about relative valuation and long-term competitiveness rather than a direct near-term catalyst. Lyft vs. Uber Technologies: Which Ride Sharing Stock Is a Better Buy in 2026?
- Negative Sentiment: Consumer Reports and other outlets said Uber and Lyft riders can be charged meaningfully different fares for the same trip, increasing scrutiny around pricing transparency and potentially inviting regulatory backlash. Consumer Reports Investigation Reveals Uber and Lyft AI-Driven Pricing Tactics Lead to Significantly Different Prices
- Negative Sentiment: Lyft CFO Erin Brewer sold 15,000 shares in a pre-arranged 10b5-1 transaction, which may still be viewed cautiously by investors despite the routine nature of the sale. SEC filing
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Pacer Advisors Inc. boosted its holdings in Lyft by 62.2% in the 1st quarter. Pacer Advisors Inc. now owns 3,189,313 shares of the ride-sharing company’s stock valued at $42,418,000 after purchasing an additional 1,223,536 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of Lyft by 47.0% during the 1st quarter. Parallel Advisors LLC now owns 4,650 shares of the ride-sharing company’s stock worth $62,000 after buying an additional 1,487 shares in the last quarter. Centaurus Financial Inc. lifted its holdings in shares of Lyft by 16.4% in the 1st quarter. Centaurus Financial Inc. now owns 61,042 shares of the ride-sharing company’s stock valued at $812,000 after buying an additional 8,600 shares during the period. Bull Harbor Capital LLC acquired a new stake in shares of Lyft in the 1st quarter valued at approximately $160,000. Finally, Altshuler Shaham Ltd boosted its stake in shares of Lyft by 51.6% in the first quarter. Altshuler Shaham Ltd now owns 7,662,027 shares of the ride-sharing company’s stock valued at $101,905,000 after buying an additional 2,607,417 shares in the last quarter. 83.07% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on LYFT. Rothschild & Co Redburn upgraded shares of Lyft from a “neutral” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Wednesday. Roth Mkm reaffirmed a “buy” rating and set a $23.00 price objective on shares of Lyft in a research note on Friday, May 8th. Mizuho decreased their price objective on Lyft from $16.00 to $15.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Royal Bank Of Canada lowered their target price on Lyft from $22.00 to $18.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th. Finally, Canaccord Genuity Group dropped their target price on Lyft from $16.00 to $15.00 and set a “hold” rating on the stock in a report on Friday, May 8th. Twelve analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Lyft presently has an average rating of “Hold” and a consensus target price of $18.93.
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.
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