Lyft (NASDAQ:LYFT) Price Target Raised to $15.50

Posted by Brenda Bartman on Jul 14th, 2026

Lyft (NASDAQ:LYFT – Get Free Report) had its price target increased by equities researchers at Jefferies Financial Group from $15.00 to $15.50 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has a “hold” rating on the ride-sharing company’s stock. Jefferies Financial Group’s price objective points to a potential downside of 1.08% from the stock’s previous close.

A number of other research analysts have also weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Lyft in a research report on Wednesday, May 6th. Sanford C. Bernstein initiated coverage on shares of Lyft in a research report on Wednesday, June 17th. They issued an “underperform” rating for the company. Tigress Financial reaffirmed a “buy” rating and issued a $28.00 price objective on shares of Lyft in a research report on Wednesday, June 24th. Morgan Stanley upgraded shares of Lyft from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, June 17th. Finally, Canaccord Genuity Group dropped their target price on shares of Lyft from $16.00 to $15.00 and set a “hold” rating on the stock in a research report on Friday, May 8th. Thirteen investment analysts have rated the stock with a Buy rating, twenty have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $19.40.

View Our Latest Analysis on LYFT

Lyft Trading Up 0.4%

NASDAQ LYFT opened at $15.67 on Tuesday. The firm has a market capitalization of $5.95 billion, a P/E ratio of 2.29, a PEG ratio of 0.93 and a beta of 1.80. The business has a fifty day simple moving average of $14.21 and a 200 day simple moving average of $15.01. Lyft has a 12 month low of $12.46 and a 12 month high of $25.54. 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 posted its quarterly earnings data 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 firm 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%.Lyft’s revenue was up 17.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.01 earnings per share. On average, analysts predict that Lyft will post 0.69 EPS for the current fiscal year.

Insider Transactions at Lyft

In related news, insider Lindsay Catherine Llewellyn sold 23,661 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $15.00, for a total value of $354,915.00. Following the transaction, the insider owned 916,022 shares in the company, valued at approximately $13,740,330. This represents a 2.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jill Beggs sold 2,093 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $13.76, for a total value of $28,799.68. Following the transaction, the director directly owned 30,092 shares of the company’s stock, valued at approximately $414,065.92. This trade represents a 6.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 69,196 shares of company stock worth $992,371 in the last ninety days. Company insiders own 0.92% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in LYFT. Norges Bank purchased a new stake in Lyft in the 4th quarter worth about $109,987,000. Swedbank AB purchased a new stake in Lyft during the fourth quarter valued at about $108,472,000. Contour Asset Management LLC bought a new position in Lyft during the fourth quarter worth about $75,870,000. Principal Financial Group Inc. boosted its position in Lyft by 250.0% during 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 purchasing an additional 3,033,333 shares during the period. Finally, Altshuler Shaham Ltd boosted its position in Lyft by 51.6% during the first quarter. Altshuler Shaham Ltd now owns 7,662,027 shares of the ride-sharing company’s stock worth $101,905,000 after purchasing an additional 2,607,417 shares during the period. Institutional investors own 83.07% of the company’s stock.

About Lyft

(Get Free Report)

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.