LyftLYFT
LYFT
About: Lyft is the second-largest ride-sharing service provider in the us and Canada, connecting riders and drivers over the Lyft app. Incorporated in 2013 and public since 2019, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft has entered the bike- and scooter-share market to bring multimodal transportation options to users.
Employees: 2,934
0
Funds holding %
of 7,407 funds
0
Analysts bullish %
of 16 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
49% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 68
47% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 113
26% more call options, than puts
Call options by funds: $431M | Put options by funds: $343M
14% more capital invested
Capital invested by funds: $4.03B [Q3] → $4.58B (+$547M) [Q4]
8.59% more ownership
Funds ownership: 78.71% [Q3] → 87.3% (+8.59%) [Q4]
6% more funds holding
Funds holding: 421 [Q3] → 446 (+25) [Q4]
50% less funds holding in top 10
Funds holding in top 10: 6 [Q3] → 3 (-3) [Q4]
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$13
16%
upside
Avg. target
$16.22
45%
upside
High target
$21
88%
upside
16 analyst ratings
4 positive
25%
12 neutral
75%
0 negative
0%
Morgan Stanley Brian Nowak 53% 1-year accuracy 20 / 38 met price target | 34%upside $15 | Equal-Weight Maintained | 17 Apr 2025 |
DA Davidson Tom White 23% 1-year accuracy 7 / 30 met price target | 34%upside $15 | Neutral Maintained | 16 Apr 2025 |
JP Morgan Doug Anmuth 65% 1-year accuracy 34 / 52 met price target | 25%upside $14 | Neutral Maintained | 8 Apr 2025 |
Wells Fargo Ken Gawrelski 48% 1-year accuracy 25 / 52 met price target | 16%upside $13 | Equal-Weight Maintained | 3 Apr 2025 |
Loop Capital Rob Sanderson 53% 1-year accuracy 31 / 59 met price target | 79%upside $20 | Buy Maintained | 18 Mar 2025 |
Financial journalist opinion
Based on 28 articles about LYFT published over the past 30 days
Neutral
Invezz
1 day ago
FreeNow acquisition, analyst optimism support Lyft's long-term outlook, though competition threats loom
Lyft is positioning itself for a larger role in the global rideshare market, even as analysts remain divided on its near-term outlook amid rising competition and macroeconomic uncertainty. A new strategic acquisition, coupled with growing ridership and improving margins, underscores the company's ambition to rebound from a turbulent few years.
Positive
Bloomberg Technology
1 day ago
Lyft Buys Into Europe
Lyft CEO David Risher details their expansion into Europe, announcing a nearly $200M deal to purchase FreeNow. He joins Ed Ludlow on "Bloomberg Technology" to discuss.
Positive
Yahoo Finance
1 day ago
Lyft goes global, tariff impact on autos
Catalysts host Madison Mills takes a look at some of the top stories of April 16, 2025. Lyft CEO David Risher joins the show to discuss the company going international.
Positive
PYMNTS
1 day ago
Lyft Pays $197 Million to Pick Up German Taxi App FreeNow
Lyft is expanding into Europe with its $197 million purchase of taxi app FreeNow. The deal, announced Wednesday (April 16), will see Lyft acquire the Germany-based company from BMW and Mercedes-Benz Mobility.
Positive
Yahoo Finance
1 day ago
Lyft CEO: Now's the time for us to go global
Lyft (LYFT) is making its biggest international move yet with its purchase of European taxi app FREENOW in a $200 million deal that opens the company to over 150 cities across nine countries. Lyft CEO David Risher joins Catalysts host Madison Mills to explain why now is the right time to take the company global.
Positive
Proactive Investors
1 day ago
Lyft enters Europe with FREENOW acquisition
Lyft Inc (NASDAQ:LYFT) on Wednesday announced it is acquiring the European multi-mobility app FREENOW from BMW Group and Mercedes-Benz Mobility for €175 million (US$197) million in cash. The acquisition marks Lyft's largest move beyond North America, expanding its presence to nine European countries and more than 150 cities.
Positive
Investors Business Daily
1 day ago
Lyft Stock Gains As FreeNow Deal Will Expand Ride-Hail Company To Europe
Lyft stock gained on news the ride-hail company is expanding to Europe through a deal to buy taxi app FreeNow.
Positive
TechCrunch
1 day ago
Lyft to buy taxi app FREENOW for $197M to enter Europe
Ride-hailing giant Lyft said it has agreed to acquire FREENOW, a German multi-mobility app with ride-hail at its core, from BMW and Mercedes-Benz Mobility for about $197 million in cash.
Positive
Schaeffers Research
1 day ago
Lyft Stock Rises on Acquisition News
LYFT Inc (NYSE:LYFT) stock was last seen 1.7% higher premarket, after announcing its first European acquisition -- a $199 million deal to purchase Hamburg-based ride-hailing platform FreeNow from BMW and Mercedes-Benz.
Negative
Reuters
1 day ago
Lyft investor Engine Capital to name board nominees in start to proxy battle
Activist investor Engine Capital is gearing up for a proxy battle at Lyft , as it prepares to nominate two directors to the board of the ride-hailing company.
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