Lyft

LYFT

Market cap $5.51B

Lyft, Inc. (LYFT) Presents at Bernstein Insights: What's next in tech? - 4th Annual Tech, Media, Telecom Forum Transcript

The action comes as a new report shows the majority of miles driven by rideshare drivers are without a passenger.

Lyft (LYFT) shares have declined by 25.5% in under a month, from $17.98 on January 26, 2026, to $13.40 at present. Is this a buying opportunity?

Lyft stock saw its worst single-day crash since late 2024 post-Q4 print. The stock is now trading in the $13 neighborhood, well below its estimated fair value of $21 per share. The problem with the Q4 print was a mismatch between Lyft's reality and expectations, and now we see upside from reset expectations, European expansion, and ecosystem partnerships into 2026.

Several major companies just expanded their share repurchase authorizations, giving them fresh capacity to retire stock in 2026. In a market where buybacks matter more than ever for per-share results, that kind of firepower can provide a meaningful tailwind—especially when growth is uneven, and investors are scrutinizing capital allocation.

LYFT or UBER after Q4? Earnings misses hit both, but valuation, buybacks and price performance may tilt the scales toward one ride-hailing stock.

Lyft remains a Strong Buy, given the company's integration of AVs and its significant advantage over others through its fleet management platform. Lyft is establishing a presence in Europe through its acquisition of FREENOW, which should help the firm navigate the strict regulatory environment across the continent when deploying AVs. The company saw strong growth in gross bookings, and FCF topped $1 billion for the first time in the firm's history.

SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) announced today that Erin Brewer, Chief Financial Officer, will participate in a fireside chat at the Bernstein Insights: What's Next in Tech? 4th Annual TMT Forum in Palo Alto, CA, on Thursday, February 26, 2026 at 11:00 a.m. PT. A live webcast of the event will be available on the investor relations section of the Lyft website at http://investor.Lyft.com. About Lyft Whether it's an everyday commute or a journey that changes everything,.

Lyft trades at a steep discount to Uber, despite narrowing operational gaps and improving gross margins over the past decade. UBER commands a significant valuation premium due to superior EBIT margins (~10.7% vs. LYFT's -2.7%) and greater scale, though both face commoditized market dynamics. LYFT's path to re-rating hinges on achieving profitability through further cost discipline or aggressive market share gains, but risks of structural disadvantage remain.

LYFT posts Q4 loss, revenue miss despite record rides and rising bookings, while guiding for up to 20% gross bookings growth in Q1. EBITDA jumps 37%.