Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company operates multimodal transportation networks that offer riders personalized and on-demand access to various mobility options. It provides Ridesharing Marketplace, which connects drivers with riders; Express Drive, a flexible car rentals program for drivers; Lyft Rentals that provides vehicles for long-distance trips; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips. The company also integrates third-party public transit data into the Lyft app to offer riders various transportation options. In addition, it offers autonomous vehicles; concierge for organizations; Lyft Pass that allows organizations to create custom transportation programs; enterprise programs, including monthly ride credits for daily commutes, supplementing public transit by providing rides for the first and last leg of commute trips, late-night rides home, and shuttle replacement rides; and transportation solutions that can be customized for events, such as recruiting events, conferences, celebrations, meetings, and company retreats. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in April 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
IPO Year: 2019
Exchange: NASDAQ
Website: lyft.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/6/2025 | $20.00 | Hold → Buy | The Benchmark Company |
| 10/25/2024 | Hold | The Benchmark Company | |
| 9/24/2024 | Mkt Perform | Raymond James | |
| 9/5/2024 | $13.00 | Neutral | Cantor Fitzgerald |
| 8/23/2024 | Reduce → Neutral | Nomura | |
| 7/22/2024 | $15.00 | Hold | Melius |
| 7/16/2024 | Peer Perform | Wolfe Research | |
| 6/7/2024 | Equal Weight → Overweight | Fox Advisors | |
| 6/7/2024 | $20.00 | Hold → Buy | Loop Capital |
| 6/7/2024 | $17.00 → $20.00 | Hold → Buy | Gordon Haskett |
4 - Lyft, Inc. (0001759509) (Issuer)
4 - Lyft, Inc. (0001759509) (Issuer)
4 - Lyft, Inc. (0001759509) (Issuer)
4 - Lyft, Inc. (0001759509) (Issuer)
4 - Lyft, Inc. (0001759509) (Issuer)
4 - Lyft, Inc. (0001759509) (Issuer)
4 - Lyft, Inc. (0001759509) (Issuer)
4 - Lyft, Inc. (0001759509) (Issuer)
4 - Lyft, Inc. (0001759509) (Issuer)
4 - Lyft, Inc. (0001759509) (Issuer)
The Benchmark Company upgraded Lyft from Hold to Buy and set a new price target of $20.00
The Benchmark Company initiated coverage of Lyft with a rating of Hold
Raymond James resumed coverage of Lyft with a rating of Mkt Perform
Cantor Fitzgerald initiated coverage of Lyft with a rating of Neutral and set a new price target of $13.00
Nomura upgraded Lyft from Reduce to Neutral
Melius initiated coverage of Lyft with a rating of Hold and set a new price target of $15.00
Wolfe Research initiated coverage of Lyft with a rating of Peer Perform
Fox Advisors upgraded Lyft from Equal Weight to Overweight
Loop Capital upgraded Lyft from Hold to Buy and set a new price target of $20.00
Gordon Haskett upgraded Lyft from Hold to Buy and set a new price target of $20.00 from $17.00 previously
Lyft, Inc. (NASDAQ:LYFT) announced today that Erin Brewer, Chief Financial Officer, will participate in a fireside chat at the Barclays Annual Global Technology Conference on Wednesday, December 11, 2024 in San Francisco, CA at 11:35 a.m. Pacific Time. 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 is driven by our purpose: to serve and connect. In 2012, Lyft was founded as one of the first ridesharing communities in the United States. Now, millions of drivers have chosen to earn on billions of rides. Lyft offers rides
Lyft, Inc. (NASDAQ:LYFT) announced today that Erin Brewer, Chief Financial Officer, will participate in a fireside chat at the RBC Capital Markets Global Technology, Internet, Media and Telecommunications (TIMT) Conference on Tuesday, November 19, 2024 in New York, NY at 2:40 p.m. Eastern Time. 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 is driven by our purpose: to serve and connect. In 2012, Lyft was founded as one of the first ridesharing communities in the United States. Now, millions of drivers have chosen to e
Active Riders and Rides reached new all-time highs Gross Bookings grew 16% year-over-year Lyft, Inc. (NASDAQ:LYFT) today announced financial results for the third quarter ended September 30, 2024. "Our team delivered one of the strongest quarters in Lyft history, following the many new innovations we've brought to drivers and riders so far this year," said CEO David Risher. "Going forward, our work with best-of-breed partners and the autonomous future we're building will give people even more reasons to choose Lyft every time." "Operational excellence underpins the health of our marketplace and remains a long-term driver of our business," said CFO Erin Brewer. "In Q3, we delivered across
NEW YORK, Nov. 6, 2024 /PRNewswire/ -- Nexar, a leader in AI-powered mobility solutions, and Lyft (NASDAQ:LYFT), one of North America's largest transportation networks, today announced plans to partner, leveraging Nexar's vast cutting-edge video telematics to create data-driven solutions that accelerate the deployment of AV technologies. "Nexar's collaboration with Lyft is a pivotal moment in our journey to accelerate the future of autonomous driving," said Eran Shir, Chief Product Officer and Co-Founder of Nexar. "By combining Nexar's unparalleled video data capabilities with Lyft's vast rideshare network, we are setting a new standard for AV training and real-world driving insights." This
Lyft to join forces with Mobileye, May Mobility, and Nexar to connect riders to AVs Lyft, Inc. (NASDAQ:LYFT), one of North America's largest transportation networks, announced plans for multiple autonomous vehicle (AV) partnerships to connect the Lyft community with future AV rides in the Lyft app. Today, Lyft is announcing its next step in delivering AVs to millions of people. Lyft and Mobileye, a leader in self-driving tech and advanced driver assistance systems (ADAS) plan to bring AVs to the Lyft network. Through this partnership, Lyft will make its scaled rideshare platform available to all vehicles with Mobileye's self-driving technology. Vehicles equipped with Mobileye Drive techno
Lyft, Inc. (NASDAQ:LYFT), one of the largest transportation networks in North America, and Mobileye (NASDAQ:MBLY), a leading provider of self-driving technology and advanced driver assistance systems (ADAS), announced today plans for an alliance that aims to facilitate the widespread commercialization of autonomous vehicles' services by industry-leading fleet operators. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241106840555/en/Lyft and Mobileye logos. (Graphic: Business Wire) Using the latest advancements in AI for autonomy, Mobileye provides AV technology to an ecosystem of purpose-built vehicle manufacturers, who integrate
DashPass membership now includes discounted Lyft rides and free Priority Pickup upgrades Lyft riders to receive free 3-month DashPass trial DoorDash (NASDAQ:DASH) and Lyft (NASDAQ:LYFT) today announced a partnership to offer benefits on both rides and local delivery. DashPass members will unlock monthly rideshare benefits at no additional cost, and eligible Lyft riders will receive a free trial of DashPass. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241030317887/en/DoorDash and Lyft are partnering to offer benefits on both rides and local delivery for DashPass members and eligible Lyft riders. (Photo: Business Wire) Startin
Lyft, Inc. (NASDAQ:LYFT) (the "Company" or "Lyft") will release financial results for the third quarter of 2024 after the close of the market on Wednesday, November 6, 2024. On the same day, Lyft will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to the live audio webcast, please visit the Company's Investor Relations page at https://investor.lyft.com/. The archived webcast will be available on the Company's Investor Relations page shortly after the call. Lyft announces material information to the public about the Company, its products and services and other matters through a variety of mean
Multi-year collaboration continues to support mobility sector GLENDALE, Ariz., Oct. 1, 2024 /PRNewswire/ -- The Mobilitas Insurance Companies, providers of commercial insurance for the unique and emerging demands of the sharing economy and mobility sector, announced that Lyft has renewed its partnership for ridesharing commercial insurance coverage in 23 states, effective October 1, 2024. "Mobilitas remains focused on serving the commercial insurance needs of the mobility sector, and it is our privilege to continue partnering with Lyft to effectively manage the business risks
Smartcar, the leading API platform for mobility businesses, today announced a partnership with Lyft, one of the largest transportation networks in North America, to tackle range anxiety and help EV drivers accept rides with confidence. Lyft's ‘Rides in Range' feature ensures EV drivers only receive ride requests within their current battery range. It's now available for EV drivers on the platform with a 20-mile buffer on an EV's battery range to accommodate different driving styles or route obstacles. With EV battery level data retrieved via Smartcar, Rides in Range can also alert drivers to charge after completing a trip if their battery level is expected to fall below 20 percent. By com
4 - Lyft, Inc. (0001759509) (Issuer)
4 - Lyft, Inc. (0001759509) (Issuer)
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Lyft, Inc. (NASDAQ:LYFT) (the "Company" or "Lyft") will release financial results for the third quarter of 2024 after the close of the market on Wednesday, November 6, 2024. On the same day, Lyft will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to the live audio webcast, please visit the Company's Investor Relations page at https://investor.lyft.com/. The archived webcast will be available on the Company's Investor Relations page shortly after the call. Lyft announces material information to the public about the Company, its products and services and other matters through a variety of mean
Lyft, Inc. (NASDAQ:LYFT) (the "Company" or "Lyft") will release financial results for the second quarter of 2024 before the open of the market on Wednesday, August 7, 2024. On the same day, Lyft will host a conference call at 5:15 a.m. Pacific Time (8:15 a.m. Eastern Time) to discuss these financial results and business highlights. To listen to the live audio webcast, please visit the Company's Investor Relations page at https://investor.lyft.com/. The archived webcast will be available on the Company's Investor Relations page shortly after the call. Lyft announces material information to the public about the Company, its products and services and other matters through a variety of me
Lyft, Inc. (NASDAQ:LYFT) (the "Company" or "Lyft") will release financial results for the first quarter of 2024 after the close of the market on Tuesday, May 7, 2024. On the same day, Lyft will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to the live audio webcast, please visit the Company's Investor Relations page at https://investor.lyft.com/. The archived webcast will be available on the Company's Investor Relations page shortly after the call. Lyft announces material information to the public about the Company, its products and services and other matters through a variety of means, i
Lyft, Inc. (NASDAQ:LYFT) (the "Company" or "Lyft") will release financial results for the fourth quarter and full-year 2023 after the close of the market on Tuesday, February 13, 2024. On the same day, Lyft will host a conference call at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please visit the Company's Investor Relations page at https://investor.lyft.com/. The archived webcast will be available on the Company's Investor Relations page shortly after the call. Lyft announces material information to the public about the Company, its products and services and other matters through a var
Lyft, Inc. (NASDAQ:LYFT) (the "Company" or "Lyft") will release financial results for the third fiscal quarter of 2023 after the close of the market on Wednesday, November 8, 2023. On the same day, Lyft will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please visit the Company's Investor Relations page at https://investor.lyft.com/. The archived webcast will be available on the Company's Investor Relations page shortly after the call. Lyft announces material information to the public about the Company, its products and services and other matters through a variety
Lyft, Inc. (NASDAQ:LYFT) (the "Company" or "Lyft") will release financial results for the second fiscal quarter of 2023 after the close of the market on Tuesday, August 8, 2023. On the same day, Lyft will host a conference call at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please visit the Company's Investor Relations page at https://investor.lyft.com/. The archived webcast will be available on the Company's Investor Relations page shortly after the call. Lyft announces material information to the public about the Company, its products and services and other matters through a variety of
Lyft, Inc. (NASDAQ:LYFT) (the "Company" or "Lyft") will release financial results for the first fiscal quarter of 2023 after the close of the market on Thursday, May 4, 2023. On the same day, Lyft will host a conference call at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please visit the Company's Investor Relations page at https://investor.lyft.com/. The archived webcast will be available on the Company's Investor Relations page shortly after the call. Lyft announces material information to the public about the Company, its products and services and other matters through a variety of me
Lyft, Inc. (NASDAQ:LYFT) (the "Company" or "Lyft") will release financial results for the fourth fiscal quarter of 2022 after the close of the market on Thursday, February 9, 2023. On the same day, Lyft will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please visit the Company's Investor Relations page at https://investor.lyft.com/. The archived webcast will be available on the Company's Investor Relations page shortly after the call. Lyft announces material information to the public about the Company, its products and services and other matters through a variety of
Lyft, Inc. (NASDAQ:LYFT) (the "Company" or "Lyft") will release financial results for the third fiscal quarter of 2022 after the close of the market on Monday, November 7, 2022. On the same day, Lyft will host a conference call at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please visit the Company's Investor Relations page at https://investor.lyft.com/. The archived webcast will be available on the Company's Investor Relations page shortly after the call. Lyft announces material information to the public about the Company, its products and services and other matters through a variety of me
Lyft, Inc. (NASDAQ:LYFT) (the "Company" or "Lyft") will release financial results for the second fiscal quarter of 2022 after the close of the market on Thursday, August 4, 2022. On the same day, Lyft will host a conference call at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to a live audio webcast, please visit the Company's Investor Relations page at https://investor.lyft.com/. The archived webcast will be available on the Company's Investor Relations page shortly after the call. Lyft announces material information to the public about the Company, its products and services and other matters through a variety of m
Active Riders and Rides reached new all-time highs Gross Bookings grew 16% year-over-year Lyft, Inc. (NASDAQ:LYFT) today announced financial results for the third quarter ended September 30, 2024. "Our team delivered one of the strongest quarters in Lyft history, following the many new innovations we've brought to drivers and riders so far this year," said CEO David Risher. "Going forward, our work with best-of-breed partners and the autonomous future we're building will give people even more reasons to choose Lyft every time." "Operational excellence underpins the health of our marketplace and remains a long-term driver of our business," said CFO Erin Brewer. "In Q3, we delivered across
Lyft to join forces with Mobileye, May Mobility, and Nexar to connect riders to AVs Lyft, Inc. (NASDAQ:LYFT), one of North America's largest transportation networks, announced plans for multiple autonomous vehicle (AV) partnerships to connect the Lyft community with future AV rides in the Lyft app. Today, Lyft is announcing its next step in delivering AVs to millions of people. Lyft and Mobileye, a leader in self-driving tech and advanced driver assistance systems (ADAS) plan to bring AVs to the Lyft network. Through this partnership, Lyft will make its scaled rideshare platform available to all vehicles with Mobileye's self-driving technology. Vehicles equipped with Mobileye Drive techno
Subramanian joins the leading food for work technology company in the US, bringing more than 20 years of experience at high-growth companies ezCater, the leading food for work technology company in the US, today announced it has named Kaushik Subramanian as Chief Revenue Officer, effective June 3, 2024. Subramanian is a seasoned technology executive with over 20 years of business management experience at high-growth companies and marketplaces, including Lyft, Inc. (NASDAQ:LYFT), Amazon.com, Inc. (NASDAQ:AMZN), and Visa, Inc. (NYSE:V). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240603123872/en/ezCater, the leading food for