Lyft

LYFT · NASDAQ

$17.25+$0.26 (+1.53%)TodayMarket closed · Oct 20, 7:52 PM ET

Prev close $16.99

LYFT analyst rating

HoldConsensus of 26 analysts over the last 12 months. 19% rate it a buy.

Strong buy0
Buy5
Hold21
Underperform0
Sell0

12-month price target · 45 analysts

Average $19.65 (+13.9% upside)

Low: $13.13
Now: $17.25
High: $31.50

Upgrades and downgrades

The latest rating actions, newest first

LYFT analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Cantor Fitzgerald	Oct 19, 2026	Maintains	Neutral	$17.00 → $15.00	63%
Wells Fargo	Oct 5, 2026	Maintains	Equal-Weight	$19.00 → $17.00	55%
Guggenheim	Sep 17, 2026	Downgrade	Buy → Neutral	$22.00 → $16.00	28%
Scotiabank	Sep 9, 2026	Initiates	Sector Perform	$17.00	—
Rosenblatt	Sep 1, 2026	Initiates	Neutral	$19.00	62%
Roth Capital	Aug 10, 2026	Maintains	Buy	$23.00 → $25.00	70%
Canaccord Genuity	Aug 10, 2026	Maintains	Hold	$15.00 → $16.00	34%
UBS	Aug 7, 2026	Maintains	Neutral	$16.00 → $17.00	59%
RBC Capital	Aug 7, 2026	Maintains	Outperform	$18.00 → $20.00	54%
Piper Sandler	Aug 7, 2026	Maintains	Overweight	$20.00 → $21.00	58%

The case for and against

Updated Oct 14, 2026

Bull case

Lyft is benefiting from a clearer mix shift toward higher-value rides, partnerships, and international expansion, which is lifting gross bookings, unit economics, and margins even as total ride growth moderates. In 2Q, gross bookings rose 23% Y/Y, adjusted EBITDA increased 37% Y/Y to $177mm, active riders reached a record 30.5mm, and free cash flow was $319.6mn, signaling stronger operating leverage and earnings durability. Its expanding ecosystem, including Freenow, Gett, TBR, and about 30% of North America rideshare rides sourced through partnerships, plus AV optionality with Waymo and Flexdrive, supports a constructive long-term outlook.

Bear case

Lyft is challenged by a structurally weaker competitive position versus Uber, capturing only about 30% of U.S. rideshare spend while the larger peer benefits from superior rider and driver density, lower acquisition costs, and stronger brand leverage. The outlook is further pressured by an ongoing slowdown in gross bookings, core business Gross Bookings tracking below the company’s +15% 2024 to 2027 target, and 2027 estimates for bookings and adjusted EBITDA coming in about 1% below consensus. Although acquisitions such as Gett, Freenow, and TBR Global Chauffeuring and a $100mm advertising run rate support diversification, they do not close the scale gap, while AV competition, elevated S&M, insurance inflation, and U.S. regulatory uncertainty remain meaningful risks.

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