Lyft Board Member Ariel Cohen Resigns Amid Changes

Lyft ( (LYFT) ) just unveiled an announcement.

On May 22, 2025, Ariel Cohen resigned from Lyft‘s board of directors due to other professional commitments, not due to disagreements with the company. His departure is acknowledged with gratitude by Lyft’s CEO, who praised Cohen’s contributions and expertise in the travel sector. The board plans to reduce its size from ten to nine members.

The most recent analyst rating on (LYFT) stock is a Hold with a $20.00 price target. To see the full list of analyst forecasts on Lyft stock, see the LYFT Stock Forecast page.

Spark’s Take on LYFT Stock

According to Spark, TipRanks’ AI Analyst, LYFT is a Outperform.

Lyft’s overall stock score reflects a company in transition with strong revenue growth, improved cash flow, and strategic initiatives that enhance its market position. However, high valuation metrics, ongoing profitability challenges, and mixed technical indicators temper the outlook. Positive earnings call sentiment and corporate events provide some optimism, but the stock’s high P/E ratio and leverage issues suggest caution. Continued focus on operational efficiency and strategic growth will be crucial for long-term success.

To see Spark’s full report on LYFT stock, click here.

More about Lyft

Lyft, Inc. operates in the transportation industry, primarily offering ride-sharing services. The company focuses on providing convenient and affordable transportation solutions, aiming to transform the travel sector with a customer-centric approach.

Average Trading Volume: 18,787,233

Technical Sentiment Signal: Buy

Current Market Cap: $6.73B

See more data about LYFT stock on TipRanks’ Stock Analysis page.