Lyft price target lowered to $14 from $21 at Cantor Fitzgerald

Cantor Fitzgerald analyst Deepak Mathivanan lowered the firm’s price target on Lyft (LYFT) to $14 from $21 and keeps a Neutral rating on the shares. Lyft’s Q4 results were mixed, with bookings in line and EBITDA roughly 5% above estimates, while Q1 EBITDA guidance trailed expectations despite solid bookings growth of 17%-20% year over year, the analyst tells investors in a research note. Ride growth decelerated as focus shifted to premium offerings, but management expects acceleration in FY26 driven by product and partnership initiatives, alongside progress in AV launches, though near-term KPI volatility may renew execution concerns, the firm says.