Lyft (LYFT)
NASDAQ:LYFT
Top Page
Lyft
(NASDAQ:LYFT)
Select Model
Select Model
Rating:64Neutral
Price Target:
$18.00
▲(30.72% Upside)
Action:ReiteratedDate:02/11/26
The score is driven primarily by improving financial performance—especially strong and growing free cash flow—supported by a positive earnings call with accelerating growth outlook and long-term targets intact. This is tempered by weak technicals (downtrend vs key moving averages and negative MACD) and a relatively high P/E with no dividend yield.
Positive Factors
Free Cash Flow Strength
Sustained, sizable free cash flow provides durable financial flexibility: it funds buybacks, strategic investments (AV, FreeNow integration), and debt reduction without relying on equity. Over 2-6 months, strong FCF underpins capital allocation and reduces financing risk during execution of long-range plans.
Negative Factors
Operating Profitability Still Mixed
Despite top-line rebound and positive net income, underlying operating profits (EBIT) remain negative in the trailing period. This means core operating margin improvement is incomplete; sustained margin expansion is required to prove earnings durability and fund growth without depending on nonrecurring items.
Read all positive and negative factors
Positive Factors
Negative Factors
Free Cash Flow Strength
Sustained, sizable free cash flow provides durable financial flexibility: it funds buybacks, strategic investments (AV, FreeNow integration), and debt reduction without relying on equity. Over 2-6 months, strong FCF underpins capital allocation and reduces financing risk during execution of long-range plans.
Read all positive factors
Lyft (LYFT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$5.48B
Dividend YieldN/A
Average Volume (3M)17.08M
Price to Earnings (P/E)2.8
Beta (1Y)1.60
Revenue Growth14.90%
EPS GrowthN/A
CountryUS
Employees2,934
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)6.59
Shares Outstanding398,107,600
10 Day Avg. Volume11,242,783
30 Day Avg. Volume17,078,165
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)2.43
Price to Sales (P/S)1.26
P/FCF Ratio7.13
Enterprise Value/Market Cap1.01
Enterprise Value/Revenue0.87
Enterprise Value/Gross Profit2.11
Enterprise Value/Ebitda53.73
Forecast
1Y Price Target
$18.52Price Target Upside34.50% Upside
Rating ConsensusHold
Number of Analyst Covering27
EPS Forecast (FY)0.65
Revenue Forecast (FY)$7.28B
Lyft Business Overview & Revenue Model
Company Description
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 p...
How the Company Makes Money
Lyft generates revenue primarily through ride-hailing services, where it charges a commission on each fare paid by passengers. This commission typically ranges from 15% to 30% of the total fare, depending on the service type and market dynamics. A...
Lyft Key Performance Indicators (KPIs)
Any
Active Riders
Monitors the number of users taking rides, indicating market penetration, user engagement, and overall demand for Lyft's services.
Monitors the number of users taking rides, indicating market penetration, user engagement, and overall demand for Lyft's services.
Data provided by:
The Fly
The FlyLyft Earnings Call Summary
Earnings Call Date:Feb 10, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 06, 2026
Earnings Call Sentiment Positive
The call highlighted multiple clear operational and financial achievements: double‑digit gross bookings growth (19% YoY), record active and retained riders, strong driver engagement, $100M ads run rate, FreeNow European progress, and robust cash generation ("over $1B" printed). Management reiterated long‑term 2027 targets and emphasized cost discipline and marketplace health. The primary negatives were a one‑time ~$210M legal/tax/regulatory reserve (with ~$168M hitting revenue), some elevated late‑quarter promotions that impacted mix, and near‑term margin phasing that reflects comparability to a prior one‑off. Overall the positives — broad growth, improved marketplace efficiency, new revenue streams, and clear progress on strategic initiatives — materially outweigh the limited near‑term and one‑time negatives.Positive Updates
Strong Top-Line Growth and Scale
Gross bookings grew 19% year over year in Q4; company reported 51.3 million riders and 946 million rides for the year, and management described Q4 as an accelerated gross bookings quarter.
Negative Updates
One‑Time Legal/Tax/Regulatory Reserve Impact
Supplemental disclosures showed a one‑time impact of about $210 million classified as legal/tax/regulatory reserve changes, of which roughly $168 million reduced reported revenue; management noted revenue would be closer to $1.8 billion absent this item.
Read all updates
Q4-2025 Updates
Positive
Negative
Strong Top-Line Growth and Scale
Gross bookings grew 19% year over year in Q4; company reported 51.3 million riders and 946 million rides for the year, and management described Q4 as an accelerated gross bookings quarter.
Read all positive updates
Company Guidance
Lyft’s guidance and outlook emphasized accelerating top-line growth and continued margin expansion: management expects Q1 gross bookings growth to accelerate (guidance at the high end) and to grow faster than rides, while 1Q profitability is “in line” with last year after adjusting for a prior-year nonrecurring benefit; over the longer term they remain on track for their 2027 goals of $25 billion in gross bookings, a 4% adjusted EBITDA margin and over $1 billion of free cash flow. Key FY‑2025 and recent operating metrics cited on the call: 51.3 million riders, 946 million rides, 19% YoY gross bookings growth, active riders +18% YoY, a twelfth consecutive quarter of record driver hours, >$1 billion cash in the quarter, FreeNow exit run‑rate ≈€1 billion, Lyft Ads at a $100 million run rate, high‑value modes +50% YoY, business activations +26% YoY, Super Bowl day +15% rides YoY with ~20% lower surge, and a one‑time $210 million reserve (≈$168 million revenue impact) that would have made revenue closer to $1.8 billion—while longer‑term technology and fleet initiatives (AVs expected to drive ~20% per‑mile cost savings by 2030, with FlexDrive potentially increasing that to ~24–25%) and California insurance pass‑throughs (beginning in Q1) should further support demand and margin expansion into the back half of the year.Lyft Financial Statement Overview
Summary
Income Statement
64
Positive
Balance Sheet
67
Positive
Cash Flow
78
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.32B | 5.79B | 4.40B | 4.10B | 3.21B |
| Gross Profit | 2.62B | 2.45B | 1.86B | 1.66B | 1.51B |
| EBITDA | 102.73M | 203.16M | -188.97M | -1.40B | -859.94M |
| Net Income | 2.84B | 22.78M | -340.32M | -1.58B | -1.06B |
Balance Sheet | |||||
| Total Assets | 9.03B | 5.44B | 4.56B | 4.56B | 4.77B |
| Cash, Cash Equivalents and Short-Term Investments | 1.84B | 1.98B | 1.69B | 1.80B | 2.25B |
| Total Debt | 1.28B | 1.17B | 1.04B | 1.06B | 975.43M |
| Total Liabilities | 5.76B | 4.67B | 4.02B | 4.17B | 3.43B |
| Stockholders Equity | 3.27B | 767.02M | 541.52M | 388.67M | 1.34B |
Cash Flow | |||||
| Free Cash Flow | 1.12B | 766.27M | -248.06M | -352.25M | -180.90M |
| Operating Cash Flow | 1.17B | 849.74M | -98.24M | -237.28M | -101.72M |
| Investing Cash Flow | 406.74M | -517.98M | 599.75M | 186.04M | 267.01M |
| Financing Cash Flow | -685.53M | -155.87M | -122.08M | -87.50M | -72.47M |
Lyft Technical Analysis
Neutral
13.77
Price Trends
14.27
Negative
17.30
Negative
17.54
Negative
Market Momentum
-0.23
Negative
51.95
Neutral
79.29
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LYFT, the sentiment is Neutral. The current price of 13.77 is above the 20-day moving average (MA) of 13.31, below the 50-day MA of 14.27, and below the 200-day MA of 17.54, indicating a neutral trend. The MACD of -0.23 indicates Negative momentum. The RSI at 51.95 is Neutral, neither overbought nor oversold. The STOCH value of 79.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for LYFT.
Lyft Risk Analysis
Lyft disclosed 64 risk factors in its most recent earnings report. Lyft reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Lyft Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $1.53B | 22.71 | 31.88% | 2.66% | 18.30% | 22.19% | |
74 Outperform | $147.63B | 16.95 | 40.31% | ― | 18.25% | 277.10% | |
72 Outperform | $9.89B | 26.30 | 14.36% | ― | 10.16% | 18.29% | |
66 Neutral | $67.73B | 103.44 | 10.15% | ― | 24.46% | ― | |
64 Neutral | $5.48B | 2.80 | 209.99% | ― | 14.90% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | $14.52B | 76.19 | 4.10% | ― | 20.22% | ― |
* Technology Sector Average
LYFT
Lyft
13.77
2.84
25.98%
UBER
Uber Technologies
71.73
0.79
1.11%
DASH
DoorDash
155.90
-22.62
-12.67%
GRAB
Grab
3.54
-0.43
-10.83%
KARO
Karooooo
49.41
10.01
25.41%
CART
Maplebear
41.12
2.52
6.53%
Lyft Corporate Events
Business Operations and StrategyStock BuybackFinancial Disclosures
Lyft Reports Record 2025 Results, Signals Transformational 2026
Positive
Feb 10, 2026
On February 10, 2026, Lyft reported record financial results for the fourth quarter and full year 2025, highlighted by 15% growth in annual gross bookings to $18.5 billion, a jump in revenue to $6.3 billion, and a sharp rise in net income to $2.8 ...
Business Operations and StrategyExecutive/Board Changes
Lyft Adds Transportation Safety Expert Deborah Hersman to Board
Positive
Jan 27, 2026
On January 25, 2026, Lyft appointed transportation safety veteran Deborah Hersman to its Board of Directors as a Class I director, with her term scheduled to run until the company’s 2026 annual meeting of stockholders, and also named her to ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.