Headquartered in San Francisco, CA Fiscal year ends December NASDAQ: LYFT lyft.com
Lyft, Inc. (Nasdaq: LYFT) operates a global mobility platform. Founded in 2012, it offers rideshare, taxis, private hire vehicles, executive chauffeur services, car sharing, bikes and scooters across six continents and thousands of cities. The company earns revenue from transactions on its multimodal platform, which processed 273.5 million rides for 31.6 million Active Riders in Q3 2026, along with bike and scooter programs through Lyft Urban Solutions. Lyft is building out several growth areas:
- A U.S. membership program, Lyft Go, offering up to 8% back in Lyft Credits on every ride.
- A premium global chauffeur brand for corporate travel, Alcove, launching in early 2027.
- Partnership-linked rides in North America.
- International expansion in Europe through acquisitions.
- Autonomous vehicle partnerships, including matching riders to fully autonomous Waymo vehicles in Nashville, where Lyft operates an 80,000-square-foot depot, as part of its strategy to become a hybrid human-driver and AV operator. Updated
A $117.9 million hit from legal, tax and regulatory reserves flipped Lyft to a GAAP loss, leaving both EPS and revenue short of expectations. Underneath it, gross bookings rose 17% and management warned more reserves could land again.
Duolingo closed up 26.8% at $162.31, the biggest move in a 383-stock priority universe that saw double-digit swings on both ends. Datadog, Vertiv, CVS and Quanta all gave up more than 12% in the same session.
An 8.68% jump to $18.65 adds roughly $600 million to a $7.1 billion company in one session. The move came after Uber, a competitor, reported third-quarter results, and Lyft has followed 4 of the last 5 Uber earnings reports.
An 8% intraday pop adds roughly half a billion to a $7 billion market cap, an outsized single-session move for the ride-hailing name. No disclosed catalyst yet, so whether it holds into the close is the tell.
A new finance chief at the top of a $5.9 billion company means the capital allocation playbook is about to be rewritten, from buybacks to how aggressively Lyft chases growth against Uber. His first Form 3 starts the clock on insider buying disclosures investors can now track.
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Uber has shed more than 30% from its highs while posting record free cash flow, and at least one top Wall Street analyst thinks the market has it spectacularly wrong about where…
Tesla's expanding robotaxi footprint is sending ripples through the rideshare market, and Uber shareholders are absorbing the hit even though Uber's own results gave them no reason to sell.
Appaloosa Management just walked away from 12 stocks, and the pattern hiding beneath the list suggests David Tepper is betting everything on a very short list of survivors.
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Jim Cramer just called a buy on a battered rideshare stock near a specific price floor while sounding the alarm on a once-hyped satellite name he says is burning cash fast and…
Lyft, Inc. (Nasdaq: LYFT) operates a global mobility platform. Founded in 2012, it offers rideshare, taxis, private hire vehicles, executive chauffeur services, car sharing, bikes and scooters across six continents and thousands of cities.
24/7 Wall St.'s 12-month price target for LYFT is $22.64, rated Buy. The Wall Street consensus target is $19.39. LYFT price prediction →
