Research Analysts Issue Forecasts for Lyft Q3 Earnings

Lyft, Inc. (NASDAQ:LYFT) – Stock analysts at Wedbush decreased their Q3 2025 earnings per share estimates for Lyft in a report released on Tuesday, April 15th. Wedbush analyst S. Devitt now forecasts that the ride-sharing company will post earnings per share of $0.07 for the quarter, down from their previous forecast of $0.09. Wedbush has a “Neutral” rating and a $16.00 price target on the stock. The consensus estimate for Lyft’s current full-year earnings is $0.22 per share. Wedbush also issued estimates for Lyft’s Q4 2025 earnings at $0.14 EPS, FY2025 earnings at $0.23 EPS and FY2026 earnings at $0.41 EPS.

Other equities research analysts also recently issued research reports about the company. Loop Capital cut their price objective on Lyft from $23.00 to $20.00 and set a “buy” rating on the stock in a report on Tuesday, March 18th. Barclays cut their price target on Lyft from $20.00 to $19.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 12th. Truist Financial reduced their price target on Lyft from $20.00 to $17.00 and set a “hold” rating on the stock in a report on Wednesday, February 12th. Royal Bank of Canada reiterated an “outperform” rating and issued a $21.00 price objective on shares of Lyft in a report on Monday, March 17th. Finally, Bank of America lowered shares of Lyft from a “buy” rating to an “underperform” rating and set a $10.50 target price on the stock. in a report on Thursday, April 3rd. One research analyst has rated the stock with a sell rating, twenty-seven have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $16.45.

Lyft Stock Performance

Shares of Lyft stock opened at $11.16 on Thursday. The company’s 50 day moving average price is $12.02 and its two-hundred day moving average price is $13.65. The firm has a market capitalization of $4.66 billion, a P/E ratio of 186.00, a P/E/G ratio of 1.90 and a beta of 2.13. Lyft has a fifty-two week low of $8.93 and a fifty-two week high of $19.07. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.76 and a quick ratio of 0.75.

Lyft (NASDAQ:LYFT) last posted its quarterly earnings results on Tuesday, February 11th. The ride-sharing company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.10). Lyft had a net margin of 0.39% and a return on equity of 8.03%.

Lyft declared that its Board of Directors has approved a share repurchase plan on Tuesday, February 11th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the ride-sharing company to buy up to 8.4% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Insider Transactions at Lyft

In related news, Director John Patrick Zimmer sold 2,424 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $12.52, for a total value of $30,348.48. Following the completion of the sale, the director now directly owns 911,922 shares of the company’s stock, valued at approximately $11,417,263.44. This represents a 0.27 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Logan Green sold 11,411 shares of the company’s stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $13.34, for a total transaction of $152,222.74. Following the completion of the sale, the director now owns 297,640 shares of the company’s stock, valued at approximately $3,970,517.60. The trade was a 3.69 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 15,407 shares of company stock valued at $203,778 over the last ninety days. 3.07% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Spurstone Advisory Services LLC bought a new stake in Lyft during the 4th quarter valued at $25,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Lyft during the fourth quarter worth about $29,000. ORG Wealth Partners LLC bought a new stake in shares of Lyft in the fourth quarter worth about $31,000. GAMMA Investing LLC increased its holdings in Lyft by 81.4% during the 1st quarter. GAMMA Investing LLC now owns 2,756 shares of the ride-sharing company’s stock valued at $33,000 after purchasing an additional 1,237 shares during the period. Finally, Byrne Asset Management LLC bought a new position in Lyft during the 4th quarter valued at approximately $35,000. 83.07% of the stock is currently owned by institutional investors.

About Lyft

Lyft, Inc operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It operates multimodal transportation networks that offer access to various transportation options through the Lyft platform and mobile-based applications. The company's platform provides a ridesharing marketplace, which connects drivers with riders; Express Drive, a car rental program for drivers; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips.