Wedbush Predicts Lyft’s Q3 Earnings (NASDAQ:LYFT)

Lyft, Inc. (NASDAQ:LYFT) – Investment analysts at Wedbush reduced their Q3 2025 earnings per share (EPS) estimates for shares of Lyft in a report released on Monday, January 6th. Wedbush analyst S. Devitt now forecasts that the ride-sharing company will post earnings of $0.12 per share for the quarter, down from their prior forecast of $0.14. Wedbush has a “Neutral” rating and a $18.00 price objective on the stock. The consensus estimate for Lyft’s current full-year earnings is $0.08 per share. Wedbush also issued estimates for Lyft’s FY2026 earnings at $0.35 EPS.

Lyft (NASDAQ:LYFT) last released its quarterly earnings data on Wednesday, November 6th. The ride-sharing company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.09. Lyft had a negative net margin of 1.19% and a negative return on equity of 1.58%. The company had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same period in the prior year, the firm earned ($0.02) earnings per share. The firm’s revenue for the quarter was up 31.6% compared to the same quarter last year.

A number of other brokerages also recently issued reports on LYFT. Truist Financial lifted their price target on Lyft from $13.00 to $20.00 and gave the company a “hold” rating in a report on Thursday, November 7th. Jefferies Financial Group lifted their target price on Lyft from $10.50 to $13.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. TD Cowen increased their price target on shares of Lyft from $16.00 to $18.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. Susquehanna lifted their price objective on shares of Lyft from $10.00 to $18.00 and gave the stock a “neutral” rating in a research report on Monday, November 11th. Finally, Loop Capital increased their target price on shares of Lyft from $16.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, December 4th. Twenty-seven analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Lyft currently has an average rating of “Hold” and an average price target of $17.78.

Lyft Stock Performance

Shares of NASDAQ:LYFT opened at $14.32 on Tuesday. The firm has a 50 day moving average of $15.44 and a 200 day moving average of $13.43. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.88. The company has a market capitalization of $5.94 billion, a price-to-earnings ratio of -89.50, a price-to-earnings-growth ratio of 4.10 and a beta of 2.14. Lyft has a 52 week low of $8.93 and a 52 week high of $20.82.

Hedge Funds Weigh In On Lyft

A number of institutional investors and hedge funds have recently bought and sold shares of LYFT. True Wealth Design LLC purchased a new position in Lyft in the 3rd quarter worth approximately $27,000. Brown Brothers Harriman & Co. purchased a new position in Lyft during the second quarter worth approximately $35,000. Capital Performance Advisors LLP acquired a new position in Lyft during the third quarter worth $38,000. Quarry LP grew its holdings in Lyft by 4,032.6% in the 2nd quarter. Quarry LP now owns 3,554 shares of the ride-sharing company’s stock valued at $50,000 after buying an additional 3,468 shares in the last quarter. Finally, Benjamin Edwards Inc. purchased a new stake in Lyft in the 2nd quarter valued at $72,000. 83.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Lyft

In related news, Director Logan Green sold 10,919 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $17.25, for a total transaction of $188,352.75. Following the completion of the sale, the director now directly owns 314,492 shares in the company, valued at approximately $5,424,987. The trade was a 3.36 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lisa Blackwood-Kapral sold 9,081 shares of the firm’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $18.02, for a total value of $163,639.62. Following the completion of the transaction, the chief accounting officer now owns 332,243 shares in the company, valued at $5,987,018.86. The trade was a 2.66 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 24,242 shares of company stock valued at $427,330 over the last quarter. 3.07% of the stock is currently owned by insiders.

Lyft Company Profile

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.