Brokers Issue Forecasts for Lyft’s Q3 Earnings (NASDAQ:LYFT)

Lyft, Inc. (NASDAQ:LYFT) – Equities researchers at Wedbush raised their Q3 2025 EPS estimates for shares of Lyft in a research note issued to investors on Wednesday, October 29th. Wedbush analyst S. Devitt now forecasts that the ride-sharing company will earn $0.09 per share for the quarter, up from their prior forecast of $0.08. Wedbush currently has a “Neutral” rating and a $17.00 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 FY2026 earnings at $0.56 EPS.

A number of other equities research analysts also recently weighed in on LYFT. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $22.00 price objective on shares of Lyft in a research report on Tuesday, October 21st. Wells Fargo & Company upped their target price on shares of Lyft from $15.00 to $16.00 and gave the stock an “equal weight” rating in a research report on Friday, September 5th. BMO Capital Markets upped their target price on shares of Lyft from $16.00 to $20.00 and gave the stock a “market perform” rating in a research report on Thursday, September 18th. Jefferies Financial Group upped their target price on shares of Lyft from $15.00 to $22.00 and gave the stock a “hold” rating in a research report on Thursday, September 18th. Finally, Oppenheimer upped their target price on shares of Lyft from $17.00 to $24.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Lyft has a consensus rating of “Hold” and an average target price of $19.68.

Lyft Price Performance

Shares of NASDAQ:LYFT opened at $20.46 on Friday. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.72. Lyft has a fifty-two week low of $9.66 and a fifty-two week high of $23.50. The firm has a 50-day simple moving average of $19.86 and a 200 day simple moving average of $16.48. The company has a market cap of $8.32 billion, a PE ratio of 85.25, a P/E/G ratio of 3.51 and a beta of 2.40.

Lyft (NASDAQ:LYFT) last announced its quarterly earnings data on Wednesday, August 6th. The ride-sharing company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.17). Lyft had a net margin of 1.51% and a return on equity of 14.32%. The business had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same period in the prior year, the company earned $0.24 EPS. Lyft’s quarterly revenue was up 10.6% on a year-over-year basis.

Insider Transactions at Lyft

In related news, CEO John David Risher purchased 5,926 shares of Lyft stock in a transaction dated Wednesday, September 3rd. The stock was bought at an average cost of $16.88 per share, with a total value of $100,030.88. Following the purchase, the chief executive officer owned 11,797,266 shares in the company, valued at approximately $199,137,850.08. The trade was a 0.05% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Lindsay Catherine Llewellyn sold 14,606 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $20.00, for a total transaction of $292,120.00. Following the completion of the sale, the insider directly owned 835,782 shares of the company’s stock, valued at approximately $16,715,640. This represents a 1.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 74,427 shares of company stock valued at $1,252,686. Company insiders own 3.07% of the company’s stock.

Institutional Trading of Lyft

A number of institutional investors have recently made changes to their positions in the stock. Amalgamated Bank increased its stake in Lyft by 2.5% in the 3rd quarter. Amalgamated Bank now owns 21,652 shares of the ride-sharing company’s stock valued at $477,000 after buying an additional 534 shares during the period. Vanguard Personalized Indexing Management LLC increased its stake in Lyft by 2.4% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 35,372 shares of the ride-sharing company’s stock valued at $779,000 after buying an additional 836 shares during the period. Neuberger Berman Group LLC increased its stake in Lyft by 3.7% in the 1st quarter. Neuberger Berman Group LLC now owns 24,441 shares of the ride-sharing company’s stock valued at $290,000 after buying an additional 868 shares during the period. Earned Wealth Advisors LLC increased its stake in Lyft by 4.8% in the 3rd quarter. Earned Wealth Advisors LLC now owns 19,164 shares of the ride-sharing company’s stock valued at $422,000 after buying an additional 881 shares during the period. Finally, Main Street Financial Solutions LLC increased its stake in Lyft by 3.8% in the 2nd quarter. Main Street Financial Solutions LLC now owns 24,688 shares of the ride-sharing company’s stock valued at $389,000 after buying an additional 909 shares during the period. 83.07% of the stock is owned by institutional investors and hedge funds.

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.