Deutsche Bank Aktiengesellschaft Lowers Lyft (NASDAQ:LYFT) Price Target to $16.00

Lyft (NASDAQ:LYFT) had its price objective cut by stock analysts at Deutsche Bank Aktiengesellschaft from $25.00 to $16.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “hold” rating on the ride-sharing company’s stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 22.61% from the company’s current price.

Several other brokerages have also recently issued reports on LYFT. Wall Street Zen cut Lyft from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. DA Davidson set a $22.00 price objective on Lyft in a research report on Thursday, November 6th. BMO Capital Markets raised their price objective on shares of Lyft from $20.00 to $23.00 and gave the stock a “market perform” rating in a research note on Thursday, November 6th. Guggenheim lifted their target price on shares of Lyft from $24.00 to $26.00 and gave the company a “buy” rating in a report on Tuesday, November 18th. Finally, Roth Mkm set a $25.00 price target on shares of Lyft and gave the stock a “buy” rating in a report on Wednesday, October 29th. Ten investment analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Lyft presently has an average rating of “Hold” and an average target price of $19.98.

Lyft Trading Down 6.7%

Shares of NASDAQ:LYFT opened at $13.05 on Wednesday. Lyft has a 52-week low of $9.66 and a 52-week high of $25.54. The stock has a market cap of $5.21 billion, a price-to-earnings ratio of 1.91, a PEG ratio of 0.87 and a beta of 1.93. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.76. The business has a 50-day moving average price of $18.69 and a 200-day moving average price of $19.00.

Lyft declared that its board has authorized a share repurchase program on Tuesday, February 10th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the ride-sharing company to repurchase up to 15.1% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In other Lyft news, Director Prashant Aggarwal sold 96,900 shares of the firm’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $22.30, for a total value of $2,160,870.00. Following the completion of the sale, the director directly owned 874,369 shares of the company’s stock, valued at $19,498,428.70. This trade represents a 9.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Stephen W. Hope sold 4,800 shares of the firm’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $22.30, for a total transaction of $107,040.00. Following the sale, the chief accounting officer owned 311,909 shares of the company’s stock, valued at approximately $6,955,570.70. The trade was a 1.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 187,443 shares of company stock valued at $4,178,618. Insiders own 3.07% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Amalgamated Bank boosted its holdings in Lyft by 2.5% during the 3rd quarter. Amalgamated Bank now owns 21,652 shares of the ride-sharing company’s stock valued at $477,000 after acquiring an additional 534 shares during the period. Brown Brothers Harriman & Co. increased its stake in Lyft by 23.2% during the third quarter. Brown Brothers Harriman & Co. now owns 3,399 shares of the ride-sharing company’s stock worth $75,000 after purchasing an additional 639 shares during the period. CI Investments Inc. increased its stake in Lyft by 39.1% during the third quarter. CI Investments Inc. now owns 2,321 shares of the ride-sharing company’s stock worth $51,000 after purchasing an additional 653 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of Lyft by 5.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 12,808 shares of the ride-sharing company’s stock worth $248,000 after purchasing an additional 681 shares in the last quarter. Finally, Allegiance Financial Group Advisory Services LLC boosted its stake in shares of Lyft by 4.3% in the fourth quarter. Allegiance Financial Group Advisory Services LLC now owns 18,153 shares of the ride-sharing company’s stock valued at $352,000 after purchasing an additional 756 shares during the period. 83.07% of the stock is currently owned by institutional investors and hedge funds.

Key Lyft News

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Board-authorized $1.0 billion share repurchase (up to ~15% of float) signals management believes the stock is undervalued — supportive for EPS/share if executed. Buyback Announcement
• Positive Sentiment: Q4 initiatives (partnerships and rewards) are bringing higher‑value riders and grew business-travel activations ~26% YoY — evidence of revenue mix improvement. Partnerships Drive Growth
• Neutral Sentiment: Technical/short‑term view: some traders see LYFT as oversold and testing support, which could prompt a bounce if volume subsides. Technical Bottom View
• Neutral Sentiment: Management defended consumer demand on the call and highlighted profitable growth signals — mixed messaging as guidance tempers optimism. Earnings Call Takeaways
• Negative Sentiment: Revenue miss and softer forward profitability/ride-growth outlook triggered a heavy selloff and analyst concern that Lyft’s 2027 targets are “execution‑heavy.” This is the principal driver of today’s weakness. Analyst Reaction
• Negative Sentiment: Multiple banks trimmed price targets and reiterated cautious/hold views after the print — increases near‑term downside risk from analyst sentiment and limits near‑term buying. Price Target Cuts & Sales Reaction
• Negative Sentiment: Reputational/safety headlines after separate fatal attacks on drivers in Cleveland add operational and PR risk that can pressure user/driver sentiment, though this is more of a reputational than a near‑term financial issue. Safety Incidents

Lyft Company Profile

Lyft, Inc (NASDAQ: LYFT) operates a peer-to-peer ridesharing platform that connects passengers with drivers through a mobile application. Since its founding in 2012, the company has expanded beyond traditional ride-hailing to include bike and electric scooter rentals, while also offering rental cars and public transit options in select markets. Lyft’s platform uses GPS mapping and dynamic pricing algorithms to optimize driver-passenger matches and route efficiency.

Headquartered in San Francisco, California, Lyft primarily serves urban and suburban markets across the United States and Canada.