Lyft, Inc. (NASDAQ:LYFT) Given Consensus Rating of “Hold” by Analysts

Shares of Lyft, Inc. (NASDAQ:LYFT) have been given a consensus recommendation of “Hold” by the thirty-three brokerages that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, twenty-two have given a hold rating and nine have issued a buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $19.6167.

Several brokerages have commented on LYFT. Wedbush cut their price objective on Lyft from $16.00 to $13.00 and set an “underperform” rating on the stock in a research report on Wednesday, February 11th. Mizuho decreased their target price on Lyft from $16.00 to $15.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Morgan Stanley set a $17.00 target price on shares of Lyft in a research note on Wednesday, February 11th. Cantor Fitzgerald cut their price target on shares of Lyft from $21.00 to $14.00 and set a “neutral” rating on the stock in a report on Wednesday, February 11th. Finally, Roth Mkm set a $22.00 price target on shares of Lyft in a research note on Wednesday, February 11th.

Key Headlines Impacting Lyft

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Lyft rolled out a temporary driver-relief/cashback program to offset rising U.S. fuel costs — extra 2% cashback for Elite drivers and 1% for Gold/Platinum on Lyft Direct card for 60 days. This should help protect driver supply, reduce churn, and support trip availability and service levels. Read More.
• Positive Sentiment: Multiple outlets covered the driver relief program, increasing visibility and investor attention to Lyft’s cost-of-living support measures for gig workers. Broader coverage may temper investor concerns about driver earnings. Read More.
• Positive Sentiment: Lyft extended a six-year strategic partnership with MapUp to power toll intelligence (upfront pricing and automated toll reimbursements). Operational tools that reduce surprise fees and automate reimbursements can improve driver economics and user experience, supporting margin and retention. Read More.
• Neutral Sentiment: Consumer stocks were generally higher late in the session, offering a supportive market backdrop for Lyft as a consumer-facing mobility play; sector breadth may provide temporary tailwinds but isn’t company-specific. Read More.
• Neutral Sentiment: Coverage and longer-form pieces on ridesharing’s societal effects and competitors (e.g., Wheely expanding in NYC) provide context on market dynamics and niche competition but are unlikely to move LYFT materially in the near term. Read More.
• Neutral Sentiment: Automated data points about short interest in March appear anomalous/zeroed in reporting; treat that data as unreliable until clarified. This reduces clarity on positioning risk for the stock. (Multiple March filings referenced)
• Negative Sentiment: Local regulatory proposals (coverage noting Lyft and Uber say costs would be passed to customers under Mayor Parker’s proposal) highlight potential for higher fares or regulatory complexity; higher end prices can dampen demand and hurt volume over time. Read More.
• Negative Sentiment: Recent market commentary and tape shows LYFT lagging the broader market with a modest dip in recent sessions; near-term sentiment appears cautious as investors weigh rising fuel costs, competitive moves, and profitability path. Read More.

Insiders Place Their Bets

In other news, CAO Stephen W. Hope sold 5,284 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $13.83, for a total transaction of $73,077.72. Following the transaction, the chief accounting officer directly owned 300,570 shares of the company’s stock, valued at approximately $4,156,883.10. This trade represents a 1.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jill Beggs sold 2,093 shares of the firm’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $13.89, for a total value of $29,071.77. Following the transaction, the director owned 32,185 shares in the company, valued at $447,049.65. The trade was a 6.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 31,038 shares of company stock worth $416,841 in the last three months. Corporate insiders own 3.07% of the company’s stock.

Institutional Trading of Lyft

Several institutional investors and hedge funds have recently made changes to their positions in the company. University of Texas Texas AM Investment Management Co. bought a new position in Lyft during the 4th quarter worth about $26,000. Quent Capital LLC purchased a new position in Lyft during the 3rd quarter valued at about $34,000. International Assets Investment Management LLC bought a new stake in shares of Lyft in the 4th quarter valued at about $40,000. Huntington National Bank raised its holdings in shares of Lyft by 171.8% in the 4th quarter. Huntington National Bank now owns 2,174 shares of the ride-sharing company’s stock valued at $42,000 after purchasing an additional 1,374 shares in the last quarter. Finally, Abich Financial Wealth Management LLC purchased a new stake in shares of Lyft in the 3rd quarter worth approximately $50,000. 83.07% of the stock is currently owned by institutional investors.

Lyft Trading Up 0.8%

LYFT opened at $13.26 on Thursday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.65 and a current ratio of 0.65. The stock’s 50 day moving average price is $14.99 and its 200-day moving average price is $18.66. Lyft has a one year low of $9.66 and a one year high of $25.54. The stock has a market cap of $5.28 billion, a price-to-earnings ratio of 1.94, a P/E/G ratio of 0.79 and a beta of 1.92.

Lyft announced that its board has initiated a stock repurchase plan on Tuesday, February 10th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the ride-sharing company to repurchase up to 15.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

About Lyft

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.