Lyft Inc has a consensus price target of $13.03, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Tigress Financial, Wells Fargo, and Piper Sandler on April 18, 2024, April 8, 2024, and March 15, 2024. With an average price target of $21.33 between Tigress Financial, Wells Fargo, and Piper Sandler, there's an implied 31.20% upside for Lyft Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/18/2024 | LYFT | Buy Now | Lyft | $16.26 | 47.6% | Tigress Financial | Ivan Feinseth | $22 → $24 | Maintains | Buy | Get Alert |
04/08/2024 | LYFT | Buy Now | Lyft | $16.26 | 10.7% | Wells Fargo | Ken Gawrelski | $15 → $18 | Maintains | Equal-Weight | Get Alert |
03/15/2024 | LYFT | Buy Now | Lyft | $16.26 | 35.3% | Piper Sandler | Thomas Champion | $17 → $22 | Maintains | Overweight | Get Alert |
03/05/2024 | LYFT | Buy Now | Lyft | $16.26 | 23% | Argus Research | Bill Selesky | → $20 | Upgrade | Hold → Buy | Get Alert |
03/04/2024 | LYFT | Buy Now | Lyft | $16.26 | 41.45% | RBC Capital | Brad Erickson | $17 → $23 | Upgrade | Sector Perform → Outperform | Get Alert |
02/15/2024 | LYFT | Buy Now | Lyft | $16.26 | 4.55% | Barclays | Ross Sandler | $14 → $17 | Maintains | Equal-Weight | Get Alert |
02/14/2024 | LYFT | Buy Now | Lyft | $16.26 | -13.9% | UBS | Lloyd Walmsley | $13 → $14 | Maintains | Neutral | Get Alert |
02/14/2024 | LYFT | Buy Now | Lyft | $16.26 | -7.75% | Wells Fargo | Ken Gawrelski | $12 → $15 | Maintains | Equal-Weight | Get Alert |
02/14/2024 | LYFT | Buy Now | Lyft | $16.26 | -20.05% | JP Morgan | Doug Anmuth | $11 → $13 | Maintains | Neutral | Get Alert |
02/14/2024 | LYFT | Buy Now | Lyft | $16.26 | 4.55% | Piper Sandler | Alexander Potter | $14 → $17 | Reiterates | Overweight → Overweight | Get Alert |
02/14/2024 | LYFT | Buy Now | Lyft | $16.26 | -7.75% | Citigroup | Itay Michaeli | $13 → $15 | Maintains | Neutral | Get Alert |
02/14/2024 | LYFT | Buy Now | Lyft | $16.26 | 4.55% | RBC Capital | Brad Erickson | $15 → $17 | Maintains | Sector Perform | Get Alert |
02/14/2024 | LYFT | Buy Now | Lyft | $16.26 | -7.75% | Truist Securities | Youssef Squali | $13 → $15 | Maintains | Hold | Get Alert |
02/14/2024 | LYFT | Buy Now | Lyft | $16.26 | — | MoffettNathanson | Michael Morton | — | Upgrade | Sell → Neutral | Get Alert |
01/22/2024 | LYFT | Buy Now | Lyft | $16.26 | -26.2% | TD Cowen | John Blackledge | $10 → $12 | Maintains | Market Perform | Get Alert |
01/12/2024 | LYFT | Buy Now | Lyft | $16.26 | -7.75% | Goldman Sachs | Eric Sheridan | $12 → $15 | Maintains | Neutral | Get Alert |
01/11/2024 | LYFT | Buy Now | Lyft | $16.26 | -7.75% | Goldman Sachs | Eric Sheridan | $12 → $15 | Downgrade | Buy → Neutral | Get Alert |
01/09/2024 | LYFT | Buy Now | Lyft | $16.26 | -7.75% | BMO Capital | Brian Pitz | → $15 | Initiates | → Market Perform | Get Alert |
12/29/2023 | LYFT | Buy Now | Lyft | $16.26 | -20.05% | Nomura | Anindya Das | $11.7 → $13 | Downgrade | Neutral → Reduce | Get Alert |
The latest price target for Lyft (NASDAQ: LYFT) was reported by Tigress Financial on April 18, 2024. The analyst firm set a price target for $24.00 expecting LYFT to rise to within 12 months (a possible 47.60% upside). 45 analyst firms have reported ratings in the last year.
The latest analyst rating for Lyft (NASDAQ: LYFT) was provided by Tigress Financial, and Lyft maintained their buy rating.
The last upgrade for Lyft Inc happened on March 5, 2024 when Argus Research raised their price target to $20. Argus Research previously had a hold for Lyft Inc.
The last downgrade for Lyft Inc happened on January 11, 2024 when Goldman Sachs changed their price target from $12 to $15 for Lyft Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lyft, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lyft was filed on April 18, 2024 so you should expect the next rating to be made available sometime around April 18, 2025.
While ratings are subjective and will change, the latest Lyft (LYFT) rating was a maintained with a price target of $22.00 to $24.00. The current price Lyft (LYFT) is trading at is $16.26, which is out of the analyst’s predicted range.
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