Lyft
(NASDAQ:LYFT)
$16.26
0.19[1.18%]
At close: Apr 26
$16.26
0[0.00%]
PreMarket: 4:34AM EDT
Q1 2024 Earnings in 11 days from now on Tue May 7th, after the market close
Consensus Rating1
Neutral
Highest Price Target1
$28.00
Lowest Price Target1
$10.00
Consensus Price Target1
$13.03

Lyft Stock (NASDAQ:LYFT), Analyst Ratings, Price Targets, Predictions

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.

Analyst Trend
1
Dec 23
4
Jan
1
6
Feb
3
Mar
1
1
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
2.4
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Tigress Financial
Wells Fargo
Piper Sandler
Argus Research
RBC Capital

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Lyft

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
04/18/2024LYFTBuy Now
Lyft
$16.2647.6%Tigress Financial
Ivan Feinseth
$22 → $24MaintainsBuyGet Alert
04/08/2024LYFTBuy Now
Lyft
$16.2610.7%Wells Fargo
Ken Gawrelski
$15 → $18MaintainsEqual-WeightGet Alert
03/15/2024LYFTBuy Now
Lyft
$16.2635.3%Piper Sandler
Thomas Champion
$17 → $22MaintainsOverweightGet Alert
03/05/2024LYFTBuy Now
Lyft
$16.2623%Argus Research
Bill Selesky
→ $20UpgradeHold → BuyGet Alert
03/04/2024LYFTBuy Now
Lyft
$16.2641.45%RBC Capital
Brad Erickson
$17 → $23UpgradeSector Perform → OutperformGet Alert
02/15/2024LYFTBuy Now
Lyft
$16.264.55%Barclays
Ross Sandler
$14 → $17MaintainsEqual-WeightGet Alert
02/14/2024LYFTBuy Now
Lyft
$16.26-13.9%UBS
Lloyd Walmsley
$13 → $14MaintainsNeutralGet Alert
02/14/2024LYFTBuy Now
Lyft
$16.26-7.75%Wells Fargo
Ken Gawrelski
$12 → $15MaintainsEqual-WeightGet Alert
02/14/2024LYFTBuy Now
Lyft
$16.26-20.05%JP Morgan
Doug Anmuth
$11 → $13MaintainsNeutralGet Alert
02/14/2024LYFTBuy Now
Lyft
$16.264.55%Piper Sandler
Alexander Potter
$14 → $17ReiteratesOverweight → OverweightGet Alert
02/14/2024LYFTBuy Now
Lyft
$16.26-7.75%Citigroup
Itay Michaeli
$13 → $15MaintainsNeutralGet Alert
02/14/2024LYFTBuy Now
Lyft
$16.264.55%RBC Capital
Brad Erickson
$15 → $17MaintainsSector PerformGet Alert
02/14/2024LYFTBuy Now
Lyft
$16.26-7.75%Truist Securities
Youssef Squali
$13 → $15MaintainsHoldGet Alert
02/14/2024LYFTBuy Now
Lyft
$16.26MoffettNathanson
Michael Morton
UpgradeSell → NeutralGet Alert
01/22/2024LYFTBuy Now
Lyft
$16.26-26.2%TD Cowen
John Blackledge
$10 → $12MaintainsMarket PerformGet Alert
01/12/2024LYFTBuy Now
Lyft
$16.26-7.75%Goldman Sachs
Eric Sheridan
$12 → $15MaintainsNeutralGet Alert
01/11/2024LYFTBuy Now
Lyft
$16.26-7.75%Goldman Sachs
Eric Sheridan
$12 → $15DowngradeBuy → NeutralGet Alert
01/09/2024LYFTBuy Now
Lyft
$16.26-7.75%BMO Capital
Brian Pitz
→ $15Initiates → Market PerformGet Alert
12/29/2023LYFTBuy Now
Lyft
$16.26-20.05%Nomura
Anindya Das
$11.7 → $13DowngradeNeutral → ReduceGet Alert

FAQ

Q

What is the target price for Lyft (LYFT)?

A

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.

Q

What is the most recent analyst rating for Lyft (LYFT)?

A

The latest analyst rating for Lyft (NASDAQ: LYFT) was provided by Tigress Financial, and Lyft maintained their buy rating.

Q

When was the last upgrade for Lyft (LYFT)?

A

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.

Q

When was the last downgrade for Lyft (LYFT)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Lyft (LYFT)?

A

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.

Q

Is the Analyst Rating Lyft (LYFT) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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