Wedbush Issues Pessimistic Estimate for Lyft Earnings

Lyft, Inc. (NASDAQ:LYFT) – Equities research analysts at Wedbush reduced their Q3 2025 earnings per share (EPS) estimates for shares of Lyft in a report issued on Monday, January 6th. Wedbush analyst S. Devitt now forecasts that the ride-sharing company will post earnings per share of $0.12 for the quarter, down from their prior forecast of $0.14. Wedbush currently has a “Neutral” rating and a $18.00 target price on the stock. The consensus estimate for Lyft’s current full-year earnings is $0.08 per share. Wedbush also issued estimates for Lyft’s FY2026 earnings at $0.35 EPS.

Lyft (NASDAQ:LYFT) last announced its quarterly earnings data on Wednesday, November 6th. The ride-sharing company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.20 by $0.09. Lyft had a negative return on equity of 1.58% and a negative net margin of 1.19%. The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same quarter last year, the firm posted ($0.02) earnings per share. The company’s revenue for the quarter was up 31.6% on a year-over-year basis.

LYFT has been the subject of several other research reports. Morgan Stanley boosted their price target on Lyft from $16.50 to $18.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 7th. Roth Mkm lifted their price target on shares of Lyft from $13.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Truist Financial boosted their price objective on shares of Lyft from $13.00 to $20.00 and gave the company a “hold” rating in a research report on Thursday, November 7th. Bank of America raised their target price on Lyft from $16.00 to $19.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Finally, TD Cowen boosted their price target on Lyft from $16.00 to $18.00 and gave the company a “hold” rating in a report on Thursday, November 7th. Twenty-seven analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Lyft has an average rating of “Hold” and an average target price of $17.78.

Lyft Stock Down 6.7 %

Shares of Lyft stock opened at $13.36 on Tuesday. Lyft has a 52-week low of $8.93 and a 52-week high of $20.82. The stock has a market capitalization of $5.54 billion, a PE ratio of -83.50, a price-to-earnings-growth ratio of 4.10 and a beta of 2.14. The company has a 50-day simple moving average of $15.43 and a two-hundred day simple moving average of $13.43. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.75 and a current ratio of 0.75.

Institutional Investors Weigh In On Lyft

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Nordea Investment Management AB grew its holdings in Lyft by 59.6% during the 4th quarter. Nordea Investment Management AB now owns 382,463 shares of the ride-sharing company’s stock valued at $5,006,000 after purchasing an additional 142,880 shares during the last quarter. Everence Capital Management Inc. purchased a new position in shares of Lyft during the fourth quarter valued at approximately $171,000. B. Riley Wealth Advisors Inc. boosted its position in shares of Lyft by 37.2% during the third quarter. B. Riley Wealth Advisors Inc. now owns 45,976 shares of the ride-sharing company’s stock valued at $585,000 after buying an additional 12,462 shares during the period. Tidal Investments LLC grew its stake in shares of Lyft by 8.2% during the third quarter. Tidal Investments LLC now owns 221,906 shares of the ride-sharing company’s stock valued at $2,829,000 after buying an additional 16,911 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its holdings in shares of Lyft by 3.5% in the third quarter. Sanctuary Advisors LLC now owns 28,454 shares of the ride-sharing company’s stock worth $363,000 after buying an additional 969 shares during the period. Hedge funds and other institutional investors own 83.07% of the company’s stock.

Insider Transactions at Lyft

In other news, Director Logan Green sold 10,919 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $17.25, for a total value of $188,352.75. Following the completion of the sale, the director now directly owns 314,492 shares of the company’s stock, valued at $5,424,987. This trade represents a 3.36 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Lisa Blackwood-Kapral sold 9,081 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $18.02, for a total value of $163,639.62. Following the transaction, the chief accounting officer now directly owns 332,243 shares in the company, valued at approximately $5,987,018.86. This represents a 2.66 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 24,242 shares of company stock worth $427,330 in the last three months. Insiders own 3.07% of the company’s stock.

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.