Wedbush Issues Pessimistic Outlook for Lyft Earnings

Lyft, Inc. (NASDAQ:LYFT) – Investment analysts at Wedbush reduced their Q3 2025 earnings per share (EPS) estimates for Lyft in a report released on Monday, January 6th. Wedbush analyst S. Devitt now anticipates that the ride-sharing company will earn $0.12 per share for the quarter, down from their previous 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.

Several other equities analysts have also recently weighed in on LYFT. BMO Capital Markets raised their price objective on Lyft from $13.00 to $18.00 and gave the company a “market perform” rating in a report on Thursday, November 7th. Jefferies Financial Group raised their target price on shares of Lyft from $10.50 to $13.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. UBS Group upped their price target on shares of Lyft from $13.00 to $18.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Raymond James initiated coverage on shares of Lyft in a research note on Tuesday, September 24th. They set a “market perform” rating on the stock. Finally, Barclays lifted their price target on Lyft from $14.00 to $20.00 and gave the stock an “equal weight” rating in a report on Friday, November 8th. Twenty-seven equities research 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 company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $17.78.

Lyft Stock Up 0.8 %

Lyft stock opened at $14.39 on Tuesday. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.88. Lyft has a 1-year low of $8.93 and a 1-year high of $20.82. The company has a fifty day simple moving average of $15.43 and a 200 day simple moving average of $13.42. The company has a market cap of $5.97 billion, a P/E ratio of -89.94, a price-to-earnings-growth ratio of 4.10 and a beta of 2.14.

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

Hedge Funds Weigh In On Lyft

Several institutional investors and hedge funds have recently added to or reduced their stakes in LYFT. Pacer Advisors Inc. bought a new stake in shares of Lyft in the third quarter worth $90,604,000. Maple Rock Capital Partners Inc. lifted its holdings in Lyft by 84.8% during the 3rd quarter. Maple Rock Capital Partners Inc. now owns 6,186,000 shares of the ride-sharing company’s stock worth $78,872,000 after buying an additional 2,838,000 shares during the period. Jacobs Levy Equity Management Inc. grew its position in shares of Lyft by 27.2% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 8,114,166 shares of the ride-sharing company’s stock valued at $103,456,000 after buying an additional 1,735,208 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in shares of Lyft in the third quarter valued at about $13,430,000. Finally, Huber Capital Management LLC raised its position in shares of Lyft by 62.1% during the second quarter. Huber Capital Management LLC now owns 631,189 shares of the ride-sharing company’s stock worth $8,900,000 after acquiring an additional 241,814 shares during the last quarter. 83.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Lindsay Catherine Llewellyn sold 4,242 shares of the business’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $17.76, for a total transaction of $75,337.92. Following the sale, the insider now owns 755,847 shares in the company, valued at $13,423,842.72. The trade was a 0.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Logan Green sold 10,919 shares of the stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $17.25, for a total value of $188,352.75. Following the completion of the transaction, the director now owns 314,492 shares of the company’s stock, valued at $5,424,987. This represents a 3.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 24,242 shares of company stock worth $427,330 in the last three months. 3.07% of the stock is owned by corporate insiders.

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.