How to Buy Lyft Stock
Lyft Inc
Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada.
Lyft stock last closed at $13.38, down 0.59% from the previous day, and has increased 14.16% in one year. It has overperformed other stocks in the Software - Application industry by 0.46 percentage points. Lyft stock is currently +38.51% from its 52-week low of $9.66, and -47.61% from its 52-week high of $25.54.
As of Mar 19, 2026, there are 398.11M shares of LYFT outstanding. The market cap of LYFT is $5.33B. In the past 24 hours, 13.29M LYFT shares were traded.
How to Buy Lyft Stock
Wondering how to invest in Lyft stock? Here's how.
- Decide where to buy Lyft stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Lyft stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your method of payment and add your info.
- Research Lyft stock: The Lyft ticker symbol is LYFT. Is Lyft stock a good investment? Should you buy shares of LYFT? How do LYFT's underlying business fundamentals look? Do top analysts think Lyft is a good buy? Why has LYFT's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if LYFT is a good stock to buy).
- Make your LYFT trade: Decide if you will purchase LYFT shares at the current market price or use a limit order to purchase LYFT shares at a given price.
- Watch your LYFT investment: Create a watchlist to important notifications about your investment in Lyft stock.
Step 1: Decide where to buy Lyft stock
You need an online brokerage account to access the NASDAQ market and buy LYFT shares.
Our favorite brokerage: eToro
Based on our research, eToro is the best online stock brokerage. eToro gives you:
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- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by creating an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you are able to buy LYFT stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start a new trading account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've created your account on the best stock market app for beginners, you can securely and quickly fund your account:
Watch the video below if you need help transferring money into your investment account.
Step 4: Research Lyft stock
After you have identified the best place to buy Lyft stock, it's very important to analyze their stock before you buy, so you truly wrap your head around the risk as well as the opportunity.
Overview of key LYFT info
Lyft Overview
WallStreetZen was created to help everyday investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on LYFT's stock page.
Is LYFT stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge LYFT's true value.
Using relative valuations ratios:
- LYFT could be undervalued based on its P/E ratio of 1.93x, relative to Software - Application industry P/E ratio of 41.72x
- LYFT could be overvalued based on its P/B ratio of 1.63x, relative to Software - Application industry P/B ratio of 0x
You can access more valuation analysis on LYFT's stock here.
LYFT Financial Health Overview
Positive Health Checks:
- LYFT's operating cash flow of $1.17B allows it to safely service it's debt of $1.19B.
- Total LYFT debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the LYFT balance sheet.
- LYFT profit margin has gone up from 0.4% to 45% in the past year.
Negative Health Checks:
- LYFT earnings of -$32.49M is not sufficient to cover its interest payments.
- There are more short-term liabilities than short-term assets on the LYFT balance sheet.
- LYFT has a relatively high debt to equity ratio of 1.76.
Is Lyft stock a Buy, Hold, or Sell, according to analysts?
Out of 23 Equities analysts who track LYFT, the consensus analyst rating on Lyft is a Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest LYFT Analyst Upgrades/Downgrades
Scott Devitt, a top 4% analyst from Wedbush maintains LYFT with a sell rating and lowers their LYFT price target from $16.00 to $13.00, on Feb 11, 2026.
Tom White, a bottom 3% analyst from DA Davidson maintains LYFT with a hold rating and lowers their LYFT price target from $22.00 to $19.00, on Feb 11, 2026.
Ken Gawrelski, a top 18% analyst from Wells Fargo maintains LYFT with a hold rating and lowers their LYFT price target from $26.00 to $18.00, on Feb 11, 2026.
Taylor Manley, a bottom 11% analyst from Guggenheim maintains LYFT with a strong buy rating and lowers their LYFT price target from $26.00 to $22.00, on Feb 11, 2026.
Mark Mahaney, a top 3% analyst from Evercore ISI Group maintains LYFT with a hold rating and lowers their LYFT price target from $30.00 to $21.00, on Feb 11, 2026.
You can dig deeper into what analysts are projecting on the Lyft stock forecast page.
LYFT Trading Indicators
LYFT Earnings
Last year, LYFT earnings were $2.84B. During the last one years, LYFT's earnings have grown by 11,433.33% per year. This was faster than the Software - Application industry average of 81.71%.
Last year, LYFT revenue was $6.32B. Over the past five year, LYFT's revenue has increased by 21.71% per year. This was slower than the Software - Application industry average of 23.7%.
Dive into LYFT's earnings and revenue performance here.
Who is buying/selling LYFT?
Over the last 12 months, executives and large shareholders at LYFT have sold more shares than they have bought.
Jill Beggs, Director of LYFT, was the latest LYFT insider to sell. They sold $29,071.77 worth of LYFT shares on Feb 27, 2026.
Dig into more about who owns LYFT stock here.
Can I get consistent income from LYFT stock?
No, Lyft doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your LYFT trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price, place a limit order.
Press the Open Trade button and eToro will place your order.
If you want more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Watch your LYFT investment
Now that you own some LYFT stock, you'll want to keep up with your new company.
Make a watchlist to track the latest developments regarding your LYFT stock.
LYFT Feed
How to Buy Stock in Lyft
To summarize, here are the 6 steps you need to take to buy Lyft stock right now:
- Decide where to buy Lyft stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Research Lyft stock
- Make your LYFT trade
- Watch your LYFT investment
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Lyft, click below.
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