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NASDAQ: LYFT
Lyft Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for LYFT

Based on 31 analysts offering 12 month price targets for Lyft Inc.
Min Forecast
$10.00+1.32%
Avg Forecast
$18.86+91.03%
Max Forecast
$60.00+507.9%

Should I buy or sell LYFT stock?

Based on 33 analysts offering ratings for Lyft Inc.
Buy
Strong Buy
8 analysts 24.24%
Buy
3 analysts 9.09%
Hold
21 analysts 63.64%
Sell
1 analysts 3.03%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their LYFT stock forecasts and price targets.

LYFT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Deutsche Bank
Bottom 15%
15
HoldMaintains$12.00+21.58%2023-03-15Find out why
Susquehanna
Bottom 8%
8
HoldMaintains$11.00+11.45%2023-02-13Find out why
Goldman Sachs
Top 4%
97
Strong BuyMaintains$15.00+51.98%2023-02-10
Roth MKM
Top 2%
99
HoldMaintains$12.00+21.58%2023-02-10Find out why
Wells Fargo
Bottom 7%
7
HoldDowngrades$13.00+31.71%2023-02-10Find out why
RBC Capital
Top 6%
95
HoldMaintains$11.00+11.45%2023-02-10Find out why
Credit Suisse
Bottom 4%
4
BuyMaintains$27.00+173.56%2023-02-10
Cowen & Co.
Bottom 2%
2
HoldMaintains$11.00+11.45%2023-02-10Find out why
Citigroup
Bottom 5%
5
HoldDowngrades$17.00+72.24%2023-02-10Find out why
Canaccord Genuity
Bottom 3%
3
Strong BuyMaintains$22.00+122.90%2023-02-10Find out why

1 of 4

Forecast return on equity

Is LYFT forecast to generate an efficient return?
Company
N/A
Industry
0.41%
Market
28.63%

Forecast return on assets

Is LYFT forecast to generate an efficient return on assets?
Company
N/A
Industry
0.17%

LYFT earnings per share forecast

What is LYFT's earnings per share in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
-$0.95
Avg 2 year Forecast
-$0.11

LYFT revenue forecast

What is LYFT's revenue in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$5.2B+26.85%
Avg 2 year Forecast
$6.1B+48.13%
Avg 3 year Forecast
$6.9B+69.58%
LYFT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

LYFT revenue growth forecast

How is LYFT forecast to perform vs Software - Application companies and vs the US market?
Company
19.23%
Industry
19.96%
Market
8.77%
LYFT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
LYFT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

LYFT vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
LYFT$9.87$18.86+91.03%Buy
PEGA$44.90$47.44+5.67%Hold
PWSC$18.97$25.91+36.58%Buy
CWAN$15.14$19.56+29.17%Buy
INST$25.24$32.50+28.76%Strong Buy
View Top App Stocks

Lyft Stock Forecast FAQ

Is Lyft Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 33 Wall Street analysts covering (NASDAQ: LYFT) stock is to Buy LYFT stock.

Out of 33 analysts, 8 (24.24%) are recommending LYFT as a Strong Buy, 3 (9.09%) are recommending LYFT as a Buy, 21 (63.64%) are recommending LYFT as a Hold, 1 (3.03%) are recommending LYFT as a Sell, and 0 (0%) are recommending LYFT as a Strong Sell.

If you're new to stock investing, here's how to buy Lyft stock.

What is LYFT's earnings growth forecast for 2023-2024?

(NASDAQ: LYFT) Lyft's forecast annual earnings growth rate of N/A is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 77.36%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.51%.

Lyft's earnings in 2023 is -$1,584,511,000.On average, 4 Wall Street analysts forecast LYFT's earnings for 2023 to be -$359,179,609, with the lowest LYFT earnings forecast at -$514,193,967, and the highest LYFT earnings forecast at -$283,562,849.

In 2024, LYFT is forecast to generate -$41,589,218 in earnings, with the lowest earnings forecast at -$41,589,218 and the highest earnings forecast at -$41,589,218.

What is LYFT's revenue growth forecast for 2023-2025?

(NASDAQ: LYFT) Lyft's forecast annual revenue growth rate of 19.23% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 19.96%, and while it is forecast to beat the US market's average forecast revenue growth rate of 8.77%.

Lyft's revenue in 2023 is $4,095,135,000.On average, 11 Wall Street analysts forecast LYFT's revenue for 2023 to be $1,963,971,417,257, with the lowest LYFT revenue forecast at $1,856,618,303,369, and the highest LYFT revenue forecast at $2,156,930,264,915. On average, 7 Wall Street analysts forecast LYFT's revenue for 2024 to be $2,293,510,768,801, with the lowest LYFT revenue forecast at $2,162,979,605,699, and the highest LYFT revenue forecast at $2,448,330,791,318.

In 2025, LYFT is forecast to generate $2,625,621,846,345 in revenue, with the lowest revenue forecast at $2,582,161,113,650 and the highest revenue forecast at $2,669,082,579,041.

What is LYFT's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: LYFT) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 0.17%.

What is LYFT's Price Target?

According to 31 Wall Street analysts that have issued a 1 year LYFT price target, the average LYFT price target is $18.86, with the highest LYFT stock price forecast at $60.00 and the lowest LYFT stock price forecast at $10.00.

On average, Wall Street analysts predict that Lyft's share price could reach $18.86 by Mar 15, 2024. The average Lyft stock price prediction forecasts a potential upside of 91.03% from the current LYFT share price of $9.87.

What is LYFT's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: LYFT) Lyft's current Earnings Per Share (EPS) is -$4.47. On average, analysts forecast that LYFT's EPS will be -$0.95 for 2023, with the lowest EPS forecast at -$1.36, and the highest EPS forecast at -$0.75. In 2024, LYFT's EPS is forecast to hit -$0.11 (min: -$0.11, max: -$0.11).

What is LYFT's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: LYFT) forecast ROE is N/A, which is considered weak.
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