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

OverviewForecast
EarningsDividendOwnership

Analyst price target for LYFT

Based on 20 analysts offering 12 month price targets for Lyft Inc.
Min Forecast
$38.00-31.97%
Avg Forecast
$69.15+23.79%
Max Forecast
$85.00+52.17%

Should I buy or sell LYFT stock?

Based on 21 analysts offering ratings for Lyft Inc.
Strong Buy
Strong Buy
11 analysts 52.38%
Buy
6 analysts 28.57%
Hold
4 analysts 19.05%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

LYFT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Goldman Sachs
Top 2%
99
Strong BuyInitiates Coverage On$64.00+14.57%2021-09-13
Northcoast Research
Top 21%
80
Strong BuyUpgrades$65.00+16.36%2021-08-12
BTIG
Top 11%
90
Strong BuyMaintains$75.00+34.26%2021-08-04
Morgan Stanley
Top 6%
95
HoldMaintains$72.00+28.89%2021-08-04
Piper Sandler
Top 2%
99
Strong BuyMaintains$84.00+50.38%2021-08-04
Credit Suisse
Top 1%
100
BuyMaintains$79.00+41.42%2021-08-02
Gordon Haskett
Top 49%
52
HoldInitiates Coverage On$59.00+5.62%2021-08-02
Cowen & Co.
Top 22%
79
BuyMaintains$76.00+36.05%2021-07-01
Daiwa Capital
Top 24%
77
BuyUpgrades$56.00+0.25%2021-05-10
DA Davidson
Top 15%
86
Strong BuyMaintains$72.00+28.89%2021-05-05

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Forecast return on equity

Is LYFT forecast to generate an efficient return?
Company
-39.31%
Industry
13.15%
Market
2,530.71%
LYFT's Return on Equity is forecast to be low in 3 years (-39.31%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is LYFT forecast to generate an efficient return on assets?
Company
-11.73%
Industry
4.9%
Market
1,237.48%
LYFT is forecast to generate lower Return on Assets (-11.73%) than the US Software - Application industry average (4.9%)
Forecast

LYFT earnings per share forecast

What is LYFT's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
-$2.53-48.99%
Avg 2 year Forecast
-$1.09-78.02%
Avg 3 year Forecast
-$0.09-98.19%

LYFT revenue forecast

What is LYFT's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$3.2B+32%
Avg 2 year Forecast
$4.6B+89.09%
Avg 3 year Forecast
$5.8B+137.36%
LYFT's revenue is forecast to grow at an exceptional rate of 33.81% per year
Forecast

LYFT revenue growth forecast

How is LYFT forecast to perform vs Software - Application companies and vs the US market?
Company
33.81%
Industry
18.25%
Market
12.37%
LYFT's revenues are forecast to grow faster (33.81% per year) than the US Software - Application industry average (18.25%)
Forecast
LYFT's revenues are forecast to grow faster (33.81% per year) than the US market average (12.37%)
Forecast

Lyft Stock Forecast FAQ

Is Lyft Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 21 Wall Street analysts covering (NASDAQ: LYFT) stock is to Strong Buy LYFT stock.

Out of 21 analysts, 11 (52.38%) are recommending LYFT as a Strong Buy, 6 (28.57%) are recommending LYFT as a Buy, 4 (19.05%) are recommending LYFT as a Hold, 0 (0%) are recommending LYFT as a Sell, and 0 (0%) are recommending LYFT as a Strong Sell.

What is LYFT's earnings growth forecast for 2021-2023?

(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 2.81%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.62%.

Lyft's earnings in 2021 is -$1,596,929,000.On average, 4 Wall Street analysts forecast LYFT's earnings for 2021 to be $-848,244,050, with the lowest LYFT earnings forecast at $-928,709,889, and the highest LYFT earnings forecast at $-774,483,698. On average, 4 Wall Street analysts forecast LYFT's earnings for 2022 to be $-365,449,018, with the lowest LYFT earnings forecast at $-516,322,465, and the highest LYFT earnings forecast at $-170,989,907.

In 2023, LYFT is forecast to generate $-30,174,690 in earnings, with the lowest earnings forecast at $-164,284,421 and the highest earnings forecast at $140,815,218.

What is LYFT's revenue growth forecast for 2021-2023?

(NASDAQ: LYFT) Lyft's forecast annual revenue growth rate of 33.81% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 18.25%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 12.37%.

Lyft's revenue in 2021 is $2,443,609,000.On average, 10 Wall Street analysts forecast LYFT's revenue for 2021 to be $1,081,426,674,415, with the lowest LYFT revenue forecast at $1,051,913,145,870, and the highest LYFT revenue forecast at $1,135,540,621,503. On average, 10 Wall Street analysts forecast LYFT's revenue for 2022 to be $1,549,152,131,515, with the lowest LYFT revenue forecast at $1,451,469,620,778, and the highest LYFT revenue forecast at $1,767,264,510,321.

In 2023, LYFT is forecast to generate $1,944,660,504,186 in revenue, with the lowest revenue forecast at $1,836,669,648,960 and the highest revenue forecast at $2,192,593,522,822.

What is LYFT's forecast return on assets (ROA) for 2021-2024?

(NASDAQ: LYFT) forecast ROA is -11.73%, which is lower than the forecast US Software - Application industry average of 4.9%.

What is LYFT's Price Target?

According to 20 Wall Street analysts that have issued a 1 year LYFT price target, the average LYFT price target is $69.15, with the highest LYFT stock price forecast at $85.00 and the lowest LYFT stock price forecast at $38.00.

On average, Wall Street analysts predict that Lyft's share price could stay at $69.15 by Sep 13, 2022. The average Lyft stock price prediction forecasts a potential downside of N/A from the current LYFT share price of $55.86.

What is LYFT's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: LYFT) Lyft's current Earnings Per Share (EPS) is -$4.96. On average, analysts forecast that LYFT's EPS will be $-2.53 for 2021, with the lowest EPS forecast at $-2.77, and the highest EPS forecast at $-2.31. On average, analysts forecast that LYFT's EPS will be $-1.09 for 2022, with the lowest EPS forecast at $-1.54, and the highest EPS forecast at $-0.51. In 2023, LYFT's EPS is forecast to hit $-0.09 (min: $-0.49, max: $0.42).

What is LYFT's forecast return on equity (ROE) for 2021-2024?

(NASDAQ: LYFT) forecast ROE is -39.31%, which is considered weak.
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