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

Analyst price target for LYFT

Based on 15 analysts offering 12 month price targets for Lyft Inc.
Min Forecast
$7.00-56.28%
Avg Forecast
$13.97-12.76%
Max Forecast
$17.00+6.18%

Should I buy or sell LYFT stock?

Based on 15 analysts offering ratings for Lyft Inc.
Hold
Strong Buy
1 analysts 6.67%
Buy
0 analysts 0%
Hold
12 analysts 80%
Sell
1 analysts 6.67%
Strong Sell
1 analysts 6.67%

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LYFT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-15
lockedlocked$00.00+00.00%2024-02-14
lockedlocked$00.00+00.00%2024-02-14
lockedlocked$00.00+00.00%2024-02-14
lockedlocked$00.00+00.00%2024-02-14
Citigroup
Bottom 1%
1
HoldMaintains$15.00-6.31%2024-02-14
RBC Capital
Top 4%
97
HoldMaintains$17.00+6.18%2024-02-14
Truist Securities
Top 1%
100
HoldMaintains$15.00-6.31%2024-02-14
TD Cowen
Bottom 4%
4
HoldMaintains$12.00-25.05%2024-01-22
Goldman Sachs
Top 2%
99
HoldMaintains$15.00-6.31%2024-01-12

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Forecast return on equity

Is LYFT forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
37.62%

Forecast return on assets

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

LYFT revenue forecast

What is LYFT's revenue in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$5.1B+16.35%
Avg 2 year Forecast
$5.8B+31.26%
Avg 3 year Forecast
$6.7B+51.35%
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
14.35%
Industry
17.05%
Market
10%
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$16.01$13.97-12.76%Hold
ZI$17.24$21.50+24.71%Buy
BILL$63.29$101.55+60.44%Strong Buy
YMM$6.38N/AN/A
FRSH$20.25$25.50+25.93%Buy

Lyft Stock Forecast FAQ

Is Lyft Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NASDAQ: LYFT) stock is to Hold LYFT stock.

Out of 15 analysts, 1 (6.67%) are recommending LYFT as a Strong Buy, 0 (0%) are recommending LYFT as a Buy, 12 (80%) are recommending LYFT as a Hold, 1 (6.67%) are recommending LYFT as a Sell, and 1 (6.67%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: LYFT) Lyft's forecast annual revenue growth rate of 14.35% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 17.05%, and while it is forecast to beat the US market's average forecast revenue growth rate of 10%.

Lyft's revenue in 2024 is $4,403,589,000.On average, 11 Wall Street analysts forecast LYFT's revenue for 2024 to be $2,048,379,698,485, with the lowest LYFT revenue forecast at $1,944,259,656,279, and the highest LYFT revenue forecast at $2,120,361,284,497. On average, 11 Wall Street analysts forecast LYFT's revenue for 2025 to be $2,310,967,097,746, with the lowest LYFT revenue forecast at $2,144,562,779,412, and the highest LYFT revenue forecast at $2,441,779,030,384.

In 2026, LYFT is forecast to generate $2,664,565,279,524 in revenue, with the lowest revenue forecast at $2,562,600,594,877 and the highest revenue forecast at $2,773,274,702,070.

What is LYFT's forecast return on assets (ROA) for 2024-2027?

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

What is LYFT's Price Target?

According to 15 Wall Street analysts that have issued a 1 year LYFT price target, the average LYFT price target is $13.97, with the highest LYFT stock price forecast at $17.00 and the lowest LYFT stock price forecast at $7.00.

On average, Wall Street analysts predict that Lyft's share price could fall to $13.97 by Feb 15, 2025. The average Lyft stock price prediction forecasts a potential downside of 12.76% from the current LYFT share price of $16.01.

What is LYFT's forecast return on equity (ROE) for 2024-2027?

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