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

Buy LYFT

Analyst price target for LYFT

Based on 23 analysts offering 12 month price targets for Lyft Inc.
Min Forecast
$20.00+22.4%
Avg Forecast
$46.65+185.51%
Max Forecast
$70.00+328.4%

Should I buy or sell LYFT stock?

Based on 25 analysts offering ratings for Lyft Inc.
Buy
Strong Buy
12 analysts 48%
Buy
6 analysts 24%
Hold
7 analysts 28%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

LYFT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Goldman Sachs
Top 2%
99
Strong BuyMaintains$24.00+46.88%2022-06-10
Jefferies
Top 4%
97
HoldMaintains$20.00+22.40%2022-05-31
Bernstein
Bottom 48%
48
HoldAssumes$22.00+34.64%2022-05-24
Argus Research
Top 4%
97
Strong BuyMaintains$41.00+150.92%2022-05-16
Morgan Stanley
Bottom 11%
11
HoldMaintains$40.00+144.80%2022-05-05
DA Davidson
Bottom 2%
2
Strong BuyMaintains$27.00+65.24%2022-05-05
Credit Suisse
Top 7%
94
BuyMaintains$60.00+267.20%2022-05-04
Evercore ISI Group
Top 7%
94
BuyMaintains$45.00+175.40%2022-05-04
Truist Securities
Top 10%
91
Strong BuyMaintains$50.00+206.00%2022-05-04
RBC Capital
Top 4%
97
BuyMaintains$42.00+157.04%2022-05-04

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Forecast return on equity

Is LYFT forecast to generate an efficient return?
Company
N/A
Industry
21.42%
Market
32.14%

Forecast return on assets

Is LYFT forecast to generate an efficient return on assets?
Company
N/A
Industry
4.7%

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
-$1.87
Avg 2 year Forecast
-$1.20
Avg 3 year Forecast
-$1.60

LYFT revenue forecast

What is LYFT's revenue in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$4.3B+23.83%
Avg 2 year Forecast
$5.4B+54.43%
Avg 3 year Forecast
$6.4B+83.64%
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
22.56%
Industry
18.3%
Market
9.36%
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$16.34$46.65+185.51%Buy
DSGX$65.66$77.00+17.27%Buy
RNG$61.80$155.53+151.66%Strong Buy
MNDY$122.36$265.70+117.15%Buy
BMBL$31.98$34.50+7.88%Buy

Lyft Stock Forecast FAQ

Is Lyft Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 25 Wall Street analysts covering (NASDAQ: LYFT) stock is to Buy LYFT stock.

Out of 25 analysts, 12 (48%) are recommending LYFT as a Strong Buy, 6 (24%) are recommending LYFT as a Buy, 7 (28%) 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 2022-2024?

(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 20%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 15.6%.

Lyft's earnings in 2022 is -$831,737,000.On average, 4 Wall Street analysts forecast LYFT's earnings for 2022 to be -$650,726,607, with the lowest LYFT earnings forecast at -$883,874,643, and the highest LYFT earnings forecast at -$462,816,250. On average, 4 Wall Street analysts forecast LYFT's earnings for 2023 to be -$417,578,572, with the lowest LYFT earnings forecast at -$720,323,036, and the highest LYFT earnings forecast at -$118,313,929.

In 2024, LYFT is forecast to generate -$556,771,429 in earnings, with the lowest earnings forecast at -$556,771,429 and the highest earnings forecast at -$556,771,429.

What is LYFT's revenue growth forecast for 2022-2024?

(NASDAQ: LYFT) Lyft's forecast annual revenue growth rate of 22.56% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 18.3%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 9.36%.

Lyft's revenue in 2022 is $3,474,938,000.On average, 10 Wall Street analysts forecast LYFT's revenue for 2022 to be $1,497,330,623,204, with the lowest LYFT revenue forecast at $1,453,764,998,811, and the highest LYFT revenue forecast at $1,552,522,330,995. On average, 10 Wall Street analysts forecast LYFT's revenue for 2023 to be $1,867,380,749,767, with the lowest LYFT revenue forecast at $1,804,704,990,027, and the highest LYFT revenue forecast at $1,985,203,327,601.

In 2024, LYFT is forecast to generate $2,220,634,126,269 in revenue, with the lowest revenue forecast at $2,064,581,534,240 and the highest revenue forecast at $2,411,098,672,418.

What is LYFT's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: LYFT) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 4.7%.

What is LYFT's Price Target?

According to 23 Wall Street analysts that have issued a 1 year LYFT price target, the average LYFT price target is $46.65, with the highest LYFT stock price forecast at $70.00 and the lowest LYFT stock price forecast at $20.00.

On average, Wall Street analysts predict that Lyft's share price could reach $46.65 by Jun 10, 2023. The average Lyft stock price prediction forecasts a potential upside of 185.51% from the current LYFT share price of $16.34.

What is LYFT's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: LYFT) Lyft's current Earnings Per Share (EPS) is -$2.45. On average, analysts forecast that LYFT's EPS will be -$1.87 for 2022, with the lowest EPS forecast at -$2.54, and the highest EPS forecast at -$1.33. On average, analysts forecast that LYFT's EPS will be -$1.20 for 2023, with the lowest EPS forecast at -$2.07, and the highest EPS forecast at -$0.34. In 2024, LYFT's EPS is forecast to hit -$1.60 (min: -$1.60, max: -$1.60).

What is LYFT's forecast return on equity (ROE) for 2022-2025?

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