Lyft Stock News

Lyft (NASDAQ: LYFT) reported robust Q1 2025 results, showing ongoing operational and financial momentum. Gross bookings grew by 13% year-over-year (y-o-y) to $4.2 billion, while revenue increased 14% to $1.5 billion.

Uber Technologies (UBER 0.72%) and Lyft (LYFT -0.12%) have been longtime competitors in the ride-sharing space. They've done a great job revolutionizing the mature taxi industry through technology.

The ride-sharing company's achievement of GAAP profitability, healthy free cash flow generation, and an upsized share repurchase program are signaling to investors that the company may be at a potential turning point.

Lyft, Inc.'s Q1 2025 earnings showed strong growth with net revenue at $1.45 billion and adjusted EBITDA at $106.5 million, leading to a 28% stock surge. Despite recent gains, Lyft's long-term performance lags behind Uber, remaining 79% below its IPO price, while Uber has nearly doubled. Lyft's acquisition of FreeNow raises concerns about their understanding of the European market and the reali...

Lyft (LYFT 27.96%) stock jumped 28% on Friday after an earnings report that shouldn't have been a big surprise for investors. But the company continues to grow and announced an aggressive buyback plan that could help shares.

Shares of Lyft (LYFT 27.96%) are surging on Friday. The ride-sharing company's stock gained 27.4% as of 3:25 p.m.

Lyft Inc (NASDAQ: LYFT) rallied more than 20% on Friday morning after reporting its financial results for the first quarter that topped Street estimates on most fronts.    But factors beyond the numbers are contributing to the rise in LYFT shares.

Lyft Inc (NASDAQ:LYFT) stock is up 19.5% to trade at $15.54 at last glance, after the ride-sharing company increased its share buyback program to $750 million.