Lyft Stock News

Over the past 12 months, the S&P 500 rallied more than 20%. It is hovering near its all-time high and looks historically expensive at 29 times its trailing earnings -- so this might not be the best time to hunt for bargain stocks.

Lyft is betting on a revenue boost from deploying autonomous vehicles in the U.S. and Europe as the San Francisco-based ride-sharing company works to scale its robotaxi presence.

Lyft, Inc. (NASDAQ:LYFT ) Q2 2025 Earnings Conference Call August 6, 2025 5:00 PM ET Company Participants Aurelien Nolf - Vice President of FP&A and Investor Relations Erin Brewer - Chief Financial Officer John David Risher - CEO & Director Conference Call Participants Benjamin Thomas Black - Deutsche Bank AG, Research Division Douglas Till Anmuth - JPMorgan Chase & Co, Research Division Eric J...

While both Uber and Lyft showed healthy top-line growth and improving fundamentals, their underlying narratives — shared during their Q2 2025 earnings calls — revealed a deeper divergence when it comes to owning the mobility platform layer.

Lyft Inc (NASDAQ:LYFT) shares dropped 3.3% after hours and are set to fall another 1.7% at the New York open, following a quarterly revenue miss that overshadowed an improved gross bookings outlook for the coming quarter. Turnover for the second quarter reached $1.59 billion, below analyst expectations of $1.61 billion.

Lyft's post-earnings dip creates a compelling buying opportunity, as the company maintains double-digit growth and strong bookings, despite macroeconomic headwinds. The company's strategic focus on profitable growth, reduced incentives, and selective market expansion is driving record adjusted EBITDA and free cash flow. Lyft trades at a significant valuation discount to Uber, with single-digit ...

Lyft (LYFT) Q2 Rides Jump 14% to Record

Ride-hailing platform Lyft Inc. on Wednesday forecast key demand metrics that were better than Wall Street expected, but sales and rides for the second quarter came in below estimates.