Lyft Stock News

Lyft Inc (NASDAQ:LYFT) was downgraded by Wedbush analysts to ‘Underperform' from ‘Neutral,' along with the release of the firm's 2026 Consumer Internet Outlook. The firm also reduced its 12-month price target to $16 from $20.

Denver, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Bird and Lyft announced two major initiatives that deepen their shared commitment to expand sustainable transportation options and build more connected, multimodal cities across North America.

Lyft (LYFT) is emerging as a growth star, closing the bookings growth gap with Uber and targeting niche, underpenetrated markets for expansion. LYFT's Q3 gross bookings hit a record $4.8 billion, up 16% y/y, with active riders rising 18% to 28.7 million. Strategic partnerships and selective market focus, especially on college campuses and non-urban areas, are fueling double-digit bookings growth.

Lyft proved it can operate as a profitable, cash-generating business. The Freenow acquisition gives Lyft meaningful international scale.

Lyft must prove its profitability is repeatable. The Freenow integration is the company's biggest strategic test.

Lyft, Inc. (LYFT) Presents at 53rd Annual Nasdaq Investor Conference Transcript

These 12 tech companies are most vulnerable to having their business models upended by the AI revolution, according to Wedbush Securities

The food delivery and ride-share categories are growing in popularity as consumers appreciate the convenience.