Ultime notizie per Lyft (NASDAQ:LYFT) Azioni

LYFT INC-A

Lyft

Lyft is the second-largest ride-sharing service provider in the US and Canada, connecting riders and drivers over the Lyft app. Incorporated in 2013 and public since 2019, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft has entered the bike- and scooter-share market to bring multimodal transportation options to users.

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Lyft Inc

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Citigroup analyst George Gianarikas downgraded the rating for Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) from Buy to Hold and lowered the price target from $22 to $14. Lyft shares closed at $15.85 on Thursday. <a href="https://www.benzinga.com/quote/AFRM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Canaccord Genuity analyst George Gianarikas downgraded Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) from Buy to Hold and cut the price target from $90 to $84. Uber shares closed at $93.12 on Thursday. <a href="https://www.benzinga.com/quote/AFRM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stephens &amp; Co. analyst Trey Grooms downgraded GMS Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GMS#NYSE">GMS</a>) from Overweight to Equal-Weight and maintained the price target of $95. GMS shares closed at $98.54 on Thursday. <a href="https://www.benzinga.com/quote/AFRM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird analyst David George downgraded Bank of America Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) from Outperform to Neutral and maintained the price target of $52. Bank of America shares closed at $47.46 on Thursday. <a href="https://www.benzinga.com/quote/AFRM/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying UBER stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/UBER/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="552" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27101911/image-426-1024x552.png" alt="" class="wp-image-965002" style="width:612px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27101911/image-426-1024x552.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27101911/image-426-300x162.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27101911/image-426-768x414.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/27101911/image-426.png 1153w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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Photo via Shutterstock

Downgrades

Analyst Ratings

Trading Ideas

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You may not have noticed, but on Sunday, June 22, the world of cars changed forever. 
That was when regular consumers for the first time got to take a $4.20-ride around Austin, Texas, in driverless taxis, courtesy of Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Elon Musk.
The <a href="https://www.benzinga.com/markets/tech/25/06/46045542/tesla-launches-robotaxi-in-austin-elon-musk-calls-it-a-culmination-of-a-decade-of-hard-work">robotaxi test</a> took place in a sectioned, geofenced area of Austin, with selected Tesla owners in the back seat, a Tesla employee on hand for emergencies in the front passenger seat, and no one physically behind the wheel.
By the end of the day, feedback began rolling in on social media, and it was overwhelmingly positive.
"We took two approximately 15-minute rides around Austin and the key takeaways are that it was a comfortable, safe, and personalized experience," <a href="https://www.benzinga.com/markets/tech/25/06/46049232/dan-ives-hails-very-impressive-robotaxi-ride-in-austin-predicts-55-upside-for-tesla-stock-as-golden-age-begins">noted</a> Dan Ives, a Wedbush analyst, in a research note released later in the day on June 22.  
"The robotaxis we experienced today were foundational, and there is a path for the future where these robotaxis may also have Grok integration, interior customization, and a much more user-centric focus as there&#8217;s no longer a need to focus on the driver experience," Ives added.
He&#8217;s not alone.
"Today transportation changed FOREVER!" said<a href="https://x.com/JoshWest247/status/1932618098777137590"> JoshWest247 on X</a>, after his test drive. "Robotaxi=FREEDOM!"
Amidst talk of the Tesla robotaxi adding $1 trillion in value to the company, plans are afoot to manage vehicle growth gradually, with 50 in operation by the fourth quarter of 2025 in Austin and 1,000-plus on the streets by year-end 2026. Tesla is also mapping out a California robotaxi expansion, targeting 2026, pending approval from the state. Over time, Tesla aims to replace Model Ys with its Cybercab robotaxi vehicle.
At first glance, the driverless future is golden, although there's plenty of highway miles ahead for industry leaders. At the very least, the Austin tests may serve as the launch point of a revolutionary new industry that changes everything we think we know about road transportation.
"Tesla's autonomous taxi test in Austin signals a very real shift toward mainstream adoption of robotaxis, not just a speculative future," said Kazimieras Urbonas, car analyst and supplier excellence manager at Ovoko, a technology-based auto parts company. "The major takeaway is that we're no longer just talking about autonomy, we're piloting it at scale. This shows growing maturity in Tesla's FSD (Full Self-Driving) tech, which will inevitably pressure other automakers to speed up their timelines."
According to Urbonas, driverless transport will be one of the most transformative changes in mobility, comparable to the transition from combustion to electric power. "While rollout will vary by region due to infrastructure and legal constraints, the long-term implications for logistics, ride-hailing, and even public transport are enormous," he noted. "Think safer roads, lower costs, and new urban design models."
As the smoke cleared from the test date, Wall Street commenced buzzing over the trading prospects of autonomous vehicle makers and which companies may be left behind as history is made with the first driverless taxi rollout.
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Which stocks will rock on as robotaxis get all too real, and which will go the way of horse and carriage after Henry Ford rolled up in a small, four-wheeled vehicle he called a Quadricycle on June 4, 1896? Here are a few candidates on both sides of the road.
<h2 class="wp-block-heading">Winners</h2>
<h3 class="wp-block-heading">Tesla</h3>
Benzinga Quality Ranking: 83.17
The carmaker's share price only popped by 1.2% in the five days following the Austin robotaxi tests, but the moment may have established Tesla as the king of the driverless transport hill, for now at least. Tesla has a lot on the line with autonomous vehicles, which comprises about 59% of the company's price target, amounting to $181 per share or $800 billion in implied value, according to RBC Capital.
"If Tesla can iron out safety concerns and scale fast, they could dominate the driverless car industry," said John Ellmore, EV Fleet Editor at UK-based KnowYourBusiness.
<h3 class="wp-block-heading">Alphabet&nbsp;</h3>
Benzinga Quality Ranking: 86.66
Google's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo driverless taxi doesn't get the massive press that Tesla and Musk garner, but it's actually ahead of the curve on robotaxi testing. It's already up and running in four U.S. cities, with plans to roll out its autonomous vehicles in 17 more. It intends to launch commercially by 2026 or 2027. All told, Waymo is expected to account for 10% of the AV marketplace by the end of the decade.
<h3 class="wp-block-heading">Nvidia</h3>
Benzinga Growth Ranking: 98.61
Chipmaking giant Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) should benefit from the headway made by companies like TSLA and Waymo. "Nvidia's chips already power most autonomous driving systems," Urbonas said. "More driverless vehicles equal more demand."
<h2 class="wp-block-heading">Losers</h2>
<h3 class="wp-block-heading">Uber</h3>
Benzinga Growth Ranking: 97.49
Uber's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) stock hasn't suffered from Tesla's wave of media coverage following its Austin testing weekend – it's up 8.36% this week alone. Analysts point to Uber's burgeoning relationship with Waymo and the fact that the company has entered into AV testing with Volkswagen and Pony AI.
Yet over the long haul, Uber doesn't seem to have a clear-cut path in competing with driverless taxis, which promise to be cheaper and more pervasive once Tesla and Waymo vehicles hit the open road.
<h3 class="wp-block-heading">Lyft</h3>
Benzinga Growth Ranking: 56.43
San Francisco-based ride-sharing company Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) has seen its shares rise to the mid-teens (it was trading at $15.46 on June 27). Its stock is up 19% year-to-date. The firm plans to roll out its own AV line in Dallas over the next few months, with plans to expand to Canada and Europe the following year.
Still, the math is working against Lyft. It's already behind Uber in the rideshare market by a 30%-to-70% ratio. The company will be hard-pressed to compete with industry heavyweights like Tesla, which is expected to reach a $1 trillion market share within the next five years.
"Traditional ride-hailing platforms like Uber and Lyft could see margin compression as autonomous fleets reduce human labor costs," Urbonas added.
<h3 class="wp-block-heading">Traditional auto makers and auto parts companies</h3>
Legacy automakers without robust EV and autonomous vehicle pipelines could fall behind. 
"That's particularly the case with those companies reliant on fleet sales and dealer-driven models," Urbonas said. "Auto parts suppliers focused on mechanical components (e.g., internal combustion parts) could also struggle as electric-autonomous systems reduce part complexity and maintenance."
Traditional auto repair chains could also struggle, and they won't be alone.
"Fewer moving parts mean fewer breakdowns," said Luis Montes, a heavy-duty transport equipment expert and chief editor at Fortis HD.  "Fuel providers take a hit if the shift is electric-heavy. Public transport might also lose funding if private driverless fleets get political backing. Even parking real estate will lose relevance if cars start circulating instead of idling."
Editorial content from our expert contributors is intended to be information for the general public and not individualized investment advice. Editors/contributors are presenting their individual opinions and strategies, which are neither expressly nor impliedly approved or endorsed by Benzinga.
Photo: Shutterstock

Opinion

NVDA

Winning And Losing Stocks From Tesla's Driverless Taxi Test

Canaccord Genuity analyst George Gianarikas downgrades Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) from Buy to Hold and lowers the price target from $22 to $14.

Price Target

Canaccord Genuity Downgrades Lyft to Hold, Lowers Price Target to $14

Citigroup analyst George Gianarikas downgrades Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) from Buy to Hold and lowers the price target from $22 to $14.

Citigroup Downgrades Lyft to Hold, Lowers Price Target to $14

<a href="https://www.nytimes.com/2025/06/26/technology/uber-travis-kalanick-self-driving-car-deal.html?searchResultPosition=1" title="https://www.nytimes.com/2025/06/26/technology/uber-travis-kalanick-self-driving-car-deal.html?searchResultPosition=1">https://www.nytimes.com/2025/06/26/technology/uber-travis-kalanick-self-driving-car-deal.html?searchResultPosition=1</a>
<a href="https://www.nytimes.com/2025/06/26/technology/uber-travis-kalanick-self-driving-car-deal.html?searchResultPosition=1">https://www.nytimes.com/2025/06/26/technology/uber-travis-kalanick-self-driving-car-deal.html?searchResultPosition=1</a>

General

PONY

'Uber in Talks With Its Founder, Travis Kalanick, to Fund Self-Driving Car Deal'- New York Times

Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) underwent analysis by 12 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">8</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $17.67, a high estimate of $28.00, and a low estimate of $13.00. Observing a 6.0% increase, the current average has risen from the previous average price target of $16.67. 
<img src="https://www.benzinga.com/files/images/story/2025/1750788053_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
A clear picture of Lyft's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Blackledge</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$21.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Brad Erickson</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$21.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Ivan Feinseth</td>
<td>Tigress Financial</td>
<td>Raises</td>
<td>Buy</td>
<td>$28.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Shyam Patil</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$18.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Stephen Ju</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$14.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>Doug Anmuth</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$16.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Jason Helfstein</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$17.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Ross Sandler</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$20.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Brian Nowak</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$15.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Tom White</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Doug Anmuth</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$14.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Ken Gawrelski</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$13.00</td>
<td>$14.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Lyft. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Lyft compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Lyft's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/LYFT/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Lyft analyst ratings.</a>
<h2>About Lyft</h2>
Lyft is the second-largest ride-sharing service provider in the US and Canada, connecting riders and drivers over the Lyft app. Incorporated in 2013 and public since 2019, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft has entered the bike- and scooter-share market to bring multimodal transportation options to users.
<h3>A Deep Dive into Lyft's Financials</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Lyft's remarkable performance in 3M is evident. As of 31 March, 2025, the company achieved an impressive revenue growth rate of 13.54%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Lyft's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 0.18%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Lyft's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 0.32%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Lyft's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.05%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Lyft's debt-to-equity ratio stands notably higher than the industry average, reaching 1.41. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Demystifying Lyft: Insights From 12 Analyst Reviews

WIIM

Lyft shares are trading higher after TD Cowen analyst John Blackledge upgraded the stock from Hold to Buy and raised the price target from $16 to $21.

TD Cowen analyst John Blackledge upgrades Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) from Hold to Buy and raises the price target from $16 to $21.

Upgrades

TD Cowen Upgrades Lyft to Buy, Raises Price Target to $21

Tesla Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) recent Robotaxi launch in <a href="https://www.benzinga.com/quote/TSLA/news">Austin grabbed headlines</a> with a cheeky $4.20 flat fare and Elon Musk-style bravado. But JPMorgan analyst Doug Anmuth notes it's just the beginning. Tesla plans to scale from 20 to 1,000 vehicles and expand to LA, SF, and beyond in months.
In contrast, Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo already operates over 1,500 vehicles across four cities and recently surpassed a 250K weekly trip run-rate. In California alone, Waymo grew rides by over 670% YoY in the first quarter.
Waymo leads with 250,000 weekly trips, but Tesla's $4.20 rides could pressure pricing and perception.
Read Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/05/45617402/tesla-talks-big-while-alphabet-and-baidu-surge-ahead-in-robotaxi-race">Tesla Talks Big, While Alphabet And Baidu Surge Ahead In Robotaxi Race</a>
<h2 class="wp-block-heading">Safety &amp; Scale: Waymo's Winning Formula?</h2>
Waymo isn&#8217;t just big &#8211; it's statistically safer. After logging over 56 million commercial miles, it boasts 92% fewer pedestrian-injury crashes than human drivers, notes Anmuth. 
Tesla's FSD progress is real (now 501 miles per critical disengagement), but regulators still have concerns and NHTSA's probe into Tesla autonomy is ongoing.
Waymo cars now average 24 trips/day—busier than 99% of Uber drivers. Tesla? Just getting started.
Tesla is scaling fast, but safety data and utilization still give Waymo the autonomous vehicle edge, at least for now.
<h2 class="wp-block-heading">App Wars &amp; Brand Buzz</h2>
Waymo One has quietly grown to 3.4% of Lyft Inc.'s (NASDAQ: LYFT) U.S. MAUs and 2% of Uber Technologies Inc.'s (NYSE: UBER).
Google search trends show Waymo beating Lyft in Phoenix, Austin, and SF. Tesla, notes Anmuth, has no standalone ride-hailing app yet and relies on in-app Robotaxi integration for now.
<h2 class="wp-block-heading">Tesla's Bold Disruption vs. Waymo's Quiet Domination</h2>
For now, Waymo's data-rich, safety-first approach and growing Uber partnership keep it firmly in the lead.
But Tesla brings scale manufacturing, hype, and with it, price disruption.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/tech/25/06/46039679/just-as-tesla-lined-up-its-big-move-waymo-went-bigger">Just As Tesla Lined Up Its Big Move, Waymo Went Bigger</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Long Ideas

Tesla's $4.20 Robotaxi Disruption - Waymo Should Be Worried

<a href="https://www.bloomberg.com/news/articles/2025-06-20/nyc-settles-on-smaller-driver-pay-bump-after-uber-lyft-pushback?srnd=homepage-americas" title="https://www.bloomberg.com/news/articles/2025-06-20/nyc-settles-on-smaller-driver-pay-bump-after-uber-lyft-pushback?srnd=homepage-americas">https://www.bloomberg.com/news/articles/2025-06-20/nyc-settles-on-smaller-driver-pay-bump-after-uber-lyft-pushback?srnd=homepage-americas</a>

Legal

NYC Settles On New Minimum Pay Rules For Rideshare Drivers

Uber Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and Lyft Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) shares are trading lower Wednesday following reports that Waymo applied for a <a href="https://www.benzinga.com/markets/tech/25/06/45979328/weride-partners-with-uber-dubais-road-and-transport-authority-for-autonomous-vehicle-pilot">New York City testing permit</a>.
What To Know: Bloomberg <a href="https://www.bloomberg.com/news/articles/2025-06-18/waymo-applies-for-nyc-testing-permit-in-hopes-of-eventual-launch">reported</a> Wednesday that Waymo, the autonomous vehicle subsidiary of Alphabet Inc.(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), has applied for a permit to test its self-driving taxis in New York City.
Waymo has requested permission from the city's Department of Transportation to begin autonomous testing in Manhattan, though the cars would still be operated with a human safety driver behind the wheel. The company said it plans to begin manual driving with human drivers next month to collect road data and assess the viability of its technology in New York's complex traffic environment.
Currently, Waymo provides fully autonomous rides in markets such as Los Angeles, Phoenix, Austin and San Francisco, and has announced plans to offer rides through Uber's platform in Atlanta later this summer, with further expansion into Miami and Washington slated for next year.
Despite these developments, commercial autonomous ride-hailing is not yet permitted under current New York City or state law. Waymo emphasized that its efforts are geared toward laying the groundwork for future operations by engaging with regulators and testing in harsh urban conditions. The city's regulatory framework for ride-hailing services remains strict, and companies like Uber and Lyft have long struggled with vehicle caps and labor regulations.
The prospect of Waymo entering New York has added pressure to ride-hailing platforms. Investors appear concerned that autonomous services could eventually undercut traditional rideshare models in high-value markets.
Price Action: Uber shares were down 1.44% at $83.57 and Lyft shares were down 1.51% at $14.73 at the time of publication Wednesday, according to <a href="https://pro.benzinga.com/dashboard?new_user=False&amp;backend=google-oauth2">Benzinga Pro.</a>
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Movers

Uber, Lyft Shares Slide As Waymo Applies For NYC Testing Permit

Uber and LYFt shares are trading lower after Bloomberg reported that Waymo applied for a New York City testing permit.

<a href="https://www.bloomberg.com/news/articles/2025-06-18/waymo-applies-for-nyc-testing-permit-in-hopes-of-eventual-launch" title="https://www.bloomberg.com/news/articles/2025-06-18/waymo-applies-for-nyc-testing-permit-in-hopes-of-eventual-launch">https://www.bloomberg.com/news/articles/2025-06-18/waymo-applies-for-nyc-testing-permit-in-hopes-of-eventual-launch</a>

'Waymo Applies for NYC Testing Permit in Hopes of Eventual Launch' - Bloomberg News

Waymo's self-driving taxis may not yet deliver the low-cost promise often associated with autonomous vehicles, but that isn't stopping riders from paying a premium — or worrying about safety.
A new pricing study by ride data platform Obi, found 74% of riders cite safety as their top concern around robotaxis — even as they continue to choose Waymo's higher-priced service. In San Francisco, Waymo rides averaged $20.43, compared to $15.58 for UberX and $14.44 for Lyft Standard — a 31% to 41% markup over traditional ride-hailing options.
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The data, drawn from nearly 90,000 ride offers collected between March 25 and April 25, compared real-time quotes and ETAs for matched trips across Waymo, Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), and Lyft Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>).
Despite the higher fares, the survey component of the report reveals that 70% of riders who've tried Waymo prefer it over a traditional rideshare, and a surprising share are even willing to pay more for the driverless experience.
<h2 class="wp-block-heading">Demand Remains Strong Despite High Prices</h2>
The Obi report, titled "The Road Ahead: Pricing Insights On Waymo, Uber and Lyft", is being described as the first in-depth analysis of Waymo's pricing strategy by <a href="https://techcrunch.com/2025/06/12/waymo-rides-cost-more-than-uber-or-lyft-and-people-are-paying-anyway/">TechCrunch</a>. Among key findings, Waymo's pricing was significantly higher not only on average, but also at specific times, especially during peak hours.
At evening rush hour – 5 p.m. to 6 p.m. – Waymo rides were $11 more than Lyft and $9.50 more than Uber, according to the study. For short trips under 1.4 kilometers, Waymo charged up to $26.46 per kilometer, roughly 41.5% more than Uber and 31.1% more than Lyft on comparable routes.
Still, riders don't seem to mind.
In a survey of 507 riders conducted by Obi across San Francisco, Los Angeles, and Phoenix, 70% of those who had used Waymo said they preferred driverless rides to traditional taxi or rideshare services.
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<h2 class="wp-block-heading">But Safety Remains a Major Concern</h2>
Obi's survey also found that 74% of respondents cited safety as their biggest concern around autonomous vehicles. Despite having a positive ride experience, more than two-thirds said driverless cars should still have remote human monitoring, a practice Waymo currently employs.
"There's something about being in the car alone," Obi's chief revenue officer, Ashwini Anburajan, told TechCrunch. "It is there for you to, like, kind of live in a little bubble and get from point A to point B, and be very comfortable doing so."
Safety concerns were particularly high among older adults and women, with only 34% of women saying they would trust a Waymo to transport their child, compared to 48% of men, according to Obi's findings.
<h2 class="wp-block-heading">Pricing Patterns Suggest Limited Supply, Basic Algorithms</h2>
Anburajan explained that Waymo's higher prices and variability may be driven by a less sophisticated pricing model than Uber or Lyft, whose platforms benefit from a decade of real-time data and driver fluctuations. With Waymo's fixed and slowly expanding fleet, pricing appears more directly influenced by supply-demand imbalances.
The study found a positive correlation between price and wait time, especially during high-demand periods like Friday and Saturday evenings. Longer ETA often translated directly to higher fares, with Waymo showing the highest elasticity in its afternoon time window.
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<h2 class="wp-block-heading">Mixed Regional Anecdotes Add Nuance</h2>
While Obi's data is focused primarily on San Francisco, Reddit users chimed in with region-specific insights, suggesting Waymo's pricing model might be more variable elsewhere.
"In Phoenix, I found Waymo to be cheaper than Uber and Lyft," wrote one user on <a href="https://www.reddit.com/r/technology/comments/1l9lmwa/waymo_rides_cost_more_than_uber_or_lyft_and/">r/technology</a>. Another noted, "In LA, about half the time Waymo was on par or cheaper — but the 15+ minute wait time occasionally pushed me back to traditional ride shares."
"Safety issue too. The chances of getting raped in a Waymo are much lower than in an Uber because of the lack of drivers," one more user noted.
These anecdotes hint that Waymo's pricing and adoption trends may vary by city.
<h2 class="wp-block-heading">The Big Picture: Premium, Not Mass-Market (Yet)</h2>
For now, Waymo, owned by Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>, GOOGL)), is reportedly handling over 250,000 paid rides weekly across multiple cities — and claims over 20% market share in San Francisco service zones, according to <a href="https://www.thedriverlessdigest.com/p/waymo-stats-2025-funding-growth-coverage">The Driverless Digest</a>.
The Obi data shows that despite fears, consumer behavior is leaning toward premium autonomous experiences, at least in urban tech hubs. Whether this translates into sustained market dominance or niche adoption remains to be seen, but the willingness to pay more for a driverless ride is here.
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Nearly 75% of Riders Fear Robotaxi Safety – Yet Pay More for Waymo's Driverless Experience

CEO Elon Musk&nbsp;has announced the launch date for&nbsp;Tesla Inc.&#8217;s&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) long-anticipated robotaxi service in Austin, Texas, on June 22, but experts are skeptical over its success. 
What Happened: Musk&nbsp;is placing a significant bet on the future of Tesla, with the robotaxi service expected to provide a much-needed financial boost amid declining sales and profits. However, experts suggest that&nbsp;the real competition for Tesla&nbsp;may come from human drivers working for ride-sharing companies like&nbsp;Uber&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and&nbsp;Lyft&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>), &nbsp;<a href="https://edition.cnn.com/2025/06/12/business/musk-tesla-robotaxi-rollout-austin">reported</a>&nbsp;CNN.
Bryant Walker Smith, a&nbsp;scholar at the Center for&nbsp;Internet and Society at Stanford&nbsp;Law School, highlighted the economic challenge of competing with Uber drivers who maintain their own older vehicles while earning less than minimum wage compared to the high pay for Tesla engineers and mechanics.
"The challenge is less technological and more economic," cautioned Smith. 
Meanwhile, GLJ Research analyst Gordon Johnson&nbsp;predicts, "This is a Tesla proof of concept exercise, not a rollout or a testing of a commercial asset for sale.&#8221;
While Elon Musk remains confident in the potential of autonomous vehicles (AV) and robotaxis, traditional automakers like&nbsp;General Motors&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) and&nbsp;Ford&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) have already abandoned their plans for similar services.
Notably, Google parent Alphabet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) does not reveal the specific financial performance of its autonomous vehicle unit, Waymo. However, the division that encompasses Waymo reported a $4.1 billion loss last year, despite Alphabet investing $5.6 billion into it.
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Why It Matters: The news of Tesla&#8217;s robotaxi launch comes amid a rapidly evolving landscape in the autonomous vehicle industry. Previously, experts like <a href="https://www.benzinga.com/markets/25/04/44979720/teslas-robotaxi-launch-in-june-will-likely-be-a-non-event-says-gary-black-this-isnt-really-a-test-market-its-an-experiment">Gary Black</a> had described the launch as an &#8220;experiment&#8221; rather than a market test.
Meanwhile,&nbsp;<a href="https://www.benzinga.com/trading-ideas/technicals/25/06/45869440/uber-soars-37-ytd-on-robotaxi-deal-ma-buzz-strategist-eyes-buy-the-dip-opportunity">Uber Technologies Inc.</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) has been making significant strides in the robotaxi space, with a 37.53% increase in its stock price in 2025. The company&#8217;s robotaxi partnership with Wayve, along with its dominant market share in the U.S. rideshare industry, has kept investors optimistic about its future in the autonomous vehicle market.
The success of Tesla&#8217;s robotaxi service will depend on how it navigates these challenges and proves its viability in the competitive market.
On a year-to-date basis, Tesla stock declined 15.86%, according to data from<a href="http://pro.benzinga.com"> Benzinga Pro.</a> Tesla scores well on Momentum, Quality and Growth metrics, but offers poor Value. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener"> Benzinga Edge Stock Rankings</a> today! 
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="200" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13085405/TSLA-June-11-2025-1-1-1024x200-1.jpg" alt="" class="wp-image-949018" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13085405/TSLA-June-11-2025-1-1-1024x200-1.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13085405/TSLA-June-11-2025-1-1-1024x200-1-300x59.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13085405/TSLA-June-11-2025-1-1-1024x200-1-768x150.jpg 768w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Elon Musk's Robotaxis May Struggle More Against Uber, Lyft Human Drivers Than Tesla's Self-Driving Rivals Like Waymo: 'The Challenge Is Less Technological And More Economic'

Alphabet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Waymo's robotaxi rides are more expensive than catching a ride from Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) or Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>), yet demand remains high despite <a href="https://www.benzinga.com/markets/tech/25/06/45876683/elon-musk-hails-austin-for-robotaxi-launch-as-waymo-suspends-operations-in-downtown-la-amid-anti-ice-protests">the higher prices.</a> 
What To Know: Recent data collected by the Obi app — which tracks real-time pricing and wait times for multiple ride-hailing services — was shared with <a href="https://techcrunch.com/2025/06/12/waymo-rides-cost-more-than-uber-or-lyft-and-people-are-paying-anyway/">TechCrunch</a> and revealed that Waymo rides were the most expensive. 
The data showed that in San Francisco, Lyft offered the lowest average fare at $14.44, Uber was next at $15.58 and Waymo averaged $20.43 per ride over a month-long period.&nbsp;
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Even at peak times, Waymo's rides were about $11 more expensive than Lyft and nearly $9.50 more than Uber.
The pricing gap is particularly notable for short trips, with Waymo's shortest rides costing 41% more than Uber and 31% more than Lyft for trips under 1.4 km. The difference narrows as ride distances increase, but Waymo still charges more per kilometer <a href="https://www.benzinga.com/analyst-stock-ratings/reiteration/25/06/45843054/uber-wins-analyst-praise-for-robotaxi-boom-lyft-faces-tougher-road-ahead">than its rivals</a>.&nbsp;
Despite these higher costs, Waymo continues to attract riders. Surveys indicate that many users prefer the experience of riding in a driverless car, with 70% of those who have tried Waymo saying they prefer it over traditional rideshares or taxis.&nbsp;
In fact, a significant percentage of riders are willing to pay extra for Waymo, with about 16% saying they'd pay up to $10 more per ride, suggesting that novelty, comfort and the appeal of riding alone are strong selling points
"There's something about being in the car alone" that is attracting riders, Ashwini Anburajan, Obi's chief revenue officer, told TechCrunch.&nbsp;
&#8220;It is there for you to, like, kind of live in a little bubble and get from point A to point B, and be very comfortable doing so."&nbsp;
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Large Cap

Waymo's Pricey Rides Are Still Stealing Uber, Lyft Customers

Partnership delivers trusted, third-party Viewability, Invalid Traffic and Brand Safety Measurement for Lyft Media's In-App Inventory
NEW YORK, June 11, 2025 /PRNewswire/ -- Integral Ad Science (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IAS#NASDAQ">IAS</a>), a leading global media measurement and optimization platform, today announced a first-to-market partnership with Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) enabling advertisers to validate the quality of their Lyft Media buys with IAS's Viewability, Invalid Traffic (IVT) and Brand Safety Measurement, available now. As the first media quality measurement partner for Lyft Media, IAS is trusted to ride along every impression. IAS sits at the intersection of AI, media, and marketing and was chosen by Lyft Media for its ability to see every ad interaction and the surrounding context for customers.
Lyft Media is designed to engage users throughout their transportation journeys with highly targeted ad solutions. With IAS's Media Quality measurement, advertisers can verify that their media buys reach real users in brand-safe environments across an addressable market of trips. Lyft Media advertisers connect ad exposures during the use of the company's services to outcomes like store visits and in-app purchases, and Lyft In-App ads help advertisers drive impactful campaigns by leveraging unique insights into rider transportation preferences.

Integral Ad Science And Lyft Partner To Launch First-Ever Media Quality Measurement For Lyft In-App Ads

Bank of America Securities analyst Michael McGovern <a href="https://www.benzinga.com/quote/UBER/analyst-ratings" target="_blank" rel="noreferrer noopener">maintained a Buy</a> on Uber Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) on Tuesday. However, with Waymo&#8217;s rapid growth in San Francisco and other US cities, the analyst remained more cautious about Lyft, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) and <a href="https://www.benzinga.com/quote/LYFT/analyst-ratings" target="_blank" rel="noreferrer noopener">maintained an Underperform</a>.
McGovern hosted multiple experts on autonomous vehicles (AV), including Edwin Olsen, the CEO of May Mobility and a former manager at Waymo.
May Mobility highlighted how May is one of only two companies currently providing rides without safety drivers in the US (the other being Waymo), the analyst said.
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McGovern noted that May is currently operating driver-out L4 rides in Peachtree, Georgia, its third market since inception.
The analyst said that in the long term, McGovern expects the AV ecosystem to consist of demand aggregators (Uber, Lyft), vehicle manufacturers like Toyota Motor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), fleet operators like Marubeni, and autonomy providers such as May, Waymo and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
In May&#8217;s partnerships with Uber or Lyft, McGovern noted that networks will provide May with thousands of trip requests every hour, allowing them to be &#8220;picky&#8221; about routes and enabling May Mobility to &#8220;drive our asset utilization incredibly high.&#8221;
May is partnering with both Uber and Lyft, as network operators provide a &#8220;firehose&#8221; of demand. As the analyst noted, &#8220;all of the barriers of us scaling to thousands of vehicles are addressed.&#8221;
May is still on track to launch on Lyft &#8220;in the middle of this year&#8221; in Atlanta, whereby riders will request a Lyft and will be assigned a May vehicle &#8220;if we pluck your trip out,&#8221; McGovern said.
Although McGovern expects a rapid ramp-up, the rides will initially start with a safety driver (driver-in) before expanding to driver-out following the test period. The analyst also noted Uber&#8217;s launch will come &#8220;at the end of this year&#8221; in Arlington, Texas, with driver-in testing to start before the broader rollout and driver-out launch.
May Mobility uses a combination of camera, LiDar, and radar, which CEO Olsen views as the &#8220;best way&#8221; to reach L4, McGovern noted. However, he remains &#8220;very bullish&#8221; on camera technology, which is &#8220;advancing fast,&#8221; the analyst noted.
Olsen spoke to the original use case of LiDar sensors in geological surveys, which underscores how a lack of a scalable commercial use case rather than technological complexity triggered the historically high cost per LiDar sensor, McGovern noted.
As a result, Olsen expects the cost of LiDar or radar to continue to drop as AV tech scales, the analyst said. He noted that although it&#8217;s &#8220;possible&#8221; that by 2030, camera-only systems can provide scaled L4 rides, he believes it is &#8220;not a given&#8221; that camera-only is the best system for L4 long term, McGovern said.
The analyst also hosted a former manager at Waymo. Key takeaways included still bullish on sensor tech &amp; mapping ability to scale, with sensor cost dropping quickly, sensor cost minimal when amortized over thousands of rides, but provides &#8220;superhuman&#8221; depth perception, Waymo likely interested in pursuing multiple commercialization opportunities, including network partners (Uber) and OEM partners (Toyota), 4) Zoox likely slower to scale given preference for customized vehicle.
Overall, McGovern noted the proliferation of multiple L4 AV providers, which benefit Uber via its nearly 20 AV partnerships and global scale.
Price Action: UBER stock is up 1.85% at $87.20 at last check Monday.
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Reiteration

Uber Wins Analyst Praise For Robotaxi Boom, Lyft Faces Tougher Road Ahead

13 analysts have expressed a variety of opinions on Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">2</td>
<td align="right">3</td>
<td align="right">8</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Lyft, revealing an average target of $17.85, a high estimate of $28.00, and a low estimate of $13.00. This upward trend is evident, with the current average reflecting a 1.77% increase from the previous average price target of $17.54.
<img src="https://www.benzinga.com/files/images/story/2025/1749146466_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Lyft. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brad Erickson</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$21.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Ivan Feinseth</td>
<td>Tigress Financial</td>
<td>Raises</td>
<td>Buy</td>
<td>$28.00</td>
<td>$26.00</td>
</tr>
<tr>
<td>Shyam Patil</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$18.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Stephen Ju</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$14.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>Doug Anmuth</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$16.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Jason Helfstein</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$17.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Ross Sandler</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$20.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Brian Nowak</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$15.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Tom White</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Doug Anmuth</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$14.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Ken Gawrelski</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$13.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Rob Sanderson</td>
<td>Loop Capital</td>
<td>Lowers</td>
<td>Buy</td>
<td>$20.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Brad Erickson</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$21.00</td>
<td>$21.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Lyft. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Lyft compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Lyft's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Lyft's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/LYFT/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Lyft analyst ratings.</a>
<h2>Delving into Lyft's Background</h2>
Lyft is the second-largest ride-sharing service provider in the US and Canada, connecting riders and drivers over the Lyft app. Incorporated in 2013 and public since 2019, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft has entered the bike- and scooter-share market to bring multimodal transportation options to users.
<h3>Breaking Down Lyft's Financial Performance</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Over the 3M period, Lyft showcased positive performance, achieving a revenue growth rate of 13.54% as of 31 March, 2025. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 0.18%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 0.32%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Lyft's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.05%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Lyft's debt-to-equity ratio surpasses industry norms, standing at 1.41. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Verdict: Lyft In The Eyes Of 13 Experts

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