Lyft, Inc. LYFT will release its fourth-quarter financial results after the closing bell on Tuesday, Feb. 11.
Analysts expect the San Francisco, California-based company to report a quarterly loss at 1 cent per share, versus a year-ago loss of 6 cents per share. Lyft projects quarterly revenue of $1.54 billion, compared to $1.22 billion a year earlier, according to data from Benzinga Pro.
Lyft shares gained on Monday following a report indicating the company could launch robotaxis as soon as 2026.
Lyft shares gained 6.7% to close at $15.12 on Monday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
- UBS analyst Lloyd Walmsley maintained a Neutral rating and cut the price target from $18 to $16 on Feb. 3, 2025. This analyst has an accuracy rate of 86%.
- B of A Securities analyst Michael McGovern maintained a Buy rating and cut the price target from $21 to $19 on Jan. 29, 2025. This analyst has an accuracy rate of 66%.
- Wells Fargo analyst Ken Gawrelski maintained an Equal-Weight rating and lowered the price target from $17 to $14 on Jan. 16, 2025. This analyst has an accuracy rate of 74%.
- Wedbush analyst Scott Devitt maintained a Neutral rating and cut the price target from $20 to $18 on Jan. 6, 2025. This analyst has an accuracy rate of 84%.
- Benchmark analyst Michael Ward upgraded the stock from Hold to Buy with a price target of $20 on Jan. 6, 2025. This analyst has an accuracy rate of 76%.
Considering buying LYFT stock? Here’s what analysts think:
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