Previous Close | 68.64 |
Open | 0.00 |
Bid | 0.00 x N/A |
Ask | 0.00 x N/A |
Day's Range | 0.00 - 0.00 |
52 Week Range | |
Volume | |
Avg. Volume | 385 |
Market Cap | 142.135B |
Beta (5Y Monthly) | 1.34 |
PE Ratio (TTM) | 36.29 |
EPS (TTM) | 1.86 |
Earnings Date | Feb 05, 2025 - Feb 10, 2025 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 67.29 |
Lyft (LYFT) shares jumped nearly 23% following better-than-expected third quarter revenue. Lyft CEO David Richard joins Yahoo Finance live to discuss his optimism for future growth, driven by record highs in both rider numbers and driver hours. “I'm seeing customer obsession that's driving profitable growth,” Richard tells Julie Hyman and Josh Lipton. “When you pick people up fast, you price well, you do a good job, increase the service level, great things happen,” he said. Highlighting Lyft’s strong commuter demand, the rideshare’s new “Price Lock” feature, and the company’s DoorDash (DASH) partnership, Richard said that the scale of competitors like Uber (UBER) won’t leave them at a disadvantage. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Cindy Mizaku.
Lyft stock jumped Thursday as several analysts lifted their price targets for the ridesharing company after its third-quarter results and fourth-quarter outlook came in better than expected.