Lyft forecast current-quarter gross bookings below estimates on Tuesday, as its jostles for more riders with larger rival Uber Technologies , while wildfires and extreme weather events disrupted its business in some key markets.
Lyft Inc. LYFT is gearing up to report its fourth-quarter earnings after the market on Tuesday, with analysts expecting 22 cents per share in earnings and $1.56 billion in revenue.
Lyft, Inc. LYFT will release its fourth-quarter financial results after the closing bell on Tuesday, Feb. 11.
Late on Monday, Lyft Inc. (LYFT) announced plans to launch robotaxis as soon as 2026 alongside Mobileye (MBLY) and Maurbeni. The deal will compete with Tesla (TSLA) and Alphabet's (GOOGL) Waymo, all while Uber Technologies (UBER) ramps up focus on autonomous tech.
Shares of Lyft (LYFT) and autonomous driving developer Mobileye (MBLY) are both rising on Monday after the rideshare giant announced plans to launch robotaxis in Dallas, Texas, through this partnership as early as 2026. Julie Hyman and Josh Lipton report more on this news around Lyft's partnership with Mobileye.
The Wall Street Journal reports that an Elon Musk-led group is building a $97.4 billion bid to buy OpenAI. The development comes as Lyft Inc. (LYFT) races for a robotaxi launch in 2026 alongside Mobileye and Marubeni.
Lyft is reportedly aiming to bring autonomous robotaxis to its app as soon as next year. The service would launch first in Dallas with additional markets to follow, TechCrunch reported Monday (Feb. 10), citing comments from a company executive.
Mobileye (NASDAQ:MBLY) shares surged more than 14% after it was announced that Lyft Inc (NASDAQ:LYFT) will launch Mobileye-powered robotaxis in Dallas as soon as 2026. Shares of Mobileye, a leading provider of advanced driver assistance systems (ADAS) and autonomous vehicle (AV) technology, added 14.1% at about $18 late morning, while Lyft stock was up 3.1%.
Lyft says it will bring fully autonomous robotaxis to its app ‘as soon as 2026.'
U.S. ride-hailing firm Lyft is planning to launch fully autonomous robotaxis, powered by Mobileye , to its app "as soon as 2026" in Dallas, TechCrunch reported on Monday.
Ride-hail giant Lyft plans to bring fully autonomous robotaxis, powered by Mobileye, to its app “as soon as 2026” in Dallas, with more markets to follow, TechCrunch has exclusively learned.
If you asked the professional analyst community about ride-sharing company Lyft (LYFT 0.71%), they'd collectively tell you that the stock has strong upside potential. As of this writing, the average price target from analysts is $18.69 per share, according to the 32 analysts tracked by TipRanks.