LYFT gains edge over GRAB with rising gross bookings, an inexpensive valuation and standout price performance.
LYFT's gross bookings rose 13% to $4.6 billion in the first quarter as active riders hit a record, boosted by new markets and its Price Lock feature.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
The latest trading day saw Lyft (LYFT) settling at $14.78, representing a -4.27% change from its previous close.
Lyft (LYFT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Investors interested in stocks from the Internet - Services sector have probably already heard of Lyft (LYFT) and Shopify (SHOP). But which of these two stocks offers value investors a better bang for their buck right now?
LYFT surges 36.7% in 3 months, with strong bookings, upbeat guidance, and a $750 million buyback fueling momentum.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Lyft, Inc. (NASDAQ:LYFT ) BofA Securities 2025 Global Technology Conference June 3, 2025 7:00 PM ET Company Participants Erin Brewer - Chief Financial Officer Conference Call Participants Michael McGovern - Bank of America Michael McGovern Thank you, everyone, for joining us. I'm Michael McGovern, I'm on the Internet team here at Bank of America.
Lyft remains an attractive small-cap pick, boasting strong bookings growth and new market expansion, despite recent stock outperformance. The company recently acquired the German taxi-hailing app FREENOW, marking the company's first major expansion outside of the U.S. and Canada. Product differentiation through partnerships and new features like Lyft Silver enhances its competitive position versus Uber and other rivals.
Lyft (NASDAQ: LYFT) reported robust Q1 2025 results, showing ongoing operational and financial momentum. Gross bookings grew by 13% year-over-year (y-o-y) to $4.2 billion, while revenue increased 14% to $1.5 billion.
LYFT's first-quarter 2025 earnings and revenues improve year over year.