Lyft Inc (LYFT) Stock Forecast & Predictions

Lyft Inc Cls A LYFT: $60.705

185 Berry St Ste 5000, San Francisco, California, US. | Sector: Transportation and Warehousing | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: https://www.lyft.com/

  • Market Cap$20.30B
  • Change (52 Weeks)118.09%
  • Low (52 Weeks)$21.34
  • Lyft Inc (LYFT) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Lyft Inc (LYFT) is based on 46 Institutional Analyst Ratings where 43.48% are on Strong Buy, 21.74% on Moderate Buy, 30.43% remains on Hold, 0.00% are on Moderate Sell and 4.35% are on Strong Sell.

    Out of 46 Institutional Analysts, majority recommended LYFT stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Lyft Inc.

    Lyft Inc (LYFT) Stock Price Prediction By Analysts


    HighLowAverage
    $92.40$30.30$68.46
    $68.4612.77% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for LYFT set by the institutional analysts is $68.46 where High Estimate is $92.40, Median $70.89 and Low $30.30.

    The average price target for LYFT by Institutional Analysts is $68.46, which is 12.77% Upside from the current price. So according to the Institutional Analysts, LYFT Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Lyft Inc (LYFT) Stock Forecast Based on News Sentiment


    Neutral
    Based on 6 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of LYFT consisting of positive and negative, it shows that Lyft Inc had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so LYFT stock price most likey won't have any reaction to last weeks news coverage.

    Lyft Inc (LYFT) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    NomuraNeutralInitiated
    Vertical ResearchBuyInitiated
    Morgan StanleyEqual-WeightMaintained
    WedbushOutperformMaintained
    NeedhamBuyMaintained
    WedbushOutperformMaintained
    SusquehannaPositiveMaintained
    Piper SandlerOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    DA DavidsonBuyMaintained
    Credit SuisseOutperformMaintained
    Canaccord GenuityBuyMaintained
    KeyBancOverweightMaintained
    Wells FargoOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    BTIGBuyMaintained
    KeyBancOverweightMaintained
    Piper SandlerOverweightUpgraded
    WedbushOutperformMaintained
    NeedhamBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    DA DavidsonBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    JP MorganOverweightMaintained
    CitigroupBuyMaintained
    WedbushOutperformMaintained
    StifelHoldMaintained
    Morgan StanleyEqual-WeightMaintained
    BTIGBuyMaintained
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    Deutsche BankBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Raymond JamesMarket PerformReiterated
    Northcoast ResearchNeutralDowngraded
    BTIGBuyInitiated
    WedbushOutperformMaintained
    DA DavidsonBuyMaintained
    StifelHoldDowngraded
    SunTrust Robinson HumphreyBuyMaintained
    UBSBuyMaintained
    RBC CapitalOutperformMaintained
    Piper SandlerNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    MKM PartnersNeutralMaintained
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    CFRAHoldMaintained
    CitigroupBuyReiterated
    NeedhamBuyMaintained
    Raymond JamesOutperformMaintained
    UBSBuyMaintained
    Argus ResearchBuyInitiated
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    JP MorganOverweightMaintained
    NeedhamBuyInitiated
    BenchmarkHoldUpgraded
    KeyBancOverweightInitiated
    Wells FargoOverweightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    StifelBuyMaintained
    RBC CapitalOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsBuyMaintained
    Northcoast ResearchBuyUpgraded
    UBSBuyMaintained
    BernsteinMarket PerformInitiated
    BenchmarkSellInitiated
    Loop CapitalBuyUpgraded
    UBSBuyMaintained
    Stifel NicolausBuyMaintained
    Goldman SachsBuyUpgraded
    DA DavidsonBuyMaintained
    BarclaysEqual-WeightMaintained
    Morgan StanleyEqual-WeightInitiated
    Wolfe ResearchPeer PerformUpgraded
    MKM PartnersNeutralInitiated
    Wells FargoOutperformInitiated
    HSBCBuyUpgraded
    Deutsche BankBuyInitiated
    CitigroupBuyMaintained
    GuggenheimBuyUpgraded
    WedbushOutperformUpgraded
    JP MorganOverweightMaintained
    Credit SuisseOutperformMaintained
    Canaccord GenuityBuyMaintained
    Atlantic EquitiesNeutralUpgraded
    Stifel NicolausBuyMaintained
    Monness Crespi HardtNeutralInitiated
    Evercore ISI GroupOutperformInitiated
    SusquehannaPositiveUpgraded
    SunTrust Robinson HumphreyBuyInitiated
    RBC CapitalOutperformInitiated
    Loop CapitalHoldInitiated
    CitiBuyInitiated
    BTIGBuyInitiated
    BarclaysEqual-WeightInitiated
    Stifel NicolausBuyMaintained
    Atlantic EquitiesUnderweightInitiated
    Tigress FinancialBuyInitiated
    Tigress FinancialBuyInitiated
    UBSBuyInitiated
    StifelBuyInitiated
    Raymond JamesOutperformInitiated
    PiperJaffrayOverweightInitiated
    KeyBancSector WeightInitiated
    JP MorganOverweightInitiated
    JMP SecuritiesMarket OutperformInitiated
    JefferiesBuyInitiated
    Credit SuisseOutperformInitiated
    Cowen & Co.OutperformInitiated
    Canaccord GenuityBuyInitiated
    SusquehannaNeutralInitiated
    HSBCHoldInitiated
    Seaport GlobalSellInitiated
    Cross ResearchBuyInitiated
    GuggenheimNeutralInitiated

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-0.89$-0.93302460000000012020-09-30
    $-0.86$-1.02493679999999992020-06-30
    $-1.09$-0.64557842020-03-31
    $-1.19$-1.40334662019-12-31
    $-1.57$-1.692692019-09-30
    $-2.23$-1.84474142019-06-30
    $-48.53$-5.9149800000000012019-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).