Lyft, Inc. (NASDAQ:LYFT) shares are trading lower Wednesday after the company reported worse-than-expected fourth-quarter revenue results on Tuesday after the market closed.
- Lyft shares are retreating from recent levels. What’s weighing on LYFT shares?
Q4 Results, Share Buyback And Outlook
Lyft reported revenue of $1.59 billion, missing the consensus estimate of $1.75 billion. In addition, the company reported adjusted earnings per share of 15 cents, beating the consensus estimate of 12 cents.
Gross bookings increased 19% year over year to $5.1 billion. The company said results included a $168 million impact from certain legal, tax and regulatory reserve changes and settlements.
Net income totaled $2.8 billion, which included a benefit from the release of a valuation allowance, compared with $61.7 million in the prior-year quarter. Adjusted EBITDA increased 37% year over year to $154.1 million.
Active riders increased 18% year over year in the fourth quarter to 29.2 million. Rides grew 14% in 2025 to 945.5 million.
Lyft’s board authorized a new $1 billion share repurchase program.
For the first quarter of 2026, the company expects gross bookings of approximately $4.86 billion to $5.00 billion, representing growth of about 17% to 20% year over year.
Consensus Ratings And Analyst Changes
Lyft has a consensus rating of Neutral and a consensus price target of $21.25. Recent actions include:
- Deutsche Bank analyst Benjamin Black maintained a Hold rating on Lyft and lowered the price target from $25 to $16.
- Truist Securities analyst Youssef Squali maintained a Hold rating on Lyft and lowered the price target from $23 to $18.
- Cantor Fitzgerald analyst Deepak Mathivanan maintained a Neutral rating on Lyft and lowered the price target from $21 to $14.
Technical Analysis: Trading Below Key Averages With Mixed Momentum
Currently, Lyft is trading 19% below its 20-day simple moving average (SMA) and 29.5% below its 100-day SMA, indicating significant weakness in the short to medium term. Shares have increased 17.10% over the past 12 months and are currently positioned closer to their 52-week lows than highs.
The RSI is at 41.01, which is considered neutral territory, while the MACD is below its signal line, indicating bearish pressure on the stock. The combination of neutral RSI and bearish MACD suggests mixed momentum.
- Key Resistance: $16.00
- Key Support: $13.00
Benzinga Edge Rankings
Below is the Benzinga Edge scorecard for Lyft, highlighting its strengths and weaknesses compared to the broader market:
- Value: Weak (Score: 2.12) — Trading at a steep premium relative to peers.
- Growth: Neutral (Score: 45.45) — Growth prospects remain stable.
- Momentum: Strong (Score: 70.83) — Stock is outperforming the broader market.
The Verdict: Lyft’s Benzinga Edge signal reveals a mixed outlook. While the stock shows strong momentum, the weak value score suggests caution for potential investors.
Lyft Shares Fall Lower
LYFT Price Action: At the time of writing, Lyft shares are trading 16.92% lower at $13.99, according to data from Benzinga Pro.
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