In last trading session, Lyft Inc (NASDAQ:LYFT) saw 16.91 million shares changing hands with its beta currently measuring 2.17. Company’s recent per share price level of $13.46 trading at $0.07 or 0.52% at ring of the bell on the day assigns it a market valuation of $5.63B. That closing price of LYFT’s stock is at a discount of -54.68% from its 52-week high price of $20.82 and is indicating a premium of 33.66% from its 52-week low price of $8.93.
For Lyft Inc (LYFT), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.39. Splitting up the data highlights that, out of 24 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 13 suggested the stock as a Hold whereas 11 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Lyft Inc (NASDAQ:LYFT) trade information
Upright in the green during last session for gaining 0.52%, in the last five days LYFT remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $13.46 price level, adding 6.72% to its value on the day. Lyft Inc’s shares saw a change of 4.34% in year-to-date performance and have moved 1.58% in past 5-day. Lyft Inc (NASDAQ:LYFT) showed a performance of -1.54% in past 30-days.
Wall Street analysts have assigned a consensus price target of 17 to the stock, which implies a rise of 20.82% to its current value. Analysts have been projecting 13 as a low price target for the stock while placing it at a high target of 26. It follows that stock’s current price would jump 3.42% in reaching the projected high whereas dropping to the targeted low would mean a gain of 3.42% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around 3.67% while estimates for its earnings growth in next 5 years are of 19.46%.
Lyft Inc (NASDAQ:LYFT)’s Major holders
FMR LLC is the top institutional holder at LYFT for having 59.08 million shares of worth $832.97 million. And as of 2024-06-30, it was holding 14.7118 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 34.03 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.4753 of outstanding shares, having a total worth of $479.86 million.
On the other hand, Vanguard Total Stock Market Index Fund and Fidelity Blue Chip Growth Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 11.0 shares of worth $148.12 million or 2.69% of the total outstanding shares. The later fund manager was in possession of 10.38 shares on Dec 31, 2024 , making its stake of worth around $139.67 million in the company or a holder of 2.53% of company’s stock.
