Lyft Inc (NASDAQ:LYFT) has a beta value of 2.22 and has seen 3.02 million shares traded in the recent trading session. The company, currently valued at $6.24B, closed the recent trade at $17740000.0 per share which meant it gained $17739985.47 on the day or 3021789% during that session. The LYFT stock price is 100.0% off its 52-week high price of $19.07 and 100.0% above the 52-week low of $8.93. If we look at the company’s 10-day average daily trading volume, we find that it stood at 12.85 million shares traded. The 3-month trading volume is 17.74 million shares.
The consensus among analysts is that Lyft Inc (LYFT) is Hold stock at the moment, with a recommendation rating of 2.48. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 13 out of 24 have rated it as a Hold, with 11 advising it as a Buy. 0 have rated the stock as Underweight.
Lyft Inc (NASDAQ:LYFT) trade information
Over the past 30 days, the shares of Lyft Inc (NASDAQ:LYFT) have changed -7.14%. Short interest in the company has seen 53.48 million shares shorted with days to cover at 2.42.
Wall Street analysts have a consensus price target for the stock at $23, which means that the shares’ value could drop -77130334.78% from the levels at last check today.. The projected low price target is $18.0 while the price target rests at a high of $28.0. In that case, then, we find that the latest price level in today’s session is 100.0% off the targeted high while a plunge would see the stock lose 100.0% from the levels at last check today..
Lyft Inc (LYFT) estimates and forecasts
The company’s shares have gained 5.85% over the past 6 months.
Earnings growth for 2025 is a modest 8.65% while over the next 5 years, the company’s earnings are expected to increase by 20.51%.
LYFT Dividends
Lyft Inc is expected to release its next earnings report on 2025-May-08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Lyft Inc (NASDAQ:LYFT)’s Major holders
Insiders own 3.86% of the company shares, while shares held by institutions stand at 84.08% with a share float percentage of 87.45%. Investors are also buoyed by the number of investors in a company, with Lyft Inc having a total of 606.0 institutions that hold shares in the company. The top two institutional holders are FMR LLC with over 59.08 million shares worth more than $832.97 million. As of 2024-06-30, FMR LLC held 14.5323% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 34.03 million shares as of 2024-06-30. The firm’s total holdings are worth over $479.86 million and represent 8.3719% of shares outstanding.
