Lyft Inc (NASDAQ:LYFT) has a beta value of 2.28 and has seen 2.77 million shares traded in the recent trading session. The company, currently valued at $6.21B, closed the recent trade at $14.77 per share which meant it lost -$0.11 on the day or -0.77% during that session. The LYFT stock price is -29.11% off its 52-week high price of $19.07 and 39.54% 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 13.32 million shares traded. The 3-month trading volume is 16.45 million shares.
The consensus among analysts is that Lyft Inc (LYFT) is Hold stock at the moment, with a recommendation rating of 2.45. 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
Sporting -0.77% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the LYFT stock price touched $14.77 or saw a rise of 6.7%. Year-to-date, Lyft Inc shares have moved 12.62%, while the 5-day performance has seen it change -5.72%. Over the past 30 days, the shares of Lyft Inc (NASDAQ:LYFT) have changed -0.10%. Short interest in the company has seen 57.12 million shares shorted with days to cover at 3.66.
Wall Street analysts have a consensus price target for the stock at $23, which means that the shares’ value could jump 35.78% 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 -89.57% off the targeted high while a plunge would see the stock gain -21.87% from the levels at last check today..
Lyft Inc (LYFT) estimates and forecasts
The company’s shares have gained 13.66% over the past 6 months.
Earnings growth for 2025 is a modest 6.74% while over the next 5 years, the company’s earnings are expected to increase by 20.02%.
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 3.84% of the company shares, while shares held by institutions stand at 84.00% with a share float percentage of 87.35%. Investors are also buoyed by the number of investors in a company, with Lyft Inc having a total of 602.0 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.
Also the top two Mutual Funds that are holding company’s shares are Columbia Fd.s Series TRT II-Columbia Seligman Technology and Informati and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Feb 28, 2025 , the former fund manager holds about 3.27% shares in the company for having 13.48 shares of worth $199.78 million while later fund manager owns 11.67 shares of worth $172.95 million as of Mar 31, 2025 , which makes it owner of about 2.83% of company’s outstanding stock.
