We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here's Why Investors Should Bet on LYFT Stock Right Now
Read MoreHide Full Article
Key Takeaways
LYFT shares soared 66.1% in a year, outpacing the Internet Services industry's 51.3% gain.
Q2 2025 rides jumped 14% to 234.8M, while active riders climbed 10% to 26.1M, both record highs.
A Waymo partnership positions LYFT for autonomous ride-hailing, boosting future growth prospects.
Lyft’s (LYFT - Free Report) robust operational performance is bolstering the company’s prospects. The company’s proactive initiative to maximize fleet utilization and expand rider access is also commendable. Due to these tailwinds, LYFT shares have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, it’s time to do so.
Let’s delve deeper.
LYFT’s Northward Earnings Estimate Revision: The Zacks Consensus Estimate for the upcoming-quarter earnings has been revised upward by 10.7% over the past 60 days and is pegged at 31 cents per share. Meanwhile, the Zacks Consensus Estimate for 2026 earnings is pegged at $1.42 per share, indicating 6% rise over the past 60 days.
Robust Price Performance: A look at the company’s price trend reveals that its shares have risen 65.2% in a year, surpassing the Zacks Internet - Services industry’s 48.8% growth.
Image Source: Zacks Investment Research
Positive Earnings Surprise History: LYFT has a mixed earnings surprise history, as the company's earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters and missed in the remaining two, delivering an average surprise of 15.76%.
Solid Zacks Rank: LYFT currently carries a Zacks Rank #2 (Buy).
Bullish Industry Rank: The industry to which Lyft belongs currently has a Zacks Industry Rank of 100 (out of 246). Such a favorable rank places it in the top 41% of Zacks Industries.Studies show that 50% of a stock price movement is directly related to the performance of the industry group to which it belongs.
A mediocre stock within a strong group is likely to outperform a robust stock in a weak industry. Hence, reckoning the industry’s performance becomes imperative.
Growth Factors: Lyft is benefiting from its partnership with Waymo by preparing to launch fully autonomous ride-hailing in Nashville in 2026. The launch will combine Waymo’s proven driverless technology with Lyft’s Flexdrive-powered fleet management for operations, maintenance and charging support. The association aims to integrate Waymo’s AVs into both the Waymo and Lyft apps to maximize fleet utilization and expand rider access. By advancing this collaboration, Lyft is strengthening its hybrid model that blends human drivers with autonomous vehicles, positioning itself to capture future demand.
In the second quarter of 2025, the company recorded strong operational momentum, with rides rising 14% year over year to 234.8 million and active riders increasing 10% to 26.1 million, both reaching all-time highs. Dual-app driver preference climbed to 29 percentage points from 6 a year earlier. Lyft Silver achieved strong adoption with nearly 80% retention, while business travelers with linked accounts were nearly four times more likely to choose premium rides.
LTM has an expected earnings growth rate of 45% for the current year. The company has a mixed earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters, missed once and met in the remaining one, delivering an average beat of 4.04%.
SKYW currently carries a Zacks Rank #2.
SkyWest has an expected earnings growth rate of 28.06% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 21.92%.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Here's Why Investors Should Bet on LYFT Stock Right Now
Key Takeaways
Lyft’s (LYFT - Free Report) robust operational performance is bolstering the company’s prospects. The company’s proactive initiative to maximize fleet utilization and expand rider access is also commendable. Due to these tailwinds, LYFT shares have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, it’s time to do so.
Let’s delve deeper.
LYFT’s Northward Earnings Estimate Revision: The Zacks Consensus Estimate for the upcoming-quarter earnings has been revised upward by 10.7% over the past 60 days and is pegged at 31 cents per share. Meanwhile, the Zacks Consensus Estimate for 2026 earnings is pegged at $1.42 per share, indicating 6% rise over the past 60 days.
Robust Price Performance: A look at the company’s price trend reveals that its shares have risen 65.2% in a year, surpassing the Zacks Internet - Services industry’s 48.8% growth.
Image Source: Zacks Investment Research
Positive Earnings Surprise History: LYFT has a mixed earnings surprise history, as the company's earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters and missed in the remaining two, delivering an average surprise of 15.76%.
Solid Zacks Rank: LYFT currently carries a Zacks Rank #2 (Buy).
Bullish Industry Rank: The industry to which Lyft belongs currently has a Zacks Industry Rank of 100 (out of 246). Such a favorable rank places it in the top 41% of Zacks Industries.Studies show that 50% of a stock price movement is directly related to the performance of the industry group to which it belongs.
A mediocre stock within a strong group is likely to outperform a robust stock in a weak industry. Hence, reckoning the industry’s performance becomes imperative.
Growth Factors: Lyft is benefiting from its partnership with Waymo by preparing to launch fully autonomous ride-hailing in Nashville in 2026. The launch will combine Waymo’s proven driverless technology with Lyft’s Flexdrive-powered fleet management for operations, maintenance and charging support. The association aims to integrate Waymo’s AVs into both the Waymo and Lyft apps to maximize fleet utilization and expand rider access. By advancing this collaboration, Lyft is strengthening its hybrid model that blends human drivers with autonomous vehicles, positioning itself to capture future demand.
In the second quarter of 2025, the company recorded strong operational momentum, with rides rising 14% year over year to 234.8 million and active riders increasing 10% to 26.1 million, both reaching all-time highs. Dual-app driver preference climbed to 29 percentage points from 6 a year earlier. Lyft Silver achieved strong adoption with nearly 80% retention, while business travelers with linked accounts were nearly four times more likely to choose premium rides.
Other Stocks to Consider
Investors interested in the Transportationsector may also consider LATAM Airlines Group (LTM - Free Report) and SkyWest (SKYW - Free Report) .
LTM currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
LTM has an expected earnings growth rate of 45% for the current year. The company has a mixed earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters, missed once and met in the remaining one, delivering an average beat of 4.04%.
SKYW currently carries a Zacks Rank #2.
SkyWest has an expected earnings growth rate of 28.06% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 21.92%.