Lyft (NASDAQ:LYFT) Given New $15.50 Price Target at Jefferies Financial Group

Lyft (NASDAQ:LYFT) had its target price cut by Jefferies Financial Group from $20.00 to $15.50 in a report issued on Wednesday,Benzinga reports. They currently have a hold rating on the ride-sharing company’s stock.

Several other equities research analysts have also recently commented on LYFT. Wedbush cut their price target on Lyft from $16.00 to $13.00 and set an “underperform” rating for the company in a report on Wednesday. Morgan Stanley set a $17.00 target price on Lyft in a report on Wednesday. DA Davidson reduced their price target on Lyft from $22.00 to $19.00 and set a “neutral” rating on the stock in a report on Wednesday. The Goldman Sachs Group upped their price objective on shares of Lyft from $21.00 to $26.00 and gave the company a “buy” rating in a report on Friday, November 7th. Finally, Sanford C. Bernstein raised their price objective on shares of Lyft from $22.00 to $23.00 and gave the stock a “market perform” rating in a research report on Monday, November 10th. Ten analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $20.27.

Lyft Price Performance

Shares of Lyft stock traded down $0.52 during trading hours on Wednesday, reaching $13.48. 4,775,086 shares of the company’s stock were exchanged, compared to its average volume of 15,751,182. The business has a fifty day moving average of $18.88 and a two-hundred day moving average of $19.05. The company has a market capitalization of $5.38 billion, a P/E ratio of 1.97, a price-to-earnings-growth ratio of 1.05 and a beta of 1.93. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 1.76. Lyft has a 1 year low of $9.66 and a 1 year high of $25.54.

Lyft announced that its Board of Directors has authorized a stock repurchase program on Tuesday, February 10th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the ride-sharing company to purchase up to 15.1% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling

In related news, Director Jill Beggs sold 1,466 shares of the business’s stock in a transaction that occurred on Friday, November 28th. The stock was sold at an average price of $20.25, for a total transaction of $29,686.50. Following the completion of the sale, the director owned 34,278 shares in the company, valued at $694,129.50. The trade was a 4.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Prashant Aggarwal sold 96,900 shares of Lyft stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $22.30, for a total transaction of $2,160,870.00. Following the sale, the director owned 874,369 shares in the company, valued at $19,498,428.70. This represents a 9.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 187,443 shares of company stock worth $4,178,618 over the last ninety days. Company insiders own 3.07% of the company’s stock.

Hedge Funds Weigh In On Lyft

A number of hedge funds and other institutional investors have recently made changes to their positions in LYFT. Quent Capital LLC acquired a new position in shares of Lyft in the third quarter valued at approximately $34,000. International Assets Investment Management LLC acquired a new stake in shares of Lyft during the fourth quarter worth $40,000. Bogart Wealth LLC grew its position in Lyft by 1,242.2% in the 2nd quarter. Bogart Wealth LLC now owns 2,161 shares of the ride-sharing company’s stock valued at $34,000 after buying an additional 2,000 shares during the last quarter. Huntington National Bank grew its position in Lyft by 171.8% in the 4th quarter. Huntington National Bank now owns 2,174 shares of the ride-sharing company’s stock valued at $42,000 after buying an additional 1,374 shares during the last quarter. Finally, Abich Financial Wealth Management LLC acquired a new position in Lyft in the 3rd quarter valued at $50,000. Hedge funds and other institutional investors own 83.07% of the company’s stock.

Trending Headlines about Lyft

Here are the key news stories impacting Lyft this week:

• Positive Sentiment: Board-authorized $1.0 billion share repurchase (up to ~15% of shares) signals management believes the stock is undervalued; buyback can support EPS and buyback-driven demand. RTT News: Stock Buybacks
• Positive Sentiment: Company reported record Q4 and full‑year 2025 financial results (CEO emphasizes transformational 2026 and AV deployments) — a fundamental positive amid the selloff. BusinessWire: Record Q4 and FY2025 Results
• Neutral Sentiment: Q4 presentation highlighted partnerships and rewards driving higher‑value riders and business travel activations — supports longer‑term monetization but is not an immediate offset to the guidance miss. PYMNTS: Rewards & Partnerships
• Neutral Sentiment: Management pushed back publicly on market reaction (CEO defended results and demand), which may calm some investors but hasn’t erased concerns over the guidance gap. MSN: CEO Fires Back
• Negative Sentiment: Revenue missed expectations and the company issued softer near‑term profitability guidance — the core driver of the pullback as analysts question whether Lyft can hit its 2027 targets. CNBC: Q4 Results & Guidance
• Negative Sentiment: Multiple analyst price‑target cuts and hold/equal‑weight reiterations followed the print (examples: Mizuho, Jefferies, Deutsche Bank, Wells Fargo, Barclays, Truist), increasing selling pressure and reducing near‑term analyst support. Benzinga: Analyst Reaction & PT Cuts
• Negative Sentiment: Market skepticism about the buyback and execution risk: commentary flagged concerns over cash use, execution of repurchases, and whether buybacks mask structural growth issues. TipRanks: Buyback Raises Questions
• Negative Sentiment: Reputational/safety headlines after two drivers were killed in Cleveland within ~36 hours create operational and policy risk concerns that can weigh on sentiment and regulatory scrutiny. MSN: Driver Fatalities in Cleveland

About Lyft

Lyft, Inc (NASDAQ: LYFT) operates a peer-to-peer ridesharing platform that connects passengers with drivers through a mobile application. Since its founding in 2012, the company has expanded beyond traditional ride-hailing to include bike and electric scooter rentals, while also offering rental cars and public transit options in select markets. Lyft’s platform uses GPS mapping and dynamic pricing algorithms to optimize driver-passenger matches and route efficiency.

Headquartered in San Francisco, California, Lyft primarily serves urban and suburban markets across the United States and Canada.