The price of Lyft Inc (NASDAQ:LYFT) shares last traded on Wall Street fell -0.72% to $15.24.
LYFT stock price is now 15.82% away from the 50-day moving average and 13.28% away from the 200-day moving average. The market capitalization of the company currently stands at $6.41B.
With the price target maintained at $20, Goldman recently Upgraded its rating from Neutral to Buy for Lyft Inc (NASDAQ: LYFT). On April 16, 2025, Oppenheimer recently initiated its ‘Outperform’ rating on the stock quoting a target price of $15, while ‘BofA Securities’ rates the stock as ‘Underperform’
In other news, Beggs Jill, Director sold 1,572 shares of the company’s stock on May 28 ’25. The stock was sold for $25,797 at an average price of $16.41. Upon completion of the transaction, the Director now directly owns 20,467 shares in the company, valued at $0.31 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 29 ’25, Chief Executive Officer Risher John David bought 6,538 shares of the business’s stock. A total of $99,995 was incurred on buying the stock at an average price of $15.29. This leaves the insider owning 11,791,340 shares of the company worth $179.7 million. A total of 9.27% of the company’s stock is owned by insiders.
During the past 12 months, Lyft Inc has had a low of $8.93 and a high of $19.07. As of last week, the company has a debt-to-equity ratio of 1.47, a current ratio of 0.77, and a quick ratio of 0.77.
The net profit margin was 0.95% and return on equity was 8.56% for LYFT. The company reported revenue of $1.45 billion for the quarter, compared to $1.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.54 percent.
