Lyft, Inc. (0A2O.L)
| Previous close | 14.09 |
| Open | 14.41 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 13.79 - 13.80 |
| 52-week range | 7.85 - 18.32 |
| Volume | |
| Avg. volume | 16,712 |
| Market cap | N/A |
| Beta (5Y monthly) | 2.03 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 07 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Business Wire
Lyft To Announce First Quarter 2024 Financial Results
SAN FRANCISCO, April 18, 2024--Lyft, Inc. (Nasdaq: LYFT) (the "Company" or "Lyft") will release financial results for the first quarter of 2024 after the close of the market on Tuesday, May 7, 2024.
- Yahoo Finance Video
How Lyft and DoorDash could benefit from a partnership: Analyst
Shares of Lyft (LYFT) and DoorDash (DASH) are trading higher Monday afternoon as both companies received an upgrade from RBC Capital Markets from Sector Perform to Outperform. The firm also investigated what a potential partnership between the two companies could look like. RBC Capital Markets equity analyst Brad Erickson joins Yahoo Finance to discuss the decision behind the call and explain the strengths of platform cross-loyalty. Erickson elaborates on the positives for both of these companies: "On Lyft, we do a proprietary analysis that's basically got a lot better for Lyft as of last August and has continued to improve. We think they're operating on relatively equal footing now meaning competing with Uber (UBER)... The stock is not priced for them to compete with Uber. On the DoorDash front, it's an even simpler call where we think numbers are too low. We like the fact that the way that somebody starts out ordering a DoorDash once a month or twice a year, whatever, that frequency has shown a continuous ability to grow predictably. Betting against DoorDash here is like betting against the macro from a consumer slowdown standpoint and again we think numbers are going to be moving up and that's not appreciated." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
- Yahoo Finance Video
DoorDash and Lyft should team up, analyst says
Shares of both Lyft (LYFT) and DoorDash (DASH) are on the rise in early trading on Monday after RBC Capital Markets upgraded both stocks to Outperform from Sector Perform. Analyst Brad Erickson believes the companies could benefit from an "opportunity to work together vs. a common competitor that could create significant value for both." However, the potential opportunities he sees are more like a loyalty partnership rather than DoorDash buying Lyft, for example. Yahoo Finance's Brad Smith and Seana Smith discuss the note in the video above. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich
