Roth Capital Predicts Lyft’s Q1 Earnings (NASDAQ:LYFT)

Lyft, Inc. (NASDAQ:LYFT) – Roth Capital upped their Q1 2025 earnings per share (EPS) estimates for shares of Lyft in a research report issued on Wednesday, February 12th. Roth Capital analyst R. Kulkarni now anticipates that the ride-sharing company will post earnings per share of ($0.08) for the quarter, up from their previous forecast of ($0.11). The consensus estimate for Lyft’s current full-year earnings is $0.06 per share. Roth Capital also issued estimates for Lyft’s Q2 2025 earnings at ($0.06) EPS, Q3 2025 earnings at ($0.01) EPS, Q4 2025 earnings at $0.08 EPS and FY2025 earnings at ($0.06) EPS.

LYFT has been the subject of a number of other reports. Roth Mkm raised their price objective on shares of Lyft from $13.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. BMO Capital Markets cut their price target on Lyft from $18.00 to $15.00 and set a “market perform” rating for the company in a report on Wednesday, February 12th. Bank of America increased their price objective on Lyft from $19.00 to $21.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Morgan Stanley boosted their target price on shares of Lyft from $16.50 to $18.00 and gave the company an “equal weight” rating in a research note on Thursday, November 7th. Finally, Wells Fargo & Company cut their price objective on shares of Lyft from $17.00 to $14.00 and set an “equal weight” rating for the company in a research report on Thursday, January 16th. Twenty-six research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Lyft currently has an average rating of “Hold” and an average target price of $17.22.

Lyft Stock Performance

NASDAQ:LYFT opened at $14.01 on Monday. Lyft has a twelve month low of $8.93 and a twelve month high of $20.82. The company has a market capitalization of $5.81 billion, a P/E ratio of -87.56, a price-to-earnings-growth ratio of 1.94 and a beta of 2.16. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.88. The firm has a 50-day moving average price of $13.77 and a two-hundred day moving average price of $13.57.

Lyft (NASDAQ:LYFT) last announced its quarterly earnings results on Tuesday, February 11th. The ride-sharing company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.10). Lyft had a negative net margin of 1.19% and a negative return on equity of 1.58%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Spurstone Advisory Services LLC purchased a new stake in Lyft during the 4th quarter worth $25,000. True Wealth Design LLC acquired a new stake in shares of Lyft during the third quarter valued at about $27,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Lyft during the fourth quarter worth about $29,000. ORG Wealth Partners LLC acquired a new position in shares of Lyft in the fourth quarter worth about $31,000. Finally, Byrne Asset Management LLC acquired a new stake in Lyft during the 4th quarter valued at approximately $35,000. 83.07% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Lyft

In other Lyft news, Director Logan Green sold 10,919 shares of the stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $17.25, for a total value of $188,352.75. Following the completion of the sale, the director now owns 314,492 shares of the company’s stock, valued at $5,424,987. This trade represents a 3.36 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 3.07% of the company’s stock.

Lyft declared that its Board of Directors has initiated a share buyback plan on Tuesday, February 11th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the ride-sharing company to repurchase up to 8.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

About Lyft

Lyft, Inc operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It operates multimodal transportation networks that offer access to various transportation options through the Lyft platform and mobile-based applications. The company's platform provides a ridesharing marketplace, which connects drivers with riders; Express Drive, a car rental program for drivers; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips.