Arete downgraded Lyft (LYFT) to Sell from Neutral with a price target of $10, down from $19. The firm believes Uber (UBER) is forcing Lyft to “sacrifice” margins in order to maintain growth.

Lyft is set to begin the use of autonomous vehicles in its fleet starting in Dallas "as soon as 2026," CEO David Risher posted on X, formerly Twitter. The rideshare company is slated to partner ...

In a report released today, Rohit Kulkarni from Roth MKM maintained a Hold rating on Lyft (LYFT – Research Report), with a price target of $16.00. The company’s shares closed yesterday at $14.39.

Lee Sperry, a San Diego ride-hailing driver, has spent the past year pushing for better treatment from Uber and Lyft as a member of the advocacy group San Diego Drivers United. But lately ...

Feb 12 (Reuters) - Lyft (LYFT.O), opens new tab shares slumped about 9% on Wednesday after the ride-hailing company warned that lower pricing trends from late last year are expected to continue in ...

The intense competition Lyft Inc. faces from rival Uber Technologies Inc. is threatening to pressure its margins, according to an analyst who has become the lone bear on the stock. Arete Research ...

Gross bookings forecast for Q1 falls short of estimates Lower prices in Q4 continued into the first quarter Lyft rolls out first share buyback program Shares of the San Francisco-based firm fell ...

Shares of Lyft Inc. plunged after the company gave a disappointing outlook for first-quarter gross bookings, warning that cold weather has hurt demand for ride hails and bike rentals. Gross ...

The 500-pound rapper who is suing Lyft after she allegedly was denied a ride due to her weight requested a couch instead of the chair that had been provided when she sat down for an interview with ...

At the same time, Uber drivers worked 0.8% more hours in 2024. Lyft drivers, meanwhile, worked 5.4% fewer hours in 2024, but saw their pay decline at a faster clip of 13.9% to $318 a week.

SAN FRANCISCO, February 11, 2025--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq:LYFT) today announced financial results for the fourth quarter and full year ended December 31, 2024. "2024 was a record ...

Lyft has partnered with Japenese company Marubeni to offer driverless rides. The company says the robotaxis will be in Dallas as soon as 2026. DALLAS - Lyft says it will bring autonomous robotaxis ...