LYFT - Lyft, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
32.31
-0.16 (-0.49%)
As of 9:58AM EDT. Market open.
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Previous close32.47
Open32.95
Bid32.56 x 900
Ask32.72 x 800
Day's range32.24 - 33.00
52-week range14.56 - 68.33
Volume962,556
Avg. volume10,837,059
Market cap9.913B
Beta (5Y monthly)N/A
PE ratio (TTM)N/A
EPS (TTM)-6.25
Earnings date05 Aug 2020 - 10 Aug 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target est48.44
  • The $8 Trillion Megatrend Taking Wall Street By Storm
    Oilprice.com

    The $8 Trillion Megatrend Taking Wall Street By Storm

    As COVID-19 continues to transform our economic reality, two megatrends are converging to create a once in a lifetime investment opportunity

  • Social distancing could be a boon to used car sales
    Yahoo Finance

    Social distancing could be a boon to used car sales

    Social distancing and tight consumer budgets amid COVID-19 may be a boon for the used car industry.

  • The Zacks Analyst Blog Highlights: Tesla, Uber, Lyft and General Motors
    Zacks

    The Zacks Analyst Blog Highlights: Tesla, Uber, Lyft and General Motors

    The Zacks Analyst Blog Highlights: Tesla, Uber, Lyft and General Motors

  • Uber, Lyft ‘essentially ignore US labor laws’: employment expert
    Yahoo Finance

    Uber, Lyft ‘essentially ignore US labor laws’: employment expert

    Companies like Uber and Lyft choose to misclassify their workers and rob them of benefits, said Aquent CEO John Chuang.

  • Face mask rules grow but enforcement proves a challenge
    Associated Press

    Face mask rules grow but enforcement proves a challenge

    Ride-hailing giants Uber and Lyft are requiring drivers and passengers to wear masks while using their services, joining a growing list of transportation companies hoping to mitigate the spread of COVID-19 as some cities emerge from lockdown. All major U.S. airlines have already rolled out requirements for passengers and crew to wear face coverings in response to concerns over contagion, particularly in small or confined spaces that present higher risks of infection than well-ventilated or outdoor settings. “I can’t imagine the stir on the airplane if someone takes off their mask,” said Dennis Tajer, a 737 pilot and spokesman for the pilots’ union at American Airlines.

  • Uber to require all drivers, passengers to wear masks in fight against coronavirus spread
    Yahoo Finance

    Uber to require all drivers, passengers to wear masks in fight against coronavirus spread

    "The next time you open the app things are going to look a little different for both riders and drivers,” Uber CEO Dara Khosrowshahi said on Wednesday.

  • Uber to require drivers, riders to wear masks around the world
    Reuters

    Uber to require drivers, riders to wear masks around the world

    Repeated failure to comply with the requirement can lead to account deactivation for both riders and drivers, the executives said. Before starting their work each day, the app will require drivers to take a selfie with a mask, verify that they do not exhibit any coronavirus symptoms, confirm that they have sanitized their vehicles and agree to roll down windows during rides. Uber's Senior Director of Product Management Sachin Kansal said the company was also looking at adding selfie verifications for riders.

  • GlobeNewswire

    Lyft Announces Pricing of Offering of $650 million of Convertible Senior Notes and Capped Call to Increase Effective Conversion Price to $73.83 (150% Effective Conversion Premium)

    Lyft, Inc. (“Lyft”) (LYFT) today announced the pricing of $650 million aggregate principal amount of Convertible Senior Notes due 2025 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Lyft also granted the initial purchasers of the notes a 13-day option to purchase up to an additional $97.5 million aggregate principal amount of the notes. The sale of the notes to the initial purchasers is expected to settle on May 15, 2020, subject to customary closing conditions, and is expected to result in approximately $637.5 million in net proceeds to Lyft after deducting the initial purchasers’ discount and estimated offering expenses payable by Lyft (assuming no exercise of the initial purchasers’ option to purchase additional notes).

  • Motley Fool

    Why Peloton Stock Is Up

    In this episode of MarketFoolery, Chris Hill chats with Motley Fool analyst Bill Barker about the latest earning releases. They first look at digital transactions and how they are growing as people move away from cash.

  • GlobeNewswire

    Lyft Announces Private Offering of $650 million of Convertible Senior Notes and Capped Call to Increase Effective Conversion Premium to 150%

    Lyft, Inc. (“Lyft”) (LYFT) today announced its intention to offer, subject to market conditions and other factors, $650 million aggregate principal amount of Convertible Senior Notes due 2025 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Lyft also expects to grant the initial purchasers of the notes a 13-day option to purchase up to an additional $97.5 million aggregate principal amount of the notes. The notes will be senior, unsecured obligations of Lyft, and interest will be payable semi-annually in arrears.

  • Rideshare drivers stage caravan protest over Uber's labor practices
    TechCrunch

    Rideshare drivers stage caravan protest over Uber's labor practices

    Hundreds of Uber and Lyft drivers are staging a caravan protest at Uber's San Francisco headquarters to demand Uber comply with gig worker protections law AB-5, pay into the state's unemployment insurance fund and drop the ballot initiative it proposed along with Lyft and DoorDash that aims to keep gig workers classified as independent contractors. "Uber, Lyft and other gig companies are continuing in the same path of abusing and completely taking advantage of workers while putting them at risk," rideshare driver and organizer with Gig Workers Rising Edan Alva told TechCrunch.

  • Lyft's (LYFT) Q1 Loss Narrower Than Expected, Revenues Beat
    Zacks

    Lyft's (LYFT) Q1 Loss Narrower Than Expected, Revenues Beat

    Despite the coronavirus impact, Lyft's (LYFT) top line grew 23% in Q1 on arise in Active Riders and Revenue per Active Rider.

  • Solid Lyft-Uber Q1 Earnings Drive ETFs: Is it Safe to Play?
    Zacks

    Solid Lyft-Uber Q1 Earnings Drive ETFs: Is it Safe to Play?

    Lyft and Uber have seen solid share price movement post Q1 earnings release, benefiting a few ETFs.

  • Lyft to require passengers and drivers to wear masks
    Reuters

    Lyft to require passengers and drivers to wear masks

    Lyft will require both passengers and drivers to wear masks and complete a health certification program, including confirming before each ride that they are not displaying symptoms associated with the novel coronavirus, the company said on Thursday. The move comes as ridesharing companies struggle to maintain revenues with millions of people worldwide under social distancing orders from public health authorities. Lyft has previously committed to distributing masks to its more than one million drivers, focusing on cities where masks are required by law, said Angie Westbrock, head of global operations, although she declined to say how many masks had been or would be distributed.

  • Why Uber Stock Climbed Today
    Motley Fool

    Why Uber Stock Climbed Today

    The numbers encouraged Uber investors ahead of the ridesharing giant's earnings report that came out after hours today. Lyft posted 23% revenue growth to $955.7 million, well ahead of analyst expectations at $897.9 million, and narrowed its adjusted EBITDA loss from $216 million in the quarter a year ago to $85 million, surpassing the company's own guidance, which was provided before the pandemic started.

  • Uber earnings post surprise jump in bookings, revenue, but losses widen to nearly $3B
    Yahoo Finance

    Uber earnings post surprise jump in bookings, revenue, but losses widen to nearly $3B

    Uber's first quarter reflects Corporate America's growing turmoil as the COVID-19 pandemic ricochets across the global economy.

  • Lyft to require drivers and riders to wear face masks
    Yahoo Finance

    Lyft to require drivers and riders to wear face masks

    Lyft drivers and riders will now have to wear face masks or coverings to use the service.

  • Lyft will require face masks for riders and drivers
    TechCrunch

    Lyft will require face masks for riders and drivers

    Lyft today announced a new health initiative that will require drivers and riders to wear face masks or coverings during rides. Additionally, Lyft says it will provide cleaning supplies and masks for drivers. Riders and drivers must all confirm they will cover their faces and not ride or drive with Lyft if they have COVID-19 or any symptoms.

  • Lyft Inc (LYFT) Q1 2020 Earnings Call Transcript
    Motley Fool

    Lyft Inc (LYFT) Q1 2020 Earnings Call Transcript

    LYFT earnings call for the period ending March 31, 2020.

  • Lyft Sees Ridership Begin to Pick Up in April
    Motley Fool

    Lyft Sees Ridership Begin to Pick Up in April

    Lyft (NASDAQ: LYFT), the ride-hailing start-up that just laid off 17% of its workforce, is seeing demand for its core business begin to pick up again in April, albeit very slowly. In the first-quarter earnings results Lyft reported late Wednesday, revenue jumped 23% year over year. Lyft said that while rides were down 75% year over year in April, that figure appears to have hit a bottom in the second week of the month.

  • Why Lyft Stock Was Flying Higher Today
    Motley Fool

    Why Lyft Stock Was Flying Higher Today

    Shares of Lyft (NASDAQ: LYFT) were surging today after the ride-hailing company posted better-than-expected results in the first quarter, showing significant improvement on the bottom line, and as management reassured investors that the company should be able to manage through the pandemic. Despite a sharp decline in rides starting in mid-March, Lyft's revenue rose 23% to $955.7 million, easily beating estimates at $897.9 million. More impressive was Lyft's strong improvement further down the income statement as its adjusted EBITDA loss narrowed from $216 million to $85.2 million, which was better than the company's own guidance before the pandemic for a loss of $140 million to $145 million.

  • Why Lyft Could Be a Smart Way to Play the Recovery
    Motley Fool

    Why Lyft Could Be a Smart Way to Play the Recovery

    Business has plummented during the pandemic, but if the economy bounces back, so should the ridesharing company.

  • Wall Street bullish on Lyft, Uber on lower driver costs, recovery signs
    Reuters

    Wall Street bullish on Lyft, Uber on lower driver costs, recovery signs

    Shares of Lyft surged nearly 22%, while Uber's stock jumped about 9%. As parts of the U.S. economy start to re-open, demand for ride-hailing services is expected to get a boost, following weeks of upheaval in the core businesses of Lyft and Uber due to lockdowns caused by the COVID-19 outbreak. Americans are also expected to turn to ride-hailing as a significant source of income, which in turn will create a supply glut that will help companies such as Lyft and Uber to curb driver incentives and other costs.

  • Following Lyft, Uber Is Now Laying Off 14% of Its Employees
    Motley Fool

    Following Lyft, Uber Is Now Laying Off 14% of Its Employees

    As part of its expense management efforts, Uber had already implemented a hiring freeze in March as the coronavirus outbreak intensified and governments started to enforce stay-at-home orders and other lockdowns. Additionally, CEO Dara Khosrowshahi has also agreed to forgo the rest of his base salary for the year in order to further reduce costs, effective May 2. In an internal memo obtained by CNBC, Khosrowshahi said the need for customer support is "down substantially" due to trip volumes plummeting, while the hiring freeze meant that recruiters have no work.