On Nov 08, major Wall Street analysts update their ratings for $Lyft Inc (LYFT.US)$, with price targets ranging from $16 to $23.
Morgan Stanley analyst Brian Nowak maintains with a hold rating, and adjusts the target price from $16.5 to $18.
Goldman Sachs analyst Eric Sheridan maintains with a hold rating, and sets the target price at $20.
Barclays analyst Ross Sandler maintains with a hold rating, and maintains the target price at $20.
UBS analyst Stephen Ju maintains with a hold rating, and adjusts the target price from $12 to $18.
Wells Fargo analyst Ken Gawrelski maintains with a hold rating, and adjusts the target price from $12 to $17.
Furthermore, according to the comprehensive report, the opinions of $Lyft Inc (LYFT.US)$'s main analysts recently are as follows:
Lyft's unexpected increase in free cash flow during Q3 was partially due to an insurance mix and underlying margin improvement. The company's core metrics largely met expectations, displaying steady growth trends in ride-hailing activities during the second half of the year, which contrasts with Uber's performance.
Lyft's recent financial outcomes, which surpassed Street forecasts, demonstrated strong performance in bookings, revenue, and EBITDA. Their guidance for the upcoming quarter suggests bookings that exceed previous market expectations, coupled with EBITDA projections that are significantly higher than forecasted by analysts.
Lyft has shown profitable growth, which is reflected in better-than-expected bookings for Q3/Q4. This, along with operational efficiencies and expenditure discipline, has resulted in strong EBITDA performance.
The firm noted that Lyft's Q3 revenue exceeded expectations by 6%, spurred by robust demand and a record number of rides, while EBITDA surpassed consensus estimates by 14%, indicating efficiency in incentives.
The company's Q3 Bookings growth of 16% surpassed projections, bolstered by its Canadian expansion and back-to-school activations that were more robust than anticipated. While these figures did exceed forecasts, there remains a need for more substantial evidence of the longevity of these trends and the implications of the partnership with a peer company, which is anticipated to bear fruit in the latter half of FY25.
Here are the latest investment ratings and price targets for $Lyft Inc (LYFT.US)$ from 19 analysts:
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美東時間11月8日，多家華爾街大行更新了$Lyft Inc (LYFT.US)$的評級，目標價介於16美元至23美元。
摩根士丹利分析師Brian Nowak維持持有評級，並將目標價從16.5美元上調至18美元。
高盛集團分析師Eric Sheridan維持持有評級，目標價20美元。
巴克萊銀行分析師Ross Sandler維持持有評級，維持目標價20美元。
瑞士銀行分析師Stephen Ju維持持有評級，並將目標價從12美元上調至18美元。
富國集團分析師Ken Gawrelski維持持有評級，並將目標價從12美元上調至17美元。
此外，綜合報道，$Lyft Inc (LYFT.US)$近期主要分析師觀點如下：
Lyft在第三季度意外增加的自由現金流部分是由於保險組合和基礎利潤改善。該公司的核心指標在很大程度上符合預期，在年下半年的順風出行活動中展示出穩定的增長趨勢，這與Uber的表現形成鮮明對比。
Lyft最近的財務業績超過了街頭預測，展示了訂車量、營業收入和EBITDA的強勁表現。他們對即將到來的季度的指導顯示，預計訂車量將超過先前的市場預期，同時EBITDA預測遠高於分析師的預測。
Lyft已經展現出盈利增長，體現在第三季度/第四季度的訂車量優於預期。這與運營效率和支出紀律以及強勁的EBITDA表現有關。
公司指出Lyft的第三季度營業收入超出預期6%，得益於強勁的需求和創紀錄的搭乘次數，而EBITDA超過共識估計14%，表明激勵措施的效率。
公司第三季度的訂車量增長16%，超過預期，得益於加拿大業務的擴張和比預期更爲強勁的返校激活。雖然這些數字確實超出了預測，但還需要更多有關這些趨勢持久性的實質證據及與同行公司合作伙伴關係的影響的跡象，預計該合作將在2025財年下半年見效。
以下爲今日19位分析師對$Lyft Inc (LYFT.US)$的最新投資評級及目標價：
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