Lyft (LYFT) ended the recent trading session at $19.53, demonstrating a -1.71% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.53%. Meanwhile, the Dow gained 0.52%, and the Nasdaq, a tech-heavy index, added 0.52%.
Shares of the ride-hailing company have depreciated by 9.52% over the course of the past month, underperforming the Computer and Technology sector's gain of 2.01%, and the S&P 500's gain of 0.71%.
The investment community will be closely monitoring the performance of Lyft in its forthcoming earnings report. The company is scheduled to release its earnings on November 5, 2025. The company's upcoming EPS is projected at $0.3, signifying a 3.45% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $1.71 billion, showing a 12.1% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.18 per share and revenue of $6.53 billion, which would represent changes of +24.21% and +12.91%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Lyft. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Lyft presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, Lyft is currently exchanging hands at a Forward P/E ratio of 16.84. This indicates a discount in contrast to its industry's Forward P/E of 22.07.
Meanwhile, LYFT's PEG ratio is currently 1.04. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Internet - Services industry stood at 1.7 at the close of the market yesterday.
The Internet - Services industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 91, positioning it in the top 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
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Lyft, Inc. (LYFT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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