Is Lyft, Inc. (LYFT) the Least Risky Internet Stock To Invest In?

We recently published a list of Analysts Identify 10 Least Risky Internet Stocks To Invest In. In this article, we are going to take a look at where Lyft, Inc. (NASDAQ:LYFT) stands against other least risky internet stocks to invest in.

Investors usually do not waste any time reminding everyone of the dot-com bubble whenever the market takes a turn for the worse. With a recession imminent, some sectors have already corrected by so much that they are in bear market territory. Internet stocks belong to the same group.

Analysts at Evercore believe most of the internet stocks have very limited exposure to tariffs but still get hammered every time the market crashes on tariff developments. This means these stocks now present a favorable risk-to-reward ratio for investors.

We therefore decided to dig into the details of each of these internet stocks. To come up with our list of the 10 least risky internet stocks, we used the list compiled by Evercore’s analysts and ranked them by risk, with the least risky stock taking the number one spot.

Lyft, Inc. (NASDAQ:LYFT) 

Lyft, Inc. is a ride-sharing company that operates a peer-to-peer marketplace for on-demand ridesharing. The company’s platform offers a ridesharing marketplace that links riders with drivers. It also provides Express Drive, which is a car rental program for drivers.

Through recent partnerships with key industry players, the firm plans to launch autonomous vehicles on its platform this summer. Despite drivers’ concerns related to the earnings potential, Lyft’s EVP of Driver Experience, Jeremy Bird, highlights that ride-sharing is a growing market. He believes that incorporating autonomous vehicles (AVs) will increase demand, enhance the ride experience, and benefit drivers.

The stock has been facing some challenges so far this year as it has declined by over 15%. Despite the recent decline in share price, it presents an attractive upside of 102% if one considers analyst price targets. Based on 47 analyst ratings, the company has a highest target price of $22, which means it could potentially more than double from the current levels. The recent decline in share price presents an attractive buying opportunity to benefit from the potential upside in the future.

Overall, LYFT ranks 6th on our list of least risky internet stocks to invest in. While we acknowledge the potential of LYFT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that has gone up since the beginning of 2025, while popular AI stocks have lost around 25%. If you are looking for an AI stock that is more promising than LYFT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.