Expert Ratings For Lyft
Portfolio Pulse from Benzinga Insights
In the past three months, 30 analysts have rated Lyft (NASDAQ:LYFT), with a mix of bullish and bearish perspectives. The average 12-month price target has decreased by 12.83% to $16.3. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Lyft's financial metrics, such as revenue growth and net margin, surpass industry averages, indicating strong financial health.
September 03, 2024 | 2:00 pm
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Lyft has received mixed analyst ratings, with a decrease in the average price target to $16.3, down 12.83% from previous estimates. Despite this, Lyft's financial performance is strong, with revenue growth and net margins exceeding industry averages.
The mixed analyst ratings and lowered price targets suggest uncertainty in the short-term stock performance. However, Lyft's strong financial metrics, such as revenue growth and net margins, provide a positive outlook, balancing the negative sentiment from analysts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100