Lyft: Why ~$1.5 Billion Of FCF By 2027 Could Be Possible
Portfolio Pulse from
Lyft's Q3 2024 results show strong revenue growth and positive free cash flow, with management targeting significant free cash flow by 2027. The company is optimistic about integrating autonomous vehicles without disruption.
December 17, 2024 | 3:30 pm
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Lyft's Q3 2024 financials reveal strong revenue growth and positive free cash flow, with ambitious targets for 2027. The company is well-positioned to integrate autonomous vehicles into its platform.
Lyft's strong Q3 2024 results, including 32% revenue growth and positive free cash flow, indicate robust financial health. Management's ambitious targets for 2027, including significant free cash flow generation, suggest potential for stock price appreciation. The company's strategy to integrate autonomous vehicles without disruption further supports a positive outlook.
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