Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company operates multimodal transportation networks that offer access to various transportation options through the Lyft platform and mobile-based applications. Its platform provides a ridesharing marketplace that connects drivers with riders; Express Drive, a car rental program for drivers; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in April 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
Valuation Insights | Analyst price targets for Lyft range from $10 to $26 per share. Uncover the factors driving these valuations and the company's potential in the $2.0 trillion ridesharing market. |
Innovation Landscape | Discover Lyft's ventures beyond traditional ridesharing, including electric mobility and autonomous vehicle partnerships, shaping its future in a rapidly changing industry. |
Financial Trajectory | Delve into Lyft's improving financial performance, with recent quarters exceeding expectations. Learn about projected revenue growth and the path to sustained profitability. |
Market Dynamics | Lyft holds 23-24% of the U.S. rideshare market, with a competitive edge in pricing. Explore its strategies for growth amid fierce competition and evolving mobility trends. |
Metrics to compare | LYFT | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipLYFTPeersSector | |
---|---|---|---|---|
P/E Ratio | 225.4x | −0.8x | 11.6x | |
PEG Ratio | 2.12 | 0.00 | 0.03 | |
Price / Book | 6.7x | 1.5x | 1.4x | |
Price / LTM Sales | 0.9x | 3.5x | 1.1x | |
Upside (Analyst Target) | 22.9% | 15.8% | 27.8% | |
Fair Value Upside | Unlock | −9.4% | 9.3% | Unlock |