In my view, there has never been a better time to be a careful stock-picker. Investors are visibly getting nervous as the stock market rebounds to year-to-date highs, despite the ongoing threat of tariffs and a softer macroeconomy. As such, I prefer smaller-capWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He ...

Tigress Financial analyst Ivan Feinseth maintained Lyft LYFT with a Buy and raised the price target from $26 to $28 on Wednesday.Feinseth noted that Lyft reported a record start to the year, driven by its multifaceted strategy focused on service quality, innovation, and market expansion. This strategy drove records in active rides, riders, driver hours, and gross bookings, driven by strong service demand in both commuting and weekend travel.Lyft reported first-quarter revenue increased 14% to $1.5 billion. ...

Photo via Smith Collection/Gado/Getty ImagesGetty Images Lyft (NASDAQ: LYFT) reported robust Q1 2025 results, showing ongoing operational and financial momentum. Gross bookings grew by 13% year-over-year (y-o-y) to $4.2 billion, while revenue increased 14% to $1.5 billion. The company achieved a net income of $2.57 million, marking a substantial improvement from the $31.54 million net loss in Q1 2024, marking its third consecutive quarter of being profitable. Operationally, Lyft completed 218 million rides ...

Core Insights - Lyft Inc. reported first-quarter 2025 earnings of 19 cents per share, missing the Zacks Consensus Estimate of 20 cents, but showing year-over-year improvement [1] - Revenues for the quarter were $1.45 billion, slightly below the Zacks Consensus Estimate of $1.46 billion, yet reflecting a 14% year-over-year growth [1] - Active riders increased by 11% year-over-year to 24.2 million, indicating growth in the rideshare market [1] Financial Performance - Gross bookings for the quarter were $4.16 billion, marking a year-over-year increase of 13% [1] - Adjusted EBITDA for Q1 was $106.5 million, up 79.2% from the previous year, with an adjusted EBITDA margin of 2.6% compared to 1.6% in the prior-year quarter [2] - Cash and cash equivalents at the end of Q1 were $985.49 million, up from $759.32 million at the end of the previous quarter [3] Strategic Initiatives - Lyft's board authorized an increase in its share repurchase program to a total of $750 million, with plans to utilize $500 million within the next 12 months [4] - The company aims to expand into new demographics with Lyft Silver and plans to enter Europe through the acquisition of FREENOW [2] Q2 2025 Guidance - For Q2 2025, Lyft anticipates mid-teens year-over-year growth in rides, driven by strong service levels and increased engagement [5] - Gross bookings are expected to grow by 10-14% year-over-year, reaching between $4.41 billion and $4.57 billion [5] - Adjusted EBITDA is projected to be between $115 million and $130 million, with an adjusted EBITDA margin expected to range from 2.6% to 2.8% [6]

Shares Lyft, Inc. LYFT continue to move higher Monday. The company reported better than expected earnings. CEO David Risher said the quarter was the company's 16th consecutive one of double-digit year over year gross bookings growth.If the shares reach the $18.50 level, there is a good chance the move higher pauses or ends. There tends to be resistance at prices that had previously been resistance or a peak, and as you can see on the chart below, $18.50 was resistance in November. This is why our technical ...

Core Insights - Lyft's stock surged 28% following an earnings report, indicating positive market reaction despite the report not being a major surprise for investors [1] - The company is pursuing significant growth opportunities, particularly in autonomy, which could potentially lead to a tenfold increase in value [1] - Lyft announced an aggressive share buyback plan, which may further support the stock price in the long term [1]

Lyft LYFT stock was trading higher on Friday after the company reported better-than-expected first-quarter results and announced a $750 million share buyback plan on Thursday.Quarterly revenue was $1.45 billion, which missed the Street estimate of $1.47 billion. Lyft reported quarterly earnings of one cent per share, which beat the analyst consensus estimate of one cent in losses.Also Read: Lyft Stock Downgraded On Autonomous Vehicle Risk From Waymo, Tesla CompetitionNeedham analyst Bernie McTernan reiterat ...

Lyft Inc (NASDAQ:LYFT) stock is up 19.5% to trade at $15.54 at last glance, after the ride-sharing company increased its share buyback program to $750 million. While first-quarter revenue missed estimates, rides jumped 16% year-over-year to 218.4 million, topping forecasts of 215.1 million. Gross bookings rose 13% to $4.16 billion, narrowly beating expectations, while active riders climbed 11% to 24.2 million. CEO David Risher noted this marked Lyft’s 16th consecutive quarter of double-digit gross booking g ...

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Lyft CEO David Risher poses for a portrait in New York City, U.S., April 16, 2025.Lyft shares climbed 20% Friday after the ride-sharing company upped its share buyback plan and posted better-than-expected gross bookings.During an interview with CNBC's "Squawk Box," CEO David Risher said that Lyft isn't seeing "anything to worry about" despite widespread concerns of a slowing consumer amid ongoing economic uncertainty."Our team is stronger than it's ever been, and the consumer demand is absolutely there," he ...