Lyft (LYFT) closed the most recent trading day at $13.62, moving -3.13% from the previous trading session. This move lagged the S&P 500's daily loss of 1.6%. At the same time, the Dow lost 1.23%, and the tech-heavy Nasdaq lost 2.24%.
Shares of the ride-hailing company witnessed a loss of 12.94% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 4.45%, and the S&P 500's gain of 2.25%.
The investment community will be closely monitoring the performance of Lyft in its forthcoming earnings report. The company is scheduled to release its earnings on August 6, 2025. The company's upcoming EPS is projected at $0.27, signifying a 12.50% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $1.61 billion, reflecting a 12.28% rise from the equivalent quarter last year.
LYFT's full-year Zacks Consensus Estimates are calling for earnings of $1.1 per share and revenue of $6.51 billion. These results would represent year-over-year changes of +15.79% and +12.44%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Lyft. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Lyft is currently a Zacks Rank #4 (Sell).
In the context of valuation, Lyft is at present trading with a Forward P/E ratio of 12.78. This denotes a discount relative to the industry average Forward P/E of 19.18.
Meanwhile, LYFT's PEG ratio is currently 0.62. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet – Services was holding an average PEG ratio of 1.52 at yesterday's closing price.
The Internet – Services industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 174, finds itself in the bottom 30% echelons of all 250+ industries.
