Uber and Lyft report earnings this week, but one ride-sharing giant stands out as the much stronger long-term buy.
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Is the ride-hailing underdog still a reliable investment?
Baidu's Apollo Go unit and Freenow by Lyft have started autonomous vehicle testing on public roads in London. The partners have also secured a fully driverless trial permit in Hong Kong for right hand drive robotaxis. These trials mark the first right hand drive fully driverless program globally and extend Baidu's autonomous ridehailing reach beyond mainland China. Baidu, listed as NasdaqGS:BIDU, is pushing deeper into autonomous ridehailing as its stock trades around $105.29. The company...
A U.S. District Judge granted Uber and Lyft an injunction against a New York City law on driver deactivations. The ruling temporarily blocks new rules that would have limited how the platforms can remove drivers from their apps. The decision affects Uber Technologies' flexibility in managing driver relations and safety policies in a key market. For investors following Uber Technologies (NYSE:UBER), this legal ruling relates directly to how the company runs its core ride hailing business in...
Alphabet (GOOGL) delivered earnings and revenue surprises of +216.32% and +2.31%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Lyft has expanded its partnership with Curb to integrate New York City taxis into the Lyft app. The integration gives Lyft users access to thousands of licensed NYC taxis directly through the app. This rollout follows earlier integrations in Los Angeles and San Francisco. For investors watching Lyft, ticker NasdaqGS:LYFT, the New York City taxi integration arrives as the stock trades around $15.19. The share price sits against a mixed performance backdrop, with the stock down 23.2% year to...
Lyft, Inc. (NASDAQ:LYFT) is one of the best low priced technology stocks to invest in. On June 17, Rothschild & Co Redburn upgraded Lyft, Inc. (NASDAQ:LYFT) to Neutral from Sell and raised its price target to $22 from $7. The firm cited Lyft’s growing share buyback commitments. Rothschild Redburn said the case for upgrading was […]
Lyft CEO David Risher unpacks his playbook with Yahoo Finance Executive Editor Brian Sozzi for turning the rideshare giant around, from ending traditional surge pricing and mandating a return-to-office, to building a hybrid future of human drivers and Waymo robotaxis.
DoorDash posts robust profits and global expansion, while Lyft turns in a year of high margins after luxury acquisitions. Which model stands out for investors?
The ride-hailing giant is now profitable and trades at a discount to the market, but investors must weigh its powerful platform against long-term threats from autonomous vehicles and AI.
Uber Technologies Inc. (NYSE:UBER) is one of the 10 Best 52-Week Low Technology Stocks to Buy According to Analysts. While evaluating the impact of autonomous vehicles on the ride-hailing industry, Rothschild & Co Redburn lowered its price target on Uber Technologies Inc. (NYSE:UBER) on June 17. The firm cut its price target on the stock […]
Lyft expands into luxury chauffeuring while Uber leverages global scale and robust cash flow, see how their strategies and financials stack up.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at gig economy stocks, starting with Lyft (NASDAQ:LYFT).
Uber Technologies (UBER) stock is at an interesting point right now. If you bet on it, you are betting on a company that's growing reasonably, is sustaining good cash flow and margin, has a low-debt to market cap structure, and is relatively cheaply valued. But is that enough.
Business owners increasingly explore tax strategy as expanded rules fuel broader adoption.
Lyft, Inc. (NASDAQ:LYFT) is included among the 10 Best Stocks Under $15 to Buy Right Now. On May 9, Canaccord lowered its price recommendation on Lyft, Inc. (NASDAQ:LYFT) to $15 from $16. It reiterated a Hold rating on the shares following the company’s Q1 report. The analyst said Lyft “faces a Herculean climb to reach […]
Lyft Inc. (NASDAQ:LYFT) is one of the best low priced technology stocks to buy according to hedge funds. On May 7, Lyft reported financial results for Q1 2026. Gross Bookings reached $4.9 billion, a 19% increase year-over-year, while revenue grew 14% to $1.7 billion. Net income climbed to $14.2 million, up from $2.6 million in […]
Is LYFT a good stock to buy? We came across a bullish thesis on Lyft, Inc. on Valueinvestorsclub.com by crestone. In this article, we will summarize the bulls’ thesis on LYFT. Lyft, Inc.’s share was trading at $14.42 as of May 1st. LYFT’s trailing and forward P/E were 2.12 and 11.59 respectively according to Yahoo Finance. Lyft, […]
More than one-quarter of Lyft’s rides in the first quarter of 2026 were connected to the rideshare company’s partnerships with other brands.
Ride sharing service Lyft (NASDAQ: LYFT) beat Wall Street’s revenue expectations in Q1 CY2026, with sales up 13.8% year on year to $1.65 billion. Its GAAP profit of $0.04 per share was 44.3% below analysts’ consensus estimates.
The company’s revenue climbed 14% to $1.65 billion in the first quarter, boosted by growth in both riders and rides.
The ride-hailing company reports better-than-expected earnings and gross bookings in the first quarter.
(Bloomberg) -- Uber Technologies Inc. provided a better-than-expected forecast for bookings, signaling that robust demand from US commuters and travelers will offset impact from geopolitical tensions in the Middle East. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite House Weigh