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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.
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