Here’s Why Lyft (LYFT) Fell More Than Broader Market
From Nasdaq: 2025-06-13 18:15:00
Lyft (LYFT) closed at $14.78, down 4.27% from the previous day, underperforming the S&P 500, Dow, and Nasdaq. In the last month, LYFT shares dropped 4.87%, while the Computer and Technology sector gained 7.36%. The upcoming earnings report projects $0.27 EPS and $1.61 billion revenue, with a Zacks Rank of #2 (Buy).
Analysts estimate LYFT’s full-year earnings at $1.11 per share and $6.52 billion revenue, showing positive momentum. The Zacks Rank system, predicting stock performance, gives LYFT a favorable rating. With a Forward P/E ratio of 13.95, LYFT is undervalued compared to industry peers. The Internet – Services industry has an average PEG ratio of 1.38.
Zacks Research identifies LYFT as a strong buy with potential for early price pops. The list of 7 top stocks has outperformed the market with a +23.5% annual gain since 1988. Investors can access these elite picks for potential profits. Visit Zacks Investment Research for the latest stock recommendations.
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