| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 74 | 2.2x | 17.6x | Top tier | |
Growth | 89 | 10.8% | 7.1% | Top tier | |
Quality | 81 | 96.2% | 4.5% | Top tier | |
Safety | 54 | 0.4x | 2.6x | Around median | |
Capital Return | 20 | — | 2.15% | Bottom tier | |
Momentum | 41 | -15.8% | 2.3% | Around median | |
Sentiment | 64 | 27 | 3 | Around median |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Lyft operates a digital transportation marketplace that connects drivers with riders and treats both sides as customers of the platform. Its activities include ridesharing in North America and Canada, Freenow services in Europe, bicycles and electric bicycles, premium ride modes, TBR Chauffeuring and advertising businesses; it also expands usage through partnerships with DoorDash, United Airlines, Bilt, Chase, and Alaska Airlines. In autonomous vehicles, its strategy combines fleet management and supply sharing with partners such as Waymo, along with Baidu testing in London.
In fiscal Q2 2026, the number of active riders exceeded 30 million and the company recorded 262 million rides, while gross bookings rose 23% year over year to $5.5 billion, exceeding the consensus estimate of $5.37 billion. According to the August 7, 2026 results, revenue grew 16.1% year over year, net income reached $50.3 million versus $40.3 million in the comparable period, and operating cash flow reached $349.9 million. Adjusted EBITDA also grew 37% year over year, and management said that the twelve months ended with the quarter marked the fourth consecutive quarter of free cash flow exceeding $1 billion.
The data does not include an absolute figure for fiscal Q2 2026 revenue or its gross margin, so the EDGAR filings for fiscal Q1 2026 provide the latest available detail for these items: revenue of $1.7 billion and gross profit of $786.3 million, equivalent to a gross margin of approximately 46.3%, net income of $14.3 million, and earnings per share of $0.04. In fiscal Q2 2026, the business mix was driven by transportation in North America, nearly twofold year-over-year growth in Canada, increased Freenow rides, record bicycle performance, and continued growth of more than 10% in premium modes for the twelfth consecutive quarter.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus on LYFT is neutral, with an average target of $18.5 and a range of between $15 and $23; the average is approximately 27.6% below the 52-week range high of $25.54, while remaining approximately 48.5% above its low of $12.46. A reliable price-to-earnings ratio is not available in the data despite twelve-month net income of $2.9 billion, so valuation should be assessed through the cautious consensus and the wide target range, which is consistent with the expected bookings slowdown, cost pressures, and regulatory risks in California, offset by ride growth and adjusted EBITDA expansion.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
The number of active riders exceeded 30 million, and rides rose 12% to 262 million. Gross bookings grew 23% year over year to $5.5 billion, exceeding expectations of $5.37 billion, while revenue grew 16.1%. Management attributed the performance to strength in transportation in North America, nearly twofold growth in Canada, increased Freenow rides, record bicycle figures, and growth in premium modes.
Lyft recorded net income of $50.3 million in fiscal Q2 2026, compared with $40.3 million in the comparable period. Adjusted EBITDA rose 37% year over year, and operating cash flow reached $349.9 million. In the EDGAR filings for fiscal Q1 2026, net income was $14.3 million on revenue of $1.7 billion and gross profit of $786.3 million.
Approximately 30% of ridesharing rides in North America were linked to a partner during fiscal Q2 2026, the highest level recorded by the company. Management says partner-linked rides tend to be in higher-value modes, supporting the bookings mix and margins. The DoorDash partnership expanded into Canada, the United Airlines partnership started strongly, and Bilt users spent approximately 1.5 billion points on Lyft rides.
Lyft teams took over operation of Waymo's temporary site in Nashville on June 9, 2026 and said they exceeded the agreed service levels. The dedicated depot there is 80,000 square feet, with 4 megawatts of electrical capacity and room for hundreds of vehicles, and management set October 2026 for its opening. It also said rider matching with Waymo through the Lyft app is targeted before the end of 2026, while Baidu testing began in London with a small number of vehicles and minimal near-term financial impact.
Lyft expects gross bookings growth of between 15% and 19% in fiscal Q3 2026, compared with 23% in the previous quarter. Management explained that the quarter features a larger seasonal mix of bicycle rides, which have lower average bookings per ride, alongside a seasonal decline in higher-value Freenow rides during August. Nevertheless, the company expects increased ride growth across transportation in North America, bicycles, and Freenow, and adjusted EBITDA margin expansion compared with the previous quarter.
A legal amendment in California dated August 12, 2026 paves the way for hundreds of thousands of Uber and Lyft drivers to exercise collective bargaining rights. This could increase labor costs and add operating complexity, while fiscal Q2 2026 earnings fell short of expectations because of higher marketing and administrative expenses. The Waymo plan in Nashville also depends on efficient fleet management and supply sharing, and Lyft has not yet disclosed the economics of autonomous vehicles at broad scale.
