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Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It operates multimodal transportation networks that offer access to various transportation options through the Lyft platform and mobile-based applications. The company’s platform provides a ridesharing marketplace, which connects drivers with riders; Express Drive, a car rental program for drivers; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips. It also offers centralized tools and enterprise transportation solutions, such as concierge transportation solutions for organizations; Lyft Pink subscription plans; Lyft Pass commuter programs; first-mile and last-mile services; and university safe rides programs. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in April 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
Market Dynamics | Explore Lyft's position in the competitive rideshare landscape, holding 30% of the US market despite fierce competition from industry giant Ube |
Financial Resilience | Delve into Lyft's financial performance, with strong revenue growth and improving EBITDA margins, despite challenges in insurance costs and market volatility |
Strategic Partnerships | Learn about Lyft's evolving partnership strategy, including the impact of the Delta Airlines collaboration ending and new opportunities with companies like DoorDash |
Future Projections | Analysts project varied outlooks for Lyft, with price targets ranging from $13 to $24, reflecting both growth potential and market uncertainties |
Metrics to compare | LYFT | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipLYFTPeersSector | |
---|---|---|---|---|
P/E Ratio | 246.4x | −69.1x | 11.9x | |
PEG Ratio | 2.32 | −0.50 | 0.03 | |
Price/Book | 7.3x | 3.5x | 1.4x | |
Price / LTM Sales | 1.0x | 5.6x | 1.2x | |
Upside (Analyst Target) | 22.9% | 12.3% | 23.5% | |
Fair Value Upside | Unlock | −16.8% | 9.0% | Unlock |