News

Lyft stock rises on $1.45B revenue, $750M buyback plan. Needham reiterates hold, Goldman Sachs upgrades to buy with PT of $20 ...
Competition has driven Lyft and Uber prices down to be largely the same in many areas. There may be a price difference in certain cities, but you can check it yourself using some online tools.
This adds to Uber's growing list of partners for self-driving taxi deployment as it competes with Lyft and Tesla in the ...
Gary Black says Tesla may not make money with its robotaxi service for several years as it creates a network of riders and ...
Overall, Lyft has faced various challenges from increasing insurance premiums to stiff competition from Uber, but we believe the company is on track to moderately improve financial performance.
After Thursday night, however, the competition doesn’t look as stiff. He rates Uber stock Hold and has an $80 price target for shares. He rates Lyft stock Hold and has a $15 price target for shares.
Lyft increased its stock buyback program to $750 million and beat first-quarter profit estimates on Thursday, signaling ...
While the company offers a compelling alternative to sector giant Uber (UBER), the ... well above Lyft’s net income of $22.8 million. ・Fierce competition in the ride-sharing market is the ...
Uber faces increased competition in rideshare and delivery markets, and analysts suggest a 'hold' rating for UBER stock after a sharp 34% YTD growth. See more here.
Lyft generated net income of $2.57 million, or $0.01 per share, which easily beat $0.02 per share loss estimates. Active riders grew 11% to 24.2 million, and rides surged 16% to 218.4 million, marking ...
Lyft shares on Friday fell to the lowest level since going public after rival Uber officially filed to go public the evening prior, underscoring a fundamental concern about competition Wall Street ...
A Tesla investor, Gary Black, expresses skepticism about the profitability of Tesla's upcoming FSD-based ride-hailing service ...