Lyft will add autonomous shuttles made by Austrian manufacturer Benteler Group to its network in late 2026, the company announced Friday. The shuttles will be deployed in partnership with U.S. cities and airports, according to Lyft, but could expand out from there if things go well.
Lyft is building a scalable, vertically integrated platform, well-positioned to benefit from mainstream autonomous vehicle adoption and partnerships in the AV space. Recent financials show strong growth in riders, bookings, and profitability, with management signaling confidence via an expanded share buyback program. Lyft's Flexdrive subsidiary and AV partnerships provide a differentiated, dura...
Data is the currency that keeps Wall Street's proverbial hamster on its wheel -- and investors are rarely, if ever, short of information to analyze. In fact, it can be argued that between earnings season and near-daily economic data releases, it's easy for something of importance to fly under the radar.
SAN FRANCISCO--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT) (the “Company” or “Lyft”) will release financial results for the second quarter of 2025 after the close of the market on Wednesday, August 6, 2025. On the same day, Lyft will host a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss these financial results and business highlights. To listen to the live audio we...
Lyft (LYFT -2.64%) is a platform that connects third-party drivers with people needing a ride. When it comes to stocks that should be bought, I believe it's one of the market's best-kept secrets.
Consumer goods stocks might not get the hype that the tech sectors or other high-growth stocks get, but there are plenty of hidden gems in the industry as well as big winners.
The retail investment community has become saturated with indicators and sophisticated methods for attempting to predict future stock prices, almost completely forgetting the tried-and-tested methodologies that have worked for decades in fundamental investment strategies.
Lyft is now a value stock with growth dynamics, trading at a steep discount despite improving fundamentals and positive free cash flow. The company is expanding EBITDA margins and cash earnings at 25% annually, supported by a $750M buyback and strong net cash position. Risks include potential Uber price wars and regulatory changes, but Lyft's scale and market share make it resilient.
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