BMO Capital analyst Brian Pitz raised Lyft's (LYFT) price target to $16.00 from $15.00, a 6.67% increase, while maintaining a "Market Perform" rating. This adjustment reflects recent analyst activities, including UBS, Bernstein, Oppenheimer, and Wells Fargo, which have also raised or maintained their price targets for Lyft. The average one-year price target for LYFT is $17.25, with a high estimate of $28.00 and a low estimate of $10.00. The average target implies an upside of 23.33% from the current price of $13.99.
In a recent update, BMO Capital analyst Brian Pitz raised Lyft's (LYFT) price target to $16.00 from $15.00, a 6.67% increase, while maintaining a "Market Perform" rating [1]. This adjustment reflects a broader trend among analysts, with several firms including UBS, Bernstein, Oppenheimer, and Wells Fargo also raising or maintaining their price targets for Lyft.
The average one-year price target for LYFT is $17.25, with a high estimate of $28.00 and a low estimate of $10.00 [2]. This implies an average upside of 23.33% from the current price of $13.99.
Analysts' positive sentiment is driven by Lyft's recent financial performance, including record gross bookings and a 25% jump in partnership rides. Additionally, the company's geographic expansion through acquisitions like Freenow and strategic partnerships with companies like United Airlines and Baidu has been noted as a key driver of growth [1].
The increase in price targets comes amidst a backdrop of strong earnings reports from both Uber and Lyft. While Uber emphasized internal efficiency and monetization, Lyft highlighted geographic growth and ecosystem partnerships [1]. This divergence in strategies sets up a strategic duel in the mobility platform layer.
Investors should monitor these developments closely, as analyst sentiment can provide valuable insights into the future performance of Lyft. Staying informed about changes in analyst ratings and price targets can help investors make well-considered decisions.
References:
[1] https://www.pymnts.com/earnings/2025/uber-and-lyft-take-divergent-routes-chasing-shared-mobility-platform-goal/
[2] https://www.benzinga.com/insights/analyst-ratings/25/08/46961072/what-analysts-are-saying-about-lyft-stock
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