Lyft, Inc. LYFT

$LYFT Excerpt from Seekingalpha article written today

Estimates Have Likely Stabilized

It makes me optimistic to see the renewed growth in U.S. ride pricing and stable rides volume, as I believe this indicates that the likelihood of analyst consensus downgrades in revenue metrics is likely to bottom out (potentially with upside risk to estimates).

Currently, analyst estimates project Lyft's Gross Booking for 2025 at around $18 billion, which would suggest a 13% YoY growth vs 2025 (Source Refinitv, see below).

Lyft gross booking 2025
Refintiv
Positive On The Freenow Acquisition; But Buybacks Would Be Preferred

On April 16th, Lyft announced plans to acquire Freenow, an European ride-hailing business, operating across 9 countries (Ireland, the United Kingdom, Germany, Greece, Spain, Italy, Poland, France, and Austria). The price for the deal is around $200 million, while the annual gross booking value added through the takeover for Lyft is expected to amount to approximately €1 billion ($1.1 billion). Overall, I am positive on the deal, acknowledging that Lyft now has access to the European market, effectively doubling the addressable market to "more than 300 billion personal vehicle trips per year", according to Lyft management estimates, while giving opportunity to diversify the North America exposure.

Still, investors should consider that Lyft shares are trading at about 3x 2027 FCF, according to my estimates. At such low valuation levels, it would make sense to go aggressive on buybacks. And accordingly, I would have preferred that Lyft uses the $200 million to buy back stock (retiring about 4% of Lyft's float).

$LYFT

https://seekingalpha.com/article/4776742-hitching-a-bargain-ride-with-lyft?utm_source=zacks&utm_medium=referral&feed_item_type=article

$LYFT The cheap dollar should help their conversion rate. Upcoming earnings are looking good.

$LYFT Worst that the fkn liberals and commies

$LYFT Wake up and smell the coffee. Read the bible and find your ethics and morals again you hypocrites

$LYFT Cant stand these dumb ass trump cronies. #feloninthewhitehouse

$LYFT $UBER $NVDA $MSFT $SMCI $AAPL $META $AMZN $PLTR $AVGO $BABA $ mstr $TSM $NFLX
I GUESS THE TRUMPS COVERED THEIR SHORTS THEY PLACED LAST WEEK. #CRIMINAL IN THE OFFICE

$LYFT

https://www.electrive.com/2025/03/29/have-bmw-and-mercedes-found-a-buyer-for-freenow/

$LYFT

https://www.electrive.com/2025/03/29/have-bmw-and-mercedes-found-a-buyer-for-freenow/

$LYFT Investing.com -- US-based ridesharing company Lyft (NASDAQ:LYFT) has reportedly made a bid to purchase FreeNow, a taxi application owned by BMW (ETR:BMWG) and Mercedes, according to a report by Manager MagazinE. The report, which cites unnamed sources, suggests that Lyft is the preferred buyer for the application.