LYFT Stock Target Price and Analyst Consensus

LYFT Stock  USD 16.79  0.50  3.07%   
The current analyst and expert consensus on LYFT is Buy with 7 buy recommendations. The current projected LYFT target price consensus is 12.30, with 45 analyst opinions. LYFT buy-or-sell recommendation module provides average expert sentiment on the projected LYFT Inc target price to derive its highest and lowest estimates based on target price estimated volatility of 3.9146. Check out Macroaxis Advice on LYFT to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
11.19
Highest Forecast
13.65
Target Price
12.3
Gross Profit is likely to drop to about 1.2 B in 2024. Pretax Profit Margin is likely to drop to -0.08 in 2024. At this time, LYFT's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Current Assets is likely to gain to about 1.3 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 2.2 B in 2024.
  
It's important to approach LYFT's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize LYFT price targets

LYFT's stock target price is an estimate of its future price, usually made by analysts. Using LYFT's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at LYFT's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if LYFT's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional LYFT Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of LYFT is a key component of LYFT valuation and have some predictive power on the future returns of a LYFT.
Hype
Prediction
LowEstimatedHigh
12.3216.2320.14
Details
Intrinsic
Valuation
LowRealHigh
11.3715.2819.19
Details
Naive
Forecast
LowNextHigh
11.3415.2519.17
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.05-0.020.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as LYFT. Your research has to be compared to or analyzed against LYFT's peers to derive any actionable benefits. When done correctly, LYFT's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in LYFT Inc.

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Additional Tools for LYFT Stock Analysis

When running LYFT's price analysis, check to measure LYFT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LYFT is operating at the current time. Most of LYFT's value examination focuses on studying past and present price action to predict the probability of LYFT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LYFT's price. Additionally, you may evaluate how the addition of LYFT to your portfolios can decrease your overall portfolio volatility.