Lyft’s revenue is coming; these most accurate analysts modify forecasts before revenue calls – Lyft (NASDAQ:LYFT)

Lyft, Inc. Lyft Its fourth-quarter financial results will be released after the end of Tuesday, February 11.

Analysts expect San Francisco, California-based company to report quarterly losses at a price of 1 cent per share, compared with an annual loss of 6 cents per share. According to Benzinga Pro, the Lyft project’s quarterly revenue was $1.54 billion, compared with $1.22 billion in the same period last year.

Lyft stock received a report on Monday that suggests the company could launch Robotaxis in 2026.

Lyft shares rose 6.7% to close at $15.12 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Inventory Ratings page. Readers can sort by stock, company name, analyst company, rating changes, or other variables.

Let’s see how Benzinga’s most accurate analysts have evaluated the company in recent times.

• UBS analyst Lloyd Walmsley maintained a neutral rating and lowered his target to $16 from February 3, 2025. The analyst has an accuracy rate of 86%.
• Securities analyst Michael McGovern maintained his buy rating and lowered his target to $19 from January 29, 2025. The analyst has 66% accuracy.
• Wells Fargo analyst Ken Gawrelski maintained an equal rating and lowered his target to $14 from January 16, 2025. The analyst has a 74% accuracy rate.
• Wedbush analyst Scott Devitt maintained a neutral rating and lowered his target to $18 from January 6, 2025. The analyst has an accuracy rate of 84%.
• Benchmark analyst Michael Ward upgraded the stock from Hold to a target of $20 on January 6, 2025. The analyst has a 76% accuracy rate.

Considering buying Lyft stock? Analysts believe:

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