Lyft Stock (LYFT) Slides After Wedbush Downgrade: Autonomous Vehicle Risk, Analyst Price Targets, and 2026 Catalysts
Lyft, Inc. (NASDAQ: LYFT) stock moved sharply lower on Friday, December 19, 2025, as investors weighed a fresh analyst downgrade tied to the fast-approaching “robotaxi era.” By late trading, Lyft shares were around $19.17, down about 3.5% on the day, after trading between $18.76 and $19.96 with roughly 8.0 million shares changing hands. The day’s catalyst was clear: Wedbush cut Lyft to “Underperform” from “Neutral” and lowered its price target to $16 from $20, arguing that Lyft is especially exposed to long-term disruption from autonomous vehicles (AVs) given its concentration in U.S. ridesharing and a comparatively narrow product mix. TipRanks+1