Lyft stock is back on investors’ radar. As of December 7, 2025, shares of Lyft Inc. (NASDAQ: LYFT) trade around $22.97, near the upper end of their 52‑week range and up sharply this year, while analysts debate whether the ride‑hailing company is now a genuine turnaround story or priced almost for perfection. [1]
Below is a deep dive into the latest Lyft stock news, forecasts and analyses as of December 7, 2025, with a focus on what’s actually changed in recent days.
Lyft stock at a glance (as of December 7, 2025)
- Share price: about $22.97 per share.
- Market cap: roughly $9 billion. [2]
- 52‑week range: about $9.66 to $25.54, so the stock now trades much closer to its high than its low. [3]
- Recent performance: one analysis pegs Lyft’s 90‑day share price return at ~29.7% and year‑to‑date gain at ~68%, though the five‑year total shareholder return is still around –51%, reflecting the brutal post‑IPO drawdown. [4]
- Valuation:
- Profitability:
- Lyft is now consistently profitable on a GAAP basis, but margins are still thin: net margin has recently been around 1–2% of gross bookings, with adjusted EBITDA margin ~2.9%. [7]
On the German exchange, the stock trades under ticker LY0.DE and recently closed at about €19.79, up 4.45% on the day and ~55% year‑to‑date, illustrating that the international listing is participating in the same uptrend. [8]
Today’s headline: Lyft’s new healthcare push with Epic
The freshest narrative around Lyft stock on December 7 is Lyft’s move deeper into healthcare transportation.
A new analysis notes that Lyft has rolled out a “Smart on FHIR” app with VectorCare, integrating directly into Epic’s electronic health record (EHR) system. This lets hospitals and healthcare providers book and track patient rides from inside Epic, turning Lyft into a more formal part of the healthcare logistics stack rather than a casual workaround. [9]
Why this matters for LYFT stock:
- Bigger, stickier use cases: Non‑emergency medical transportation is a large, often fragmented market. Being embedded in Epic means hospitals can schedule rides as part of discharge and appointment workflows, potentially turning Lyft into a recurring, B2B‑style revenue stream. [10]
- Momentum in the share price: The same analysis highlights Lyft’s ~29.7% 90‑day return and ~68% year‑to‑date gain, arguing this healthcare angle is part of a broader “turnaround” narrative that the market is starting to price in. [11]
- Valuation model: That model estimates an intrinsic “fair value” just above $24 per share, only a few percent above the current price, and labels the stock as modestly undervalued rather than a deep bargain. [12]
- But… multiple risk: The same piece points out Lyft trades at about 60x earnings versus a “fair” multiple around 21x, and well above the sector’s 31x, underscoring how much optimism is already embedded in the stock. [13]
In short: today’s healthcare news strengthens the “new revenue vertical + durable cash generation” story, but the valuation debate did not go away; it arguably intensified.
Earnings story: record bookings, positive net income, but expectations are high
Lyft’s recent rally is anchored in strong 2025 operating results, especially Q2 and Q3.
Q2 2025: profit, buybacks, and a small miss
For Q2 2025, Lyft reported: [14]
- Revenue: about $1.59 billion, up roughly 10–11% year over year, but slightly below consensus (about a 1.5% miss).
- Gross bookings: about $4.5 billion, up 12% YoY.
- Adjusted EPS: roughly $0.25 (excluding certain items), below the Street’s estimate around $0.27.
- Adjusted EBITDA: about $129 million, up 26% YoY, with a 2.9% EBITDA margin on gross bookings.
- Balance sheet:
- Cash and equivalents: ~$914 million.
- Long‑term debt: ~$526 million, slightly lower than at the end of 2024.
- Share repurchases: about 12.8 million shares for $200 million in Q2, signaling management’s confidence in the turnaround.
Zacks framed the quarter as “unimpressive” because both earnings and revenue missed their consensus estimates, and it currently assigns Lyft a Zacks Rank #4 (Sell), emphasizing valuation and expectations risk. [15]
Q3 2025: record everything, but another miss vs consensus
Q3 2025 is where the fundamental story really turns a corner: [16]
- Gross bookings:$4.8 billion, a record, up 16% year over year.
- Revenue: about $1.69–1.70 billion, up ~11% YoY, but slightly short of some analyst estimates (~$1.70–1.71B).
- Net income: roughly $46 million, compared with a loss of about $12 million in Q3 2024 – a clear swing to profitability.
- Net income margin: around 1.0% of gross bookings (up from –0.3% a year earlier).
- Adjusted EBITDA:$138.9 million, up 29% YoY, with EBITDA margin steady at 2.9%.
- Cash generation:
- Operating cash flow: about $291 million in Q3 and ~$1.08 billion over the trailing twelve months.
- Free cash flow: about $278 million for the quarter and ~$1.03 billion over the last year.
Operationally, Lyft is scaling fast: [17]
- Rides: about 248.8 million rides in Q3, up 15% YoY – the tenth straight quarter of double‑digit ride growth.
- Active riders: about 28.7 million, up 18% YoY.
The market reaction was broadly positive: one transcript summary notes that despite the EPS miss, LYFT rose about 3–4% in after‑hours trading after the Q3 release, reflecting optimism about growth, autonomous partnerships and airline tie‑ups. [18]
Q4 2025 outlook: still chasing growth
For Q4 2025, management guided to: [19]
- Rides growth: mid‑ to high‑teens year‑over‑year.
- Gross bookings: roughly $5.01–$5.13 billion, implying 17–20% growth YoY.
- Adjusted EBITDA: about $135–$155 million, with a 2.7–3.0% EBITDA margin on bookings.
In other words, Lyft is pitching a story of faster growth + stable margins + sustained free cash flow, but with very slim GAAP profit margin, which amplifies the importance of execution.
Strategic moves: autos, airports, luxury and Europe
Recent quarters have also been packed with strategic announcements that matter for the long‑term LYFT stock thesis: [20]
- Autonomous vehicles (AVs):
- Partnership with Waymo in Nashville around integrated supply management.
- Planned partnership with Tensor, using NVIDIA‑powered “Lyft‑ready” consumer‑owned autonomous vehicles.
- Airline partnerships: collaborations with United Airlines and others to tie ride‑hailing into air travel journeys. [21]
- Corporate & premium: acquisition of TBR Global Chauffeuring in October 2025, bringing luxury chauffeuring into Lyft’s technology platform. [22]
- Europe via FreeNow:
- Healthcare integration: the Epic EHR integration positions Lyft deeper in non‑emergency healthcare transport, as noted above. [25]
These moves all echo the same theme: “not just a generic ride‑hail app anymore”—Lyft is trying to become a mobility infrastructure platform across consumer, corporate, healthcare and autonomous segments.
What Wall Street thinks: consensus “Hold”, modest upside at best
If you look across major data providers, you get a surprisingly tight cluster of price targets in the low‑to‑mid $20s and a general “Hold, but improving” stance.
Here’s how the main sources line up as of early December 2025:
- MarketBeat:
- 35 analysts, consensus “Hold” (1 Sell, 23 Hold, 11 Buy).
- Average 12‑month price target:$22.76, with a range of $14–$30.
- That average implies a slight downside versus the current ~$22.97 share price. [26]
- TipRanks:
- 31 analysts in the last three months.
- Consensus rating: Hold (8 Buy, 22 Hold, 1 Sell).
- Average price target:$23.94, high $32, low $16 – roughly a few percent upside vs. today’s price. [27]
- StockAnalysis.com:
- 30 analysts, consensus rating “Buy”.
- Average target:$22.42 (range $14–$30), which actually implies slight downside from the current price. [28]
- TradingView forecast:
- Average price target around $24.46, with estimates between $18 and $32.
- Their aggregated analyst view shows an overall “Buy” rating, even though last quarter’s EPS (around $0.11) missed the consensus estimate of ~$0.24, and next‑quarter EPS is only expected to reach about $0.12. [29]
- GuruFocus & others:
- One GuruFocus roundup shows 40 analysts with an average target price of $22.77 (high $32, low $10), again close to current levels.
- Consensus brokerage recommendation works out to 2.6 on a 1–5 scale, squarely in “Hold” territory.
- GuruFocus’s own “GF Value” model is more cautious, pegging fair value near $18.11, implying roughly 20–25% downside from recent prices. [30]
- Public.com & similar retail platforms list Lyft with a consensus Hold rating and an average price target around $22–23, echoing the institutional data. [31]
If you average across these, you essentially get:
Consensus: “Hold” with low‑double‑digit upside at best, but with individual targets as high as ~$30–32 and as low as ~$10–16.
That dispersion reflects just how polarizing the stock is—bullish turnaround vs. overvalued cyclical.
Valuation vs fundamentals: two competing stories
The bull case: growth + margins + cash + low leverage
Pro‑Lyft analyses focus on a few key points:
- Growth: double‑digit growth in rides, revenue and bookings seems durable for now, with Q4 guidance implying high‑teens growth in gross bookings into year‑end. [32]
- Margin expansion: one Seeking Alpha piece notes gross margin around 35%, a few points above sector averages near 31%, and a TTM net income margin around 2.4%, which is a far cry from the deep losses of earlier years. [33]
- Cash generation: trailing twelve‑month free cash flow over $1 billion and steadily improving operating cash flow give Lyft genuine financial flexibility. [34]
- Balance sheet: debt has been edging lower, cash higher, and the company has been buying back stock—all classic markers of a business exiting “survival mode” and entering a more normal capital‑allocation phase. [35]
From this angle, Lyft looks like an undervalued or at least underappreciated turnaround, particularly if management delivers on 2026 growth and AV/healthcare initiatives.
The bear case: thin margins and a stretched multiple
Cautious and bearish takes point to a different set of facts:
- P/E north of 60x (and similar lofty multiples on cash‑flow metrics) compared with sector averages around 30x. [36]
- Very thin GAAP net margins (~1–2%), which leave little buffer if demand softens or regulatory costs rise. [37]
- Zacks Rank #4 (Sell) and a recent article explicitly questioning whether growth in gross bookings truly justifies a “buy” rating at these valuations. [38]
- Alternative data services (like Meyka) that model LYFT as overpriced, assigning a “Sell”‑type grade and highlighting the combination of high P/E and a relatively low current ratio (~0.72) as a liquidity flag to monitor. [39]
- GuruFocus GF Value putting “fair value” in the high‑teens, implying notable downside if the market ever re‑rates Lyft to more pedestrian multiples. [40]
If the bull case says “this is the early innings of a profitable growth story,” the bear case replies “you’re paying many years of growth upfront for a business that still only earns one cent on the revenue dollar.”
Big money moves: institutions vs insiders
Another piece of the puzzle is what large investors and insiders are actually doing.
Institutions
A recent MarketBeat piece on filings highlights that Panagora Asset Management initiated a new position of about 79,211 shares in Lyft, valued around $1.25 million based on Q2 prices. Other institutions—ranging from MassMutual Private Wealth to smaller wealth managers—have also been adding or initiating positions. [41]
Altogether, the article notes that institutional investors now own roughly 83% of Lyft’s float. [42]
Institutional dominance isn’t automatically bullish or bearish, but it does mean LYFT is very much on the radar of professional money managers, and that its fate is tightly linked to institutional sentiment.
Insiders
On the flip side, there has been modest insider selling:
- A Lyft insider sold roughly 14,600 shares around $20,
- A director sold about 1,500 shares around $20.25,
- Insider ownership now sits around 3.1% of the company. [43]
Insider selling at higher prices is not unusual after a big run, but combined with aggressive share repurchases by the company, it presents an interesting contrast: the corporation is buying stock while some insiders are cashing out small slices of their holdings. [44]
International lens: LY0.DE and alternative data views
The Meyka analysis of Lyft’s German listing (LY0.DE) adds some color: [45]
- LY0.DE recently traded at €19.79, up 4.45% on the day and ~55% year‑to‑date.
- Market cap translated to around €7.9 billion, with a P/E of 61.9 and EPS of €0.32.
- Revenue growth for the last fiscal year is cited at ~31%, with operating cash flow growth near 965%, underscoring just how quickly Lyft’s financial profile has shifted from heavy losses to meaningful cash generation.
- Their internal grading system, however, still marks the stock as a “Sell” with a C+ grade, again highlighting concerns about valuation and liquidity (current ratio ~0.72).
It’s a good reminder: you can have strong growth and still get a “Sell” label if the models think you’re paying too much for it.
Key themes for Lyft stock in 2026
Looking beyond today’s headlines, several themes will likely drive LYFT’s next leg up—or down:
- Can Lyft sustain double‑digit growth while staying profitable?
The company has finally crossed into consistent net profitability with free cash flow well over $1 billion in the last year. But with net margins in the low single digits, even a modest slowdown in rides or bookings—or a spike in insurance, regulatory or labor costs—could hit earnings hard. [46] - Execution in healthcare and B2B partnerships
Being wired into Epic, United, TBR Global and other partners creates stickier, non‑discretionary demand—especially in healthcare and corporate travel. The question is whether these segments can materially move the needle on margins and resilience, or remain attractive side businesses. [47] - Autonomous vehicles and competitive dynamics
Partnerships with Waymo, Baidu and Tensor give Lyft optionality in autonomous mobility, but they also invite capital intensity, regulatory delay and execution risk. Meanwhile, Uber remains a formidable rival in core ride‑hailing, and price competition can quickly erode margins. [48] - Multiple compression vs. “growth stock” status
With many models still treating LYFT as trading at 40–60x earnings, the stock is vulnerable to multiple compression if growth slows or if investors rotate away from high‑multiple tech‑adjacent names. Bulls need continued beats (or at least solid “meets”) on growth and cash flow to justify those valuations. [49]
Is Lyft stock a buy right now?
From a news and consensus perspective as of December 7, 2025:
- Fundamentals: improving fast, with record bookings, solid growth, positive net income and strong free cash flow.
- Strategic story: broadening into healthcare, corporate, luxury and autonomous mobility, plus European expansion.
- Valuation & sentiment:
- Wall Street mostly says “Hold”, with average price targets clustered within a few dollars of today’s price. [50]
- A few models see modest upside; others see significant downside if the market re‑rates Lyft to more ordinary multiples.
- Independent quant and alt‑data platforms lean cautious to negative at current valuations. [51]
That makes LYFT, at least for now, look like a classic “show me” stock:
- Growth‑oriented investors may view it as a credible turnaround with optional upside from healthcare and AV bets.
- Value‑oriented or risk‑averse investors may look at a 60x P/E on 1–2% net margins and decide to wait for either more earnings or a better entry price.
Crucially, none of this is individualized investment advice. Whether Lyft stock belongs in a portfolio depends on your own risk tolerance, time horizon, diversification and financial situation. For decisions about buying or selling LYFT, consider consulting a licensed financial adviser and stress‑testing your thesis under less rosy assumptions.
Quick FAQ on Lyft stock (December 2025)
What is Lyft’s stock price today?
Lyft shares trade around $22.97 per share, near the upper end of their 52‑week range. [52]
What is the 12‑month price target for LYFT?
Across major aggregators, the average 12‑month target ranges from about $22 to $24.5 per share, with highs around $30–32 and lows around $10–16. [53]
Is Lyft profitable now?
Yes, Lyft reported positive net income in 2025, with Q3 net income of about $46 million and adjusted EBITDA margins ~2.9%, though GAAP net margins remain slim. [54]
What are the biggest risks for Lyft stock?
Key risks include regulatory changes, intense competition with Uber and others, the execution risk of integrating acquisitions and partnerships (like FreeNow and AV tie‑ups), and the possibility that high valuation multiples compress if growth slows. [55]
What’s the latest big news as of December 7, 2025?
Two big items: the healthcare push via Epic EHR integration and ongoing analyst re‑ratings that, while mostly still “Hold,” have significantly raised price targets since early 2025. [56]
References
1. www.marketbeat.com, 2. www.marketbeat.com, 3. www.marketbeat.com, 4. simplywall.st, 5. simplywall.st, 6. simplywall.st, 7. investor.lyft.com, 8. meyka.com, 9. simplywall.st, 10. simplywall.st, 11. simplywall.st, 12. simplywall.st, 13. simplywall.st, 14. www.tradingview.com, 15. www.tradingview.com, 16. investor.lyft.com, 17. investor.lyft.com, 18. www.investing.com, 19. investor.lyft.com, 20. investor.lyft.com, 21. www.investing.com, 22. investor.lyft.com, 23. stockstotrade.com, 24. stockstotrade.com, 25. simplywall.st, 26. www.marketbeat.com, 27. www.tipranks.com, 28. stockanalysis.com, 29. www.tradingview.com, 30. www.gurufocus.com, 31. public.com, 32. investor.lyft.com, 33. seekingalpha.com, 34. investor.lyft.com, 35. www.tradingview.com, 36. www.marketbeat.com, 37. investor.lyft.com, 38. www.tradingview.com, 39. meyka.com, 40. www.gurufocus.com, 41. www.marketbeat.com, 42. www.marketbeat.com, 43. www.marketbeat.com, 44. www.tradingview.com, 45. meyka.com, 46. investor.lyft.com, 47. simplywall.st, 48. investor.lyft.com, 49. simplywall.st, 50. www.marketbeat.com, 51. meyka.com, 52. www.marketbeat.com, 53. www.marketbeat.com, 54. investor.lyft.com, 55. www.investing.com, 56. simplywall.st
