LYFT Stock Recent News

Uber Technologies (UBER 0.72%) and Lyft (LYFT -0.12%) have been longtime competitors in the ride-sharing space. They've done a great job revolutionizing the mature taxi industry through technology.

Tesla Inc TSLA and Lyft Inc LYFT could be rivals in the future, with ride-share drivers and autonomous vehicles competing against each other to get consumers in vehicles.

The gig economy offers multiple advantages. If you wish to make the most of this rising trend, focusing on stocks like AMZN, LYFT and ANGI appears prudent.

There are many notable ‘duos' in the market, a list that includes Uber Technologies UBER and Lyft LYFT. Both companies facilitate the same type of service, though UBER's reach does extend to food delivery and others as well.

LYFT's first-quarter 2025 earnings and revenues improve year over year.

The ride-sharing company's achievement of GAAP profitability, healthy free cash flow generation, and an upsized share repurchase program are signaling to investors that the company may be at a potential turning point.

Shares Lyft, Inc. LYFT continue to move higher Monday. The company reported better than expected earnings.

Lyft, Inc.'s Q1 2025 earnings showed strong growth with net revenue at $1.45 billion and adjusted EBITDA at $106.5 million, leading to a 28% stock surge. Despite recent gains, Lyft's long-term performance lags behind Uber, remaining 79% below its IPO price, while Uber has nearly doubled. Lyft's acquisition of FreeNow raises concerns about their understanding of the European market and the realistic total addressable market for ride-hailing services.

Earnings releases led to a slump in Uber shares and a surge in Lyft shares last week. Outlook for both look decent.

Lyft (LYFT 27.96%) stock jumped 28% on Friday after an earnings report that shouldn't have been a big surprise for investors. But the company continues to grow and announced an aggressive buyback plan that could help shares.