Lyft stock is coming off a mixed five year stretch, with the share price down sharply over that window yet still carrying a valuation profile that screens as relatively cheap on several checks. That puts fresh focus on whether recent optimism is fully reflected in today’s price. Over the past five years, Lyft shares have fallen 69.7%, which means longer term holders are still sitting on sizeable losses despite more recent gains. The recent move to test autonomous ride hailing in London with...
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Ride sharing service Lyft (NASDAQ: LYFT) beat Wall Street’s revenue expectations in Q2 CY2026, with sales up 16.1% year on year to $1.84 billion. Its GAAP profit of $0.13 per share was 7.7% below analysts’ consensus estimates.
While earnings per share were slightly below estimates, other metrics signaled growth at the ride-share company.
Though its second-quarter gross bookings rose to $5.5 billion, the rideshare company expects bookings in the current quarter to rise at a slower pace of 15% to 19%.
Lyft Inc. (NASDAQ:LYFT) reports second-quarter earnings after the close Thursday following a strong run of headlines: New York taxis joining its platform, robotaxi tests beginning in London and Waymo going live in Nashville ahead of a planned Lyft integration. On...
↘️ Western Digital (WDC): Shares in the data storage company fell more than 14% premarket despite a more than elevenfold increase in quarterly profit driven by AI storage demand. Sandisk (SNDK) shares also dropped in off-hours trading, falling 7%, despite reporting soaring revenue.
Today Economic data: Weekly jobless claims, preliminary productivity and costs report for the second quarter, EIA weekly natural gas storage report, Challenger job-cuts report Earnings (a.m.): ConocoPhillips, Warner Bros Discovery, Kenvue, Fox Corp, Hertz, Keurig Dr Pepper, Datadog, Ralph Lauren Earnings (p.
Uber Technologies' (UBER) shares fell Wednesday after the ride-hailing company's second-quarter reve
Uber reported second-quarter results on Wednesday that beat on bookings and profit, but shares fell as the ride-hailing giant's bookings guidance missed analyst projections. Uber says its robotaxi push is still well underway, with investments set to grow.
(Bloomberg) -- Uber Technologies Inc. and UK startup Wayve Technologies Ltd. received permits to launch their robotaxi service in London with a safety driver, getting out ahead of Waymo and Baidu Inc.’s planned rollouts.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealSpaceX’s AI Splurge Puts Damper on Debut Earnings After IPOChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Bell Met With Michigan on Parasite Weeks Before RecallBeer Dynasty
(Bloomberg) -- Uber Technologies Inc. issued a bookings outlook that just met analyst estimates and said fierce competition in the key Brazil market weighed on trips volume, compounding concerns from investors about the company’s ability to evolve in the robotaxi era.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersSpaceX’s AI Splurge Puts a Damper on Debut Earnings After IPOBeer Dynasty Families
Transport for London granted private-hire vehicle licenses to a number of Wayve’s autonomous vehicles, which will operate with a private-hire driver behind the wheel to take control when necessary.
Today Federal Reserve speakers: Fed governor Lisa Cook Economic data: the Energy Information Administration’s weekly petroleum status report, U.S. services PMI, global services PMI, ADP employment survey Earnings (a.
Get a deeper insight into the potential performance of Lyft (LYFT) for the quarter ended June 2026 by going beyond Wall Street's top-and-bottom-line estimates and examining the estimates for some of its key metrics.
(Bloomberg) -- Polymarket is seeking to raise capital at a valuation of more than $20 billion, months after it closed an earlier round with new investment from hedge fund D.E. Shaw & Co.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallApple’s New CEO Taps Retired Hardware Executive for Management TeamMamdani Dismisses Business Leaders Advising NYC’s Mayor’s FundChina’s AI Blitz Creates ‘Death Zone’ for Riv
(Bloomberg) -- The breakdown of Uber Technologies Inc.’s robotaxi partnership with Alphabet Inc.’s Waymo is looming large over the ride-hailing giant’s quarterly results, as investors grow anxious about the stock that has lagged the broader market this year. Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders
Today Earnings (a.m.): Merck, Pfizer, McDonald's, Caterpillar, Spotify, Apollo, TPG, Marathon Petroleum, Archer-Daniels-Midland, DuPont, Kimberly-Clark Earnings (p.m.): SpaceX, Advanced Micro Devices, ...
Here is a way to get paid a real income now on your Uber shares, cash you keep no matter what, in exchange for agreeing to sell at a higher price if the stock gets there.
The market has priced this rideshare company like its best days are over, but its cash flow statement tells a surprisingly different story.
Uber and Lyft report earnings this week, but one ride-sharing giant stands out as the much stronger long-term buy.
The monthly jobs report comes out Friday. Before that, Elon Musk’s SpaceX will post its first earnings report as a listed company. Also reporting: Walt Disney; tech companies Palantir and Advanced Micro Devices; ride-sharing firms Uber and Lyft; private-equity firms Apollo, Carlyle and TPG; and fast-food chains McDonald's and Wendy’s.
In the closing of the recent trading day, Lyft (LYFT) stood at $15.86, denoting a +1.99% move from the preceding trading day.
Is the ride-hailing underdog still a reliable investment?
The low valuation multiples for value stocks provide a margin of safety that growth stocks rarely offer. However, the challenge lies in determining whether these cheap assets are genuinely undervalued or simply on sale due to their potentially deteriorating business models.
Baidu's Apollo Go unit and Freenow by Lyft have started autonomous vehicle testing on public roads in London. The partners have also secured a fully driverless trial permit in Hong Kong for right hand drive robotaxis. These trials mark the first right hand drive fully driverless program globally and extend Baidu's autonomous ridehailing reach beyond mainland China. Baidu, listed as NasdaqGS:BIDU, is pushing deeper into autonomous ridehailing as its stock trades around $105.29. The company...
Baidu's Apollo Go autonomous vehicles will be available on Freenow, the mobility network that Lyft acquired in 2025.