Wedbush downgrades Lyft on autonomous vehicle disruption risk [Yahoo! Finance]
Lyft, Inc. - Class A (LYFT)
Last lyft, inc. - class a earnings: 2/11 04:05 pm
Check Earnings Report
Company Research
Source: Yahoo! Finance
The firm also lowered its price target on Lyft to $16 from $20. In a note led by analyst Scott Devitt, Wedbush argued that investors will increasingly focus on “the timeline in which AVs will expand to a greater share of consumers and the role that 3P distribution platforms like Uber and Lyft will play as the industry evolves.” While Wedbush acknowledged the near-term financial impact may be limited, it expects autonomous vehicles to disrupt the current model over time. “In our view, Lyft is most at risk to the impact of AV disruption given the company's exposure to the U.S. ridesharing market and undiversified offering mix,” Wedbush said. The firm added that although Lyft could pursue a niche role in the AV ecosystem, “we think AV operators will opt for more 1P distribution,” leading Wedbush to believe “the market is underestimating the negative terminal value impact that AVs may have on Lyft's DCF value.” Wedbush also flagged weaker confidence in Lyft's growth outlook. Ex
Show less
Read more
Impact Snapshot
Event Time:
LYFT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LYFT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LYFT alerts
High impacting Lyft, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
LYFT
News
- Stay away from Lyft as autonomous vehicles disrupt ridesharing market, says Wedbush [CNBC]CNBC
- Lyft (NASDAQ:LYFT) was downgraded by analysts at Wedbush from a "neutral" rating to an "underperform" rating.MarketBeat
- Bird and Lyft Advance Shared Mobility Access Across North America [Yahoo! Finance]Yahoo! Finance
- Why Lyft (LYFT) Stock Is Trading Up Today [Yahoo! Finance]Yahoo! Finance
- Bird and Lyft Advance Shared Mobility Access Across North America [Canadian Business Journal (Canada)]Canadian Business Journal
LYFT
Earnings
- 11/5/25 - Beat
LYFT
Sec Filings
- 12/11/25 - Form 4
- 12/8/25 - Form 4
- 12/8/25 - Form 4
- LYFT's page on the SEC website