Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

NASDAQ:LYFT

Lyft (LYFT)

14.27
-0.01 (0.07%)
as of Jun 18, 2026, 9:53:16 pm Market Open.
24 watching
0
WATCH

He suspects drivers will get more expensive, which will raise Lyft's costs. He bases this from what Doordash said last night about a driver shortage. That said, Lyft popped 3% today. Keep an eye on Monday if/when analysts raise their price targets.

BUY

This and Uber benefited from California voters rejecting proposition 22 which would have classified their drivers as employees, which would have increased their costs. Lyft shot up today.

WAIT
Lyft vs. Uber Technically, the better time to get in is when they start to show positive divergences. Hint of that, but it's not conclusive. No analysis to show that one is better than the other. Suspect they'd follow the same seasonality as technology. Wait until you see signs of selling exhaustion, which is not apparent yet.
DON'T BUY

Lyft went public just before Uber, and it's well below. It's profitless prosperity. You can get money from investors regardless of making money, without even having potential to make money but at one point the game will be up.

WATCH
Came out at $72 and shot up to low 80s, and now at 69. Valuation looks reasonable based on sales multiples. Biggest problem for these "unicorns" is they also have losses of billions of dollars. He's skeptical, though not skeptical enough to short it. Worth watching to see how the whole story unfolds.
Showing 16 to 20 of 20 entries