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Here's Why Investors Should Bet on Lyft Stock Right Now

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Key Takeaways

  • {\"0\":\" Earnings estimates for LYFT have been revised up, showing brokers\' growing confidence in the stock.\",\"1\":\" Shares have gained 33.2% YTD, beating the Internet- Services\' industry\'s growth.\",\"2\":\" Gross bookings rose 12% in Q2, with 234.8M rides and 26.1M active riders driving growth.\"}

Lyft (LYFT - Free Report) is bolstered by upbeat demand, which is boosting its top line. Efforts to expand and improve customer experience are also commendable. Due to these tailwinds, LYFT shares have performed impressively on the bourse. If you have not taken advantage of its share price appreciation yet, it’s time to do so.

Let’s delve deeper.

Factors Favoring LYFT Stock

Northward Earnings Estimate Revision: The Zacks Consensus Estimate for earnings per share has been revised upward by 5.4% over the past 60 days for the current year. For 2026, the consensus mark for earnings per share has moved 5.2% north in the same time frame. The favorable estimate revisions indicate brokers’ confidence in the stock.

Robust Price Performance: A look at the company’s price trend reveals that its shares have risen 33.2% in the year-to-date period, surpassing the Zacks  Internet - Services industry’s 23.1% growth.

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Image Source: Zacks Investment Research

Positive Earnings Surprise History: Lyft has a mixed earnings surprise history. The company's earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters and missed twice, delivering an average surprise of 15.8%.

Solid Zacks Rank: LYFT currently carries a Zacks Rank #2 (Buy).

Growth Factors: LYFT benefits from robust demand, achieving a 12% year-over-year increase in gross bookings in the second quarter of 2025, driving strong revenue growth. The platform supported 234.8 million rides and 26.1 million active riders, with total rides rising 14%, reflecting broad demand across various use cases. Active riders grew 10%, indicating improved retention and the addition of new users.

LYFT’s proactive initiatives highlight a clear focus on strategic growth and customer loyalty. By announcing upcoming partnerships with Baidu, BENTELER Mobility and United Airlines, Lyft is positioning itself at the intersection of technology, mobility innovation and travel. These new alliances open doors to enhanced ride experiences and broader market reach. Simultaneously, the strengthening of existing relationships with Alaska Airlines, Chase and DoorDash reinforces the company’s commitment to delivering consistent value through established, synergistic collaborations.

Other Stocks to Consider

Investors interested in the Transportation sector may also consider LATAM Airlines Group (LTM - Free Report) and The Greenbrier Companies (GBX - Free Report) .

LTM currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

LTM has an expected earnings growth rate of 45% for the current year. The company has a mixed earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters, missed once and met in the remaining quarter, delivering an average beat of 4.04%.

GBX currently carries a Zacks Rank #2.

Greenbrier has an expected earnings growth rate of 33% for the current year. The company has a mixed earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in three of the trailing four quarters and met once, delivering an average beat of 70%.


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Greenbrier Companies, Inc. (The) (GBX) - free report >>

LATAM Airlines Group S.A. (LTM) - free report >>

Lyft, Inc. (LYFT) - free report >>

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