Lyft (LYFT) to Release Earnings on Thursday

05 Aug 2026, 02:10 by Doug Wharley · The Cerbat Gem

Lyft (NASDAQ:LYFT – Get Free Report) is expected to be announcing its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of $0.1439 per share and revenue of $1.8056 billion for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.

Lyft (NASDAQ:LYFT – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The ride-sharing company reported $0.04 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.26). The firm had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Lyft had a net margin of 43.82% and a negative return on equity of 2.09%. The firm’s revenue was up 17.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.01 EPS. On average, analysts expect Lyft to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Lyft Trading Up 2.1%

Shares of NASDAQ:LYFT opened at $16.73 on Wednesday. The stock has a market capitalization of $6.35 billion, a price-to-earnings ratio of 2.44, a PEG ratio of 0.97 and a beta of 1.80. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.58 and a current ratio of 0.58. The stock’s 50-day simple moving average is $14.78 and its two-hundred day simple moving average is $14.56. Lyft has a 52-week low of $12.46 and a 52-week high of $25.54.

Insider Buying and Selling

In related news, CAO Stephen W. Hope sold 5,460 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $13.76, for a total value of $75,129.60. Following the completion of the sale, the chief accounting officer directly owned 335,463 shares of the company’s stock, valued at approximately $4,615,970.88. This represents a 1.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Jill Beggs sold 2,093 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $13.76, for a total transaction of $28,799.68. Following the sale, the director owned 30,092 shares in the company, valued at approximately $414,065.92. The trade was a 6.50% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 45,535 shares of company stock worth $637,456 over the last ninety days. 0.92% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Lyft

A number of hedge funds have recently modified their holdings of the company. Sivia Capital Partners LLC purchased a new position in shares of Lyft during the 2nd quarter valued at $470,000. Fred Alger Management LLC purchased a new stake in Lyft in the 3rd quarter worth $376,000. Polen Capital Management LLC purchased a new stake in Lyft in the 4th quarter worth $353,000. Voleon Capital Management LP purchased a new stake in Lyft in the 3rd quarter worth $309,000. Finally, Vestcor Inc raised its holdings in Lyft by 609.0% during the third quarter. Vestcor Inc now owns 13,202 shares of the ride-sharing company’s stock valued at $291,000 after acquiring an additional 11,340 shares during the period. 83.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on LYFT shares. BTIG Research raised shares of Lyft from a “neutral” rating to a “buy” rating in a research report on Wednesday, June 17th. Royal Bank Of Canada dropped their price objective on shares of Lyft from $22.00 to $18.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Tigress Financial restated a “buy” rating and set a $28.00 target price on shares of Lyft in a research report on Wednesday, June 24th. Morgan Stanley boosted their target price on shares of Lyft from $17.00 to $18.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Finally, Sanford C. Bernstein started coverage on shares of Lyft in a report on Wednesday, June 17th. They set an “underperform” rating for the company. Twelve research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $19.43.

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Lyft Company Profile

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Lyft, Inc (NASDAQ: LYFT) operates a peer-to-peer ridesharing platform that connects passengers with drivers through a mobile application. Since its founding in 2012, the company has expanded beyond traditional ride-hailing to include bike and electric scooter rentals, while also offering rental cars and public transit options in select markets. Lyft’s platform uses GPS mapping and dynamic pricing algorithms to optimize driver-passenger matches and route efficiency.