Lyft, Inc. - Class A Common Stock (LYFT)

Shares of ride sharing service Lyft (NASDAQ: LYFT) jumped 27.4% in the afternoon session after the company reported strong first quarter 2025 results which significantly beat analysts' EPS and EBITDA expectations. Rides climbed 16% and the number of riders grew 11%, both setting new highs. 

Lyft stock soared over 25% to $16.20 after a buyback boost and upbeat Q1 results.

Lyft stock rises on $1.45B revenue, $750M buyback plan. Needham reiterates hold, Goldman Sachs upgrades to buy with PT of $20. Strong growth despite competition.

Lyft shares are trading higher Friday after the company reported better-than-expected first-quarter earnings on Thursday after the market closed.

Engine Capital said it is ending its campaign to give Lyft time to deliver on its new commitments following recent board discussions.

U.S. stock futures swung between gains and losses on Friday after 3 days of advance on Thursday. Futures of indices were mixed in premarket.

Gary Black, an investor at Future Fund LLC, believes Lyft's performance and AV adoption justify investing more in the company.

The company said weekly purchase applications declined by double-digit percentage points throughout April, which the industry hadn’t witnessed since the financial crisis of 2008.

The ride-hailing firm would utilize $500 million of this authorization within the next 12 months, with $200 million to be used in the next three months.

Ride sharing service Lyft (NASDAQ: LYFT) missed Wall Street’s revenue expectations in Q1 CY2025, but sales rose 13.5% year on year to $1.45 billion. Its GAAP profit of $0.01 per share was $0.03 above analysts’ consensus estimates.

Lyft releases its first-quarter results after Thursday's closing bell. Here's a look at the details of the report.

Uber stock was downgraded by Wedbush analysts who see a "lack of catalysts" for the ride-hail company after its Q1 results.

Uber Technologies Inc. revealed that autonomous vehicles from Alphabet Inc.'s Waymo unit are outperforming human drivers.

Ride sharing service Lyft (NASDAQ: LYFT) will be reporting results tomorrow after market close. Here’s what investors should know.