Oppenheimer Raises Lyft's Price Target to $20 and Maintains 'Outperform' | LYFT Stock News

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2 days ago
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On July 8, 2025, Oppenheimer analyst Chad Larkin announced an update on Lyft (LYFT, Financial), maintaining the 'Outperform' rating while raising the price target from $17.00 to $20.00. The revised price target marks a 17.65% increase from the previous target.

The decision to adjust the price target for Lyft (LYFT, Financial) reflects positive expectations from Oppenheimer, as the rating remains unchanged at 'Outperform'. This indicates ongoing confidence in Lyft's performance potential and market position.

Investors and market watchers will be closely monitoring how Lyft (LYFT, Financial) performs in the coming months, particularly in light of this upgraded outlook from Oppenheimer. This change in the price target suggests a favorable assessment of Lyft's strategies and future growth prospects.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 37 analysts, the average target price for Lyft Inc (LYFT, Financial) is $17.34 with a high estimate of $28.00 and a low estimate of $10.00. The average target implies an upside of 4.40% from the current price of $16.61. More detailed estimate data can be found on the Lyft Inc (LYFT) Forecast page.

Based on the consensus recommendation from 48 brokerage firms, Lyft Inc's (LYFT, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for Lyft Inc (LYFT, Financial) in one year is $17.24, suggesting a upside of 3.82% from the current price of $16.605. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Lyft Inc (LYFT) Summary page.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.