Lyft (LYFT) Dips More Than Broader Market: What You Should Know

Lyft (LYFT) closed at $16.09, down 1.95% on the day but up 7.89% over the past month, outperforming its sector. The company is expected to report earnings of $0.43 per share on November 5, 2026, representing 65.38% year-over-year growth, with revenue projected at $1.92 billion. Lyft currently holds a Zacks Rank #3 (Hold) rating with a Forward P/E of 9.97, trading at a discount to its industry average of 14.47.