옵션 체인은 다양한 행사가격과 만기일에 대한 Lyft의 주식 옵션 주요 데이터를 보여줍니다. 트레이더들은 이 정보를 사용하여 잠재적 거래를 분석하고 Lyft에 대한 시장 심리를 평가합니다..

Lyft (NASDAQ:LYFT) 주식, 옵션 체인

Lyft

Lyft is the second-largest ride-sharing service provider in the us and Canada, connecting riders and drivers over the Lyft app. Incorporated in 2013, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft also has entered the bike- and scooter-share market to bring multimodal transportation options to users.

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자율주행의 세계가 중요한 순간에 빠르게 다가오고 있다: 테슬라(NASDAQ:TSLA)가 10월 10일 로보택시 이벤트를 개최할 예정이다. 무슨 일이 (What Happened): 텍사스 오스틴에 본사를 둔 이 자동차 제조업체는 운전자가 없는 기술에 대한 대중의 의견이 분열된 상황에서도 또 다른 대담한 조치를 취할 준비를 하고 있다. 퓨 리서치(Pew Research)의 조사에 따르면, 미국 성인의 거의 63%가 운전자가 없는 차량에 탑승하지 않겠다고 답했다.

테슬라의 로보택시 야망, 미국 대다수가 자율주행 기술에 대해 불안해 하는 가운데 등장

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테슬라(NASDAQ:TSLA)는 로보택시를 통해 자율주행 차량호출 서비스로 전환하기 위해 노력하고 있으며, 이러한 전환으로 우버 테크놀로지스(NYSE:UBER)와 직접적인 경쟁 위치에 섰다. 두 회사가 근시일 내에 마주칠 가능성이 높은 만큼, 여기서는 2022년 초부터 두 회사의 주가 움직임을 알아보도록 하겠다.

테슬라 대 우버: 만약 2022년에 이 회사들에 각각 1,000달러를 투자했다면, 지금은 얼마?

Earnings

Pre-Market Outlook

TEVA

수요일 오전(현지 시간) 미국 주식 선물 거래가 혼조세를 보이고 있는 가운데, 오늘 투자자들의 관심을 끌 수 있는 일부 주식은 다음과 같다: 월가는 수요일 개장 전 분기 실적 발표로 에머슨 일렉트릭(NYSE:EMR)이 매출 42억 9천만 달러, 주당 1.25달러의 분기 이익을 보고할 것으로 예상한다. 에머슨 일렉트릭의 주식은 시간외 거래에서 1.2% 오른 108.70달러에 거래되었다. 

우버, 리프트 그리고 수요일에 주목해야 할 3개의 주식

Lyft Inc

LYFT CL A ORD

DashPass membership now includes discounted Lyft rides and free Priority Pickup upgrades
Lyft riders to receive free 3-month DashPass trial
DoorDash (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>) and Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) today announced a partnership to offer benefits on both rides and local delivery. DashPass members will unlock monthly rideshare benefits at no additional cost, and eligible Lyft riders will receive a free trial of DashPass.

DASH

DoorDash And Lyft Partner To Unlock Exclusive Benefits; DashPass Membership Now Includes Discounted Lyft Rides And Free Priority Pickup Upgrades; Lyft Riders To Receive Free 3-Month DashPass Trial

Financial giants have made a conspicuous bullish move on Lyft. Our analysis of options history for Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) revealed 8 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $226,670, and 4 were calls, valued at $150,165.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $10.0 to $17.0 for Lyft over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Lyft's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Lyft's significant trades, within a strike price range of $10.0 to $17.0, over the past month.
<h3>Lyft Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730216725_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>LYFT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$3.4</td>
<td>$3.35</td>
<td>$3.35</td>
<td>$17.00</td>
<td>$87.7K</td>
<td>28</td>
<td style="text-align: right;">263</td>
</tr>
<tr>
<td>LYFT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/08/24</td>
<td>$0.84</td>
<td>$0.83</td>
<td>$0.84</td>
<td>$13.50</td>
<td>$57.7K</td>
<td>1.0K</td>
<td style="text-align: right;">734</td>
</tr>
<tr>
<td>LYFT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$3.2</td>
<td>$3.15</td>
<td>$3.15</td>
<td>$15.00</td>
<td>$52.9K</td>
<td>1.1K</td>
<td style="text-align: right;">169</td>
</tr>
<tr>
<td>LYFT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$4.2</td>
<td>$4.15</td>
<td>$4.16</td>
<td>$10.00</td>
<td>$41.6K</td>
<td>118</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>LYFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$1.25</td>
<td>$1.24</td>
<td>$1.25</td>
<td>$13.50</td>
<td>$39.6K</td>
<td>948</td>
<td style="text-align: right;">325</td>
</tr>
</tbody>
</table>

<h3>About Lyft</h3>
Lyft is the second-largest ride-sharing service provider in the us and Canada, connecting riders and drivers over the Lyft app. Incorporated in 2013, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft also has entered the bike- and scooter-share market to bring multimodal transportation options to users.
In light of the recent options history for Lyft, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of Lyft</h3>
<ul>
<li>With a volume of 2,840,435, the price of LYFT is up 0.14% at $13.91. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 8 days.</li>
</ul>
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Options

Lyft Unusual Options Activity

ARK Investment Management said on Monday that Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41444334/tesla-robotaxi-reveal-falls-flat-amid-lack-of-clarity-shifting-focus-back-on-elon-m">driverless ride-hailing plans</a> could unlock $11 trillion in revenue potential, exceeding the total addressable market that ride-hailing companies Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and LYFT Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) target today.
What Happened: &#8220;In our view, Tesla should enjoy a price umbrella at its robotaxi launch, thanks to the high level of current ride-hail prices&#8230; while leveraging a lower cost per mile than the average vehicle on the road,&#8221; Ark Invest analysts wrote in their weekly newsletter.
The lower operating costs of electric vehicles as compared to gas vehicles could help Tesla undercut rival ride-hailing platforms and the lower cost per mile could make it more profitable than owning a car, they said. 
&#8220;Without safety drivers, Tesla has suggested that, at scale, its robotaxi rides will cost consumers only $0.30-0.40 cents per mile,&nbsp;slightly higher than ARK's estimate of ~$0.25 per mile but well below current ride-hail costs of ~$2 per mile and personal car ownership costs of ~$0.70 per mile,&#8221; Ark said.
Why It Matters: During its third-quarter earnings call earlier this month, Tesla CEO Elon Musk said that the company expects to start a ride-hail service in Texas and California starting next year, <a href="https://www.benzinga.com/news/24/10/41484511/palo-alto-may-open-streets-to-tesla-robotaxis-but-california-regulators-will-decide-fate">subject to regulatory approval</a>.
However, the vehicles might not all operate as driverless robotaxis but with a driver as some states demand it until the company touches certain milestones in terms of miles and hours driven, the company then said.
However, Musk expressed confidence about the <a href="https://www.benzinga.com/top-stories/24/10/41279865/elon-musk-may-unveil-teslas-robotaxi-but-consumers-respond-with-ehhh-new-study-reveals-skepticism-ne">company operating driverless paid rides sometime next year. </a>
Tesla also unveiled a no-pedal, no-steering wheel dedicated robotaxi product earlier this month called the Cybercab. Cybercab, Musk then said, will enter production &#8216;before 2027&#8217; and will be priced below $30,000. Until then, the ride-hail fleet will be composed of the company&#8217;s Model 3 and Model Y.
Price Action: Tesla&#8217;s stock declined 2.5% on Monday to close at $262.51. Year-to-date, Tesla&#8217;s shares are up 5.7%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Uber&#8217;s stock closed marginally up by 0.1% at $77.69, while Lyft gained 3.6% to close at $13.89 on Monday.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/10/41568577/elon-musk-channels-warren-buffett-as-teslas-stock-booms-after-strong-q3-having-a-publicly-traded" target="_blank" rel="noreferrer noopener">Elon Musk Channels Warren Buffett As Tesla's Stock Booms After Strong Q3: ‘Having A Publicly Traded Company Is Like…'</a></li>
</ul>
Photo courtesy: Tesla

Analyst Color

Cathie Wood's Ark Invest Sees Tesla Unlocking $11 Trillion Revenue Potential With Robotaxi Fleet, Eclipsing Uber And Lyft

Lyft To Pay $2.1M Civil Penalty To Resolve U.S. Charges Over Deceptive Advertising To Prospective Drivers

WIIM

Lyft shares are trading lower after the US filed a lawsuit against the company, accusing it of violations related to unfair and deceptive acts or practices in commerce.

Legal

U.S. Files Lawsuit Against Lyft, Accusing It Of Violations Concerning Unfair And Deceptive Acts Or Practices In Commerce

Benchmark analyst Michael Ward initiates coverage on Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) with a Hold rating.

Initiation

Analyst Ratings

Benchmark Initiates Coverage On Lyft with Hold Rating

<figure class="wp-block-image size-large"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2024/10/2024-10-24_08h26_22.png" alt="" /></figure>
To gain an edge, this is what you need to know today.
<h4 class="wp-block-heading">Counterbalanced Crosscurrents</h4>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-blowout-tesla-earnings-cybercab-tsla-mc-10242024">click here</a> for an enlarged chart of Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>).
Note the following:
<ul>
<li>This article is about the big picture, not an individual stock.&nbsp; The chart of TSLA stock is being used to illustrate the point.</li>
<li>The chart shows that prior to the release of Tesla earnings, TSLA stock was approaching the top band of the support zone.</li>
<li>After the close, Tesla reported blowout earnings.</li>
<li>Tesla earnings are significantly better than the whisper numbers.&nbsp; Stocks move based on the difference between report numbers and whisper numbers.&nbsp; Whisper numbers are the numbers analysts provide privately to their best clients.&nbsp; These numbers are often different from the numbers the same analysts publish for public consumption.</li>
<li>The most important number in Tesla earnings is ex-credits gross margin.&nbsp; Tesla handily beat the Street consensus of 15.1%.&nbsp; Tesla reported 17.1%.</li>
<li>The chart shows that after the earnings TSLA stock is approaching the top band of the resistance zone.</li>
<li>RSI on the chart shows TSLA stock going quickly from very oversold to very overbought.&nbsp; Historically, such thrust in RSI leads to a higher stock price.</li>
<li>If the historical precedence holds and the overall stock market does not tank, the probability of TSLA stock reaching the top resistance zone shown on the chart is about 70%.&nbsp; As full disclosure, there is a new buy signal on TSLA in ZYX Buy.</li>
<li>Tesla CEO Elon Musk's comments about robotaxi deployment are adding to the optimism.&nbsp; Musk's comments about robotaxis are bringing in selling in Uber Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and LYFT Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>).</li>
<li>NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) is the most important stock for this market.&nbsp; Yesterday, due to rising yields, the NVDA breakout was failing.</li>
<li>Tesla is one of the biggest customers of NVDA.&nbsp; Blowout earnings from TSLA are bringing in buying to NVDA stock.&nbsp; As of this writing in the premarket, NVDA has moved above the key $140 level.</li>
<li>Markets always have crosscurrents.&nbsp; We have been sharing with you that yields are rising.&nbsp; In yesterday's Morning Capsule we wrote,</li>
</ul>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">Ten year Treasury yield has reached 4.24% as of this writing in the premarket.&nbsp; As we wrote yesterday, when the yield crosses 4.25%, it will start catching smart money&#8217;s attention.&nbsp; This is exactly what is happening today, and it is bringing selling into the stock market.
</blockquote>
<ul>
<li>Yesterday, the yield on 10 year Treasuries reached 4.258% at its high.&nbsp; This brought selling into the stock market.</li>
<li>We have also been sharing with you in advance that for the stock market to sustain at this level earnings will have to be very robust. Tesla earnings are counterbalancing rising yields.&nbsp;</li>
<li>20 year Treasury bond reopening auction results are poor, indicating less demand than expected.&nbsp; Here are the details:
<ul>
<li>$13B 20 year Treasury bond reopening</li>
<li>High yield: 4.590% (When-Issued: 4.574%)</li>
<li>Bid-to-cover: 2.59</li>
<li>Indirect bid: 67.9%</li>
<li>Direct bid: 17.6%</li>
</ul>
</li>
<li>Initial jobless claims came at 227K vs. 246K consensus.&nbsp; This indicates that the jobs picture is stronger than expected.&nbsp; This data is an additional data point that shows the Fed was overly aggressive when the Fed spiked the punch bowl with the 50 bps cut.&nbsp; Initial jobless claims is a leading indicator and carries heavy weight in our adaptive <a href="https://thearorareport.com/ALLOCATION%2BMODELS.htm">ZYX Asset Allocation Model</a> with inputs in <a href="https://thearorareport.com/unique-zyx-asset-allocation-4/">ten categories</a>.&nbsp; In plain English, adaptiveness means that the model changes itself with market conditions.&nbsp; Please <a href="https://thearorareport.com/unique-zyx-asset-allocation-3/">click here</a> to see how this is achieved.&nbsp; One of the reasons behind The Arora Report's unrivaled performance in both bull and bear markets is the adaptiveness of the model.&nbsp; Most models on Wall Street are static.&nbsp; They work for a while and then stop working when market conditions change.</li>
</ul>
<h3 class="wp-block-heading">Europe</h3>
European stocks are seeing buying on better than expected manufacturing PMI.
<ul>
<li>Flash Manufacturing PMI came at 45.9 vs. 45.1 consensus.</li>
<li>Flash Services PMI came at 51.2 vs. 51.4 consensus.</li>
</ul>
Buying in European stocks is bringing positive sentiment to the U.S. stock market in the early trade.
<h3 class="wp-block-heading">Magnificent Seven Money Flows</h3>
In the early trade, money flows are positive in Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Alphabet Inc Class C (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), NVDA, and TSLA.
In the early trade, money flows are neutral in Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>).
In the early trade, money flows are positive in SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>).
<h3 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h3>
Investors can gain an edge by knowing money flows in SPY and QQQ.&nbsp; Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.&nbsp; The most popular ETF for gold is SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>).&nbsp; The most popular ETF for silver is iShares Silver Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLV#NYSE">SLV</a>).&nbsp; The most popular ETF for oil is United States Oil ETF (ASCA:USO).
<h3 class="wp-block-heading">Bitcoin</h3>
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is seeing buying on positive sentiment created by Tesla earnings.
<h3 class="wp-block-heading">Protection Band And What To Do Now</h3>
It is important for investors to look ahead and not in the rearview mirror.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h3 class="wp-block-heading">Traditional 60/40 Portfolio</h3>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Market Summary

$BTC

AAPL

AMZN

MSFT

NVDA

Sentiment From Tesla Earnings Counterbalances Rising Yields, Good For Nvidia

Shares of Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and LYFT Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) dropped in Thursday&#8217;s pre-market session after Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk announced that the company's new Cybercab is being tested on San Francisco streets, exclusively for Tesla employees.
What Happened: <a href="https://pro.benzinga.com">Benzinga Pro</a> data revealed that Uber&#8217;s shares fell by 2.12% and Lyft&#8217;s by 1.54% after Musk&#8217;s announcement. During Tesla&#8217;s earnings call, Musk shared that the ride-hailing feature is available for Tesla employees in the Bay Area, using a development app with a safety driver. The software for this service is already developed, Musk stated.
He also mentioned plans to expand the service to the public in California and Texas next year, though California&#8217;s regulatory process might delay the rollout. Texas is expected to approve more quickly. Musk anticipates the service will be available in California, Texas, and possibly other states by next year.
Musk expressed confidence in the Cybercab reaching volume production by 2026, aiming for at least 2 million units annually, potentially increasing to 4 million. This marks a significant shift for Tesla beyond vehicle and battery manufacturing.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41436349/tesla-q3-earnings-preview-analyst-says-1-8-million-unit-estimate-hittable-for-2024-?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla Q3 Earnings Preview: Analyst Says 1.8 Million Unit Estimate &#8216;Hittable&#8217; For 2024, &#8216;2 Million+ Number The Focus For 2025&#8217;</a>
Why It Matters: The announcement of Tesla&#8217;s Cybercab testing has <a href="https://www.benzinga.com/markets/equities/24/10/41288999/why-uber-lyft-shares-are-speeding-up-in-fridays-premarket">impacted the stock performance </a>of ride-hailing giants Uber and Lyft. Previously, both companies saw an uptick in their shares after Tesla&#8217;s announcement of the Cybercab&#8217;s production timeline.
The anticipation of Tesla&#8217;s entry into the ride-hailing market has been a topic of discussion, with Uber CEO Dara Khosrowshahi acknowledging Tesla&#8217;s potential in <a href="https://www.benzinga.com/news/24/10/41424058/uber-ceo-dara-khosrowshahi-finds-elon-musks-robotaxi-vision-pretty-compelling-says-tesla-will-eventu">achieving vehicle autonomy </a>at scale. However, Khosrowshahi also noted that he bets on Waymo by Google parent Alphabet Inc. for the next five years.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41479388/elon-musk-says-tesla-spacex-manufactured-in-costly-california-just-because-he-lived-there-even-as-ri?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Says Tesla, SpaceX Manufactured In Costly California Just Because He Lived There Even As Rivals&nbsp;Boeing, Lockheed Martin Left: &#8216;These Were Done In Spite Of, Not Because Of, The California Govt&#8217;</a></li>
</ul>
Disclaimer: This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image via Tesla

General

Uber, Lyft Shares Are Sliding In Premarket Today: Is Elon Musk's Robotaxi Plan The Reason?

Jefferies analyst John Colantuoni has raised price targets on Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) ahead of earnings in the coming weeks. Here&#8217;s what <a href="https://www.benzinga.com/analyst-stock-ratings">you need to know</a>.
Jefferies On UBER: Colantuoni maintained a Buy rating on Uber on Tuesday and raised the price target from $100 to $105.
Colantuoni&#8217;s expectations for Uber&#8217;s <a href="https://www.benzinga.com/calendars/earnings">upcoming earnings report</a> remain high, as he believes the company is somewhat shielded from macroeconomic trends due to its skew toward high-income customers. 
In addition, the analyst anticipates strong EBITDA and ride bookings results, which he believes will enhance confidence in the company&#8217;s ability to achieve its three-year outlook and justify a higher multiple. 
In the company&#8217;s most recent quarter, Uber guided for adjusted EBITDA of $1.58 billion to $1.68 billion and gross bookings between $40.25 billion and $41.75 billion for the third quarter. 
Colantuoni also noted that he&#8217;s on the lookout for further insights into the company&#8217;s autonomous vehicle partnerships. The analyst anticipates a renewed focus on Uber&#8217;s fundamentals following Tesla&#8217;s &#8220;underwhelming&#8221; robotaxi event. 
Related Link: <a href="https://www.benzinga.com/markets/equities/24/10/41445510/tesla-shareholders-demand-answers-from-elon-musk-on-growing-list-of-promises-ahead-of-q3-earning">Tesla Shareholders Demand Answers From Elon Musk On Growing List Of Promises Ahead Of Q3 Earnings: From Affordable Models To FSD Rollout And Next-Generation Roadster</a>
Uber is due to report earnings for the third quarter on Oct. 31. Analysts expect Uber to report EPS of 39 cents and revenue of $10.97 billion, according to estimates from <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Jefferies On LYFT: Colantuoni maintained a Hold rating on Lyft and raised the price target from $10.50 to $13.
Lyft is scheduled to report earnings on Nov. 6. The company is expected to report EPS of 19 cents and revenue of $1.44 billion for the third quarter, according to <a href="http://pro.benzinga.com">Benzinga Pro</a> estimates.
Colantuoni said he will be watching for evidence that Lyft can maintain market share over time, especially after the company issued &#8220;aggressive&#8221; three-year targets at its Investor Day earlier this year.
&#8220;We believe the market will otherwise remain skeptical of a 3-year outlook that assumes limited pricing growth and implies Gross Margin expansion is dependent on increased Media penetration (and lower incentives) to offset insurance inflation, despite mobility advertising being relatively nascent,&#8221; the analyst said.
Lyft&#8217;s guidance for the third-quarter included expected gross bookings of $4 billion to $4.1 billion and adjusted EBITDA between $90 million and $95 million. Colantuoni said he will also be watching for bookings and EBITDA guidance moving forward, mobility trends and pricing, marketing spend, impacts of insurance renewals and any robotaxi commentary.
Price Action: At the time of writing, Lyft stock was down 1.92% at $13.77 and Uber stock was down 0.11% at $80.27, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41372597/elon-musk-isnt-the-only-one-chasing-super-app-dominance-in-the-us-uber-ceo-eyes-a-slice-with-potenti">Elon Musk Isn&#8217;t The Only One Chasing &#8216;Super App&#8217; Dominance In The US— Uber CEO Eyes A Slice With Potential Expedia Acquisition</a></li>
</ul>
Image: Shutterstock.

Price Target

Movers

Jefferies Raises Targets On Uber, Lyft Shares Ahead Of Q3 Earnings

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>JOBY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$6.00</td>
<td>$42.3K</td>
<td>2.2K</td>
<td>11.4K</td>
</tr>
<tr>
<td>GRAB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$4.50</td>
<td>$37.5K</td>
<td>450</td>
<td>5.5K</td>
</tr>
<tr>
<td>ACHR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$3.50</td>
<td>$75.2K</td>
<td>49.2K</td>
<td>2.6K</td>
</tr>
<tr>
<td>MMM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$140.00</td>
<td>$98.0K</td>
<td>290</td>
<td>1.4K</td>
</tr>
<tr>
<td>BA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/01/24</td>
<td>$160.00</td>
<td>$305.6K</td>
<td>377</td>
<td>973</td>
</tr>
<tr>
<td>LYFT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$15.00</td>
<td>$46.8K</td>
<td>320</td>
<td>274</td>
</tr>
<tr>
<td>ZIM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$24.00</td>
<td>$43.2K</td>
<td>1.0K</td>
<td>234</td>
</tr>
<tr>
<td>MYRG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$120.00</td>
<td>$106.8K</td>
<td>0</td>
<td>120</td>
</tr>
<tr>
<td>GEV</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$287.50</td>
<td>$38.3K</td>
<td>164</td>
<td>59</td>
</tr>
<tr>
<td>UPS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$130.00</td>
<td>$44.4K</td>
<td>1.1K</td>
<td>31</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For JOBY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>), we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on October 25, 2024. This event was a transfer of 1058 contract(s) at a $6.00 strike. This particular call needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $42.3K, with a price of $40.0 per contract. There were 2214 open contracts at this strike prior to today, and today 11406 contract(s) were bought and sold. 
• Regarding GRAB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRAB#NASDAQ">GRAB</a>), we observe a call option sweep with bearish sentiment. It expires in 59 day(s) on December 20, 2024. Parties traded 2500 contract(s) at a $4.50 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $37.5K, with a price of $15.0 per contract. There were 450 open contracts at this strike prior to today, and today 5532 contract(s) were bought and sold. 
• For ACHR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACHR#NYSE">ACHR</a>), we notice a call option sweep that happens to be bearish, expiring in 87 day(s) on January 17, 2025. This event was a transfer of 2500 contract(s) at a $3.50 strike. This particular call needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $75.2K, with a price of $30.0 per contract. There were 49222 open contracts at this strike prior to today, and today 2675 contract(s) were bought and sold. 
• For MMM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), we notice a put option sweep that happens to be bullish, expiring in 87 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $140.00 strike. This particular put needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $98.0K, with a price of $987.0 per contract. There were 290 open contracts at this strike prior to today, and today 1486 contract(s) were bought and sold. 
• For BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we notice a put option sweep that happens to be neutral, expiring in 10 day(s) on November 1, 2024. This event was a transfer of 597 contract(s) at a $160.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $305.6K, with a price of $512.0 per contract. There were 377 open contracts at this strike prior to today, and today 973 contract(s) were bought and sold. 
• Regarding LYFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>), we observe a put option sweep with bearish sentiment. It expires in 24 day(s) on November 15, 2024. Parties traded 242 contract(s) at a $15.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $46.8K, with a price of $194.0 per contract. There were 320 open contracts at this strike prior to today, and today 274 contract(s) were bought and sold. 
• For ZIM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>), we notice a call option trade that happens to be bullish, expiring in 24 day(s) on November 15, 2024. This event was a transfer of 200 contract(s) at a $24.00 strike. The total cost received by the writing party (or parties) was $43.2K, with a price of $216.0 per contract. There were 1001 open contracts at this strike prior to today, and today 234 contract(s) were bought and sold. 
• Regarding MYRG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYRG#NASDAQ">MYRG</a>), we observe a put option trade with bullish sentiment. It expires in 59 day(s) on December 20, 2024. Parties traded 120 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $106.8K, with a price of $890.0 per contract. There were 0 open contracts at this strike prior to today, and today 120 contract(s) were bought and sold. 
• Regarding GEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>), we observe a call option sweep with bearish sentiment. It expires in 10 day(s) on November 1, 2024. Parties traded 59 contract(s) at a $287.50 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $38.3K, with a price of $650.0 per contract. There were 164 open contracts at this strike prior to today, and today 59 contract(s) were bought and sold. 
• Regarding UPS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>), we observe a put option trade with bearish sentiment. It expires in 451 day(s) on January 16, 2026. Parties traded 30 contract(s) at a $130.00 strike. The total cost received by the writing party (or parties) was $44.4K, with a price of $1480.0 per contract. There were 1101 open contracts at this strike prior to today, and today 31 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ACHR

GRAB

JOBY

MYRG

10 Industrials Stocks With Whale Alerts In Today's Session

Jefferies analyst John Colantuoni maintains Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) with a Hold and raises the price target from $10.5 to $13.

Jefferies Maintains Hold on Lyft, Raises Price Target to $13

Lyft's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NYSE">LYFT</a>) short percent of float has risen 4.16% since its last report. The company recently reported that it has 50.37 million shares sold short, which is 14.77% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.38 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Lyft Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729602922_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Lyft has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Lyft's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Lyft's peer group average for short interest as a percentage of float is 9.17%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(LYFT) - Analyzing Lyft's Short Interest

Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) underwent analysis by 22 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">19</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">14</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Lyft, revealing an average target of $13.55, a high estimate of $18.00, and a low estimate of $10.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 23.01%. 
<img src="https://www.benzinga.com/files/images/story/2024/1729267251_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A comprehensive examination of how financial experts perceive Lyft is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Lloyd Walmsley</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$13.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>Deepak Mathivanan</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$13.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Deepak Mathivanan</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$13.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Deepak Mathivanan</td>
<td>Cantor Fitzgerald</td>
<td>Announces</td>
<td>Neutral</td>
<td>$13.00</td>
<td>-</td>
</tr>
<tr>
<td>Rob Sanderson</td>
<td>Loop Capital</td>
<td>Lowers</td>
<td>Buy</td>
<td>$16.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Anindya Das</td>
<td>Nomura</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$13.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Rohit Kulkarni</td>
<td>Roth MKM</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$13.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Brad Erickson</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$17.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Itay Michaeli</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$10.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Ross Sandler</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$14.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>John Blackledge</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Hold</td>
<td>$15.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Benjamin Black</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Hold</td>
<td>$11.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Doug Anmuth</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Brian Pitz</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$13.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Lloyd Walmsley</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$12.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Scott Devitt</td>
<td>Wedbush</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$12.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Ken Gawrelski</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$12.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Mark Mahaney</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$17.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Youssef Squali</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$13.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Shyam Patil</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$10.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Michael Graham</td>
<td>Canaccord Genuity</td>
<td>Lowers</td>
<td>Buy</td>
<td>$18.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Conor Cunningham</td>
<td>Melius Research</td>
<td>Announces</td>
<td>Hold</td>
<td>$15.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Lyft. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Lyft compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Lyft's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Lyft's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/LYFT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Lyft analyst ratings.</a>
<h2>Get to Know Lyft Better</h2>
Lyft is the second-largest ride-sharing service provider in the us and Canada, connecting riders and drivers over the Lyft app. Incorporated in 2013, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft also has entered the bike- and scooter-share market to bring multimodal transportation options to users.
<h3>Lyft: Delving into Financials</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Lyft showcased positive performance, achieving a revenue growth rate of 40.64% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Lyft's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 0.35%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Lyft's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.94% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Lyft's ROA stands out, surpassing industry averages. With an impressive ROA of 0.1%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 2.01.
<h2>The Basics of Analyst Ratings</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Landscape: 22 Takes On Lyft

Lyft Option Alert: 1,000 Contracts Of Oct 25 $14 Calls Swept Near The Ask At $0.26; Open Interest 2,062; Stock At $13.75 Ahead Of 11/6 Earnings

UBS analyst Lloyd Walmsley maintains Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) with a Neutral and raises the price target from $12 to $13.

UBS Maintains Neutral on Lyft, Raises Price Target to $13

Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) shares are <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">trading higher on Thursday.</a>
The company said it is <a target="_blank" href="https://www.businesswire.com/news/home/20241017769811/en/Cash-App-Pay-Integrates-with-Lyft-for-Seamless-Payments#:~:text=With%20an%20integrated%20Cash%20App,App%20to%20the%20Lyft%20app" rel="noreferrer noopener">partnering</a> with Cash App to offer digital-first consumers greater flexibility when hailing a ride. Cash App is a payment service owned by&nbsp;Block, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>).
Through its integrated partnership with Cash App Pay, Lyft is introducing a simple and user-friendly payment option for riders. This allows customers to link Cash App directly to the Lyft app, eliminating the need to take out a card or enter payment details.
This collaboration highlights Cash App Pay&#8217;s convenience and accessibility, catering to the preferences of the next generation of customers, per the company&#8217;s press release.
Also Read: <a target="_blank" href="https://www.benzinga.com//node/41372597" rel="noreferrer noopener">Elon Musk Isn&#8217;t The Only One Chasing &#8216;Super App&#8217; Dominance In The US— Uber CEO Eyes A Slice With Potential Expedia Acquisition</a>
&#8220;Today&#8217;s partnership with Cash App gives riders even more options for getting out into the world — making it as easy and rewarding to pay for a Lyft ride,&#8221;&nbsp;said Jordan Glassberg, VP of Partnerships and Loyalty at Lyft.
For digital-first consumers seeking alternatives to traditional credit cards, Cash App Pay offers the flexibility to pay using their Cash App balance or a linked debit card.
A recent study on customer satisfaction in banking and financial technologies found that Cash App is a preferred platform among Gen Z and Millennials.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, LYFT stock has gained over 25% in the past year. Investors can gain exposure to the stock via&nbsp;Advisor Managed Portfolios Trenchless Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RVER#NYSE">RVER</a>) and&nbsp;Amplify ETF Trust Amplify Travel Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AWAY#NYSE">AWAY</a>).
Price Action: LYFT shares are trading higher by 1.16% to $13.55 at last check Thursday.
Photo via Shutterstock
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AWAY

RVER

Lyft's Latest Move: Cash App Partnership Offers Easier Payments For Gen Z And Millennials

Starting today, Cash App and Lyft are partnering to give digital-first consumers more flexibility when taking a ride. This partnership puts the convenience and accessibility of paying with Cash App Pay front and center, focusing on the preferences of the next generation of customers.
"Lyft connects riders with the people and places they love. Today's partnership with Cash App gives riders even more options for getting out into the world — making it as easy and rewarding to pay for a Lyft ride." Jordan Glassberg, VP of Partnerships and Loyalty at Lyft.
With an integrated Cash App Pay partnership, Lyft is adding an easy and exceptionally customer-friendly new payment method. It means that riders don't have to pull out a card and enter their information, instead seamlessly linking Cash App to the Lyft app.
For digital-first consumers who are looking for an option outside of traditional credit cards, they can choose to use Cash App Pay as a payment method and pay with their Cash App balance or linked debit card. According to a recent study on customer satisfaction when it comes to banks and financial technologies, Cash App was ranked as a top financial technology platform preferred by Gen Z and Millennials.1
"We are thrilled to join forces with Lyft to mark a significant milestone to offer more payment optionality within the rideshare space. With more consumers actively seeking solutions outside of traditional financial systems, this partnership will give consumers a new flexible and convenient digital payment solution when paying for their fares." Tanuj Parikh, Head of Partnerships, Cash App and Afterpay.
With this partnership, Lyft will be able to engage with Cash App's 57 million monthly transacting actives as of the second quarter of 2024.2 Within the same time period, Lyft reported over 23.7 million active riders.

Cash App Pay Integrates With Lyft For Seamless Payments; Lyft Becomes The First-ever Rideshare Partner For Cash App Pay

Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), MicroStrategy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), Top Wealth Group Holding Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWG#NASDAQ">TWG</a>), Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and JP Morgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) are the top five trending tickers on Stocktwits Friday. Here's a look at what grabbed retail investors' attention. 
TSLA Tops The List: Investors are "selling the news" after Tesla debuted its completely autonomous Cybercab at the "We, Robot" event Thursday night. CEO Elon Musk said the Cybercab will be priced under $30,000, but will <a href="https://www.benzinga.com/markets/equities/24/10/41289653/tesla-stock-poised-to-pullback-to-1-month-low-whats-going-on">not enter production</a> until 2026 or possibly 2027.&nbsp;
MSTR HODLs: Microstrategy's stock is climbing Friday as the price of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) recovered to above the $62,000 level. The company has dubbed itself a "Bitcoin Development Company" and maintains substantial bitcoin holdings worth<a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40919378/microstrategy-raises-875m-in-convertible-notes-plans-further-bitcoin-purchases"> approximately $16 billion</a>.&nbsp;
Read Next: <a href="https://www.benzinga.com/news/24/10/41282666/what-happened-with-amd-stock-today">What Happened With AMD Stock Today?</a>
TWG: Top Wealth Group shares are racing higher on heavy trading volume after the company <a href="https://www.benzinga.com/news/24/10/41294062/whats-going-on-with-top-wealth-group-shares-friday">announced the pricing</a> of its $10.8 million public offering of 27 million shares at 40 cents per share.
UBER Zooms: Investors are driving Uber's stock price higher <a href="https://www.benzinga.com/markets/equities/24/10/41288999/why-uber-lyft-shares-are-speeding-up-in-fridays-premarket">on the news </a>that Tesla's Cybercab will go into production in 2026 or possibly even in 2027. The longer production timeline allows Uber and Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) to continue to dominate the ridesharing market for the next two years at least.&nbsp;
JPM Banks: JP Morgan shares are trending after the banking giant delivered another standout performance <a href="https://www.benzinga.com/news/earnings/24/10/41293190/us-banks-top-q3-earnings-estimates-jpmorgan-delivers-robust-beat-financial-sector-stocks-hit-record">last quarter</a>, surpassing estimates on both the top and bottom lines. Management also raised its full-year net interest income (NII) guidance to $92.5 billion, up $1 billion from prior estimates.&nbsp;
TSLA, MSTR, TWG, UBER, JPM Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Tesla shares are down 7.93% at $219.83, MicroStrategy shares are up 11.5% at $204.56, Top Wealth Group shares are up 127% at $4.86, Uber shares are up 9.14% at $85.04 and JP Morgan shares are up 4.81% at $223.07 at the time of publication Friday.
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Image: Gerd Altmann from Pixabay

MSTR

Friday's Top 5 Trending Stocks: What's The Scoop?

U.S. stocks were higher, with the Dow Jones index gaining around 250 points on Friday.
Shares of Fastenal Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAST#NASDAQ">FAST</a>) rose sharply during Friday's session after the company reported <a href="https://www.benzinga.com/news/earnings/24/10/41290240/fastenal-q3-earnings-revenue-and-eps-beat-sets-cautious-tone-on-2024-outlook">better-than-expected third-quarter financial results.</a>
Fastenal reported sales growth of 3.5% year-over-year to $1.910 billion, beating the consensus of $1.908 billion. Unit sales increased in the quarter due to growth from larger customers, new Onsite locations, and an extra selling day, despite minor disruptions from Hurricane Helene and stable pricing. The company's third-quarter EPS was 52 cents, above the estimate of 51 cents.
Fastenal shares jumped 6% to $74.18 on Friday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Torrid Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CURV#NYSE">CURV</a>) shares jumped 13% to $3.78.</li>
<li>Pacific Biosciences of California, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PACB#NASDAQ">PACB</a>) surged 12% to $1.7350 after the company announced it signed a research collaboration agreement with the National Cancer Center of Singapore. The project will use the company&#8217;s sequencing technologies.</li>
<li>Symbotic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) gained 11.5% to $30.66.</li>
<li>Digital Turbine, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APPS#NASDAQ">APPS</a>) rose 10.6% to $3.2750.</li>
<li>Mesoblast Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MESO#NASDAQ">MESO</a>) gained 10.6% to $10.32.</li>
<li>Capricor Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAPR#NASDAQ">CAPR</a>) shares jumped 10.4% to $18.92 after the company announced it reported long-term data from its HOPE-2 OLE study for Duchenne muscular dystrophy at the 2024 World Muscle Society Congress. Additionally, HC Wainwright &amp; Co. raised its price target on the stock from $40 to $77.</li>
<li>Nuvation Bio Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUVB#NASDAQ">NUVB</a>) gained 9.5% to $2.2000.</li>
<li>Wolfspeed, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WOLF#NYSE">WOLF</a>) rose 9.1% to $10.36.</li>
<li>Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) gained 8.7% to $13.49 in reaction to Tesla announcing that a rival offering, the Cybercab, will go into production in 2026.</li>
<li>Aehr Test Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) rose 8.6% to $14.47 after the company reported better-than-expected first-quarter financial results.</li>
<li>Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) gained 8.2% to $84.34 in reaction to Tesla announcing that a rival offering, the Cybercab, will go into production in 2026.</li>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) gained 8% to $26.04 on continued upward momentum.</li>
<li>MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) gained 7.8% to $197.69.</li>
<li>Wells Fargo &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) rose 5.6% to $60.98 following upbeat quarterly earnings.</li>
<li>JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) gained 4.6% to $222.57 after reporting strong quarterly results.</li>
</ul>
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Intraday Update

AEHR

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CAPR

CURV

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MESO

NUVB

PACB

WOLF

Fastenal Posts Upbeat Earnings, Joins Wells Fargo, JPMorgan And Other Big Stocks Moving Higher On Friday

The most crowded longs and shorts in Internet – Jefferies

This earnings season will be all about guidance. Investors are broadly pricing in about 4% growth in quarterly earnings for the coming weeks and roughly 15% growth for 2025.

Newton's First Law At Work Today

Block's Cash App partners with Lyft to enable seamless payments for riders

Margin expansion, gross bookings to feature heavily in rideshare Q3 results - analyst

Tesla reverberations: EV peers rally while Uber and Lyft fall back; TSLL +26%

Upwork Vs. Fiverr: AI Fears Likely Overblown, Fiverr Looks More Attractive

Lyft agrees to $2.1M settlement with FTC for misleading drivers about earnings

Lyft partnering with DoorDash to offer ride discounts, DashPass memberships

Uber exceeded Wall Street expectations but slower gross bookings growth puts pressure on stock price.

Uber's Q3 Results Beat Expectations, But Shares Drop On Growth Concerns

Earnings week ahead: O, PLTR, QCOM, SQ, AMC, PARA, LCID, RIVN, WBD, and more

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SuRo Capital: Unlocking Access To Potentially High-Growth Venture Opportunities Like OpenAI And Liquid Death

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Press Releases

Lyft and Payfare Announce Long Term Extension of Lyft Direct Program

Lyft and Everlance Partner to Provide Tax Savings to Drivers

Lyft Announces Q2 2024 Results, Including First-Ever Quarter of GAAP Profitability

Lyft and Payfare Announce Launch of New Features for the Lyft Direct Debit Card and Banking App

Lyft CEO & CFO to Participate in Fireside Chat Hosted by Goldman Sachs

Lyft and Smartcar Partner to Tackle the Top Pain Point for EV Drivers — Range Anxiety

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