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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 and public since 2019, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft has entered the bike- and scooter-share market to bring multimodal transportation options to users.

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펀드 매니저이자 테슬라(NASDAQ:TSLA) 강세론자인 게리 블랙은 테슬라를 둘러싼 장기적인 논쟁과 업계의 미래, 자율주행 및 무인 차량 공유와 같은 트렌드에 대해 의견을 제시했다.

게리 블랙, 우버의 자율주행 기술에 대한 믿음 강화···&#34;나의 테슬라 예측은 옳았다&#34;

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지난주 최고의 실적을 기록한 중형주는 다음과 같다. 포니AI, 선런, 리프트, 데이블, 세즐, 코어마이닝, D-웨이브 퀀텀, 오스카 헬스, 비트디어 테크놀로지스, 선런

포니AI·리프트·선런 등 지난주 급등한 중형주 9종목 (5월 5일~9일)

Germany,-,April,19,2024:,Coinbase,Mobile,Application,Running,On,Smartphone

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금요일(9일) 아침 미국 지수 선물이 소폭 상승하는 가운데, 오늘 투자자들이 주목할 만한 주식은 다음과 같다. 에코스타, 리프트, 플레인스 올 아메리칸, 센사타 및 코인베이스

금요일 주목해야 할 주식: 에코스타, 리프트, 플레인스 올 아메리칸, 센사타 및 코인베이스

Lyft Inc

Future Fund LLC's Gary Black believes Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) as well as Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) will benefit from increased EV adoption as well as growth in Autonomous Driving.
What Happened: In a post on the social media platform X, the investor shared his thoughts on why he invested in both companies on Sunday. "We own both $UBER and $TSLA for different reasons,"
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We own both <a href="https://twitter.com/search?q=%24UBER&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$UBER</a> and <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> for different reasons. Our investment thesis on <a href="https://twitter.com/search?q=%24UBER&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$UBER</a> is that as autonomy becomes table stakes for remaining in the automobile business, many auto manufacturers will achieve and be granted deployment licenses for unsupervised autonomy. <a href="https://twitter.com/search?q=%24UBER&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$UBER</a> with…
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1921351661903020335?ref_src=twsrc%5Etfw">May 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Black said that as autonomous driving gathers steam, more companies would adopt the technology and be granted licenses to operate unsupervised robotaxis in the future. "$UBER with 170M MAUs will by 2026 year-end offer a driverless option that reduces the cost per mile from $2/mile to $1/mile," he said in the post.
"We see $UBER Non-GAAP EPS increasing from $3/share in 2025 to $8/share by 2030.&nbsp; Our UBER PT is $120." Black said.
He then talked about Tesla and how Elon Musk's EV giant could stand to gain from increased EV adoption throughout the globe. "We own $TSLA because as global EV adoption increases from its current 20% to 50% by 2030, TSLA deliveries should increase from 1.7M in 2025 to 5.0M by 2030," he shared.
Black also shared how autonomous driving could help boost sales before setting a $310 price target on Tesla stock. "We expect unsupervised autonomy to sell more Teslas and increase the FSD take rate from its current 15% to 33%." the investor said.
Why It Matters: The investor has been an advocate for autonomous vehicles. He had recently <a href="https://www.benzinga.com/25/05/45339797/gary-black-doubles-down-on-ubers-autonomy-upside-reflects-on-tesla-debates-i-was-right-on-volume-pr-and-robotaxis">doubled down </a>on Uber's growth as autonomous vehicles are steadily gaining pace in the U.S.
Black has also previously shared that Musk's company <a href="https://www.benzinga.com/news/25/05/45336172/tesla-bull-gary-black-reaffirms-elon-musks-company-best-positioned-to-capitalize-on-evs-and-autonomo">is "best positioned"</a> to&nbsp;
Capitalize on EV growth in the country. "As EV adoption and demand for autonomy increases, $TSLA remains the best positioned to capitalize on these two megatrends," he said.
Elsewhere, <a href="https://www.benzinga.com/25/05/45309828/gary-black-says-lyft-is-worthy-of-increased-investment-following-q1-earnings-call">the investor also hailed </a>Uber rival Lyft Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) as the ride-hailing service surprised analysts by beating expectations. The company revealed that it attained a $.01 EPS vs a projected -$.02 loss, at the Q1 earnings call last Thursday.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="191" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12020454/UBER-MAY-12-2025-1024x191.jpg" alt="" class="wp-image-911303" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12020454/UBER-MAY-12-2025-1024x191.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12020454/UBER-MAY-12-2025-300x56.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12020454/UBER-MAY-12-2025-768x143.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12020454/UBER-MAY-12-2025-1536x287.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/12020454/UBER-MAY-12-2025.jpg 1651w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
UBER scores well on Momentum and Growth metrics and has a satisfactory score on the value metric. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge</a> today!
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45283323/gary-black-thinks-uber-could-have-an-advantage-over-elon-musk-and-tesla-in-the-robotaxi-race">Uber Could Outpace Elon Musk&#8217;s Tesla In Robotaxi Race, Says TSLA Bull Gary Black</a></li>
</ul>
Photo courtesy: DenPhotos / Shutterstock.com

Equities

Top Bull Gary Black Shares Why He Is Holding On To UBER And TSLA: 'Our investment Thesis On…'

Fund manager and long-term Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) bull, Gary Black, is weighing in on the long-running debates surrounding the EV giant, the industry&#8217;s future, and trends such as autonomy and driverless ridesharing.
What Happened: On Sunday, in a long post on X, Black outlined how his past views on the electric vehicle maker have been validated in recent years, despite the pushback from Tesla&#8217;s investor community at the time, whom he dubs as the &#8220;TSLA faithful.&#8221;
&#8220;For years I argued TSLA would never hit 20 million deliveries by 2030,&#8221; Black says, referring to CEO Elon Musk's long-term volume target. &#8220;I was told Elon said they would, to which I asked, why do you listen to management?&#8221; 
He noted that Wall Street's current consensus figures for 2030 are now closer to 3.9 million units, and added that many Tesla bulls themselves have since pivoted to downplaying EV delivery volumes as a core valuation metric. 
See Also: <a href="https://www.benzinga.com/markets/25/05/45338228/chinas-ev-market-surges-past-us-and-europe-chinas-elon-musk-shares-two-stats-that-explain-why">China&#8217;s EV Market Surges Past US and Europe—&#8217;China&#8217;s Elon Musk&#8217; Shares Two Stats That Explain Why</a>
In his post, Black also criticized the company&#8217;s reluctance to embrace traditional advertising and public relations, arguing that as the market leader, it has to communicate the benefits of EVs to ICE (Internal Combustion Engine) vehicle owners to pave the way for broader adoption.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Over the years I've had numerous debates with <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> faithful who have rejected my takes, only to come back later to admit I was right: 1/ 50% volume growth target &#8211; For years I argued that TSLA would never get to 20M vehicle deliveries by 2030 (25% industry share) and was told…
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1921171877260677289?ref_src=twsrc%5Etfw">May 10, 2025</a></blockquote>
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On pricing, Black points out that Tesla&#8217;s margin-eroding price cuts in 2023 and 2024 failed to generate any meaningful volume growth, just as he had predicted. He also warns that further price moves with newer models could face similar outcomes.
Turning to autonomy, Black challenged the notion that Tesla is far ahead. &#8220;Here we are today with Waymo, AMZN, and Baidu all operating autonomous robotaxi networks,&#8221; he says, while Tesla has yet to receive a single deployment license. 
&#8220;Don't malign me for trying to inject some realism into the TSLA story,&#8221; Black says, as he turns his attention towards the growing claims from among the &#8220;faithful,&#8221; who now believe that 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>) are set to go bankrupt with Tesla&#8217;s advances in autonomous driving.
In a follow-up Tweet, Black claimed that these ridesharing companies are set to benefit the most as autonomous mobility takes flight, as going driverless &#8220;reduces the cost per mile from $2/mile to $1/mile.&#8221; Black, whose firm holds a stake in both Tesla and Uber, maintains the latter&#8217;s price target at $120, representing an upside of 45%.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We own both <a href="https://twitter.com/search?q=%24UBER&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$UBER</a> and <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> for different reasons. Our investment thesis on <a href="https://twitter.com/search?q=%24UBER&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$UBER</a> is that as autonomy becomes table stakes for remaining in the automobile business, many auto manufacturers will achieve and be granted deployment licenses for unsupervised autonomy. <a href="https://twitter.com/search?q=%24UBER&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$UBER</a> with…
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1921351661903020335?ref_src=twsrc%5Etfw">May 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Despite being a long-time investor in Tesla, Black has been a vocal critic of the company in recent years, having regularly highlighted the <a href="https://www.benzinga.com/markets/equities/25/05/45214525/gary-black-flags-47-projected-drop-in-teslas-april-europe-sales-predicts-6-decline-in-2025-deliv">brand&#8217;s alarming sales</a> data this year, following Musk&#8217;s growing political involvement.
He has also repeatedly criticized the company's lack of marketing, calling it its &#8220;Achilles' heel,&#8221; a weakness he says not only affects sales but also leaves the <a href="https://benzinga.com/markets/equities/25/04/45091479/teslas-marketing-skills-remain-its-achilles-heel-says-gary-black-as-robotaxi-valuations-ignore-market-limitsfull-uber-lyft-profits-still-fall-short-of-2000-target">company at a disadvantage</a> with regulators.
Black, however, remains <a href="https://www.benzinga.com/news/25/05/45336172/tesla-bull-gary-black-reaffirms-elon-musks-company-best-positioned-to-capitalize-on-evs-and-autonomo">bullish on the company</a> in the long run, having stated recently that &#8220;Long term we like the $TSLA story,&#8221; and that &#8220;As EV adoption and demand for autonomy increases, $TSLA remains the best positioned to capitalize on these two megatrends.&#8221;
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td class="has-text-align-center" data-align="center">Stocks / ETFs</td>
<td class="has-text-align-center" data-align="center">Year-To-Date Returns</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td class="has-text-align-center" data-align="center">-21.36%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>)</td>
<td class="has-text-align-center" data-align="center">+31.09%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">LYFT Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>)</td>
<td class="has-text-align-center" data-align="center">+21.98%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Fidelity Electric Vehicles and Future Transpo ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/FDRV#BATS">FDRV</a>)</td>
<td class="has-text-align-center" data-align="center">+2.73%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">iShares Self-Driving EV and Tech ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IDRV#NYSE">IDRV</a>)</td>
<td class="has-text-align-center" data-align="center">+4.51%</td>
</tr>
</tbody>
</table>
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Price Action: Tesla shares were up 4.72% on Friday, and are up 0.35% after hours.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="134" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/11232101/Screenshot-2025-05-12-at-8.50.43-AM-1024x134.png" alt="" class="wp-image-911215" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/11232101/Screenshot-2025-05-12-at-8.50.43-AM-1024x134.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/11232101/Screenshot-2025-05-12-at-8.50.43-AM-300x39.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/11232101/Screenshot-2025-05-12-at-8.50.43-AM-768x101.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/11232101/Screenshot-2025-05-12-at-8.50.43-AM-1536x201.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/11232101/Screenshot-2025-05-12-at-8.50.43-AM.png 1604w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Tesla shares score well on momentum and quality, but fall short on growth and value. How does it compare with Uber, Lyft or Rivian, for that matter? Sign up for <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge</a> to find out. 
Photo Courtesy: G.Tbov On Shutterstock.com
Read More: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/general/health-care/25/05/45339399/trump-says-prescription-drug-prices-set-to-drop-by-30-to-80-almost-immediately-thanks-to-most-favored-nation-plan-mark-cuban-urges-president-to-force-tran">Trump Says Prescription Drug Prices Set To Drop By 30% To 80% &#8216;Almost Immediately&#8217; Thanks To &#8216;Most Favored Nation&#8217; Plan, Mark Cuban Urges President To &#8216;Force Transparency&#8217;</a></li>
</ul>

Gary Black Doubles Down On Uber's Autonomy Upside, Reflects Debates With Tesla Faithful: 'I Was Right'

These mid-cap stocks were the best performers in the last week. Are they in your portfolio?
<ol class="wp-block-list">
<li>Pony AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>) shares jumped 72.40%  after the company inked a strategic deal with Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) to deploy Pony.ai&#8217;s <a href="https://www.benzinga.com//node/45225030" target="_blank" rel="noreferrer noopener">robotaxis onto the Uber platform</a>.</li>
<li>Dave Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAVE#NASDAQ">DAVE</a>) shares increased 59.68% after the company reported strong first-quarter results and<a href="https://www.benzinga.com//node/45280986" target="_blank" rel="noreferrer noopener"> raised its FY25 sales guidance</a>. Several analysts <a href="https://www.benzinga.com/quote/dave/analyst-ratings" target="_blank" rel="noreferrer noopener">boosted the price forecast</a>.</li>
<li>Sezzle Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEZL#NASDAQ">SEZL</a>) stock escalated 56.29%  after the company reported better-than-expected first quarter results and <a href="https://www.benzinga.com//node/45266202" target="_blank" rel="noreferrer noopener">raised its FY25 guidance</a>.</li>
<li>Coeur Mining, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDE#NYSE">CDE</a>) shares were up 57.65% after the company reported a year-over-year increase in first-quarter adjusted EPS results and<a href="https://www.benzinga.com//node/45267567" target="_blank" rel="noreferrer noopener"> better-than-expected sales results</a>.</li>
<li>D-Wave Quantum Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>) stock rose 40.20% after the company posted record first-quarter 2025 financial results and highlighted major technical milestones <a href="https://www.benzinga.com//node/45294899" target="_blank" rel="noreferrer noopener">in commercial quantum computing</a>. Needham analyst Quinn Bolton maintained a Buy rating and raised the <a href="https://www.benzinga.com/quote/qbts/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecast from $8.5 to $13</a>.</li>
<li>Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) stock increased 31.62% after the company reported better-than-expected first-quarter earnings and increased <a href="https://www.benzinga.com//node/45320549" target="_blank" rel="noreferrer noopener">its share repurchase program.</a></li>
<li>Oscar Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSCR#NYSE">OSCR</a>) stock rose 29.62% after the company reported better-than-expected financial results and issued FY25<a href="https://www.benzinga.com//node/45246795" target="_blank" rel="noreferrer noopener"> sales guidance above estimates</a>.</li>
<li>Bitdeer Technologies Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTDR#NASDAQ">BTDR</a>) shares gained 28.71% after the company reported an April Bitcoin production increase of 45.6% to <a href="https://www.benzinga.com//node/45313832" target="_blank" rel="noreferrer noopener">166 BTC on Sealminer deployment</a>.</li>
<li>Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) stock gained 28.67% last week after reporting better-than-expected <a href="https://www.benzinga.com//node/45268589" target="_blank" rel="noreferrer noopener">Q1 financial results</a>. The stock also reacted to a report suggesting Republican lawmakers support tax credits in former President Biden&#8217;s Inflation Reduction Act legislation.</li>
</ol>
Image Via Shutterstock

Pony AI, Lyft And Sunrun Are Among Top 9 Mid-Cap Gainers Last Week (May 5-May 9): Are The Others In Your Portfolio?

Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) remains a stock to hold for the long term despite recent market volatility, with the potential to reach a $1 trillion valuation, according to Will McGough, Director of Investments at Prime Capital Financial.
What Happened: McGough maintains his buy recommendation on the artificial intelligence software company even after its shares have surged 55% this year, pushing its market cap to $281 billion, now exceeding Salesforce, which generates 10 times more revenue, <a href="https://www.cnbc.com/2025/05/09/palantir-may-grow-to-a-trillion-dollar-market-value-investor-says.html">reported</a> CNBC.
&#8220;I think you own for the ride to a trillion-dollar market cap knowing it&#8217;s going to be extremely volatile,&#8221; McGough said. 
The bullish outlook aligns with Wedbush Securities analyst Dan Ives, who recently <a href="https://www.benzinga.com/markets/equities/25/05/45216263/pltr-stock-falls-9-19-in-premarket-trading-but-this-analyst-remains-bullish-predicts-1-trillion-valuation-in-3-years">raised his price target</a> from $120 to $140 while calling Palantir &#8220;the Messi of AI&#8221; and &#8220;a core name in the AI Revolution.&#8221; Ives similarly projected a trillion-dollar valuation within three years, citing the company&#8217;s success with its AIP product and multi-million dollar deals pipeline.
See Also: <a href="https://www.benzinga.com/markets/25/05/45333895/gop-megadonor-ken-griffin-warns-trump-tariffs-are-terrifying-says-government-is-picking-winners-and-losers-amid-soaring-trade-deficit">GOP Megadonor Ken Griffin Warns Trump Tariffs Are &#8216;Terrifying,&#8217; Says Government Is Picking &#8216;Winners And Losers&#8217; Amid Soaring Trade Deficit</a>
Why It Matters: Palantir&#8217;s lofty valuation metrics remain controversial, trading at 520 times trailing earnings, almost 200 times forward earnings and 90 times revenue. The disparity has created a stark divide between institutional skeptics and retail investors who have driven the stock up over 400% in the past year.
The data analytics firm reported <a href="https://www.benzinga.com/etfs/specialty-etfs/25/05/45229767/pltr-focused-etfs-down-whats-really-behind-palantirs-plunge-the-numbers-dont-tell-the-full-story">impressive first-quarter results</a>, with revenue beating expectations at $883.86 million, up 39% year-over-year. U.S. commercial revenue specifically surged 71%, while CEO Alex Karp described a &#8220;tectonic shift&#8221; in software adoption.
Price Action: Palantir closed at $117.30 on Friday, down 1.55% for the day. In after-hours trading, the stock dipped another 0.49% to $116.72. Year to date, Palantir shares have surged 56%.
Palantir Technologies shows strong growth and momentum, but ranks low on valuation metrics, according to Benzinga Stock Edge Rankings. PLTR shares exhibit a positive price trend across both short- and long-term periods. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Check the detailed report here</a>.
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</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Via Shutterstock

EXPE

PLTR

PLTR Stock Remains Long-Term Buy Despite Sky-High Valuation, Says Prime Capital's McGough—Joins Dan Ives In Predicting $1 Trillion Market Cap Amid AI Surge

Lyft Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) CEO David Risher&#8216;s leadership strategy, shaped by his decade working under tech titans Bill Gates and Jeff Bezos, has propelled the ride-sharing <a href="https://www.benzinga.com/25/05/45309828/gary-black-says-lyft-is-worthy-of-increased-investment-following-q1-earnings-call">company to record performance in 2024</a>.
What Happened: Risher, who joined Lyft as CEO in 2023, credits a specific lesson from Gates that&#8217;s proven transformative: focus more on weaknesses than strengths.
&#8220;From Microsoft, I learned how to compete&#8230; From Amazon, I learned how to obsess over customers,&#8221; Risher wrote in his 2023 letter to employees. This approach has yielded impressive results, with Lyft posting record-high annual ride numbers last year.
In a March 2024 interview <a href="https://www.foxbusiness.com/lifestyle/lessons-learned-lyft-ceo-draws-industry-titans-jeff-bezos-bill-gates">with</a> Fox Business, Risher described a &#8220;revealing&#8221; moment watching Gates at a 1990s executive conference. When asked about Microsoft Excel&#8217;s future, Gates responded: &#8220;I don&#8217;t spend any of my time thinking about Excel because I know that right now we&#8217;ve got around 60% market share, and I know that&#8217;s going to go to 80 or 90&#8230; I don&#8217;t have to worry about that.&#8221;
This insight showed Risher that Gates created more value by focusing on areas needing improvement rather than successful products.
See Also: <a href="https://www.benzinga.com/markets/25/05/45333895/gop-megadonor-ken-griffin-warns-trump-tariffs-are-terrifying-says-government-is-picking-winners-and-losers-amid-soaring-trade-deficit">GOP Megadonor Ken Griffin Warns Trump Tariffs Are &#8216;Terrifying,&#8217; Says Government Is Picking &#8216;Winners And Losers&#8217; Amid Soaring Trade Deficit</a>
Why It Matters: At Lyft, Risher has applied this philosophy by personally identifying weaknesses in the company&#8217;s business model. &#8220;Every six weeks or so, I open my Lyft Driver app and hit the road,&#8221; he wrote in an April shareholder letter, noting this hands-on approach helps him understand driver experiences and customer frustrations.
Following rider complaints about surge pricing, Risher directed his team to increase driver supply and develop a feature allowing riders to lock in prices during frequent commute periods.
&#8220;By the end of 2024, we could see that these were the right investments when drivers chose us at record rates,&#8221; Risher wrote, attributing the company&#8217;s success to addressing shortcomings.
The strategy appears to be working. Lyft recently <a href="https://www.benzinga.com/25/05/45309828/gary-black-says-lyft-is-worthy-of-increased-investment-following-q1-earnings-call">reported first-quarter of 2025 earnings</a> of 1 cent per share versus an expected 1-cent loss, with rides growing 16% year-over-year to 218.4 million. The company&#8217;s board also authorized an increased share repurchase program totaling $750 million.
&#8220;I&#8217;ve never met a great leader who isn&#8217;t curious about the details,&#8221; Risher noted, emphasizing that successful leadership requires diving into troubled areas rather than avoiding them.
Price Action: Lyft stock closed at $16.65 on Friday, up 28.08% for the day. In after-hours trading, the stock inched up another 0.30% to $16.70. Year to date, Lyft shares have gained 21.98%, according to <a href="https://www.benzinga.com/pro/">data from Benzinga Pro</a>.
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</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image Via Shutterstock

Lyft CEO Says He Learnt 'How To Compete' From Bill Gates And 'How To Obsess Over Customers' From Jeff Bezos —Now His Focus On Weaknesses Over Strengths Drives Record Rides, Earnings Beat, And 28% Stock Surge In Single Session

UBS analyst Stephen Ju 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 $14.

Price Target

Analyst Ratings

UBS Maintains Neutral on Lyft, Raises Price Target to $14

JP Morgan analyst Doug Anmuth 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 $14 to $16.

JP Morgan Maintains Neutral on Lyft, Raises Price Target to $16

Macro Economic Events

Market Summary

Economics

General

Benzinga Market Summary: Tesla Rises, Lyft Surges On Earnings And Buyback, President Trump On Social Media Says  "80% Tariff on China seems right"

Oppenheimer analyst Jason Helfstein reiterates Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) with a Outperform and raises the price target from $15 to $17.

Reiteration

Oppenheimer Reiterates Outperform on Lyft, Raises Price Target to $17

Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) stock was trading higher on Friday after the company reported better-than-expected <a target="_blank" href="https://www.benzinga.com/news/buybacks/25/05/45302278/lyft-shares-drive-higher-after-mixed-q1-report-stock-buyback-program-raised-to-750-million" rel="noreferrer noopener">first-quarter results</a> and announced a $750 million share buyback plan on Thursday.
Quarterly revenue was $1.45 billion,&nbsp;which missed the Street estimate of&nbsp;$1.47 billion. Lyft reported quarterly earnings of&nbsp;one cent per share, which beat the analyst consensus estimate of&nbsp;one cent in losses.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/04/44634129/lyft-downgraded-as-analyst-warns-of-autonomous-vehicle-risk-from-waymo-tesla-competition" rel="noreferrer noopener">Lyft Stock Downgraded On Autonomous Vehicle Risk From Waymo, Tesla Competition</a>
<ul class="wp-block-list">
<li>Needham analyst Bernie McTernan reiterated Lyft with <a href="https://www.benzinga.com/quote/LYFT/analyst-ratings" target="_blank" rel="noreferrer noopener">a Hold rating</a>.</li>
<li>Goldman Sachs analyst Eric Sheridan upgraded the stock rating from Neutral to Buy and increased the price forecast to $20 (from $19).</li>
</ul>
Needham: Lyft is demonstrating strong operational momentum, achieving all-time first-quarter records across key metrics, including active riders, rides, gross bookings, adjusted EBITDA, and free cash flow.
This growth reflects the health of its marketplace, with improving rider frequency, record driver hours, and continued gains in ETA performance, which has improved for 13 consecutive quarters.
Lyft remains focused on innovating, broadening its market reach, and deepening engagement on both sides of the platform. The launch of Lyft Silver aims to capture the growing 65+ demographic, a segment historically underpenetrated in rideshare.
At the same time, the AI-powered Earnings Assistant tool is designed to improve driver productivity and loyalty. Internationally, the planned acquisition of FREENOW positions Lyft to nearly 2 times its TAM by adding a presence in 9 European countries, bringing in an estimated 1 billion euros in gross bookings. In parallel, the company&#8217;s move into autonomous vehicles could help drive long-term efficiency, scale, and margin expansion.
Despite strong top-line and volume growth, gross bookings growth (+13%) is trailing ride growth (+16%), driven by a negative mix shift, and McTernan noted pricing competition with Uber Technologies, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>).
Management stated that pricing remains below fourth-quarter levels due to competitive pressure and affordability-focused initiatives like Price Lock, which, while supporting retention, impacts average revenue per ride and unit economics.
McTernan projected second-quarter revenue of $1.54 billion and EPS of $0.07.
Goldman Sachs: In its quarterly earnings report, Lyft framed a few key themes, including continued momentum with double-digit Gross Bookings growth led by rides, adjusted EBITDA once again exceeding the high end of the guide, and increased share repurchase authorization.
Sheridan stated that the opportunity is created by investors&#8217; concern about the bridge between current growth levels and the company&#8217;s growth target laid out at its 2024 Investor Day, fears around potential disruption from Waymo and Uber&#8217;s autonomous vehicles, and debates around pricing.&nbsp;&nbsp;
Sheridan remarked that those concerns were more than already discounted in the stock. While achieving the Investor Day targets will likely be a key determinant of sentiment and valuation levels, his estimates do not reflect the announced acquisition of FREENOW in Europe.
He stated that the AV ridesharing landscape remains very early and that Lyft has a vital role in the broader hybrid/AV ecosystem. The analyst noted lower cost inflation and more moderate pricing trends as a longer-term positive.
Also, execution has been solid at Lyft in recent quarters, and it is said that the North American ridesharing duopoly industry structure supports rational competitive behavior in the years ahead.
Sheridan projected second-quarter revenue of $1.59 billion and EPS of $0.06.
Price Action: LYFT stock is up 23% at $15.98 at last check on Friday.
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</ul>
Photo via Shutterstock

Analyst Color

Lyft Is Executing Well But Analysts Caution About Uber And Waymo Competition

<h3>Gainers</h3>
<ul>
<li>Nuvve Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVVE#NASDAQ">NVVE</a>) stock increased by 152.3% to $2.88 during Friday's regular session. The market value of their outstanding shares is at $8.8 million. </li>
<li>TTEC Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEC#NASDAQ">TTEC</a>) stock moved upwards by 27.24% to $5.09. The company's market cap stands at $243.3 million. As per the news, the Q1 earnings report came out yesterday. </li>
<li>FGI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGI#NASDAQ">FGI</a>) shares rose 24.4% to $0.68. The company's market cap stands at $6.5 million. </li>
<li>Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) shares increased by 24.26% to $16.16. The company's market cap stands at $6.7 billion. The company's, Q1 earnings came out yesterday. </li>
<li>IBEX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBEX#NASDAQ">IBEX</a>) stock moved upwards by 20.45% to $30.91. The company's market cap stands at $407.7 million. As per the press release, Q3 earnings came out yesterday. </li>
<li>Globavend Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GVH#NASDAQ">GVH</a>) stock rose 19.79% to $1.05. The company's market cap stands at $15.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Solidion Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STI#NASDAQ">STI</a>) shares declined by 36.2% to $0.1 during Friday's regular session. The company's market cap stands at $13.6 million. </li>
<li>Vast Renewables (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSTE#NASDAQ">VSTE</a>) stock declined by 19.7% to $0.12. The market value of their outstanding shares is at $3.5 million. </li>
<li>Innodata (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INOD#NASDAQ">INOD</a>) stock fell 16.76% to $34.22. The company's market cap stands at $1.0 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>Safe &amp; Green Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGBX#NASDAQ">SGBX</a>) shares declined by 16.57% to $0.47. The market value of their outstanding shares is at $3.3 million. </li>
<li>High-Trend International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTCO#NASDAQ">HTCO</a>) shares fell 13.3% to $2.06. The company's market cap stands at $248.5 million. </li>
<li>Graphex Gr (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GRFX#AMEX">GRFX</a>) shares declined by 12.0% to $0.76. The market value of their outstanding shares is at $15.9 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

GRFX

HTCO

IBEX

INOD

NVVE

SGBX

TTEC

VSTE

12 Industrials Stocks Moving In Friday's Intraday Session

Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) shares are trading higher Friday after the company reported better-than-expected <a href="https://www.benzinga.com//node/45302278">first-quarter earnings </a>and increased its share repurchase program.
What To Know: The company reported earnings per share of 1 cent, beating the consensus estimate of a 1 cent-loss. In addition, Lyft reported sales of $1.45 billion, missing the consensus estimate of $1.47 billion, but representing a 14% year-over-year climb.
Rides grew 16% year-over-year to 218.4 million while active riders increased 11% year-over-year to 24.2 million, both representing a record for the first quarter.
Lyft's board of directors authorized an increase to its share repurchase program to a new total of $750 million. 
&#8220;Q1&nbsp;marked Lyft&#8217;s 16th consecutive quarter of double-digit year on year Gross Bookings growth demonstrating the resilience and momentum of our customer-obsessed strategy,&#8221; said Lyft CEO David Risher. 
&#8220;In the last week of March, rides reached the highest weekly levels in our history and dual-app drivers reported a 23 percentage point preference for Lyft. With our expansion into new demographics via Lyft Silver and into Europe with our planned FREENOW acquisition, we&#8217;re putting all the pieces in place for sustained, market-leading performance.&#8221;
Following the earnings report, Barclays analyst Ross Sandler maintained an Equal-Weight rating on Lyft and raised the price target from&nbsp;$19&nbsp;to&nbsp;$20.
Related Link: <a href="https://www.benzinga.com/news/25/05/45316137/nissan-scraps-11-billion-ev-battery-plant-eyes-cost-cuts-to-survive-report">Nissan Scraps $1.1 Billion EV Battery Plant, Eyes Cost Cuts To Survive: Report</a>
LYFT Price Action: At the time of writing, Lyft shares are trading 21% higher at $15.73, according to data from Benzinga Pro.
Image: via Shutterstock

Lyft Stock Is Soaring Friday: What's Going On?

U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 0.5% on Friday.
Following the market opening Friday, the Dow traded up 0.11% to 41,415.78 while the NASDAQ gained 0.50% to 18,018.26. The S&amp;P 500 also rose, gaining, 0.27% to 5,679.25.
Check This Out: <a href="https://www.benzinga.com/25/05/45315727/top-3-industrials-stocks-that-may-collapse-in-may">Top 3 Industrials Stocks That May Collapse In May</a>
Leading and Lagging Sectors Consumer discretionary shares rose by 0.9% on Friday.
In trading on Friday, consumer staples stocks fell by 0.4%.
Top Headline
Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) reported better-than-expected earnings for the first quarter and announced a $750 million share buyback plan on Thursday.
The company reported quarterly earnings of one cent per share, which beat the analyst consensus estimate of losses of one cent.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul class="wp-block-list">
<li>Nuvve Holding Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVVE#NASDAQ">NVVE</a>) shares shot up 144% to $2.7849. Nuvve engaged Crypto Venture Group to accelerate digital asset strategy.</li>
<li>Shares of Siyata Mobile Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYTA#NASDAQ">SYTA</a>) got a boost, surging 80% to $1.7601.</li>
<li>Definitive Healthcare Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DH#NASDAQ">DH</a>) shares were also up, gaining 49% to $4.18 after the company posted better-than-expected first-quarter results and raised its FY25 outlook.</li>
</ul>
Equities Trading DOWN
<ul class="wp-block-list">
<li>Super League Enterprise, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLE#NASDAQ">SLE</a>) shares dropped 49% to $0.1659 after the company announced the pricing of underwritten public offering.</li>
<li>Shares of Twin Vee Powercats Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VEEE#NASDAQ">VEEE</a>) were down 46% to $3.99 after the company reported the pricing of public offering.</li>
<li>NuCana plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNA#NASDAQ">NCNA</a>) was down, falling 42% to $0.0593.</li>
</ul>
Commodities In commodity news, oil traded up 1.4% to $60.76 while gold traded up 1% at $3,338.20.
Silver traded up 0.4% to $32.755 on Friday, while copper rose 0.5% to $4.6290.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.5%, while Spain's IBEX 35 Index rose 0.5%. London's FTSE 100 gained 0.3%, Germany's DAX 40 rose 0.7% and France's CAC 40 gained 0.8% during the session.
Asia Pacific Markets
Asian markets closed mixed on Friday, with Japan's Nikkei gaining 1.56%, Hong Kong's Hang Seng Index gaining 0.40%, China's Shanghai Composite Index falling 0.30% and India's BSE Sensex falling 1.10%.
Economics
The Baker Hughes oil rig count report for the latest week will be released today.
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</ul>
Photo via Shutterstock

Eurozone

Commodities

Intraday Update

NCNA

SYTA

VEEE

US Stocks Higher; Lyft Posts Upbeat Earnings

Barclays analyst Ross Sandler maintains Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) with a Equal-Weight and raises the price target from $19 to $20.

Barclays Maintains Equal-Weight on Lyft, Raises Price Target to $20

21 analysts have expressed a variety of opinions on Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">3</td>
<td align="right">4</td>
<td align="right">14</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">2</td>
<td align="right">3</td>
<td align="right">10</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Lyft and provided 12-month price targets. The average target is $16.83, accompanied by a high estimate of $21.00 and a low estimate of $13.00. Observing a downward trend, the current average is 10.05% lower than the prior average price target of $18.71. 
<img src="https://www.benzinga.com/files/images/story/2025/1746795679_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Lyft. The following summary outlines 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>Brian Nowak</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$15.00</td>
<td>$17.00</td>
</tr>
<tr>
<td>Tom White</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Doug Anmuth</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$14.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Ken Gawrelski</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$13.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Rob Sanderson</td>
<td>Loop Capital</td>
<td>Lowers</td>
<td>Buy</td>
<td>$20.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Brad Erickson</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$21.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Brad Erickson</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$21.00</td>
<td>$21.00</td>
</tr>
<tr>
<td>Shyam Patil</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Tom White</td>
<td>DA Davidson</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Youssef Squali</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Hold</td>
<td>$17.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Lloyd Walmsley</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Brad Erickson</td>
<td>RBC Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$21.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Scott Devitt</td>
<td>Wedbush</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$16.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Brian Pitz</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$15.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Doug Anmuth</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$16.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Thomas Champion</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$18.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Deepak Mathivanan</td>
<td>Cantor Fitzgerald</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$14.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Mark Mahaney</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$15.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Ross Sandler</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$19.00</td>
<td>$20.00</td>
</tr>
<tr>
<td>Michael McGovern</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$17.50</td>
<td>$21.00</td>
</tr>
<tr>
<td>Michael McGovern</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$21.00</td>
<td>$19.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Lyft. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Lyft compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Lyft's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Lyft's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/LYFT/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">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 and public since 2019, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft has entered the bike- and scooter-share market to bring multimodal transportation options to users.
<h3>Financial Milestones: Lyft's Journey</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Lyft displayed positive results in 3M. As of 31 December, 2024, the company achieved a solid revenue growth rate of approximately 26.6%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.
Net Margin: Lyft's net margin is impressive, surpassing industry averages. With a net margin of 3.98%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Lyft's ROE stands out, surpassing industry averages. With an impressive ROE of 8.68%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Lyft's ROA stands out, surpassing industry averages. With an impressive ROA of 1.15%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Lyft's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.53.
<h2>The Basics of Analyst Ratings</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
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;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantag">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Breaking Down Lyft: 21 Analysts Share Their Views

As of May 9, 2025, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">LYFT Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>)</h3>
<ul class="wp-block-list">
<li>On May 8, Lyft reported better-than-expected first-quarter EPS results. Also, the company announced a $750 million share buyback plan. &#8220;Q1 marked Lyft&#8217;s 16th consecutive quarter of double-digit year on year Gross Bookings growth demonstrating the resilience and momentum of our customer-obsessed strategy,&#8221; said Lyft CEO David Risher. The company's stock jumped around 15% over the past month and has a 52-week high of $19.06.</li>
<li>RSI Value: 70.4&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>LYFT Price Action: Shares of Lyft gained 3.3% to close at $13.00 on Thursday.</li>
<li>Edge Stock Ratings: 21.41 Momentum score with Value at 13.13. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/quote/lyft"><img loading="lazy" decoding="async" width="478" height="182" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09044835/image-99.png" alt="" class="wp-image-909747" style="width:297px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09044835/image-99.png 478w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/09044835/image-99-300x114.png 300w" sizes="(max-width: 478px) 100vw, 478px" /></a></figure>
<h3 class="wp-block-heading">Matrix Service Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTRX#NASDAQ">MTRX</a>)</h3>
<ul class="wp-block-list">
<li>On May 7, Matrix Service posted downbeat quarterly results. &#8220;Our third quarter results reflect accelerating revenue, supported by backlog growth which advances our return to profitability and enhances our visibility into future earnings,&#8221; said John Hewitt, President and Chief Executive Officer of Matrix Service Company. The company's stock gained around 25% over the past month and <a href="https://www.benzinga.com/quote/MTRX">has a 52-week high</a> of $15.75.</li>
<li>RSI Value: 74.6</li>
<li>MTRX Price Action: Shares of Matrix Service gained 11.3% to close at $13.65 on Thursday.</li>
</ul>
<h3 class="wp-block-heading">Manitowoc Company Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTW#NYSE">MTW</a>)</h3>
<ul class="wp-block-list">
<li>On May 6, Manitowoc posted weaker-than-expected quarterly results. &#8220;First-quarter results exceeded our expectations. We began to see signs of a turnaround in our Europe tower crane business with machine orders up 68% year-over-year, marking the third consecutive quarter of year-over-year growth,&#8221; said Aaron Ravenscroft, President and Chief Executive Officer of The Manitowoc Company, Inc. The company's stock gained around 22% over the past month and has a <a href="https://www.benzinga.com/quote/MTW">52-week high</a> of $13.46.</li>
<li>RSI Value: 78.3</li>
<li>MTW Price Action: Shares of Manitowoc gained 14.7% to close at $9.82 on Thursday.</li>
</ul>
Curious about other BZ Edge Rankings? Click here to discover <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">how similar stocks measure up</a>. 
Read This Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/05/45285413/top-3-financial-stocks-which-could-rescue-your-portfolio-this-month">Top 3 Financial Stocks Which Could Rescue Your Portfolio This Month</a> </li>
</ul>
Photo via Shutterstock

Short Ideas

MTRX

Top 3 Industrials Stocks That May Collapse In May

Needham analyst Bernie McTernan reiterates Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) from Hold to Hold.

Needham Reiterates Hold on Lyftto Hold

<h3>Gainers</h3>
<ul>
<li>Decent Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXST#NASDAQ">DXST</a>) stock rose 15.7% to $1.4 during Friday's pre-market session. The market value of their outstanding shares is at $22.7 million. </li>
<li>FGI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGI#NASDAQ">FGI</a>) stock rose 14.34% to $0.63. The market value of their outstanding shares is at $6.0 million. </li>
<li>Lyft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) shares rose 11.76% to $14.53. The market value of their outstanding shares is at $6.1 billion. The company's, Q1 earnings came out yesterday. </li>
<li>Power Solutions Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSIX#NASDAQ">PSIX</a>) stock moved upwards by 10.63% to $30.7. The market value of their outstanding shares is at $706.3 million. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Nuvve Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVVE#NASDAQ">NVVE</a>) shares rose 9.64% to $1.25. The market value of their outstanding shares is at $3.8 million. </li>
<li>IBEX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBEX#NASDAQ">IBEX</a>) shares increased by 9.08% to $27.99. The company's market cap stands at $369.2 million. As per the news, the Q3 earnings report came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Solidion Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STI#NASDAQ">STI</a>) stock declined by 27.0% to $0.12 during Friday's pre-market session. The company's market cap stands at $15.6 million. </li>
<li>Safe &amp; Green Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGBX#NASDAQ">SGBX</a>) shares fell 16.54% to $0.47. The company's market cap stands at $3.3 million. </li>
<li>Elong Power Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELPW#NASDAQ">ELPW</a>) shares declined by 9.8% to $4.41. The market value of their outstanding shares is at $220.7 million. </li>
<li>Proficient Auto Logistics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAL#NASDAQ">PAL</a>) stock fell 9.2% to $7.01. The company's market cap stands at $189.7 million. As per the news, the Q1 earnings report came out 2 days ago. </li>
<li>Gencor Industries (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/GENC#AMEX">GENC</a>) stock declined by 8.54% to $12.0. The market value of their outstanding shares is at $175.8 million. </li>
<li>Innodata (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INOD#NASDAQ">INOD</a>) shares decreased by 6.35% to $38.5. The market value of their outstanding shares is at $1.2 billion. As per the news, the Q1 earnings report came out yesterday. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

DXST

ELPW

GENC

PSIX

12 Industrials Stocks Moving In Friday's Pre-Market Session

WIIM

Lyft shares are trading higher after the company reported better-than-expected Q1 EPS results. Also, the company announced a $750 million share buyback plan.

U.S. stock futures fluctuated between gains and losses on Friday, following a three-day winning streak. Major benchmark index futures were mixed in premarket trading.
The U.S. and U.K.<a href="https://www.benzinga.com/25/05/45293839/trump-starmer-strike-us-uk-trade-deal-steel-cars-beef"> sealed a bilateral trade deal</a>, cutting tariffs, boosting industrial ties, and securing billions in new market access. 
A central component of the trade agreement involves the U.S. significantly reducing tariffs on cars made in the UK, bringing them down from 25% to 10% and establishing an annual quota of 100,000 vehicles.
The U.K. will eliminate tariffs on American-made cars, including those from General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) and Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), and expedite their passage through customs.
Meanwhile, the 10-year Treasury bond yielded 4.37% and the two-year bond was at 3.86%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing an 82.9% likelihood of the Federal Reserve keeping the current interest rates unchanged in its June meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.15%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.07%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.17%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.23%</td>
</tr>
</tbody>
</table>
</figure>
The 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 ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, were slightly higher in premarket on Friday. The SPY was up 0.004% to $565.08, while the QQQ advanced 0.17% to $489.10, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
Industrials, consumer discretionary, and energy sectors led a<a href="https://www.benzinga.com/news/earnings/25/05/45311238/dow-surges-250-points-after-us-announces-first-trade-deal-investor-sentiment-improves-fear-greed-index-remains-in-greed-zone"> broad market rally on Thursday</a>, propelling U.S. stocks higher. The Dow Jones was bolstered by the Donald Trump administration&#8217;s inaugural major trade agreement with the United Kingdom.
However, the health care and utilities sectors diverged from the positive trend, closing lower.
On the company-specific front, U.S. Foods Holding Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USFD#NYSE">USFD</a>) reported first-quarter earnings that fell short of expectations, while Sezzle Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEZL#NASDAQ">SEZL</a>) shares surged by 42% following the company&#8217;s release of better-than-anticipated first-quarter results and an upward revision of its FY25 guidance.
In terms of economic data, U.S. initial jobless claims saw a decline, dropping by 13,000 to 228,000 for the week ending May 3, slightly below market projections. 1 Conversely, U.S. labor productivity in the nonfarm business sector experienced a 0.8% decrease during the first quarter, slightly exceeding the estimated 0.7% drop.
The Dow Jones index advanced 255 points or 0.62% to 41,368.45, whereas the S&amp;P 500 index rose 0.58% to 5,663.94. Nasdaq Composite ended 1.07% higher at 17,928.14, and the small-cap gauge, Russell 2000, climbed 1.85% to 2,026.41.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>1.07%</td>
<td>17,928.14</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.58%</td>
<td>5,663.94</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.62%</td>
<td>41,368.45</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1.85%</td>
<td>2,026.41</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
According to Louis Navellier of Navellier &amp; Associates, &#8220;Tariffs are steering the boat again.&#8221;
He said that Trump&#8217;s announcement of the U.S. striking a comprehensive agreement with the U.K. and Scott Bessent&#8217;s announcement of a meeting in Switzerland with China to discuss tariffs are propelling the market.
&#8220;This helps explain the long recovery rally since the Liberation Day announcement of tariffs on April 2nd. The fear of missing out on favorable agreements being reached has limited the number of sellers,&#8221; he said.
He added, &#8220;The upside story will be that the tariff agreements will result in mutually low tariffs, which should be generally beneficial for U.S. exporters, as Trump has contended all along.&#8221;
He also said that Trump announcing a definitive deal with the U.K. is an &#8220;important first step in reducing tariff fears.&#8221;
Meanwhile, Ed Yardeni or Yardeni Research agreed with the sentiment and added, &#8220;President Donald Trump will need to declare victories in his trade wars with multiple countries around the world sooner rather than later.&#8221;
Yardeni also explained that Trump and his fellow Republicans have to avoid a recession caused by his tariff wars. Otherwise, they risk losing their thin majorities in both houses of Congress later in 2026, as per Yardeni.
&#8220;The correction in the S&amp;P 500 that started on February 19 ended on April 8. The S&amp;P 500 now has regained almost all its losses since the April 2 close, just before it tanked during the Annihilation Days on April 3 and April 4,&#8221; he said.
According to Yardeni, the stock market will soon have &#8220;deals fatigue and tire of Trump&#8217;s declarations of victory.&#8221;
&#8220;We think the trade issue will be behind us by July or August. If so, then the focus should be on how much Trump&#8217;s tariff skirmishes weighed on the economy and earnings. We expect both will remain surprisingly resilient,&#8221; he added.
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Friday:
<ul class="wp-block-list">
<li>Fed Governor Michael Barr will speak at 5:55 a.m., New York Fed President John Williams will speak at 6:15 a.m., and Fed Governor Adriana Kugler will speak at 6:45 a.m. ET.</li>
</ul>
-Fed Governor Lisa Cook will speak at 6:45 a.m. ET.
<ul class="wp-block-list">
<li>Richmond Fed President Tom Barkin speaks at 8:30 a.m., Fed Governor Christopher Waller and New York Fed President John Williams will speak on a panel at 11:30 a.m. ET.</li>
</ul>
<ul class="wp-block-list">
<li>Fed Governor Michelle Bowman, St. Louis Fed President Alberto Musalem, and Fed Cleveland President Beth Hammack will speak on the panel at 7:45 p.m. ET.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>EchoStar Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) fell 3.53% in premarket on Friday as it is expected to report earnings before the opening bell. Analysts expect a quarterly earnings loss of 88 cents per share on the revenue of $3.87 billion.</li>
</ul>
<ul class="wp-block-list">
<li>Plains All American Pipeline LP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAA#NASDAQ">PAA</a>) was up 1.18% as Wall Street expects it to report earnings of 43 cents per share on revenue of $14.26 billion before the opening bell.</li>
</ul>
<ul class="wp-block-list">
<li>LYFT Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) jumped 7.31% after reporting better-than-expected earnings for the first quarter and announcing a $750 million share buyback plan.</li>
</ul>
<ul class="wp-block-list">
<li>Sensata Technologies Holding PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ST#NYSE">ST</a>) rose 9.13% after reporting better-than-expected first-quarter financial results and issuing strong guidance for the second quarter.</li>
</ul>
<ul class="wp-block-list">
<li>Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) dropped 1.26% after reporting worse-than-expected first-quarter financial results. Coinbase reported first-quarter total revenue of $2.03 billion, missing a Street consensus estimate of $2.12 billion.</li>
</ul>
<ul class="wp-block-list">
<li>Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) was 2.20% higher after its April sales surged on the back of rushed orders following the levy of U.S. tariffs.</li>
</ul>
<ul class="wp-block-list">
<li>Twin Vee Powercats Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VEEE#NASDAQ">VEEE</a>) plunged 37.85% after it announced the fundraise of $3 million by pricing its public offering of 750,000 shares of common stock at $4.00 per share.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 1.59% to hover around $60.86 per barrel.
Gold Spot US Dollar rose 0.65% to hover around $3,327.68 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was lower by 0.26% at the 100.3830 level.
Asian markets were mixed on Friday as India's S&amp;P BSE Sensex, South Korea's Kospi, and China&#8217;s CSI 300 index fell. While Japan's Nikkei 225, Australia's ASX 200, and Hong Kong's Hang Seng index rose. European markets were higher in early trade.
Read Next:
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<li><a href="https://www.benzinga.com/25/05/45310899/quantum-computing-aids-energy-efficiency-for-blockchain-hashing-require-a-fraction-of-the-electricity-used-by-classical-resources-says-d-wave-ceo">Quantum Computing Aids Energy Efficiency For Blockchain Hashing: &#8216;Require A Fraction Of The Electricity Used By Classical Resources,&#8217; Says D-Wave CEO </a></li>
</ul>
Image via Shutterstock

Earnings Beats

Earnings Misses

Government

Macro Notification

Regulations

Guidance

Futures

Forex

Treasuries

Federal Reserve

ETFs

USFD

US Stock Futures Flicker Between Gains And Losses After Strong Three-Day Run: 'Tariffs Are Steering The Boat Again,' Says Expert

Press Releases

Lyft CFO to Participate in Fireside Chat Hosted by Barclays

Lyft To Announce Fourth Quarter and Full-Year 2024 Financial Results

Lyft Reports Record Q4 and Full-Year 2024 Results

Lyft CFO to Participate in Fireside Chat Hosted by Morgan Stanley

Lyft to Announce First Quarter 2025 Financial Results

Lyft Expands in Europe, Diversifies by Acquiring FREENOW

Engine Capital Nominates Two Highly Qualified and Independent Candidates for Election to Lyft's Board of Directors at the 2025 Annual Meeting

Engine Capital Issues Presentation Highlighting the Case for Boardroom Change at Lyft and Opportunities for Meaningful Value Creation

Lyft Reports Strong Q1 2025 Financial Results

Engine Capital Concludes Campaign at Lyft Following Productive Engagement on Capital Allocation Initiatives

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