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Lyft slides; Wedbush cuts to 'underperform'

ReutersDec 19, 2025 12:55 PM

Ride-hailing firm Lyft's LYFT.O shares fall 3.6% to $19.15 premarket

Wedbush downgrades stock to "underperform" from "neutral"

"Lyft is most at risk to the impact of (autonomous vehicle) disruption given the company’s exposure to the U.S. ridesharing market and undiversified offering mix" - brokerage

Avg rating of 49 analysts is "hold;" their median PT is $24.03 - data compiled by LSEG

Up to last close, stock has risen ~54% this year

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