--- title: "Weekly Recap | LYFT +5.75%, Q3 revenue miss" type: "News" locale: "en" url: "https://longbridge.com/en/news/304723217.md" description: "LYFT rose 5.75% this week to $17.09, while the S&P 500 fell 2.68%, leaving the stock outperforming the benchmark by about 8.43 percentage points. The pattern was a failed breakout: Monday and Tuesday were quiet around $16.2-16.8, Wednesday surged on heavy volume to an intraday peak of $18.84 and closed up 12.4%, then Thursday and Friday gave most of it back. Average daily volume of 17.5m shares was nearly double the 60-day median, so turnover picked up sharply." datetime: "2026-11-07T08:21:51.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/304723217.md) - [en](https://longbridge.com/en/news/304723217.md) - [zh-HK](https://longbridge.com/zh-HK/news/304723217.md) generator: "portal-rs" --- # Weekly Recap | LYFT +5.75%, Q3 revenue miss ## The Week LYFT rose 5.75% this week to $17.09, while the S&P 500 fell 2.68%, leaving the stock outperforming the benchmark by about 8.43 percentage points. The pattern was a failed breakout: Monday and Tuesday were quiet around $16.2-16.8, Wednesday surged on heavy volume to an intraday peak of $18.84 and closed up 12.4%, then Thursday and Friday gave most of it back. Average daily volume of 17.5m shares was nearly double the 60-day median, so turnover picked up sharply. ## Key Events The week’s story was the Q3 report plus a run of autonomous-driving news. Ahead of the print, the stock rallied more than 11% intraday on Wednesday. After Thursday’s close, Lyft disclosed revenue of $1.82bn, below the $1.92bn analysts expected; GAAP EPS came in at -$0.03, missing by $0.23, mostly due to a driver-classification settlement reserve. Adjusted EBITDA still rose 47% year on year, and rides reached 273.5m. The stock fell as much as 15% in after-hours and kept sliding in Friday pre-market. On the partnership side, Lyft launched Lyft Go with DoorDash for in-trip ordering and cashback, and said it would significantly expand its Waymo robotaxi fleet in Nashville by year-end. The CEO said on the earnings call that the company is growing in autonomous-vehicle markets. ## Analyst Ratings Coverage stands at 45 firms: 10 rate it buy, 4 overweight, 30 hold, 1 underweight, and 0 sell. The consensus recommendation is buy, with a consensus target of $19.39, about 13.43% above the spot price of $17.09. Targets are widely dispersed, from $14.00 to $30.00. The stock ranks 2nd out of 9 in the road-passenger transport industry. After the print, Evercore ISI kept its In-Line rating and lowered its target to $20 from $21, while Scotiabank kept Sector Perform and lowered its target to $16 from $17. ## The Week Ahead Macro data will set the tone for consumer-discretionary names. On Tuesday, US CPI and core CPI land, with the market watching whether inflation keeps converging toward 2%; the NFIB small-business optimism index is also due on Tuesday. Lyft’s next earnings call is provisionally scheduled for after the close on 9 February 2027, with consensus estimates at $1.95bn in revenue. The revenue shortfall and the pace of autonomous-driving investment left open questions that the next report should start to answer. ## In Short This week looked like a repricing of expectations. The stock ran up into earnings, then sold off after the revenue miss and the settlement-driven loss; the Waymo expansion and DoorDash tie-up kept the growth narrative alive. Among 45 brokers, 14 sit at buy or overweight and 31 at hold or underweight, yet the consensus target is about 13% above spot—with targets split from $14 to $30. The next thing to watch is whether inflation data supports consumer spending and whether the next print aligns ridership volume with profit growth. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [LYFT.US](https://longbridge.com/en/quote/LYFT.US.md) ## Related News & Research - [Lyft (LYFT) reports Q3: everything you need to know ahead of earnings](https://longbridge.com/en/news/304201410.md) - [Evercore ISI Group maintains Lyft at In-Line, lowers price target to $20 from $21](https://longbridge.com/en/news/304659516.md) - [Robotaxis Aren't Killing Lyft's Business: CEO Says Company Is Growing in AV Markets, Details Waymo Partnership](https://longbridge.com/en/news/304593546.md) - [Lyft Offers Older Voters $50 to Get to the Polls — There's a Catch](https://longbridge.com/en/news/303990501.md) - [Vishay Precision Group, Inc. Just Missed EPS By 54%: Here's What Analysts Think Will Happen Next](https://longbridge.com/en/news/304737114.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**