<p><strong>Lyft Inc</strong> (NASDAQ:LYFT) shares are trading flat Friday afternoon as traders digest mixed first-quarter results that paired a revenue beat with an EPS miss. Here’s what investors need to know.</p>



<ul>
<li>Lyft stock is showing downward pressure. What’s the outlook for LYFT shares?</li>
</ul>



<h2>Lyft’s Mixed Q1 Results: Revenue Beats While EPS Lags Analyst Estimates</h2>



<p>After Thursday's close, Lyft reported first-quarter EPS of 4 cents versus a 6 cents consensus estimate, while revenue came in at $1.65 billion versus $1.63 billion expected. Management also pointed to Gross Bookings of $4.9 billion (up 19%) and Active Riders of 28.3 million (up 17%), alongside CEO <strong>David Risher's</strong> comments on continued U.S. share gains and a Flexdrive AV operation in Nashville.</p>



<p>“Our customer-obsessed comeback continues,” said Risher, noting that Lyft met all financial goals and expanded U.S. market share. With double-digit growth in riders and bookings, CFO <strong>Erin Brewer</strong> highlighted a strong foundation and $1 billion in trailing twelve-month cash flow, setting the stage for accelerated growth in the second-quarter.</p>



<h2>Critical Levels To Watch For LYFT Stock</h2>



<p>At $14.20, Lyft is trading 1.3% below its 20-day SMA ($14.25) but 2.4% above its 50-day SMA ($13.73), which fits a short-term stabilization attempt after the March swing low and the April rebound. The bigger-picture trend is still a headwind, with the stock trading 10.1% below its 100-day SMA ($15.64) and 19.2% below its 200-day SMA ($17.41), and the February death cross (50-day below 200-day) still in place.</p>



<p>Momentum is best read through RSI, which sits at 51.78—neutral and consistent with a stock that's trying to base rather than break out. In plain terms, RSI helps gauge whether buying or selling has become &#34;stretched,&#34; and this reading suggests neither side has clear control right now.</p>



<ul>
<li><strong>Key Resistance</strong>: $14.00 — a nearby round-number/pivot area that can cap rebounds, especially with the 20-day SMA sitting just above current price</li>



<li><strong>Key Support</strong>: $13.00 — a nearby round-number level that lines up with where buyers have tended to step in as the stock holds above the 52-week low zone ($12.30)</li>
</ul>



<figure class="wp-block-image size-large"><img width="923" height="1024" src="https://imageproxy.pbkrs.com/https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/08145435/LYFT-rsi-heatmap-chart-923x1024.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/08145435/LYFT-rsi-heatmap-chart-923x1024.png"/></figure>



<h2>Is LYFT A Buy, Sell Or Hold? Wall Street Weighs In</h2>



<p><strong>Analyst Consensus &amp; Recent Actions:</strong> The stock carries a Hold rating with an average price target of $18.17. Recent analyst moves include:</p>



<ul>
<li><strong>JP Morgan</strong>: Neutral (Raises Target to $18.00) (May 8)</li>



<li><strong>Truist Securities</strong>: Hold (Raises Target to $16.00) (May 8)</li>



<li><strong>RBC Capital</strong>: Outperform (Lowers Target to $18.00) (May 8)</li>
</ul>



<h2>LYFT Stock Price Movement Today</h2>



<p><strong>LYFT Stock Price Activity:</strong> Lyft shares were flat at $14.09 at the time of publication on Friday, according to Benzinga Pro data.</p>



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<p><em>Image: Shutterstock</em></p>

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<p>Lyft (NASDAQ: LYFT) shares are trading flat after mixed Q1 results, with revenue beating estimates at $1.65 billion but EPS missing at 4 cents. The company reported a 19% increase in Gross Bookings and a 17% rise in Active Riders. Analysts maintain a Hold rating with an average price target of $18.17. Key resistance is at $14.00 and support at $13.00. Currently, Lyft shares are priced at $14.09, reflecting a stabilization attempt after recent fluctuations.</p>

Lyft Stock Flat After Q1 Revenue Beat, EPS Miss: Full Breakdown