Wall Street Sours on Lyft, Price Target Cut
Lyft's stock price target has been cut by Truist analyst Youssef Squali to $15 from $18 due to winter storm disruptions, integration impact of the Freenow acquisition, and rising fuel costs. The company's shares are down nearly 33% in 2026, with the new target sitting only modestly above the current trading price.
Lyft's stock has taken a hit in 2026, with shares down nearly 33%. Truist analyst Youssef Squali cut the price target to $15 from $18, citing winter storm disruptions and rising fuel costs. The company's Q4 2025 results showed operational momentum, with gross bookings reaching $5.07 billion. However, revenue missed consensus estimates due to legal and regulatory reserve changes. The new target sits only modestly above the current trading price of $13.20. Investors should watch Q1 take rate trends and driver cost disclosures for indicators of whether this estimate cut marks a floor.
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