LYFT Inc Stock
€16.68
Your prediction
LYFT Inc Stock
Pros and Cons of LYFT Inc in the next few years
Pros
Cons
Performance of LYFT Inc vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| LYFT Inc | 0.720% | 8.947% | 0.804% | 113.430% | 22.052% | -59.777% | - |
| NortonLifeLock Inc. | -0.530% | -1.058% | -9.223% | 20.645% | -10.096% | 7.868% | -6.687% |
| Microsoft Corp. | 0.030% | 4.686% | -2.326% | 36.203% | 12.384% | 84.165% | 240.205% |
| Atlassian Corp. | -0.230% | 2.861% | -9.194% | 40.186% | -23.798% | -7.997% | 59.731% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Examining the financial statements of LYFT, a prominent player in the Software & IT Services industry, a mixed outlook on the company's financial health is apparent. While the company has a significant presence in its sector, the financial data reflects both promising and concerning factors that should be considered when evaluating LYFT's future prospects.
Increasing revenue: LYFT's total revenue has continued to grow over the years. From 2020 to 2022, the total revenue increased from $2.36 billion to $4.09 billion, indicating a positive trend in the top line.
Improvement in gross profit: The company has witnessed a steady increase in its gross profit over the years. In 2020, the gross profit stood at $917 million, which increased to $1.65 billion in 2022, reflecting a better margin performance.
Comments
News
Why Lyft Stock Was Climbing Today
Shares of Lyft (NASDAQ: LYFT) were moving higher today after the nation's No. 2 ridesharing company delivered solid first-quarter results, bouncing back from the pandemic and showing that recent
Lyft (LYFT) Q1 2024 Earnings Call Transcript
Image source: The Motley Fool.
Lyft (NASDAQ: LYFT)Q1 2024 Earnings CallMay 07, 2024, 5:00 p.m. ET
Operator
Source Fool.com
Lyft Stock Is Soaring: Should You Buy Below $20?
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