Lyft (LYFT)


November 17, 2022

LYFT: Lyft-ing Up Its Subscriber Benefits Further

By Steven Fox

This week, Lyft (LYFT; $11.35; O/P) announced further updates to its Lyft Pink subscriber benefits for Chase Sapphire Reserve cardmembers, which should make its program more attractive to potential users that in turn usually become…

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November 8, 2022

LYFT: Further Solidifying EBITDA Path to $1B

By Steven Fox

We think Lyft’s (LYFT; $14.14; O/P) Q3 results and outlook hit the necessary “marks”, especially in the context of the current share price and recent moves by management to reduce its expense base meaningfully in…

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November 7, 2022

LYFT: First Look at Q3 Results and Outlook

By Steven Fox

Lyft (LYFT; $14.14; O/P) reported Q3 sales of $1,054mm (+6% QoQ and +22 % YoY), which was basically in line with the Street’s $1,056mm and our $1,050mm, along with adjusted EBITDA of $66.2mm (6.3% of…

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November 4, 2022

LYFT: Moving More Aggressively on the Cost Front

By Steven Fox

Yesterday, The Wall Street Journal reported that Lyft (LYFT; $13.72; O/P) is reducing its headcount by 13%, which was then confirmed by the company in an 8-K filing. By comparison, the company most recently disclosed…

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October 25, 2022

Back in Pink

By Steven Fox

This morning, Lyft (LYFT; $14.81; O/P) announced in a blog post that it was re-introducing its Lyft Pink membership program, which now includes new benefits at a lower subscription price ($9.99 per month or $99…

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October 18, 2022

More Signs of Managing to EBITDA Growth

By Steven Fox

Yesterday, Lyft (LYFT; $13.09; O/P) disclosed that the company is increasing the service fee it charges to U.S. riders on its rideshare network to cover higher insurance costs. We think this announcement highlights one of…

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October 10, 2022

LYFT – Blog Post Clears Some Air

By Brenan Hefner

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October 3, 2022

Return Trip on Stock Looks Overdone

By Steven Fox

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August 4, 2022

First Look at Q2 Results

By Steven Fox

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