Tigress Financial Rates LYFT buy, $28 Price Target

Tigress Financial sticks to its buy rating on Lyft, Inc., setting a $28 price target, a 96.22% upside from the current price.

By TradeTexts Research Desk · Published Jun 26, 2026, 3:03 AM EDT · Updated Jun 29, 2026, 9:01 AM EDT

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Tigress Financial rated Lyft, Inc. ($LYFT) "buy" with a $28 price target on June 24, 2026.

Since the rating, $LYFT is up 3.0% after 1 week, down 1.4% after 1 month and up 16.8% to date (from the $14.40 close on Jun 24, 2026).

LYFT Lyft, Inc.

$16.82 -15.01% year to date

Daily close · Oct 16, 2026

Key Points

Tigress Financial reiterated its buy rating on Lyft, Inc. (LYFT) with a price target of $28 on June 24, 2026.
Tigress Financial's $28 price target implies 96.22% upside from Lyft, Inc.'s ($LYFT) current $14.27 share price.
Lyft shares traded near $14.4 on Friday, with a market cap of about $5.35 billion and a P/E ratio of 2.06.
Recent insider activity includes CFO Erin Brewer's planned sale of 15,000 shares at $13.59 on June 12, 2026.

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Tigress Financial has reiterated its buy rating on Lyft, Inc. (NasdaqGS: LYFT), maintaining a price target of $28. This decision was announced on June 24, 2026, with analyst Ivan Feinseth leading the analysis. Lyft shares traded around $14.4 on Friday, reflecting the firm's confidence in the company's potential.

Analyst rating track record

Tigress Financial vs. the S&P 500

YTD return +16.23% hypothetical

All-time return +137.38% S&P 500 +45.29%

vs. S&P 500 +92.09% ahead of the index

Hypothetical returns from Tigress Financial's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in Lyft, Inc.

In recent activity, BlackRock, Inc. increased its holdings in Lyft by 26,552,795 shares, ending with 49,000,870 shares valued at about $651.7 million. Ameriprise Financial Inc. also grew its position by 3,721,876 shares, bringing its total to 36,481,128 shares worth approximately $485.2 million. Millennium Management LLC added 10,849,782 shares, reaching 21,765,114 shares valued at $289.5 million. Vanguard Portfolio Management LLC opened a new position with 21,178,049 shares valued at $281.7 million. Meanwhile, FMR LLC slightly reduced its stake by 992,711 shares, holding 18,539,761 shares worth $246.6 million.

Lyft, Inc. Stock Down 5.5%

Shares of Lyft, Inc. (NasdaqGS: LYFT) traded near $14.4 on Friday. The company has a market cap of around $5.35 billion, with a P/E ratio of 2.06 and a forward P/E of 6.73. Its beta stands at 1.82, indicating higher volatility compared to the market. The stock's 52-week range is between $12.46 and $25.54, with a 50-day moving average of $14.03 and a 200-day average of $17.18. Lyft's current ratio is 0.58, and its quick ratio is 0.43, with a debt-to-equity ratio of 42.62.

12-month forecast

$LYFT price target

Lyft, Inc. daily closes and this analyst's $28 target. Not advice.

Recent Earnings

Lyft, Inc. reported revenue of approximately $6.52 billion with a growth rate of 13.8%. The company showed strong profitability with an EPS of $6.84 and a net margin of 43.8%. Its return on equity was 147.8%. The next earnings report is scheduled for May 7, 2026.

Insider Buying and Selling at Lyft, Inc.

Recent insider activity at Lyft includes CFO Erin Brewer's sale of 15,000 shares at an average price of $13.59 on June 12, 2026, under a Rule 10b5-1 plan. On June 3, 2026, Janey Whiteside, Jill Beggs, David Lawee, Deborah Hersman, and Dave Stephenson each purchased 18,453 shares without specified prices.

Analysts Set New Price Targets

On June 24, 2026, Tigress Financial maintained its buy rating for Lyft with a $28 price target. DA Davidson, Canaccord Genuity, and JP Morgan all maintained their hold ratings in May 2026, with price targets ranging from $14.5 to $18. Truist Securities also maintained a hold rating, setting a target of $16. RBC Capital maintained a buy rating with an $18 price target. The consensus recommendation for Lyft is a buy, with an average target price of $19.04 based on 36 analyst opinions.

About Lyft, Inc.

Lyft, Inc. is a technology company based in San Francisco, California, operating a platform for multimodal transportation networks. It connects drivers with riders through its mobile application, offering ridesharing services, car rentals, and a network of shared bikes and scooters. The company, led by CEO John David Risher, was founded in 2007 and employs around 3,913 people.

Bottom Line

Tigress Financial's reiterated buy rating and $28 target reflect confidence in Lyft's growth prospects. Investors watch these ratings closely to gauge market sentiment, though it's important to remember these are backward-looking analyses. As always, individual investment decisions should consider broader market conditions and personal financial situations.