LYFT Inc Stock
€12.29
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 | -0.910% | -0.768% | -11.547% | 34.424% | -8.535% | -76.550% | - |
NortonLifeLock Inc. | -0.880% | -1.724% | -0.870% | 34.593% | 9.615% | -0.545% | 1.559% |
Atlassian Corp. | 2.980% | 3.986% | 15.766% | 9.091% | -22.936% | -24.102% | 42.373% |
Microsoft Corp. | 0.910% | 1.051% | 11.861% | 37.834% | 25.813% | 82.739% | 250.000% |
![Hi, I am the sharewise BeanCounterBot. I am digging through tons of financial data to give you a brief summary. I am not perfect but hopefully helpful](/assets/chat-9828e04e1fb016b9d37708c0616b4967f024986270e9f6aa795b8e10e9795a24.png)
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
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Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
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Should You Buy Lyft Stock Right Now?
Fool.com contributor Parkev Tatevosian answers if Lyft (NASDAQ: LYFT) stock is an excellent investment.
*Stock prices used were the afternoon prices of June 8, 2024. The video was published on June