Cantor cuts target for Lyft stock from USD 17.00 to USD 15.00

Published on 10/20/2026 at 19:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 1.84 billion, up 16.10 percent year over year. Lyft stock costs EUR 15.45 on October 20, 2026.

Analyst target and reporting date

Cantor Fitzgerald cut its Lyft target from USD 17.00 to USD 15.00 on October 19, 2026.
Lyft revenue reached USD 1.84 billion in the second quarter of 2026, up 16.10 percent year over year.
Lyft stock costs EUR 15.45 at Lang & Schwarz on October 20, 2026 at 7:47 p.m. CEST.
Lyft will hold its third-quarter 2026 earnings call on November 5, 2026.

LYFT, US55087P1049, Illustration mit AI erstellt.

Lyft (ISIN US55087P1049) faced a lower analyst target after Cantor Fitzgerald cut its view from USD 17.00 to USD 15.00 on October 19, 2026, while keeping a Neutral rating, as MarketBeat reported. The revised target is 13.71 percent below the Nasdaq price of USD 17.38 on October 20, 2026. Lyft was trading at EUR 15.45 at Lang & Schwarz on October 20, 2026 at 7:47 p.m. CEST.

Revenue growth sets the baseline

Lyft reported USD 1.84 billion in revenue for the second quarter of 2026, ended June 30, up 16.10 percent from the same quarter of 2025, according to EarningsStory. The figure gives the target cut a clear operating counterpoint: sales growth remained positive even as the latest analyst action placed the target below the current Nasdaq quotation.

Stock position stays wide

Lyft's 52-week Nasdaq range was USD 12.46 to USD 25.54 on October 20, 2026. The USD 17.38 Nasdaq price stood 31.94 percent below the high and 39.49 percent above the low. Market capitalization was USD 6.6 billion, while the price to earnings ratio was 2.53.

What comes next for Lyft

Lyft's investor-relations calendar lists its third-quarter 2026 earnings call for November 5, 2026, with the event scheduled from 5:00 p.m. to 5:45 p.m. Eastern Time. The company also lists the second-quarter report as covering the period ended June 30, 2026. For investors, the next report will provide the next dated test of revenue growth after the USD 15.00 target revision.

Comparison with peers

Lyft: up 2.27 percent, price to earnings ratio 2.53, market capitalization USD 6.6 billion.

Uber Technologies (NYSE, USD): down 1.33 percent, price to earnings ratio 15.17, market capitalization USD 141.0 billion.

DoorDash (NYSE, USD): down 0.35 percent, price to earnings ratio 101.06, market capitalization USD 83.6 billion.

Price and next report

The Cantor Fitzgerald target of USD 15.00 sits below Lyft's USD 17.38 Nasdaq price, while the next earnings call is scheduled for November 5, 2026. The euro quotation was EUR 15.45 at Lang & Schwarz on October 20, 2026 at 7:47 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Lyft stock.