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Lyft stock falls 15% on disappointing fourth-quarter results, rider numbers
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- •Lyft's stock fell by 15% on February 11, 2026.
- •The decline followed the announcement of fourth-quarter results.
- •Rider numbers reported by Lyft were disappointing.
- •Evercore ISI and Canaccord Genuity both lowered their price targets for Lyft stock on February 11, 2026.
- •Lyft announced a $1 billion buyback plan on February 11, 2026.
Qué Podría Pasar Si...
- ▸If the disappointing fourth-quarter results reflect a broader trend in rider demand... Lyft may face ongoing challenges in maintaining its market position.
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Fuentes (5)
FINANCECNBC - Top NewsLyft CEO Risher says consumer is showing 'no softness' as stock slides 15% after earningsFINANCEInvesting.com - NewsEvercore ISI lowers Lyft stock price target to $21 on softer outlookFINANCEInvesting.com - NewsCanaccord Genuity lowers Lyft stock price target on robotaxi concernsFINANCECNBC - Top News