Lyft (LYFT) Gets a Hold from Bernstein

In a report released yesterday, Nikhil Devnani from Bernstein maintained a Hold rating on Lyft, with a price target of $18.00. The company’s shares closed yesterday at $13.71.

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According to TipRanks, Devnani is a 3-star analyst with an average return of 5.2% and a 46.67% success rate. Devnani covers the Consumer Cyclical sector, focusing on stocks such as DoorDash, Maplebear, and Wayfair.

Currently, the analyst consensus on Lyft is a Hold with an average price target of $18.52, a 35.08% upside from current levels. In a report released on April 1, J.P. Morgan also assigned a Hold rating to the stock with a $17.00 price target.

Based on Lyft’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.59 billion and a net profit of $2.76 billion. In comparison, last year the company earned a revenue of $1.55 billion and had a net profit of $61.73 million

Based on the recent corporate insider activity of 64 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LYFT in relation to earlier this year. Most recently, in February 2026, John David Risher, the CEO of LYFT bought 7,490.00 shares for a total of $100,141.30.