Lyft (LYFT) Gets a Hold from Canaccord Genuity

In a report released today, George Gianarikas from Canaccord Genuity reiterated a Hold rating on Lyft, with a price target of $16.00.

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Gianarikas covers the Industrials sector, focusing on stocks such as Generac Holdings, Arq Inc, and Ameresco. According to TipRanks, Gianarikas has an average return of 4.8% and a 40.96% success rate on recommended stocks.

In a report released on April 14, Bernstein also maintained a Hold rating on the stock with a $18.00 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.