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Lyft (LYFT) Gets a Buy from TD Cowen

Tipranks - Wed Apr 22, 1:46AM CDT

In a report released today, John Blackledge from TD Cowen maintained a Buy rating on Lyft, with a price target of $30.00.

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Blackledge covers the Communication Services sector, focusing on stocks such as Netflix, Alphabet Class C, and Meta Platforms. According to TipRanks, Blackledge has an average return of 10.6% and a 55.38% success rate on recommended stocks.

Lyft has an analyst consensus of Hold, with a price target consensus of $18.52.

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 63 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.

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