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The Latest Breaking News from Lyft

Amid gas woes, NYC ride-hail drivers seek fuel surcharges

With fuel prices approaching $5 a gallon at some New York City gas stations, drivers for Uber and Lyft are calling on the ride-hailing companies to place surcharges on trips to help ease the rising cost of keeping for-hire cars and taxis on the road

The Independent UK

Read Why RBC Capital Slashed Price Targets Of Uber, Lyft

RBC Capital analyst Brad Erickson slashed the price target on Uber Technologies Inc (NYSE:UBER) to $50 from $65 (57% upside) but kept an Outperform. Erickson cut the price target on Lyft Inc (NASDAQ:LYFT) to $50 from $53 (37% upside) and kept an Outperform. Erickson cited the findings from RBC's proprietary driver supply analysis that gave a relative…

Benzinga

Where Lyft Stands With Analysts

Within the last quarter, Lyft (NASDAQ:LYFT) has observed the following analyst ratings:

Benzinga

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Lyft details fuel surcharge to help offset rising gas prices

Lyft will add a fuel surcharge of 55 cents to each ride given by its drivers to help offset surging gasoline prices

The Independent UK

Contractor status keeps rideshare drivers’ pay below minimum wage, report says

The study by the Illinois Economic Policy Institute and researchers at the University of Illinois Urbana-Champaign said the average rideshare driver in Chicago could earn substantially more money if classified as an employee.

Chicago Sun-Times

‘It’s not worth it’: rising gas prices force drivers to work for less than minimum wage

Drivers already hit by low wages and poor working conditions are spending more time driving to keep their wages the same

The Guardian - US

Minimum pay law for Uber and Lyft drivers proposed in Chicago

CHICAGO — A Chicago alderman has proposed an ordinance that would establish the minimum pay of ride-share drivers in the city, drawing concern from companies like Uber and Lyft that say such regulations would hit riders’ wallets the hardest.

Chicago Tribune

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Henry Payne: I rode an autonomous vehicle in Arizona. Here's how it went

TEMPE, Arizona — I secure my seatbelt in the back seat, press the START RIDE button, and my Waymo One Chrysler Pacifica enters traffic on Warner Road, the steering wheel spinning right — then left — into the center lane before slowing for a stoplight.

Tribune News Service

City Council member wants pay hike for Uber, Lyft drivers

Ald. Roderick Sawyer’s proposed ordinance would stop ride-hailing firms from making "record profits" while drivers barely make ends meet. "They need a decent increase. They feel like they’re getting shafted," Sawyer said.

Chicago Sun-Times

Teen attended hearing on weapons charge, then carjacked Lyft and gunned down 15-year-old, prosecutors say

Anthony Brown, 16, allegedly killed Michael Brown Tuesday in Bronzeville.

Chicago Sun-Times

Lyft Stock Bounces After Q4 Earnings: 5 Top Analysts React To Revenue Beat, Rider Miss

LYFT Inc (NASDAQ: LYFT) shares traded higher by 2.7% on Wednesday after the company reported a fourth-quarter revenue beat despite disappointing rider growth.

Benzinga

Lyft's Q4 Sales Top Views, But Shares Move Lower

Lyft, Inc. (NASDAQ: LYFT) reported better-than-expected earnings results for its fourth quarter after the closing bell on Tuesday.

Benzinga

Wedbush Lowers Price Target On Lyft Stock But Still Sees 21% Upside

Wedbush Securities analyst Daniel Ives on Tuesday said he continues to see upside in Lyft Inc.'s (NASDAQ: LYFT) stock despite the mixed earnings results for the fourth quarter.

Benzinga

Could Lyft Be Seeing A Reversal?

Lyft Inc. (NASDAQ: LYFT) shares are trading higher Tuesday, moving up toward a resistance level within a channel in which the stock has been trading. Lyft is scheduled to report earnings after the bell today.

Benzinga

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Benzinga

Looking At Lyft's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Lyft (NASDAQ:LYFT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

What 8 Analyst Ratings Have To Say About Lyft

Within the last quarter, Lyft (NASDAQ:LYFT) has observed the following analyst ratings:

Benzinga

Stock Wars: Lyft Vs. Uber

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

StockNews.com

Better Bet for 2022: Uber vs. Lyft

Shares of Uber (UBER) and Lyft (LYFT) are trading significantly lower compared to their record highs making them an intriguing possible investment for the contrarian investor. While the upside potential for both ride-hailing giants is compelling, let’s see which between the two stocks should you purchase right now.

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Benzinga

Why Uber And Lyft Shares Are Rising Today

Uber Technologies, Inc. (NYSE: UBER) and Lyft, Inc. (LYFT) shares are trading higher after KeyBanc maintained bullish ratings on the stocks and adjusted its price targets, respectively.

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