
Lyft is starting a new business-focused ride brand. Alcove will offer chauffeur services using a company that Lyft acquired last year.
Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company is headquartered in San Francisco, California.
| Revenue (TTM) | $6.77B |
| Gross Profit (TTM) | $2.57B |
| EBITDA | $46.59M |
| Operating Margin | 2.58% |
| Return on Equity | 152.60% |
| Return on Assets | -0.86% |
| Revenue/Share (TTM) | $17.13 |
| Book Value | $7.97 |
| Price-to-Book | 1.85 |
| Price-to-Sales (TTM) | 0.94 |
| EV/Revenue | 0.748 |
| EV/EBITDA | 31.41 |
| Quarterly Earnings Growth (YoY) | 34.50% |
| Quarterly Revenue Growth (YoY) | 16.10% |
| Shares Outstanding | $378.54M |
| Float | $351.29M |
| % Insiders | 1.34% |
| % Institutions | 111.72% |
Volatility is currently contracting

Lyft is starting a new business-focused ride brand. Alcove will offer chauffeur services using a company that Lyft acquired last year.

The ride-hailing company is establishing a new chauffeuring brand, dubbed Alcove, that caters to demand for full days of executive travel between client meetings, conferences and flights, Chief Executive David Risher said.

Lyft outshines its ride-hailing rival Grab with stronger stock performance, attractive valuation and rising earnings estimates.

Booking's share price dropped as much as 32% from its highs of last year, and 25% from the start of this year. Gitlab has not been a good stock since its IPO during the bubbly 2021 market. We bought Capital One shares in accounts that hadn't owned Discover Financial (which COF took over a year ago) before, but we were probably early at $210-$220.

Lyft keeps posting record quarters while its stock slides toward multi-year lows, and one analyst sees a path to returns that would make most investors do a double take.

Lyft has agreed to pay $272.5 million to settle a lawsuit brought by California officials over alleged wage theft and driver misclassification

In the closing of the recent trading day, Lyft (LYFT) stood at $15.73, denoting a +1.75% move from the preceding trading day.

A tech company just opened a big warehouse outside of Nashville — but it isn't full of servers. Instead, it's a depot for charging and repairing self-driving cars.

Lyft's stock keeps falling even as its bookings and cash flow grow stronger, and one analyst sees a full double from here while 29 others are still waiting for proof.

In the closing of the recent trading day, Lyft (LYFT) stood at $15.07, denoting a +1.28% move from the preceding trading day.
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