Where Will Lyft Stock Be in 5 Years?
It's been a bit over five years since (NASDAQ: LYFT) had its initial public offering. Unfortunately, the stock has disappointed investors, trending lower over the last several years. The rideshare giant hasn't quite been able to live up to high-growth expectations, falling behind competitors in a volatile macroeconomic environment.
That being said, there are several reasons to believe this bumpy ride could still steer toward a more positive, long-term outlook. Let's look at where Lyft stock might go in the next five years.
The option to conveniently book a ride through a smartphone app has quickly revolutionized transportation.
Source Fool.com
LYFT Inc Stock
€10.22
0.420%
We see a rather positive sentiment for LYFT Inc with 16 Buy predictions and 1 Sell predictions.
With a target price of 19 € there is a hugely positive potential of 85.98% for LYFT Inc compared to the current price of 10.22 €.
