Lyft Analysts Offer Cautious Optimism On Strategic Moves Following Q2 Earnings Report
Lyft Analysts Offer Cautious Optimism On Strategic Moves Following Q2 Earnings Report
As Lyft Inc. (NASDAQ:LYFT) navigates through 2024, recent earnings reports and revised guidance have prompted a diverse range of opinions from analysts. The company, which has faced both operational challenges and strategic shifts, is being assessed with varying degrees of optimism and caution by market experts.
随着Lyft Inc.（纳斯达克：LYFT）在2024年前进，最近的财报和修订的指导意见引发了分析师们不同程度的意见。这家公司不仅面临着运营挑战和战略转变，而且在市场专家中被评估时具有不同程度的乐观和谨慎。
Here are the key insights from analysts following the company's Q2 earnings report released on Wednesday.
以下是分析师在Lyft发布第二季度财报后的关键见解。
Truist Securities has a Hold rating on Lyft and has reduced its price target from $18 to $13. While the company's efforts to reduce pricing volatility and improve operational efficiency are seen as positive, Truist remains wary of Lyft's ability to meet its long-term growth targets amid competitive pressures and pricing effects.
Truist Securities对Lyft的评级为持有，将其价格目标从18美元下调至13美元。尽管该公司降低价格波动和提高运营效率的努力被视为积极的，但Truist仍对Lyft在竞争压力和价格效应下实现长期增长目标的能力持谨慎态度。
RBC Capital Markets holds an Outperform rating on Lyft, dropping its price target from $24 to $17. The firm's revision is driven by lower-than-expected bookings and pricing pressures but maintains an optimistic view on Lyft's long-term prospects. RBC acknowledges the company's strategic initiatives, such as the introduction of the Price Lock feature, which aims to provide price stability and potentially drive volume growth.
RBC Capital Markets对Lyft持有跑赢大盘的评级，将其价格目标从24美元下调至17美元。公司的修改是由低于预期的预定和价格压力推动的，但仍对Lyft的长期前景持乐观态度。RBC承认了公司的战略举措，例如引入旨在提供价格稳定并潜在推动成交量增长的Price Lock功能。
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J.P. Morgan also adopts a Neutral rating on Lyft with a revised price target from $18 to $15. The firm's cautious outlook reflects mixed results from Lyft's second-quarter performance and a lighter third-quarter guidance. J.P. Morgan highlights the pressure on Gross Bookings due to reduced Prime Time pricing and the need for Lyft to demonstrate improved rides volume and Free Cash Flow conversion. The adjustment in estimates for 2025 and 2026 underscores concerns about whether Lyft can achieve its long-term growth objectives in the near term.
J.P. Morgan同样对Lyft采取中性评级，将其修订后的价格目标从18美元下调至15美元。公司的谨慎展望反映了Lyft第二季度业绩的混合结果和较轻的第三季度指导意见。J.P. Morgan强调了由于减少的Prime Time价格所带来的毛收益压力，并需要Lyft证明提高乘车成交量和自由现金流转换的能力。对2025年和2026年的预估调整凸显了关于Lyft能否在短期内实现其长期增长目标的担忧。
Needham & Company maintains a Hold rating on Lyft, citing concerns about the short-term impacts of pricing changes on ride volumes. The introduction of the Price Lock feature—aimed at providing price stability for commuters—could be beneficial long-term, but Needham is cautious about how quickly Lyft can recover the lost revenue through increased ride volumes.
Needham & Company维持对Lyft的持有评级，提到了对乘车成交量的定价变化带来的短期影响的担忧。引入旨在为通勤者提供价格稳定的Price Lock功能可能在长期内有益，但Needham对Lyft有多快能通过增加乘车成交量来恢复失去的营收持谨慎态度。
The firm highlights the need for Lyft to demonstrate that its new pricing strategies will effectively drive higher user engagement and offset initial revenue declines.
公司强调需要Lyft证明其新的定价策略将有效推动用户参与度，并抵消最初的营收下降。
LYFT Price Action: LYFT shares finished 10.9% higher at $10.07 on Thursday, according to Benzinga Pro.
LYFt股价变动：根据Benzinga Pro的数据，LYFt股价周四收涨10.9％，报10.07美元。
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图片来自Shutterstock。