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.
隨着Lyft Inc.（納斯達克：LYFT）在2024年前進，最近的業績和修訂的指導意見引發了分析師們不同程度的意見。這家公司不僅面臨着運營挑戰和戰略轉變，而且在市場專家中被評估時具有不同程度的樂觀和謹慎。
Here are the key insights from analysts following the company's Q2 earnings report released on Wednesday.
以下是分析師在Lyft發佈第二季度業績後的關鍵見解。
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對Lyft的評級爲持有，將其價格目標從18美元下調至13美元。儘管該公司降低價格波動和提高運營效率的努力被視爲積極的，但Truist仍對Lyft在競爭壓力和價格效應下實現長期增長目標的能力持謹慎態度。
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對Lyft持有跑贏大盤的評級，將其價格目標從24美元下調至17美元。公司的修改是由低於預期的預定和價格壓力推動的，但仍對Lyft的長期前景持樂觀態度。RBC承認了公司的戰略舉措，例如引入旨在提供價格穩定並潛在推動成交量增長的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同樣對Lyft採取中性評級，將其修訂後的價格目標從18美元下調至15美元。公司的謹慎展望反映了Lyft第二季度業績的混合結果和較輕的第三季度指導意見。J.P. Morgan強調了由於減少的Prime Time價格所帶來的毛收益壓力，並需要Lyft證明提高乘車成交量和自由現金流轉換的能力。對2025年和2026年的預估調整凸顯了關於Lyft能否在短期內實現其長期增長目標的擔憂。
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維持對Lyft的持有評級，提到了對乘車成交量的定價變化帶來的短期影響的擔憂。引入旨在爲通勤者提供價格穩定的Price Lock功能可能在長期內有益，但Needham對Lyft有多快能通過增加乘車成交量來恢復失去的營收持謹慎態度。
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.
公司強調需要Lyft證明其新的定價策略將有效推動用戶參與度，並抵消最初的營收下降。
LYFT Price Action: LYFT shares finished 10.9% higher at $10.07 on Thursday, according to Benzinga Pro.
LYFt股價變動：根據Benzinga Pro的數據，LYFt股價週四收漲10.9％，報10.07美元。
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圖片來自Shutterstock。
