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Lyft Is Down 26% in 2026 — Rothschild Says the Robotaxi Boom Could Send It 54% Higher
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Lyft Is Down 26% in 2026 — Rothschild Says the Robotaxi Boom Could Send It 54% Higher
Lyft has been one of the more beaten-down names of 2026, falling 26% year-to-date as investors worry that rising labor costs and the spread of autonomous vehicles will hollow out its core ride-hailing business. But Rothschild & Co. Redburn sees the narrative completely backwards — and on Wednesday upgraded Lyft (LYFT) to buy from neutral with a new price target of $22, up from $17. That implies 54% upside from Tuesday’s close, making it one of t…
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