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Lyft Stock Drops After Q4 Earnings: AV Deployments in 2026, CEO Says - Lyft (NASDAQ:LYFT)

On Tuesday, Lyft reported fourth-quarter revenue of $1.59 billion and provided guidance of $120 million to $140 million for first-quarter adjusted Ebitda.
Company executives blamed a $168 million settlement impact and said broad-based consumer adoption will take time, with this quarter the first full period including Freenow, European taxi app.
Lyft expanded services, with Lyft Silver nearly doubling its senior rider base and showing hundreds of thousands of rides, while gross bookings rose 19% to $5.1 billion in the holiday period.
Investors punished the stock, sending shares down as much as 16% on Wednesday, while Evercore ISI analysts said fundamentals looked solid but the profitability guide lacked detail, and Erin Brewer said disciplined operations position the company for momentum.
Lyft's weak outlook mirrors a mixed report from Uber Technologies Inc. last week, suggesting expansion beyond core US markets isn't yet profitable while bookings growth outpaces rides through the first half.

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