Rating Change
Canaccord Genuity reiterated its Hold rating on Lyft, Inc. (NASDAQ:LYFT) on August 10, 2026.
reiterateNASDAQ:LYFT
Canaccord Genuity Reiterates Hold Rating on Lyft, Inc. (LYFT)
Canaccord Genuity reiterated its Hold rating on Lyft, Inc. (NASDAQ:LYFT) on August 10, 2026.
At publication ·
What changed
Lyft, Inc. (NASDAQ:LYFT) · reiterate
- Firm
- Canaccord Genuity
- Rating
- Hold to Hold
- Price at event
- $17.26
- Market capitalization
- $8.2B
At a glance
Key takeaways
- Canaccord Genuity reiterated a Hold rating on Lyft on August 10, 2026, with the stock trading at $17.26 and a market capitalization of $8.2 billion.
Market Context
Lyft, Inc. operates in the Technology sector. The stock currently trades at $17.26 with a market capitalization of $8.2B. The stock has gained 24.5% over the past 52 weeks.
Analyst coverage from Canaccord Genuity provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Lyft, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Lyft, Inc.
Among the 10 most recent ratings: 3 Buy, 7 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Aug 10, 2026 | Roth Capital | Buy | N/A |
| Aug 10, 2026 | Canaccord Genuity | Hold | N/A |
| Aug 07, 2026 | Piper Sandler | Overweight | N/A |
| Aug 07, 2026 | Wells Fargo | Equal-Weight | N/A |
| Aug 07, 2026 | JP Morgan | Neutral | N/A |
Related Tools: Analyst Ratings Dashboard | View LYFT Stock Page
Frequently Asked Questions
What does the Hold rating mean for LYFT?
A rating of Hold from Canaccord Genuity reflects the analyst's outlook on Lyft, Inc. (NASDAQ:LYFT). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the LYFT forecast page.