Yahoo · Oct 1, 2026
Lyft is paying $272.5M to settle lawsuit over how it classified drivers
Today, gig economy drivers are classified as contractors. This settlement clears up a lingering lawsuit from 2020 when that was still an unanswered issue.
LY
NASDAQ · LYFT
Lyft, Inc.
Technology · Software - Application
$15.73
Up+$0.03 (+0.19%)
Updated Oct 7, 2026, 12:18 AM
SID Score
4.0/10
Composite research score
Smart Money
58/100
Neutral
- Market cap
- 8.19B
- P/E ratio
- 55.22
- Dividend yield
- 0.00%
- 52-week range
- $12.46 – $25.54
- Volume
- 11.47M
- Avg. volume
- 18.95M
Price performance · LYFT
LYFT price history
1M range · 20 trading sessions · Daily adjusted prices
Prices through Oct 5, 2026
LYFT closed at $15.73 after 20 trading sessions, down 3.14% for the selected period.
- Last close
- $15.73
- Period change
- -3.14%
- Period low
- $14.75
- Period high
- $16.24
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 5, 2026 | $15.45 | $15.80 | $15.44 | $15.73 | 11.47M |
| Oct 2, 2026 | $15.32 | $15.52 | $15.1477 | $15.46 | 8.25M |
| Oct 1, 2026 | $15.01 | $15.22 | $14.7702 | $15.21 | 7.71M |
| Sep 30, 2026 | $15.21 | $15.325 | $14.92 | $15.01 | 7.97M |
| Sep 29, 2026 | $15.00 | $15.335 | $14.8952 | $15.07 | 8.59M |
| Sep 28, 2026 | $14.73 | $14.91 | $14.445 | $14.88 | 6.83M |
| Sep 25, 2026 | $14.84 | $15.04 | $14.73 | $14.865 | 5.13M |
| Sep 24, 2026 | $14.77 | $14.93 | $14.46 | $14.75 | 7.78M |
| Sep 23, 2026 | $14.92 | $14.985 | $14.57 | $14.77 | 8.91M |
| Sep 22, 2026 | $15.56 | $15.5999 | $14.84 | $14.90 | 10.24M |
| Sep 21, 2026 | $15.20 | $15.42 | $15.07 | $15.27 | 7.73M |
| Sep 18, 2026 | $15.40 | $15.50 | $15.075 | $15.10 | 15.1M |
| Sep 17, 2026 | $15.43 | $15.545 | $15.074 | $15.50 | 8.97M |
| Sep 16, 2026 | $15.66 | $15.88 | $15.43 | $15.69 | 8.19M |
| Sep 15, 2026 | $15.68 | $15.965 | $15.50 | $15.69 | 10.88M |
| Sep 14, 2026 | $15.46 | $15.92 | $15.4211 | $15.90 | 9.77M |
| Sep 11, 2026 | $15.14 | $15.34 | $14.94 | $15.32 | 8.86M |
| Sep 10, 2026 | $14.71 | $15.1766 | $14.5352 | $15.02 | 9.15M |
| Sep 9, 2026 | $15.77 | $15.815 | $14.875 | $14.90 | 17.4M |
| Sep 8, 2026 | $16.60 | $16.64 | $15.95 | $16.24 | 15.63M |
Latest LYFT news
The latest Smart Investors Daily articles mentioning LYFT.
Stock researchCompany · Overview
Company
Market Activity
Research & News
LYFT research
Overview
Company profile and research snapshot.
Company profile
Lyft is the second-largest ride-sharing service provider in the US and Canada, connecting riders and drivers over the Lyft app. Incorporated in 2013 and public since 2019, Lyft offers a variety of rides via private vehicles, including traditional private rides, shared rides, and luxury ones. Besides ride-share, Lyft has entered the bike- and scooter-share market to bring multimodal transportation options to users.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- $22.25
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Oct 5, 2026 | Wells Fargo | Equal-Weight | — |
| Sep 17, 2026 | Guggenheim | Neutral | — |
| Sep 9, 2026 | Scotiabank | Sector Perform | — |
| Sep 1, 2026 | Rosenblatt | Neutral | — |
| Aug 10, 2026 | Roth Capital | Buy | — |
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Yahoo · Oct 1, 2026
Lyft agrees to pay California $272.5m in largest-ever wage theft settlement
More than $237m will be distributed to drivers over firm labeling them independent contractors and not employees
Yahoo · Oct 1, 2026
Lyft settles California driver misclassification claims for $272.5M
The deal, subject to court approval, covers alleged wage theft against drivers classified as independent contractors between 2016 and 2020
Yahoo · Oct 1, 2026
Lyft Agrees $272.5 Million Settlement Over California Driver Classification Claims
Lyft, Inc. (NASDAQ:LYFT) reached a $272.
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