Lyft Options Market Shows Increased Bullish Sentiment Ahead of Earnings

San Francisco, CA – Lyft Inc. is seeing a surge in bullish activity in the options market, with a 20% increase in call trading ahead of its upcoming earnings announcement on May 8. A total of 9,931 call contracts were traded, driving the implied volatility up to 83.37%.

The most widely traded options include the January 2026 $15 calls and the October 2025 $16 calls, which alone contributed nearly 2,100 contracts to the trading volume. The current Put/Call Ratio stands at 0.62, clearly indicating that investors favor calls over puts.

According to data from 37 analysts, the average target price for Lyft Inc. is set at $16.29, with estimates ranging from a low of $10.00 to a high of $26.00. This target suggests a potential upside of 25.82% from Lyft’s current price of $12.95.

A consensus recommendation from 47 brokerage firms places Lyft’s average rating at 2.7, suggesting a ‘Hold’ status. The rating scale ranges from 1, indicating a Strong Buy, to 5, representing a Sell.

Estimated future performance from GuruFocus indicates that Lyft could reach $17.33 within a year, implying a 33.87% upside from its current price. These projections are based on historical trading multiples, business growth prospects, and estimated future performance.

Investors may have their eyes on the company’s next earnings call scheduled for February 11, 2025, to glean further insights into its financial health.