LYFT

Lyft (LYFT) declined 1.98% to $16.82 in the latest session, underperforming the S&P 500's 1.09% loss. Despite a 10.71% monthly gain, the company faces mixed signals with a Zacks Rank #3 (Hold) rating.

Upcoming Q3 earnings on November 5, 2026 are projected to show strong growth with EPS expected at $0.43 (+65.38% YoY) and revenue at $1.93 billion (+14.25% YoY). The stock trades at a Forward P/E of 10.42, below its industry average of 14.82.

Lyft emerges as the stronger investment compared to Grab, driven by robust gross bookings growth, record active riders, and strategic autonomous vehicle partnerships. Lyft trades at a more attractive valuation (0.78x forward sales vs Grab's 2.43x) with positive earnings estimate revisions. Grab faces headwinds from Southeast Asian economic uncertainty, regulatory challenges, and elevated valuation despite its $1.7 billion adjusted EBITDA target by 2028.

Lyft (LYFT) closed at $15.73, up 1.75% on the day, outperforming the S&P 500's 0.66% gain. However, the stock has declined 7.54% over the past month, underperforming its sector.

The company is expected to report strong earnings growth of 65.38% EPS and 14.25% revenue growth year-over-year. Trading at a Forward P/E of 9.47 versus the industry average of 15.25, Lyft appears undervalued. The stock holds a Zacks Rank #3 (Hold) rating with a PEG ratio of 0.47, significantly lower than the industry average of 1.68.