Tse Lei
05-09

Lyft vs. Uber: Investment Showdown

Lyft

* Average Analyst Price Target: $16.50 (slightly below current price)

* Recent Performance: Up 6% after positive earnings report

* Market Share: Lower than Uber (around 28%)

Uber

* Average Analyst Price Target: $89.44 (significantly above current price)

* Recent Performance: Down 6% despite positive earnings report

* Market Share: Dominant in US market (around 72%)


Based on the information above, Uber seems like a more attractive investment opportunity. Here's why:

* Higher Upside Potential: Analyst price targets suggest Uber has much more room for growth compared to Lyft.

* Stronger Market Share: Uber controls a significantly larger portion of the US ride-hailing market, giving them a stronger foundation.

* Positive Earnings Report: Despite the stock price dip, Uber's recent earnings were positive, indicating healthy ridership and bookings.

However, consider these factors as well:

* Lyft's Recent Momentum: Lyft's stock price rose after earnings, suggesting investor confidence.

* Uber's Net Loss: While revenue grew, Uber still reported a net loss, which might concern some investors.

Overall, Uber appears to be the better long-term investment with its higher growth potential and market dominance and the target price in 6 to 12-month will be $93. But keep an eye on Lyft's momentum and Uber's profitability in the coming quarters.

Lyft vs. Uber: What's Your Pick After Earnings?
Lyft stock rose 6% late Tuesday after the ride-hail company posted better-than-expected first quarter earnings and sales. Lyft also gave a better than expected forecast for demand in the current quarter. Uber dips 6% as the company reports first-quarter results that beat expectations for revenue, but posts net loss. -------------------- Lyft vs. Uber: What's your pick? What's your target price for two ride-hailing companies?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Neexio
    05-10
    Neexio
    Wow, your analysis of the Lyft versus Uber investment showdown is spot on!
  • NinaEmmie
    05-10
    NinaEmmie
    You seem to have done your research on Lyft and Uber's investment potential.
  • OgdenHerbert
    05-10
    OgdenHerbert
    Uber investment showdown!
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