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Posted by
Two Blokes May 12 -
Filed in
Stock
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Lyft, Inc.'s Q1 2025 earnings showed strong growth with net revenue at $1.45 billion and adjusted EBITDA at $106.5 million, leading to a 28% stock surge. Despite recent gains, Lyft's long-term performance lags behind Uber, remaining 79% below its IPO price, while Uber has nearly doubled. Lyft's acquisition of FreeNow raises concerns about their understanding of the European market and the realistic total addressable market for ride-hailing services.