Lyft shares plunge as slowing ride growth threatens long-term profit targets
Lyft shares fell 18 percent today as slowing ride growth missed estimates. Investors worry about long-term profit targets amid heavy competition from Uber.
Insights:
Lyft, Inc. saw its shares tumble 18% in premarket trading on February 11, 2026, after the ride-hailing platform reported slowing ride growth and issued a weaker-than-expected forecast for its first-quarter adjusted core profit. This sharp market reaction in the US 
US follows a series of quarterly metrics that failed to meet investor expectations, raising immediate questions regarding the company's ability to achieve its long-term financial objectives.
US follows a series of quarterly metrics that failed to meet investor expectations, raising immediate questions regarding the company's ability to achieve its long-term financial objectives.The company’s latest financial results revealed that Lyft missed its 2025 ride volumes and fourth-quarter expectations, while also posting an unexpected operating loss for the full year 2025. These figures have intensified investor concern that slower demand, coupled with the necessity of executing cost-heavy growth initiatives, could impede progress toward a stated long-term profitability target, which includes a 4% EBITDA margin target for 2027.
