Lyft shares tumble as slowing ride growth raises concerns over long term profitability targets

Lyft shares fell 13 percent today as slowing ride growth sparked concerns over long-term targets. The firm faces pressure from Uber and a weak 2025 performance.

Insights:
Lyft, Inc. saw its shares tumble 13% on Wednesday following the release of financial results that highlighted slowing ride growth and a disappointing outlook for the coming months. The ride-hailing company, which operates primarily in the US USUS, issued a weaker-than-expected adjusted core profit forecast for the first quarter and disclosed an unexpected operating loss for the full year 2025. These developments have immediately pressured the stock and raised concerns among investors regarding the company's long-term financial trajectory.
FILE PHOTO: A Lyft rideshare driver passes through the Second Street Tunnel in downtown Los Angeles, California, U.S., January 29, 2022. REUTERS/Bing Guan/File Photo
FILE PHOTO: A Lyft rideshare driver passes through the Second Street Tunnel in downtown Los Angeles, California, U.S., January 29, 2022. REUTERS/Bing Guan/File Photo
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