Is LYFT's Impressive Gross Bookings Growth a Sign for Further Upside?

AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Is LYFT's Impressive Gross Bookings Growth a Sign for Further Upside? December 11, 2025 — 09:17 am EST Written by Maharathi Basu for Zacks-> Lyft LYFT, the San Francisco-based ridesharing company, continues to benefit from a steady rise in gross bookings. This improvement is largely driven by an expanding active rider base, entry into additional markets and the success of the user-friendly Price Lock feature.Lyft released its third-quarter 2025 results last month. During the September quarter, gross bookings climbed 16% year over year to $4.8 billion, an all-time high. This marked the company’s 18th straight quarter of double-digit annual growth in this key metric. The increase was fueled by a record 28.7 million active riders, up 18% year over year. Lyft also delivered a record third quarter of 248.8 million rides, reflecting a 15% year-over-year increase. For the fourth quarter of 2025, Lyft anticipates year-over-year growth in rides in the mid-to-high teens, driven by industry-leading service levels, strong rider and driver growth and increased engagement. Gross bookings are anticipated to grow almost 17-20% year over year, reaching $5.01-$5.13 billion.Lyft’s strategic shift toward less densely populated markets, such as Indianapolis, is also proving beneficial.

The Price Lock feature continues to perform well. With more employees returning to the office, weekday ride-hailing demand is rising. To compete more effectively with other ride-hailing platforms, Lyft introduced Price Lock, which helps users avoid surge pricing during peak commuting hours by securing a fixed fare.Comparison With Other Ride-Hailing CompaniesRival Uber Technologies UBER also reported strong customer activity in the third quarter of 2025. Mobility segment gross bookings increased 19% year over year on a constant-currency basis to $25.1 billion, while Delivery segment gross bookings rose 24% to $23.3 billion. Total gross bookings jumped 21% at Uber to $48.7 billion. For the December quarter, Uber expects gross bookings between $52.25 billion and $53.75 billion, signaling 17-21% constant-currency growth over fourth-quarter 2024.Singapore-based Grab GRAB is seeing healthy momentum in On-Demand Gross Merchandise Value (“GMV”). In the third quarter of 2025, On-Demand GMV (mobility plus deliveries) at Grab climbed 24% year over year. Grab expects 2025 revenues between $3.38 billion and $3.40 billion, up from the prior view of $3.33-$3.40 billion, indicating 21-22% year-over-year growth. LYFT’s Stock Performance, Valuation, and Earnings OutlookOver the past six months, LYFT’s shares have advanced 31.7%, underperforming the industry’s 73.2% surge over the same period. 6-Month Price ComparisonImage Source: Zacks Investment ResearchFrom a valuation perspective, Lyft trades at a 12-month forward price-to-sales (P/S) ratio of 1.1X, making it inexpensive relative to industrial levels.Image Source: Zacks Investment ResearchAdditionally, the Zacks Consensus Estimate for LYFT’s 2025 and 2026 earnings has moved higher over the past 60 days.Image Source: Zacks Investment Research Zacks RankLyft currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Free Report: Profiting from the 2nd Wave of AI Explosion The next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives. Investors who bought shares like Nvidia at the right time have had a shot at huge gains. But the rocket ride in the "first wave" of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies. Zacks' AI Boom 2.0: The Second Wave report reveals 4 under-the-radar companies that may soon be shining stars of AI’s next leap forward. Access AI Boom 2.0 now, absolutely free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportLyft, Inc. (LYFT) : Free Stock Analysis ReportUber Technologies, Inc. (UBER) : Free Stock Analysis ReportGrab Holdings Limited (GRAB) : Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Tags StocksInvesting Zacks Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com. More articles by this source-> Stocks mentioned LYFT UBER GRAB More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.