TECH - Why Lyft Shares Are Gaining Today | Benzinga
Lyft, Inc. (NASDAQ:LYFT) shares are trading higher on Thursday after the company provided 2027 financial targets ahead of its Investor Day.
“The financial targets we are announcing today reflect our expectations of healthy top-line growth and margin expansion as we deliver on our strategic priorities,” said CFO Erin Brewer.
Lyft’s 2027 Financial Targets:
- The company anticipates a compound annual growth rate of around 15% in gross bookings from full-year 2024 to full-year 2027.
- In 2027, the ...