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2021-08-04

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Lyft Results Beat Expectations. Here’s Why the Stock Is Falling<blockquote>Lyft业绩超出预期。这就是股票下跌的原因</blockquote>

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And comment","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/890113967","repostId":1103174591,"repostType":4,"repost":{"id":"1103174591","kind":"news","pubTimestamp":1628085634,"share":"https://www.laohu8.com/m/news/1103174591?lang=zh_CN&edition=full","pubTime":"2021-08-04 22:00","market":"us","language":"en","title":"Lyft Results Beat Expectations. Here’s Why the Stock Is Falling<blockquote>Lyft业绩超出预期。这就是股票下跌的原因</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1103174591","media":"Barron's","summary":"(Aug 4) Lyftstock tumbled Wednesday despite itsbetter-than-expected June quarter results, as investo","content":"(Aug 4)&nbsp;Lyftstock tumbled Wednesday despite itsbetter-than-expected June quarter results, as investors focused instead on disappointment with the third-quarter outlook and the company’s increasing costs for driver incentives.<blockquote>（8月4日）尽管Lyft 6月份季度业绩好于预期，但其股价周三暴跌，因为投资者转而关注对第三季度前景的失望以及该公司司机激励成本的增加。</blockquote> In late trading Tuesday, Lyft shares rallied after the ride-sharing company disclosed that it reached profitability one quarter sooner than expected—as measured by adjusted Ebitda, or earnings before interest, taxes, depreciation, and amortization.<blockquote>周二尾盘交易中，Lyft股价上涨，此前这家拼车公司披露其比预期提前了一个季度实现盈利（以调整后Ebitda（即息税折旧摊销前利润）衡量）。</blockquote> But on Wednesday, the stock dived 8.6% to $50.59.Uber Technologies(UBER), which reports results after the close on Wednesday, fell down 2.6% to $41.68.<blockquote>但周三，该股暴跌8.6%，至50.59美元。周三收盘后公布业绩的Uber Technologies(UBER)下跌2.6%，至41.68美元。</blockquote> Lyft (ticker: LYFT) posted second-quarter revenue of $765 million, up 125% from a year ago, and well ahead of the Street consensus at $696 million. Profit based on adjusted Ebitda (earnings before interest, taxes, depreciation and amortization) was $23.8 million, including about $16 million in one-time gains.<blockquote>Lyft（股票代码：Lyft）公布第二季度营收为7.65亿美元，同比增长125%，远高于华尔街普遍预期的6.96亿美元。基于调整后Ebitda（息税折旧摊销前利润）的利润为2380万美元，其中包括约1600万美元的一次性收益。</blockquote> Active riders (people who took at least one ride in the period) reached 17.1 million, up 97% from a year ago, and up 27% from the March quarter. Revenue per active rider was $44.63, up 14% from a year ago, but down slightly from $45.13 in the March quarter.<blockquote>活跃乘客（在此期间至少乘坐过一次的人）达到1710万，比去年同期增长97%，比3月份季度增长27%。每位活跃骑手的收入为44.63美元，同比增长14%，但略低于3月份季度的45.13美元。</blockquote> One reason for the pressure on the stock is rapid growth in Lyft’s incentive payments to drivers as a way to boost supply.On last night’s earnings conference call with the Street, Lyft said it paid more than $375 million in driver incentives in the quarter, up 92% from the March quarter. That is classified as “contra-revenue,” reducing the top line. The company said it expects that figure to be higher in the September quarter, as it pushes to increase supply to meet customer demand.<blockquote>该股承压的原因之一是Lyft向司机支付的奖励金快速增长，以此作为增加供应的一种方式。在昨晚与华尔街举行的财报电话会议上，Lyft表示，该季度支付了超过3.75亿美元的司机奖励，比3月份季度增长了92%。这被归类为“反收入”，减少了营收。该公司表示，预计这一数字在9月份季度将会更高，因为它正在努力增加供应以满足客户需求。</blockquote> On the call, Lyft projected third-quarter revenue of $850 million to $860 million, up between 70% and 72%, but a little shy of the old Street consensus forecast of $864 million. The company sees third-quarter adjusted Ebitda in the $25 million to $35 million range, which would be up from about $8 million in the June quarter when backing out the aforementioned one-time gains. The company said the forecast reflects about a $30 million to $40 million reduction to reflect reduced ride prices.<blockquote>在看涨期权，Lyft预计第三季度营收为8.5亿美元至8.6亿美元，增长70%至72%，但略低于老街普遍预测的8.64亿美元。该公司预计第三季度调整后Ebitda在2500万美元至3500万美元之间，如果剔除上述一次性收益，这一数字将高于6月份季度的约800万美元。该公司表示，这一预测反映了约3000万至4000万美元的减少，以反映乘车价格的降低。</blockquote> Analyst reaction to the quarter was mixed.<blockquote>分析师对本季度的反应不一。</blockquote> Gordon Haskett analyst Robert Mollins, who has a Hold rating and $62 target on the stock, writes in a research note that Lyft is making “solid progress on the driver supply side,” but that the commentary around spending incremental dollars on driver supply “puts a damper” on the outlook. As Mollins notes, the company said it would invest any incremental revenue dollars above guidance into driver supply programs.<blockquote>Gordon Haskett分析师Robert Mollins对该股给予持有评级，目标价为62美元，他在一份研究报告中写道，Lyft正在“在司机供应方面取得坚实进展”，但围绕在司机供应上增加资金的评论“给前景带来了阻碍”。正如莫林斯指出的那样，该公司表示将把任何高于指导的增量收入投资到司机供应计划中。</blockquote> Needham analyst Bernie McTernan was one of several analysts who suggested that driver supply could get a boost in early September as supplemental unemployment benefits come to an end. Meanwhile, he notes, “there is still a driver supply imbalance,” with Lyft taking on the burden of investing in both sides of the market—boosting driver pay while holding the line on ride pricing. McTernan keeps his Hold rating on the stock, and finds that there are “more compelling growth opportunities elsewhere in the U.S. mobility market,” an obvious reference to Uber.<blockquote>Needham分析师伯尼·麦克特南(Bernie McTernan)是几位分析师之一，他们表示，随着补充失业救济金的结束，司机供应可能会在9月初得到提振。与此同时，他指出，“司机供应仍然不平衡”，Lyft承担了投资市场双方的负担——提高司机工资，同时保持乘车定价。麦克特南维持对该股的持有评级，并发现“美国移动市场的其他地方存在更引人注目的增长机会”，这显然是指优步。</blockquote> MKM Partners analyst Rohit Kulkarni makes a similar point: Lyft has become “an increasingly attractive and tactical play on mass vaccinations and summer travel,” but he prefers Uber. The latter offers both lower valuation and a more diversified bet, with a broader international exposure as well as a food delivery arm, he writes. Making the same point, Atlantic Equities analyst James Cordwell says while results and guidance topped expectations, he’s keeping a Neutral rating on Lyft shares, “given the richer valuation versus Uber.”<blockquote>MKM Partners分析师Rohit Kulkarni也提出了类似的观点：Lyft已经成为“在大规模疫苗接种和夏季旅行方面越来越有吸引力的战术性游戏”，但他更喜欢Uber。他写道，后者提供了更低的估值和更多元化的投资，拥有更广泛的国际业务以及食品配送部门。Atlantic Equities分析师James Cordwell也表达了同样的观点，他表示，虽然业绩和指引超出了预期，但“鉴于其估值高于Uber”，他仍维持对Lyft股票的中性评级。</blockquote> Evercore ISI analyst Mark Mahaney, however, away from the results incrementally more positive, repeating his Outperform rating, while adjusting his price target to $76 from $77. But he also notes that challenges remain, with ride availability, wait times, and ride pricing still not optimal.<blockquote>然而，Evercore ISI分析师马克·马哈尼(Mark Mahaney)对业绩的看法逐渐乐观，重申了跑赢大盘的评级，同时将目标价从77美元调整至76美元。但他也指出，挑战依然存在，乘车可用性、等待时间和乘车价格仍然不是最佳的。</blockquote> “Lyft will have to lean aggressively into driver incentives for another quarter or two to rebalance the marketplace,” until vaccines more fully roll out, reopenings unfold, and demand normalizes for work and school commutes and airport trips, he writes. But he adds: “Lyft is proving it can do this while breaking through to sustained Ebitda profitability.”<blockquote>他写道，“Lyft将不得不在接下来的一两个季度内积极支持司机激励措施，以重新平衡市场”，直到疫苗更全面推广、重新开放以及工作、学校通勤和机场旅行的需求正常化。但他补充道：“Lyft正在证明它可以做到这一点，同时突破持续的Ebitda盈利能力。”</blockquote> <img src=\"https://static.tigerbbs.com/f086685c8c0bc7b6cef8c2a82ecba26d\" tg-width=\"837\" tg-height=\"558\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1008c1dc669a502cc56cd02c87357f26\" tg-width=\"359\" tg-height=\"124\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft Results Beat Expectations. Here’s Why the Stock Is Falling<blockquote>Lyft业绩超出预期。这就是股票下跌的原因</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLyft Results Beat Expectations. Here’s Why the Stock Is Falling<blockquote>Lyft业绩超出预期。这就是股票下跌的原因</blockquote>\n</h2>\n<h4 class=\"meta\">\n\nBarron's2021-08-04 22:00\n\n</h4>\n</header>\n<article>\n(Aug 4)&nbsp;Lyftstock tumbled Wednesday despite itsbetter-than-expected June quarter results, as investors focused instead on disappointment with the third-quarter outlook and the company’s increasing costs for driver incentives.<blockquote>（8月4日）尽管Lyft 6月份季度业绩好于预期，但其股价周三暴跌，因为投资者转而关注对第三季度前景的失望以及该公司司机激励成本的增加。</blockquote> In late trading Tuesday, Lyft shares rallied after the ride-sharing company disclosed that it reached profitability one quarter sooner than expected—as measured by adjusted Ebitda, or earnings before interest, taxes, depreciation, and amortization.<blockquote>周二尾盘交易中，Lyft股价上涨，此前这家拼车公司披露其比预期提前了一个季度实现盈利（以调整后Ebitda（即息税折旧摊销前利润）衡量）。</blockquote> But on Wednesday, the stock dived 8.6% to $50.59.Uber Technologies(UBER), which reports results after the close on Wednesday, fell down 2.6% to $41.68.<blockquote>但周三，该股暴跌8.6%，至50.59美元。周三收盘后公布业绩的Uber Technologies(UBER)下跌2.6%，至41.68美元。</blockquote> Lyft (ticker: LYFT) posted second-quarter revenue of $765 million, up 125% from a year ago, and well ahead of the Street consensus at $696 million. Profit based on adjusted Ebitda (earnings before interest, taxes, depreciation and amortization) was $23.8 million, including about $16 million in one-time gains.<blockquote>Lyft（股票代码：Lyft）公布第二季度营收为7.65亿美元，同比增长125%，远高于华尔街普遍预期的6.96亿美元。基于调整后Ebitda（息税折旧摊销前利润）的利润为2380万美元，其中包括约1600万美元的一次性收益。</blockquote> Active riders (people who took at least one ride in the period) reached 17.1 million, up 97% from a year ago, and up 27% from the March quarter. Revenue per active rider was $44.63, up 14% from a year ago, but down slightly from $45.13 in the March quarter.<blockquote>活跃乘客（在此期间至少乘坐过一次的人）达到1710万，比去年同期增长97%，比3月份季度增长27%。每位活跃骑手的收入为44.63美元，同比增长14%，但略低于3月份季度的45.13美元。</blockquote> One reason for the pressure on the stock is rapid growth in Lyft’s incentive payments to drivers as a way to boost supply.On last night’s earnings conference call with the Street, Lyft said it paid more than $375 million in driver incentives in the quarter, up 92% from the March quarter. That is classified as “contra-revenue,” reducing the top line. The company said it expects that figure to be higher in the September quarter, as it pushes to increase supply to meet customer demand.<blockquote>该股承压的原因之一是Lyft向司机支付的奖励金快速增长，以此作为增加供应的一种方式。在昨晚与华尔街举行的财报电话会议上，Lyft表示，该季度支付了超过3.75亿美元的司机奖励，比3月份季度增长了92%。这被归类为“反收入”，减少了营收。该公司表示，预计这一数字在9月份季度将会更高，因为它正在努力增加供应以满足客户需求。</blockquote> On the call, Lyft projected third-quarter revenue of $850 million to $860 million, up between 70% and 72%, but a little shy of the old Street consensus forecast of $864 million. The company sees third-quarter adjusted Ebitda in the $25 million to $35 million range, which would be up from about $8 million in the June quarter when backing out the aforementioned one-time gains. The company said the forecast reflects about a $30 million to $40 million reduction to reflect reduced ride prices.<blockquote>在看涨期权，Lyft预计第三季度营收为8.5亿美元至8.6亿美元，增长70%至72%，但略低于老街普遍预测的8.64亿美元。该公司预计第三季度调整后Ebitda在2500万美元至3500万美元之间，如果剔除上述一次性收益，这一数字将高于6月份季度的约800万美元。该公司表示，这一预测反映了约3000万至4000万美元的减少，以反映乘车价格的降低。</blockquote> Analyst reaction to the quarter was mixed.<blockquote>分析师对本季度的反应不一。</blockquote> Gordon Haskett analyst Robert Mollins, who has a Hold rating and $62 target on the stock, writes in a research note that Lyft is making “solid progress on the driver supply side,” but that the commentary around spending incremental dollars on driver supply “puts a damper” on the outlook. As Mollins notes, the company said it would invest any incremental revenue dollars above guidance into driver supply programs.<blockquote>Gordon Haskett分析师Robert Mollins对该股给予持有评级，目标价为62美元，他在一份研究报告中写道，Lyft正在“在司机供应方面取得坚实进展”，但围绕在司机供应上增加资金的评论“给前景带来了阻碍”。正如莫林斯指出的那样，该公司表示将把任何高于指导的增量收入投资到司机供应计划中。</blockquote> Needham analyst Bernie McTernan was one of several analysts who suggested that driver supply could get a boost in early September as supplemental unemployment benefits come to an end. Meanwhile, he notes, “there is still a driver supply imbalance,” with Lyft taking on the burden of investing in both sides of the market—boosting driver pay while holding the line on ride pricing. McTernan keeps his Hold rating on the stock, and finds that there are “more compelling growth opportunities elsewhere in the U.S. mobility market,” an obvious reference to Uber.<blockquote>Needham分析师伯尼·麦克特南(Bernie McTernan)是几位分析师之一，他们表示，随着补充失业救济金的结束，司机供应可能会在9月初得到提振。与此同时，他指出，“司机供应仍然不平衡”，Lyft承担了投资市场双方的负担——提高司机工资，同时保持乘车定价。麦克特南维持对该股的持有评级，并发现“美国移动市场的其他地方存在更引人注目的增长机会”，这显然是指优步。</blockquote> MKM Partners analyst Rohit Kulkarni makes a similar point: Lyft has become “an increasingly attractive and tactical play on mass vaccinations and summer travel,” but he prefers Uber. The latter offers both lower valuation and a more diversified bet, with a broader international exposure as well as a food delivery arm, he writes. Making the same point, Atlantic Equities analyst James Cordwell says while results and guidance topped expectations, he’s keeping a Neutral rating on Lyft shares, “given the richer valuation versus Uber.”<blockquote>MKM Partners分析师Rohit Kulkarni也提出了类似的观点：Lyft已经成为“在大规模疫苗接种和夏季旅行方面越来越有吸引力的战术性游戏”，但他更喜欢Uber。他写道，后者提供了更低的估值和更多元化的投资，拥有更广泛的国际业务以及食品配送部门。Atlantic Equities分析师James Cordwell也表达了同样的观点，他表示，虽然业绩和指引超出了预期，但“鉴于其估值高于Uber”，他仍维持对Lyft股票的中性评级。</blockquote> Evercore ISI analyst Mark Mahaney, however, away from the results incrementally more positive, repeating his Outperform rating, while adjusting his price target to $76 from $77. But he also notes that challenges remain, with ride availability, wait times, and ride pricing still not optimal.<blockquote>然而，Evercore ISI分析师马克·马哈尼(Mark Mahaney)对业绩的看法逐渐乐观，重申了跑赢大盘的评级，同时将目标价从77美元调整至76美元。但他也指出，挑战依然存在，乘车可用性、等待时间和乘车价格仍然不是最佳的。</blockquote> “Lyft will have to lean aggressively into driver incentives for another quarter or two to rebalance the marketplace,” until vaccines more fully roll out, reopenings unfold, and demand normalizes for work and school commutes and airport trips, he writes. But he adds: “Lyft is proving it can do this while breaking through to sustained Ebitda profitability.”<blockquote>他写道，“Lyft将不得不在接下来的一两个季度内积极支持司机激励措施，以重新平衡市场”，直到疫苗更全面推广、重新开放以及工作、学校通勤和机场旅行的需求正常化。但他补充道：“Lyft正在证明它可以做到这一点，同时突破持续的Ebitda盈利能力。”</blockquote> <img src=\"https://static.tigerbbs.com/f086685c8c0bc7b6cef8c2a82ecba26d\" tg-width=\"837\" tg-height=\"558\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1008c1dc669a502cc56cd02c87357f26\" tg-width=\"359\" tg-height=\"124\" referrerpolicy=\"no-referrer\"><blockquote></blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://www.marketwatch.com/articles/lyft-uber-stock-earnings-51628090550?mod=mw_latestnews\">Barron's</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc."},"source_url":"https://www.marketwatch.com/articles/lyft-uber-stock-earnings-51628090550?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103174591","content_text":"(Aug 4) Lyftstock tumbled Wednesday despite itsbetter-than-expected June quarter results, as investors focused instead on disappointment with the third-quarter outlook and the company’s increasing costs for driver incentives.\nIn late trading Tuesday, Lyft shares rallied after the ride-sharing company disclosed that it reached profitability one quarter sooner than expected—as measured by adjusted Ebitda, or earnings before interest, taxes, depreciation, and amortization.\nBut on Wednesday, the stock dived 8.6% to $50.59.Uber Technologies(UBER), which reports results after the close on Wednesday, fell down 2.6% to $41.68.\nLyft (ticker: LYFT) posted second-quarter revenue of $765 million, up 125% from a year ago, and well ahead of the Street consensus at $696 million. Profit based on adjusted Ebitda (earnings before interest, taxes, depreciation and amortization) was $23.8 million, including about $16 million in one-time gains.\nActive riders (people who took at least one ride in the period) reached 17.1 million, up 97% from a year ago, and up 27% from the March quarter. Revenue per active rider was $44.63, up 14% from a year ago, but down slightly from $45.13 in the March quarter.\nOne reason for the pressure on the stock is rapid growth in Lyft’s incentive payments to drivers as a way to boost supply.On last night’s earnings conference call with the Street, Lyft said it paid more than $375 million in driver incentives in the quarter, up 92% from the March quarter. That is classified as “contra-revenue,” reducing the top line. The company said it expects that figure to be higher in the September quarter, as it pushes to increase supply to meet customer demand.\nOn the call, Lyft projected third-quarter revenue of $850 million to $860 million, up between 70% and 72%, but a little shy of the old Street consensus forecast of $864 million. The company sees third-quarter adjusted Ebitda in the $25 million to $35 million range, which would be up from about $8 million in the June quarter when backing out the aforementioned one-time gains. The company said the forecast reflects about a $30 million to $40 million reduction to reflect reduced ride prices.\nAnalyst reaction to the quarter was mixed.\nGordon Haskett analyst Robert Mollins, who has a Hold rating and $62 target on the stock, writes in a research note that Lyft is making “solid progress on the driver supply side,” but that the commentary around spending incremental dollars on driver supply “puts a damper” on the outlook. As Mollins notes, the company said it would invest any incremental revenue dollars above guidance into driver supply programs.\nNeedham analyst Bernie McTernan was one of several analysts who suggested that driver supply could get a boost in early September as supplemental unemployment benefits come to an end. Meanwhile, he notes, “there is still a driver supply imbalance,” with Lyft taking on the burden of investing in both sides of the market—boosting driver pay while holding the line on ride pricing. McTernan keeps his Hold rating on the stock, and finds that there are “more compelling growth opportunities elsewhere in the U.S. mobility market,” an obvious reference to Uber.\nMKM Partners analyst Rohit Kulkarni makes a similar point: Lyft has become “an increasingly attractive and tactical play on mass vaccinations and summer travel,” but he prefers Uber. The latter offers both lower valuation and a more diversified bet, with a broader international exposure as well as a food delivery arm, he writes. Making the same point, Atlantic Equities analyst James Cordwell says while results and guidance topped expectations, he’s keeping a Neutral rating on Lyft shares, “given the richer valuation versus Uber.”\nEvercore ISI analyst Mark Mahaney, however, away from the results incrementally more positive, repeating his Outperform rating, while adjusting his price target to $76 from $77. But he also notes that challenges remain, with ride availability, wait times, and ride pricing still not optimal.\n“Lyft will have to lean aggressively into driver incentives for another quarter or two to rebalance the marketplace,” until vaccines more fully roll out, reopenings unfold, and demand normalizes for work and school commutes and airport trips, he writes. But he adds: “Lyft is proving it can do this while breaking through to sustained Ebitda profitability.”","news_type":1,"symbols_score_info":{"LYFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2557,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":15,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/890113967"}