{"id":45128,"date":"2026-02-11T00:11:34","date_gmt":"2026-02-11T00:11:34","guid":{"rendered":"https:\/\/agooka.com\/news\/usa\/lyfts-stock-plummets-16-as-a-disappointing-quarter-presents-a-setback-for-its-comeback-story\/"},"modified":"2026-02-11T00:11:34","modified_gmt":"2026-02-11T00:11:34","slug":"lyfts-stock-plummets-16-as-a-disappointing-quarter-presents-a-setback-for-its-comeback-story","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/usa\/lyfts-stock-plummets-16-as-a-disappointing-quarter-presents-a-setback-for-its-comeback-story\/","title":{"rendered":"Lyft&#8217;s stock plummets 16% as a disappointing quarter presents a setback for its comeback story"},"content":{"rendered":"<figure><img decoding=\"async\" src=\"https:\/\/i.insider.com\/698bb51cd3c7faef0ece08b6?format=jpeg\" alt=\"A Lyft rental bike is seen from its rear wheel as a user rides another bike in a bike lane in the background\"\/><figcaption>Lyft&#039;s fourth-quarter results sent its stock 16% lower in after-hours trading on Tuesday.<\/p>\n<p>Justin Sullivan\/Getty Images<\/p>\n<\/figcaption><\/figure>\n<ul>\n<li>Lyft&#039;s stock sank 16% after the company reported its fourth-quarter results on Tuesday.<\/li>\n<li>The ride-hailing service also reported an unexpected operating loss for 2025.<\/li>\n<li>Ride-hailing service Lyft said it faced more price competition on rides during the period.<\/li>\n<\/ul>\n<p>Lyft is down.<\/p>\n<p>The ride-hailing company&#039;s stock dipped 16% in after-hours trading on Tuesday after it reported fourth-quarter earnings and a 2026 outlook that fell short of expectations.<\/p>\n<p>Lyft&#039;s revenue rose 3% to $1.59 billion during the quarter, below the $1.76 billion that analysts expected. Its guidance for the first quarter also missed the mark as it said it expects adjusted earnings before interest, taxes, depreciation, and amortization, a measure of profit,of between $120 million and $140 million.<\/p>\n<p>The company also reported a surprise operating loss of $188.4 million for 2025.<\/p>\n<p>Lyft saw an &quot;unexpected&quot; increase in competitors&#039; price promotions that weighed on its quarterly results, CEO David Risher said on an earnings call.<\/p>\n<p>&quot;During a season of heightened competitive promotions, we prioritized the most durable, profitable demand in the marketplace,&quot; the company said in commentary released with its results.<\/p>\n<p>The results complicate Lyft&#039;s turnaround story. Since Risher became CEO in 2023, Lyft has cut costs and introduced new products for riders, including a price-lock feature for commuters. Lyft&#039;s stock is up about 11% over the past year.<\/p>\n<p>On Tuesday&#039;s earnings call, Risher pointed to Lyft&#039;s growth plans for 2026 and beyond, including adding Black car rides and a service specifically for teens \u2014 both options that rival Uber already offers.<\/p>\n<p>Risher also pointed to robotaxis as an area of expansion. Lyft is working with Waymo to bring self-driving cars to its ride-hailing app in Nashville later this year.<\/p>\n<p>Still, the company faces challenges in the autonomous vehicle market. Asked by an analyst why Lyft hasn&#039;t struck deals with more robotaxi providers, Risher said: &quot;There just aren&#039;t that many suppliers&quot; that can function at the scale Lyft needs.<\/p>\n<p>Risher said he expects robotaxi availability to change over the next few years. &quot;We see a lot of supply coming online&quot; by 2030, he said.<\/p>\n<p><em>Have a tip? Contact this reporter at <\/em><em>abitter@businessinsider.com<\/em><em> or via encrypted messaging app Signal at 808-854-4501. Use a personal email address, a nonwork WiFi network, and a nonwork device;<\/em> <a href=\"https:\/\/www.businessinsider.com\/insider-guide-to-securely-sharing-whistleblower-information-about-powerful-institutions-2021-10\" rel=\"noreferrer\" target=\"_blank\"><em>here&#039;s our guide to sharing information securely<\/em><\/a><em>.<\/em><\/p>\n<p>Read the original article on Business Insider<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lyft&#039;s fourth-quarter results sent its stock 16% lower in after-hours trading on Tuesday. Justin Sullivan\/Getty Images Lyft&#039;s stock sank 16% after the company reported its fourth-quarter results on Tuesday. The ride-hailing service also reported an unexpected operating loss for 2025. Ride-hailing service Lyft said it faced more price competition on rides during the period. Lyft [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":45129,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-45128","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usa"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/45128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=45128"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/45128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/45129"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=45128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=45128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=45128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}