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Posted by
Two Blokes April 22, 2025 -
Filed in
Stock
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14 views
Lyft's fundamentals remain strong with U.S. ride pricing recovering and Q1 2025 DAUs growing 5% YoY, suggesting stable revenue outlook. The $200 million Freenow acquisition doubles Lyft's addressable market in Europe, adding €1 billion in annual bookings, but buybacks might have been more accretive. I project Lyft to generate $1.5 billion in free cash flow by 2027, making its current valuation of 3x 2027 FCF highly attractive.
