Is Lyft, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Lyft, Inc. has moved from expensive to fair. This suggests that the stock is currently fairly valued. Key valuation ratios include a P/E ratio of 65, an EV to EBITDA of 38.89, and a PEG ratio of 0.25, indicating a potential for growth relative to its price. In comparison, peers such as Vontier Corp. have a P/E of 15.89 and an EV to EBITDA of 11.87, while Bristow Group, Inc. shows a P/E of 9.82 and an EV to EBITDA of 7.87, highlighting that Lyft's valuation remains higher than these competitors.
In terms of recent performance, Lyft has shown a year-to-date return of 51.40%, significantly outperforming the S&P 500's return of 13.30% over the same period, although it has lagged behind the benchmark over the longer three and five-year horizons. This mixed performance underscores the complexities in assessing Lyft's valuation against its growth potential and market conditions.