Jefferies Maintains Hold Rating on Lyft, Inc.

Stock Market Today, Nov. 9: Grab Holdings Jumps on Record Adjusted EBITDA and Q3 Revenue Beat

Grab Holdings rose 0.88% on Nov. 9, 2026, following strong Q3 earnings with $1.1 billion in revenue (27% YoY growth) and record adjusted EBITDA of $237 million. The company also announced a joint AI infrastructure partnership with SoftBank in Malaysia. However, Grab faced a setback when Taiwan rejected its acquisition of Foodpanda as anticompetitive, though the company received a $60 million breakup fee.

Canaccord Genuity Maintains Hold on Lyft, Raises Price Target to $17

Scotiabank Maintains Sector Perform on Lyft, Lowers Price Target to $16

Truist Securities Maintains Hold on Lyft, Raises Price Target to $18

Lyft to Expand Fleet Size in Nashville

Lyft announced plans to significantly increase its fleet size in Nashville before the end of the year.

Lyft Reports Q3 2026 Financial Results

Lyft reported a Q3 loss of $0.03 per share on revenue of $1.82 billion, missing analyst expectations.