11 Best Transportation Stocks to Buy According to Wall Street Analysts

4. Lyft, Inc. (NASDAQ:LYFT)

Analyst Upside: 36.20%

Number of Hedge Fund Holders: 51

Lyft, Inc. (NASDAQ:LYFT) is one of the best transportation stocks to buy according to Wall Street analysts. JPMorgan reaffirmed a Hold rating on Lyft, Inc. (NASDAQ:LYFT) on February 13, setting a price target of $19. Lyft, Inc. (NASDAQ:LYFT) also received a rating update from Susquehanna on February 12, with the firm lowering the price target on the stock to $15 from $24 while maintaining a Neutral rating on the shares. The firm told investors that it believes the company reported a noisy fiscal Q4 and outlook, and that the risk/reward is balanced at current levels.

The same day, Mizuho also cut the price target on Lyft, Inc. (NASDAQ:LYFT) to $16 from $27 and reiterated a Neutral rating on the shares. According to the firm, the shares are “likely to struggle to work near-term”. It added that with the California-driven acceleration slipping to the second half of the year, there is risk that the autonomous vehicle threat “subsumes the acceleration bull case” for Lyft, Inc. (NASDAQ:LYFT).

Lyft, Inc. (NASDAQ:LYFT) announced record fiscal Q5 and full-year 2025 results on February 10, with gross bookings in fiscal Q4 reaching $5.1 billion, up 19% year-over-year. Revenue for the quarter was $1.6 billion, up 3% year over year, which includes a $168 million impact from certain legal, tax, and regulatory reserve changes and settlements. Management reported that revenue would have been $1.8 billion without this item. Revenue for the full year 2025 was $6.3 billion, up 9% year over year, while gross bookings reached $18.5 billion, up 15% year over year.

Lyft, Inc. (NASDAQ:LYFT) provides and manages an online social ride-sharing community platform that offers users access to a nexus of shared rides, scooters, and bikes. The company also offers information about neighboring public transit routes and a view of transportation options when planning a trip through Lyft Rentals.