We came across a bullish thesis on Lyft, Inc. on High Growth Investing’s Substack by Stefan Waldhauser. In this article, we will summarize the bulls’ thesis on LYFT. Lyft, Inc.'s share was trading at $14.53 as of June 20th. LYFT’s trailing and forward P/E ratios were 96.93 and 19.92, respectively, according to Yahoo Finance.
[caption id="attachment_571542" align="aligncenter" width="750"]Lyft’s stock, long overlooked after an 80% decline since its 2019 IPO, is now emerging as a compelling turnaround story driven by strong execution...
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