Lyft, Inc. (LYFT): A Bull Case Theory

 We came across a bullish thesis on Lyft, Inc. on Value investing subreddit by dimabiryuk. In this article, we will summarize the bulls’ thesis on LYFT. Lyft, Inc.'s share was trading at $18.62 as of September 12th. LYFT’s trailing and forward P/E were 80.96 and 16.47 respectively according to Yahoo Finance.

Lyft (LYFT) has seen its stock price decline sharply since its IPO peak of $88, but it has stabilized in the $8–20 range over the past four years. Recently, the company has shown meaningful improvements, turning profitable in the last several quarters while consistently...