Latest news with #Rideshare
Yahoo
06-08-2025
- Business
- Yahoo
Zacks Investment Ideas feature highlights: UBER, LYFT, DASH, GOOGL, TSLA, BIDU, LCID, SERV and MBLY
For Immediate Release Chicago, IL – August 5, 2025 – Today, Zacks Investment Ideas feature highlights Uber Technologies UBER, Lyft LYFT, DoorDash DASH, Alphabet GOOGL, Tesla TSLA, Baidu BIDU, Lucid LCID, Serve SERV and Mobileye MBLY. Navigating the Robotaxi Revolution: UBER & LYFT EPS Preview Rideshare Wars: Uber & Lyft EPS Preview Zacks Rank #3 (Hold) stock Uber Technologies and Zacks Rank #4 (Sell) stock Lyft dominate the American rideshare market. Together, UBER and LYFT have become ubiquitous with ride-sharing, with customers often using 'Uber' or 'Lyft' as a verb. Currently, Uber dominates the ride-share market, owning roughly three quarters of the ride-share market, and has expanded into the food delivery business (Uber Eats) to compete with DoorDash. Meanwhile, Lyft mainly focuses on ridesharing but has expanded into bike and scooter rentals. UBER & LYFT Important Earnings Information UBER EPS Info: UBER Earnings Date: UBER will report earnings on Wednesday, August 6th, before the market opens. · Earnings Per Share (EPS): The Zacks Consensus Estimate for EPS is set at $0.62, which would represent a significant increase of over 31% compared to the $0.47 reported in the same quarter last year. · Revenue: Analysts are forecasting revenue of approximately $12.46 billion, suggesting a year-over-year increase of over 16% from the $10.7 billion in Q2 2024. · Gross Bookings: The company's own guidance for the quarter projects Gross Bookings in the range of $45.75 billion to $47.25 billion, which would indicate a strong growth of 16-20% on a constant-currency basis. · Implied Earnings Move (based on options): +/- 7.8% · UBER Earnings Surprise History: Uber has surpassed Zacks Consensus Analyst Estimates in four of the past five quarters. Over the past four quarters, UBER has gained momentum and has smashed Wall Street estimates by an average of 212.26%. LYFT EPS Info: · LYFT Earnings Date: Lyft will report earnings after the market close on Wednesday, August 6th. · Earnings Per Share (EPS): Zacks Consensus Estimates predict EPS of $0.27. This compares favorably to the $0.03 reported in the same quarter last year. Wall Street's wide range of estimates suggests a variety of opinions on the company's profitability. · Revenue: The consensus revenue forecast is approximately $1.61 billion. If achieved, this would represent a notable year-over-year increase from the $1.44 billion reported in Q2 2024. · Implied Earnings Move (based on options): +/- 14.2% · LYFT Earnings Surprise History: LYFT has beaten Zacks Consensus Analyst Estimates in eight of the past nine quarters. Over the past four quarters, LYFT has beat estimates by an average of 24.19%. Uber/Lyft Stock Performance UBER has performed far better than LYFT in 2025, gaining 44.1% compared to LYFT's 5.6%. The Big Question: Will the Rideshare Incumbents Benefit from the Robotaxi Revolution? The robotaxi revolution is here, with Alphabet's 'Waymo' already operating its fully autonomous ride-hailing services in five cities. Meanwhile, Tesla has launched a limited robotaxi rollout in Austin, Texas, with plans to extend it to the Bay Area and possibly Arizona. Depending on who you ask, robotaxis are either a threat or an opportunity for the two ride-sharing incumbents. Uber Robotaxi Plan: Rather than building the robotaxis themselves, Uber is forging partnerships with robotaxi leaders like Waymo and Baidu. Additionally, Uber has inked partnerships with Lucid and Nuro to deploy 20,0000 new robotaxis by 2032. Finally, Uber has a partnership with Serve, using its small autonomous robots to deliver food for its Uber Eats service. Lyft Robotaxi Plan: Like Uber,Lyft is going for an 'asset light' model to save money on building its own robotaxis. Lyft has a partnership with Mobileye to provide autonomous ride-hailing services. Other things to watch: A primary driver for Lyft will be to see if the company can maintain the profitability achieved in Q1 with its 'growth with discipline' strategy. Additionally, investors will want to know how the company's European expansion is going thus far. Given UBER's more aggressive approach in the robotaxi market, the primary focus will be on how the robotaxi revolution is impacting the business. Bottom Line Uber and Lyft will each report earnings this week. Investors will be focused on how each company is navigating the emergence of robotaxi vehicles. Free: Instant Access to Zacks' Market-Crushing Strategies Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can tap into those powerful strategies – and the high-potential stocks they uncover – free. No strings attached. Get all the details here >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Baidu, Inc. (BIDU) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Mobileye Global Inc. (MBLY) : Free Stock Analysis Report Serve Robotics Inc. (SERV) : Free Stock Analysis Report Lyft, Inc. (LYFT) : Free Stock Analysis Report Uber Technologies, Inc. (UBER) : Free Stock Analysis Report DoorDash, Inc. (DASH) : Free Stock Analysis Report Lucid Group, Inc. (LCID) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-04-2025
- Yahoo
Ride for free with Pierce Transit this Earth Day
Pierce Transit will offer fare-free rides on Tuesday, April 22, in support of Earth Day. The transit service is celebrating Earth Day as an annual celebration that honors the achievements of the environmental movement and raises awareness of the need to protect Earth's natural resources for future generations. The free rides are valid for all regularly-scheduled Pierce Transit bus service, SHUTTLE rides, and Runner on-demand service. 'Pierce Transit plays a key role in reducing the number of single-occupant vehicles on the road and the pollution they generate,' stated the press release. 'Each year, Pierce Transit customers skip millions of car trips, taking buses, paratransit, Rideshare or Runner rides instead. Pierce Transit's commitment to sustainability is reflected throughout the planning, design, construction and operation of its system. Most Pierce Transit buses run on compressed natural gas (CNG); its fleet has utilized renewable natural gas since November 2023. There are also 9 battery electric buses in the fleet. Pierce Transit's bus wash that opened for use in June 2023 recycles wash water, minimizing wastewater by up to 90% per wash.' Pierce Transit added that they are committed to providing safe, accessible and sustainable transportation for everyone in their service area. Information on routes, schedules and trip planning can be found online at
Yahoo
14-04-2025
- Yahoo
DC POLICE CAR SHOT AT WITH OFFICER INSIDE
WASHINGTON, D.C. - At approximately 8:09 p.m. on Saturday night, multiple gunshots struck an unmarked MPD police car, which was occupied at the time by an MPD member in an alley to the rear of the 900 block of Savannah Street, Southeast. The MPD officer was not injured and there were no other injuries in the area. Detectives are now searching for two suspects, described as juvenile males, who fled the area on Rideshare bikes. No arrests have been made at this time.
Los Angeles Times
04-04-2025
- Entertainment
- Los Angeles Times
Creativity in bloom at Sawdust Art Festival's Spring Fling
The Sawdust Art Festival will open its doors to members of the public looking to satisfy their creative cravings this weekend with a Spring Fling show. Beginning Friday and ending Sunday, the grounds will once again come to life with the sights and sounds that attendees have come to know, from artists working in their booths to musical performances throughout the day. The festival features work from more than 150 artists. Patrons have the opportunity to shop for gifts and add original art to their own collection. 'This is our first real go of having a Spring Fling,' said Michelle Burt, a festival exhibitor who is chairing the weekend's show. 'It's a wonderful opportunity between our Winter Fantasy show and our summer show because that's a down time for our grounds, for our artists, and for anything that we're doing in the community. 'It's been a really lovely opportunity to come up with something new because the summer show has its own vibe, the Winter Fantasy, obviously, has its own theme and decor and offerings and different artists. To have the spring show has just been a magical time because of the opportunity that it's going to give to artists and the community.' Live art demonstrations are coupled with free artist-led classes in a variety of mediums, including mixed media, painting and sculpture. The interactive experience begins at the front door, with new additions in the town square, including an 18-foot spring floral mural, a community tile wall, a floral structure and a selfie palette painted by Burt. Attendees will have the opportunity to create spring-themed tiles and participate in a flower-making station to put their personal touch on some of the activities Burt said. The play house, which has doubled as Santa's workshop in the winter show, has also been transformed with floral art by exhibitor Kate Cleaves. The musical acts will perform on three separate stages daily. Kelly Fitzgerald, the Salty Suites, and Jason Feddy are scheduled for Friday. Entertainment lined up for Saturday includes Rideshare, Local Remedy and Pilot Touhill. Closing out the show on Sunday will be Zach Churchill, the Amanda Castro Band and Selly & the Strays. Tickets for Spring Fling are $12 for general admission, $10 for seniors, and $5 for children between the ages of 6 to 12 years old. Children who are 5 years old and younger get in free. The Sawdust Art Festival is located at 935 Laguna Canyon Road. For more information, visit
