Lyft (LYFT) To Launch Rideshare Service for Teenagers

1 day ago 2

Miko Ilas

Tue, February 3, 2026 astatine 4:56 AM CST 2 min read

Lyft Inc. (NASDAQ:LYFT) is 1 of the most undervalued stocks to bargain and clasp for 5 years. On January 27, Bloomberg reported that Lyft Inc. (NASDAQ:LYFT) is attempting to motorboat a rideshare work for teenagers. Lyft Teen, which mirrors a akin work debuted by rival Uber successful 2023, volition lucifer teenage passengers with highly rated drivers and see respective information features, specified arsenic PIN authentication, audio signaling during trips, and parental supervision of their teen’s ride, among others. Before the anticipated motorboat of Lyft Teen, Lyft Inc. (NASDAQ:LYFT) had prohibited teens from ridesharing connected its level without an accompanying adult, successful opposition to Uber, which had allowed users aged 13-17 to usage its rideshare work implicit the past 3 years.

Lyft (LYFT) To Launch Rideshare Service for Teenagers

Meanwhile, connected January 22, TD Cowen reaffirmed its Buy standing connected Lyft Inc. (NASDAQ:LYFT) and acceptable a $32 terms target, citing projections for double-digit gross and bookings maturation for the institution pursuing its acquisition of Freenow successful July 2025.

Lyft Inc. (NASDAQ:LYFT) operates a peer-to-peer ridesharing marketplace successful the U.S. and Canada. Its level provides a ridesharing marketplace that connects drivers with riders, a car rental programme for drivers, and a web of shared bikes and scooters successful assorted cities to conscionable riders’ needs for abbreviated trips.

While we admit the imaginable of LYFT arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.