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Shares jumped 28% on Friday, but Lyft still has a lot of growth ahead and could 10x through expansions in autonomy and simple multiple expansion.
Lyft (LYFT -3.85%) stock jumped 28% on Friday after an earnings report that shouldn't have been a big surprise for investors. But the company continues to grow and announced an aggressive buyback plan that could help shares. What long-term investors don't want to miss is the 10x opportunity in autonomy, which Travis Hoium highlights in this video.
*Stock prices used were end-of-day prices of May 9, 2025. The video was published on May 10, 2025.
Travis Hoium has positions in Lyft, Mobileye Global, and Uber Technologies. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool recommends Mobileye Global. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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