Lyft price target cut to $15 by Truist due to winter storms, Freenow impact, and rising fuel costs.

Truist analyst Youssef Squali lowered Lyft's price target from $18 to $15, maintaining a Hold rating. The downgrade reflects challenges including winter storm disruptions, integration effects from the Freenow acquisition, and rising fuel costs impacting margins. Despite strong operational growth in Q4 2025, including record active riders and increased gross bookings, Lyft missed revenue estimates partly due to legal and regulatory costs. The stock has fallen 31% in 2026, and Truist's cautious outlook highlights near-term margin pressures rather than fundamental business issues. Investors should watch Q1 2026 results and cost trends for signs of recovery or continued pressure.