Lyft, Inc.
Long

LYFT: The Hidden Gem in My October Top 3 Picks

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As I’ve mentioned in my recent videos, LYFT is one of my top 3 priority stocks for October — and for good reason.
The fundamentals have exploded while the price is still lagging far behind.

🔸 Fundamentals

EPS growth has been massive.

– In March, EPS was up +128% YoY,
– and by June, it jumped to +234% YoY.

EPS has finally moved into positive territory, which is a strong signal.

Revenue continues to rise steadily, and EPS literally took off while the price hasn’t followed yet.
To put it in perspective — when LYFT traded around $60, EPS was negative.
Now, EPS is many times higher, but the stock still trades far below those levels.

Even emission has stopped increasing (we saw –0.25% in June 2025), and the forward P/E is only 15.3,
which is extremely low for this kind of EPS acceleration.

In short: LYFT looks deeply undervalued from a fundamental standpoint.

istantanea

🔸 Technical Picture

Technically, LYFT has just closed a local gap, exactly as expected.
We are currently finishing the fourth sub-wave of the third global wave.
This means the fifth wave is coming next, and the current target around $70 represents only the peak of the third sub-wave — there is still additional upside expected beyond $70.

In the short term, we could see a retest around $18,
followed by the next major move — closing the May 2022 gap near $30, forming the third wave of this cycle.

After that, some consolidation is likely in the $20–30 range,
followed by the next impulse targeting $50–70.
This will be the fourth wave pullback, eventually leading into the fifth wave breakout above $70,
with potential for even higher upside as the global third wave continues.

Summary

Overall, LYFT shows a perfect mix of improving fundamentals and bullish technical structure.
As I’ve said in my latest videos, this stock could take off soon
and it remains one of my Top 3 picks for October.

Call to Action

If you enjoy this type of analysis or would like me to review other tickers, tap on rocket 🚀 and leave a ticker in the comments.
I’ll make sure to cover your suggestions in upcoming posts soon!

(Full breakdown and context discussed in my recent videos — you can find them via my profile.)

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