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Estimated Fuel Cost Comparison
Comparison of fuel fill-up costs for rideshare drivers before and during the recent energy price spike.
Primary Sources
Lyft: Short Squeeze Potential As Oil Crisis Could Trigger Rideshare ...
HomeStock IdeasLong IdeasIndustrial SummaryLyft offers a compelling GARP opportunity, underpinned by a strong balance sheet, conservative management, and robust free cash flow yield.LYFT's net cash position, rising margins, and partnerships position it favorably versus Uber, especially as oil shocks may drive demand for rideshare services.Record short interest near 20% of outstanding shares creates potential for a sharp short squeeze if sales/income growth on oil-reaction demand accelerates.Valuation is attractive: LYFT trades at 7x forward EBITDA, 7.1x 2027 P/E estimates, and a 20.3% trailing free cash flow yield, beating all peers.Hispanolistic/E+ via Getty Images One industry that may benefit as a side effect of the Iran War oil/gas spike is the rideshare group. If gasoline prices spiral above $5-6 over the next few months, while used car prices and auto27.64K FollowersAnalyst’s Disclosure: I/we have a beneficial long position in the shares of LYFT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. This writing is for educational and informational purposes only. All opinions expressed herein are not investment recommendations and are not meant to be relied upon in investment decisions. The author is not acting in an investment advisor capacity and is not a registered investment advisor. The author recommends investors consult a qualified investment advisor before making any trade. Any projections, market outlooks, or estimates herein are forward-looking statements based upon certain assumptions that should not be construed as indicative of actual events that will occur. This article is not an investment research report but an opinion written at a point in time. The author's opinions expressed herein address only a small cross-section of data related to an investment in securities mentioned. Any analysis presented is based on incomplete information and is limited in scope and accuracy. The information and data in this article are obtained from sources believed to be reliable, but their accuracy and completeness are not guaranteed. The author expressly disclaims all liability for errors and omissions in the service and for the use or interpretation by others of information contained herein. Any and all opinions, estimates...
Uber, Lyft Driver: Gas Prices Are Affecting Which Trips I Take ...
I'm an ex-Wall Street trader who drives for Uber and Lyft. Gas prices have me rethinking which trips I take. As told to Alex Bitter You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Bill Lewis worked on Wall Street before becoming a full-time ride-hailing driver. Bill Lewis 2026-04-18T09:49:01.241Z High gas prices due to the war in Iran are hitting many ride-hailing drivers' bottom lines. One driver for Uber and Lyft said he's rethinking which trips he takes because of gas prices. Long trips to remote places look less attractive, Bill Lewis said. This as-told-to essay is based on a conversation with Bill Lewis, a ride-hailing driver who lives in Pennsylvania. The interview has been edited for length and clarity. I live in the Poconos. I used to commute to New York City from here. I was a trader on stock exchanges for 25 years.I started as a clerk and worked my way up. When the algorithms took over the floor, they laid us off. Now, I'm dealing with algorithms again as a driver.I drive for Uber and Lyft absolutely full time — seven days a week, about 75 hours a week. People from out of town need rides, especially on weekends during the summer, but for the most part, I'm taking the same people to work each day.I take between 22 and 28 rides a day. Sometimes, I do long rides to the Allentown airport, but for the most part, I'm within 25 miles of my house every day. Gas is always a huge expense for me. I drive a Prius, but I still fill up six to seven times a week. Before the war in Iran started, a fill-up cost me about $22. Today, it cost me $31 for the same exact tank.I've changed my driving habits to try to save money.Some of my rides take me far out of town to remote places where I might not get a ride back toward home. Now, those trips aren't worth it, because it's going to cost me more in gas to get back into town and claim another ride.I've also started taking back roads when I can. The highway might be four or five minutes quicker, but in my area, taking smaller roads is often more direct and saves miles. If I can save on gas, that adds up after a while.I hope the ride-hailing apps add a gas surcharge to help drivers cover higher costs. That's what they did four years ago when gas prices went up after Russia invaded Ukraine — they charged passengers an extra $0.45 to $0.55 cents per ride. There's not a customer I know who wouldn't understand if the companies did that again.Some weeks, I'd probabl...
What is the current Price Target and Forecast for Lyft (LYFT)
The forecasts for Lyft, Inc. (LYFT) range from a low of $13 to a high of $30. The average price target represents a increase of $36.75 from the last closing price of $14.72.
Individual investors' impact on Wall Street grows - The Pantagraph
From dabblers to day traders, individual investors' impact on Wall Street grows ALEX VEIGA AP Business Writer Feb 25, 2026 Updated 23 hrs ago 0
