Why Jefferies Raised Its Lyft Price Target to $90

The video discusses the revenue growth of Lyft and Uber, highlighting their duopoly in the US market. It addresses the companies' efforts to improve contribution margins and achieve profitability within three years. Misconceptions about their financial losses are explored, emphasizing the complexity of building their networks. The potential for market expansion and the integration of autonomous vehicles, like Google Waymo, into Lyft's network is also discussed.

What is the main focus of the first section regarding Lyft and Uber?

• Employee benefits

• Customer satisfaction

• Revenue growth and market position

• Their marketing strategies

What is a common misconception about ride-sharing companies like Lyft and Uber?

• They will always be profitable

• They are easy to replicate

• They will continue to lose money

• They have no competition

How much has Lyft invested in R&D for its network?

• $800 million

• $700 million

• $600 million

• $500 million

What technological advancement is being integrated into the Lyft network?

• Blockchain technology

• Electric vehicles

• Autonomous cars

• Flying taxis

What is the estimated market size for ride-sharing in the US?

• Over $3 trillion

• Over $500 billion

• Over $1 trillion

• Over $2 trillion