Lyft: Buy the Dip as Fundamentals and Cash Flow Back a Recovery
Lyft is oversold after a revenue miss but is generating strong adjusted EBITDA and free cash flow. At a market cap of roughly $5.7B and free cash flow north of $1.0B, the setup favors a tactical long while bookings and margin expansion reassert themselves. Technicals are stretched, which creates a defined risk-reward for a swing trade.