LYFT: The Hidden Gem in My October Top 3 PicksAs 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.
🔸 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.)
