Lyft presents 2027 financial targets with 15% annual growth in gross bookings and 4% adjusted EBITDA margin.

Lyft shares rose after the company presented 2027 financial targets, including a 15% annual growth rate in gross bookings and a 4% adjusted EBITDA margin. The company also anticipates annual free cash flow conversion of over 90% between 2025 and 2027. Lyft's inaugural investor day featured presentations from CEO David Risher, CFO Erin Brewer, and other executives, who discussed the company's plans for profitable growth.