Gary Black evaluates the Lyft year in Lyft with 44 million passengers while the company Mobileye Robotaxis plans by 2026 – the active ETF box in the future (ARCA: FFND), Amazon.com (Nasdaq: Amzn)

Future Fund LLC Administrative partner Gary Black High Lyft Inc.‘s Lift A record year performance on Tuesday, the participation of the CEO David RicharAnnouncement of the service of 44 million passengers across the United States and Canada in 2024.

What happened: The comments came at a time when Lyft was reported by strong results in the fourth quarter, as revenues amounted to 1.6 billion dollars, as analysts’ expectations exceeded $ 1.56 billion. The company has achieved noticeable growth measures, including a 15 % increase on an annual basis in total reservations to $ 4.3 billion and a 10 % increase in active cycles to 24.7 million.

Black, which ETF Future Future Fund FFND He carries Parking in Uber Technologies Inc. Uber But not in Lyft, recently addressed the future of horse riding platforms in the context of autonomous vehicle networks.

He referred to the monthly active users of 170 million monthly, such as the important market feature, and its comparison Amazon.com Inc. ‘A position in e -commerce with Its active user of 310 million months.

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Why do it matterThe scene that goes on riding continues to develop, as many companies offer their independent cars strategies. Lyft is planning to launch Mobileye Global Inc. Mble Robotaxis, which works in Dallas by 2026.

Uber has made a partnership with Alphabet Inc.‘s Googl Goog And emo For a driver’s horse riding, while Tesla Inc. Timing It aims to provide Robotaxi service in Texas and California by 2025.

Risher emphasized the company’s focus on growth, saying: “The year 2025 will be the year when we offer millions of cyclists and drivers: I have now got a better option to rise.” The company recently authorized the shares to purchase $ 500 million and reported 759.32 million dollars in cash and cash rewards at the end of the quarter.

The price of the lyft consensus is $ 17.84 of 36 analysts, with a rise of $ 26 and the lowest level in 10 dollars. The latest categories of Bofa Securities and UBS on average $ 18.67, which means an increase of 45.83 %.

PriceLyft shares closed at $ 14.39 on Tuesday, a decrease of 4.83 %, with a decrease of 11.05 % after hours. During the past year, the shares increased by 16.05 %, according to Benzinga Pro data.

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Disintegration: This content was partially produced with the help of artificial intelligence tools and was reviewed and published by Beenzinga editors.