Lyft Inc. LYFT is gearing up to report its fourth-quarter earnings after the market on Tuesday, with analysts expecting 22 cents per share in earnings and $1.56 billion in revenue.

Investors are watching closely—not just for the numbers, but for signs of what's next as Lyft looks to challenge Uber and Tesla in the autonomous ride-hailing race.

Read Also: Lyft Q4 Earnings Preview: Streak Of Revenue, EPS Beats On The Line After Rival Uber’s Strong Fourth Quarter

Lyft Bulls Are In The Driver's Seat

Lyft stock is on a strong bullish run, trading above its five-day, 20-day, and 50-day exponential moving averages (EMA)—a clear sign of continued buying pressure.

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Lyft stock at $15.12, is comfortably above its eight-day simple moving average (SMA) of $13.97, its 20-day SMA of $13.69, and even its 50-day SMA of $14.37, reinforcing its upward momentum.

The 200-day SMA at $13.94 also sits below the current price, flashing another bullish signal. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator at 0.06 further supports the stock's bullish stance.

However, with a Relative Strength Index (RSI) of 63.12, Lyft is nearing overbought territory—suggesting a potential cooldown or consolidation phase could be on the horizon.

The Robotaxi Race Heats Up

While earnings will dictate the stock's short-term moves, Lyft's long-term trajectory could be shaped by its self-driving ambitions. In a bold move against Uber Technologies Inc's UBER Waymo-powered robotaxis and Tesla Inc's TSLA full self-driving (FSD) ambitions, Lyft has finalized plans to deploy robotaxis powered by Mobileye Global Inc MBLY across Dallas by 2026—with further expansion into other markets.

JPMorgan analyst Samik Chatterjee sees the latest announcement as a meaningful competitive step, providing more clarity on timelines, geography, and its fleet operator partner, Marubeni.

However, one key piece is still missing—an original equipment manufacturer (OEM) partner to supply the vehicles.

Investor Takeaway

With Lyft stock riding a technical uptrend and investors awaiting earnings, the bigger question is whether the company's robotaxi push can drive long-term value.

While the stock's bullish momentum suggests confidence, Wall Street will be watching whether Lyft can deliver the numbers—and a clear roadmap for its autonomous ambitions.

Read Next:

• Lyft Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

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