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Wajeeh Khan

Is Lyft Stock a Buy Now on Its Baidu Self-Driving Partnership?

Lyft Baidu Nasdaq TD Cowen

Lyft (LYFT) shares are inching up on Monday after announcing a strategic partnership with Baidu (BIDU) aimed at launching robotaxi services in Europe in 2026. The ride-hailing firm will begin its regional driverless taxi operations first in the UK and Germany only, with plans of growing across the continent over time. 

Including today’s gain, LYFT stock is up roughly 45% versus its year-to-date low on April 8.  

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