Lyft has tumbled 16% since its historic stock-market debut. Now it's getting ready to report earnings for the first time as a public company.

Analyst: Dan Ives

Rating: Neutral

Price target: $67 (from $80)

"We had anticipated that LYFT shares would come under pressure as investors we've spoken with had been worried that Uber's S-1 and roadshow could be a dark shadow over Lyft's stock in the near-term," analysts led by Ives wrote in a note to clients last week.

They added: "We continue to favor Uber (IPO pricing next week) over shares of Lyft at current
levels."

The team also took down its first-quarter revenue estimate from $757 million to $743 million, as well as its full-year revenue estimates for 2019 and 2020.

Analyst: Shyam Patil

Rating: Neutral

Price target: $57

Patil likes Lyft's service and growing total addressable market (TAM), but he's wary of the intermediate- and long-term competitive environment.

He's worried "about the competitive dynamics of being the #2 player in a market where scale is extremely important, and switching costs for riders and drivers are relatively low and barriers to entry – while they exist – aren't insurmountable, especially for larger-scaled US and international Internet companies."

For the first-quarter results, he believes the company likely set its expectations "conservatively," and expects the "typical upside to Q1 results."

Analyst: Andy Hargreaves

Rating: Sector-weight

Price target: N/A

"Given the IPO publicity and recent momentum, we expect Lyft to at least meet expectations in the 1Q," analysts led by Hargreaves wrote in a Sunday note to clients.

"Growth in revenue and active riders will be key metrics to watch as we get a feel for the sustainability of growth coming out of significant share gain," they added.