Lithia Motors, Inc. (LAD)
NYSE: LAD · IEX Real-Time Price · USD
260.98
+3.18 (1.23%)
Jul 26, 2024, 4:00 PM EDT - Market closed
Lithia Motors Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Lithia Motors stock have an average target of 314.45, with a low estimate of 230 and a high estimate of 400. The average target predicts an increase of 20.49% from the current stock price of 260.98.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Lithia Motors stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 4 | 4 | 4 | 5 | 4 | 4 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 11 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $320 → $330 | Strong Buy | Maintains | $320 → $330 | +26.45% | Jul 22, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $270 → $280 | Hold → Buy | Upgrades | $270 → $280 | +7.29% | Jun 10, 2024 |
| Guggenheim | Guggenheim | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | May 17, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $285 → $270 | Hold | Maintains | $285 → $270 | +3.46% | May 2, 2024 |
| Citigroup | Citigroup | Hold Maintains $320 → $280 | Hold | Maintains | $320 → $280 | +7.29% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
36.82B
from 31.04B
Increased by 18.62%
Revenue Next Year
40.20B
from 36.82B
Increased by 9.18%
EPS This Year
28.28
from 36.29
Decreased by -22.07%
EPS Next Year
33.91
from 28.28
Increased by 19.90%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.6B | 48.0B | 56.8B | 58.6B | 61.9B |
| Avg | 36.8B | 40.2B | 45.0B | 46.2B | 48.0B |
| Low | 34.2B | 34.9B | 38.0B | 39.8B | 40.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.4% | 30.4% | 41.3% | 30.1% | 34.0% |
| Avg | 18.6% | 9.2% | 12.0% | 2.5% | 4.0% |
| Low | 10.3% | -5.3% | -5.6% | -11.7% | -12.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.52 | 42.26 | 52.48 | 56.98 | 63.75 |
| Avg | 28.28 | 33.91 | 43.35 | 46.81 | 51.27 |
| Low | 25.12 | 27.10 | 30.97 | 30.63 | 31.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -13.1% | 49.4% | 54.8% | 31.5% | 36.2% |
| Avg | -22.1% | 19.9% | 27.8% | 8.0% | 9.5% |
| Low | -30.8% | -4.2% | -8.7% | -29.3% | -33.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.