Lamar Advertising Company Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for LAMR stock have an average target of 132.4, with a low estimate of 121 and a high estimate of 160. The average target predicts an increase of 3.81% from the current stock price of 127.54.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$121	$132.4	$124	$160
Change	-5.13%	+3.81%	-2.78%	+25.45%

Analyst Ratings

The average analyst rating for LAMR stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	1	1	1	1	1	1
Buy	0	0	0	0	0	0
Hold	2	3	3	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	4	4	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lance Vitanza TD Cowen	TD Cowen	Strong Buy Maintains $142 → $160	Strong Buy	Maintains	$142 → $160	+25.45%	Nov 11, 2024
Daniel Osley Wells Fargo	Wells Fargo	Hold Maintains $132 → $124	Hold	Maintains	$132 → $124	-2.78%	Nov 11, 2024
Benjamin Swinburne Morgan Stanley	Morgan Stanley	Hold Maintains $125 → $135	Hold	Maintains	$125 → $135	+5.85%	Nov 11, 2024
Daniel Osley Wells Fargo	Wells Fargo	Hold Initiates $132	Hold	Initiates	$132	+3.50%	Sep 19, 2024
Lance Vitanza TD Cowen	TD Cowen	Strong Buy Maintains $135 → $140	Strong Buy	Maintains	$135 → $140	+9.77%	Aug 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.26B

Revenue Next Year

2.37B

from 2.26B

4.87%

from 2.26B

EPS This Year

5.16

from 4.85

6.30%

from 4.85

EPS Next Year

5.90

from 5.16

14.39%

from 5.16

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	2.26B	2.37B	2.46B
Revenue Growth	7.77%	-10.54%	14.15%	13.72%	3.84%	-	4.87%	3.63%
EPS	3.71	2.41	3.83	4.31	4.85	5.16	5.90	6.42
EPS Growth	20.45%	-35.04%	58.92%	12.53%	12.53%	6.30%	14.39%	8.89%
Forward PE	-	-	-	-	-	24.74	21.63	19.86
No. Analysts	-	-	-	-	-	8	8	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	2.3B	2.5B	2.5B
Avg	2.3B	2.4B	2.5B
Low	2.2B	2.3B	2.4B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	8.9%	7.2%
Avg	-	4.9%	3.6%
Low	-	0.1%	-0.8%

EPS Forecast

EPS	2024	2025	2026
High	5.52	6.38	7.10
Avg	5.16	5.90	6.42
Low	4.80	5.49	5.89

EPS Growth

EPS Growth	2024	2025	2026
High	13.9%	23.8%	20.4%
Avg	6.3%	14.4%	8.9%
Low	-0.9%	6.4%	-0.1%

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.