Lithia Motors, Inc. (LAD)
NYSE: LAD · IEX Real-Time Price · USD
265.48
-2.98 (-1.11%)
May 20, 2024, 1:08 PM EDT - Market open
Lithia Motors Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Lithia Motors stock have an average target of 318.55, with a low estimate of 230 and a high estimate of 400. The average target predicts an increase of 19.99% from the current stock price of 265.48.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 4 | 4 | 4 | 4 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 10 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | +1.70% | May 2, 2024 |
| Citigroup | Citigroup | Hold Maintains $320 → $280 | Hold | Maintains | $320 → $280 | +5.47% | Apr 25, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $350 → $310 | Strong Buy | Maintains | $350 → $310 | +16.77% | Apr 25, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $290 → $248 | Hold | Maintains | $290 → $248 | -6.58% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
36.76B
from 31.04B
Increased by 18.43%
Revenue Next Year
40.63B
from 36.76B
Increased by 10.51%
EPS This Year
35.69
from 36.29
Decreased by -1.66%
EPS Next Year
40.03
from 35.69
Increased by 12.17%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.6B | 47.3B | 55.8B | 58.6B | 61.9B |
| Avg | 36.8B | 40.6B | 46.3B | 46.9B | 48.8B |
| Low | 33.8B | 34.4B | 39.4B | 39.9B | 40.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.7% | 28.6% | 37.3% | 26.4% | 31.8% |
| Avg | 18.4% | 10.5% | 14.1% | 1.3% | 3.9% |
| Low | 8.7% | -6.5% | -2.9% | -13.8% | -14.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 40.16 | 46.17 | 55.64 | 62.17 | 65.96 |
| Avg | 35.69 | 40.03 | 47.52 | 48.48 | 52.26 |
| Low | 31.61 | 34.51 | 40.15 | 30.63 | 31.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.7% | 29.4% | 39.0% | 30.8% | 36.1% |
| Avg | -1.7% | 12.2% | 18.7% | 2.0% | 7.8% |
| Low | -12.9% | -3.3% | 0.3% | -35.6% | -35.9% |
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.