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Lithia Motors (LAD) Stock Forecast & Price Target

$266.94
+7.91 (+3.05%)
(As of 07/12/2024 ET)

Lithia Motors - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$319.45
19.67% Upside
High Forecast$400.00
Average Forecast$319.45
Low Forecast$230.00
TypeCurrent Forecast
7/13/23 to 7/12/24
1 Month Ago
6/13/23 to 6/12/24
3 Months Ago
4/14/23 to 4/13/24
1 Year Ago
7/13/22 to 7/13/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$319.45$319.45$336.90$296.11
Forecasted Upside19.67% Upside15.37% Upside18.07% Upside33.33% Upside
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LAD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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LAD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Lithia Motors Stock vs. The Competition

TypeLithia MotorsRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.40
2.46
2.51
Consensus RatingHoldHoldModerate Buy
Predicted Upside19.57% Upside53.53% Upside9.25% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/10/2024JPMorgan Chase & Co.
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 UpgradeNeutral ➝ Overweight$270.00 ➝ $280.00+8.49%
5/17/2024Guggenheim
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R. Jewsikow
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DowngradeBuy ➝ Neutral
4/25/2024Citigroup
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 Lower TargetNeutral ➝ Neutral$320.00 ➝ $280.00+8.64%
4/25/2024Craig Hallum
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 Lower TargetBuy ➝ Buy$350.00 ➝ $310.00+21.50%
4/25/2024Wells Fargo & Company
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 Lower TargetEqual Weight ➝ Equal Weight$290.00 ➝ $248.00+1.69%
4/10/2024Bank of America
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 Boost TargetBuy ➝ Buy$380.00 ➝ $385.00+37.99%
2/29/2024Morgan Stanley
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 Boost TargetUnderweight ➝ Underweight$220.00 ➝ $230.00-20.82%
2/15/2024The Goldman Sachs Group
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 Boost TargetNeutral ➝ Neutral$300.00 ➝ $334.00+10.35%
2/14/2024Stephens
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 Reiterated RatingOverweight ➝ Overweight$375.00+23.61%
1/17/2024Evercore ISI
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 Initiated CoverageOutperform$400.00+39.09%
7/27/2023Benchmark
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 Boost Target$300.00 ➝ $375.00+16.97%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 10:29 PM ET.

LAD Forecast - Frequently Asked Questions

What is Lithia Motors' forecast for 2024?

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Lithia Motors is $319.45, with a high forecast of $400.00 and a low forecast of $230.00.

Should I buy or sell Lithia Motors stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lithia Motors in the last twelve months. There is currently 1 sell rating, 4 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LAD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LAD, but not buy additional shares or sell existing shares.

Does Lithia Motors's stock price have much upside?

According to analysts, Lithia Motors's stock has a predicted upside of 15.37% based on their 12-month stock forecasts.

Has Lithia Motors been upgraded or downgraded by Wall Street analysts recently?

Over the previous 90 days, Lithia Motors's stock had 1 upgrade and 1 downgrade by analysts.

What analysts cover Lithia Motors?

Lithia Motors has been rated by research analysts at Citigroup, Craig Hallum, Guggenheim, JPMorgan Chase & Co., and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Lithia Motors more than its competitors?

Analysts like Lithia Motors less than other "retail/wholesale" companies. The consensus rating score for Lithia Motors is 2.40 while the average consensus rating score for "retail/wholesale" companies is 2.46. Learn more on how LAD compares to other companies.


This page (NYSE:LAD) was last updated on 7/12/2024 by MarketBeat.com Staff

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