Lithia Motors (LAD) Stock Forecast & Price Target

$261.00

+3.20 (+1.24%)

(As of 07/26/2024 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

Hold
Based on 10 Analyst Ratings

Based on 10 Wall Street analysts who have issued ratings for Lithia Motors in the last 12 months, the stock has a consensus rating of "Hold." Out of the 10 analysts, 1 has given a sell rating, 4 have given a hold rating, and 5 have given a buy rating for LAD.

Consensus Price Target

$314.45
20.48% Upside

High Forecast	$400.00
Average Forecast	$314.45
Low Forecast	$230.00

According to the 10 analysts' twelve-month price targets for Lithia Motors, the average price target is $314.45. The highest price target for LAD is $400.00, while the lowest price target for LAD is $230.00. The average price target represents a forecasted upside of 20.48% from the current price of $261.00.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
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)	5 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	$314.45	$319.45	$320.82	$335.90
Forecasted Upside	20.48% Upside	15.37% Upside	16.80% Upside	25.41% 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.

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.

Lithia Motors Stock vs. The Competition

Type	Lithia Motors	Retail/Wholesale Companies	S&P 500
Consensus Rating Score	2.40	2.46	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	20.39% Upside	49.71% Upside	8.98% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
7/22/2024	Bank of America 4 of 5 stars		Boost Target	Buy ➝ Buy	$320.00 ➝ $330.00	+29.53%
6/10/2024	JPMorgan Chase & Co. 3 of 5 stars		Upgrade	Neutral ➝ Overweight	$270.00 ➝ $280.00	+8.49%
5/17/2024	Guggenheim 3 of 5 stars	R. Jewsikow Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral
4/25/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$320.00 ➝ $280.00	+8.64%
4/25/2024	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$350.00 ➝ $310.00	+21.50%
4/25/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$290.00 ➝ $248.00	+1.69%
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2/29/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$220.00 ➝ $230.00	-20.82%
2/15/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$300.00 ➝ $334.00	+10.35%
2/14/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$375.00	+23.61%
1/17/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$400.00	+39.09%
7/27/2023	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		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 09:44 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 $314.45, 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 research 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 research 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 14.57% 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 Bank of America, Guggenheim, and JPMorgan Chase & Co. 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 2.45. Learn more on how LAD compares to other companies.