Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Lithia Motors Inc has a consensus price target of $351.67 based on the ratings of 15 analysts. The high is $418 issued by Guggenheim on November 21, 2024. The low is $297 issued by Guggenheim on April 17, 2024. The 3 most-recent analyst ratings were released by Guggenheim, JP Morgan, and Guggenheim on November 21, 2024, November 5, 2024, and October 24, 2024, respectively. With an average price target of $401 between Guggenheim, JP Morgan, and Guggenheim, there's an implied 4.84% upside for Lithia Motors Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Lithia Motors (NYSE:LAD) was reported by Guggenheim on November 21, 2024. The analyst firm set a price target for $418.00 expecting LAD to rise to within 12 months (a possible 9.28% upside). 29 analyst firms have reported ratings in the last year.
The latest analyst rating for Lithia Motors (NYSE:LAD) was provided by Guggenheim, and Lithia Motors maintained their buy rating.
The last upgrade for Lithia Motors Inc happened on September 25, 2024 when Morgan Stanley raised their price target to $310. Morgan Stanley previously had an underweight for Lithia Motors Inc.
The last downgrade for Lithia Motors Inc happened on May 17, 2024 when Guggenheim changed their price target from N/A to N/A for Lithia Motors Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lithia Motors, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lithia Motors was filed on November 21, 2024 so you should expect the next rating to be made available sometime around November 21, 2025.
While ratings are subjective and will change, the latest Lithia Motors (LAD) rating was a maintained with a price target of $380.00 to $418.00. The current price Lithia Motors (LAD) is trading at is $382.50, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.