Guggenheim analyst Ronald Jewsikow has revised the firm's price target for Lithia & Driveway (LAD, Financial), lowering it from $417 to $356 while maintaining a Buy rating on the stock. This adjustment comes as part of a broader strategy update covering the auto supplier and dealer sectors.
The firm is recalibrating its projections in anticipation of the company's first-quarter financial results. Jewsikow noted that the updated estimates reflect a significant reduction, aligning with previous assessments related to tariffs. The analyst's revised outlook is part of an overall review of the firm's positions within the automotive industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Lithia Motors Inc (LAD, Financial) is $426.08 with a high estimate of $500.00 and a low estimate of $310.00. The average target implies an upside of 50.12% from the current price of $283.82. More detailed estimate data can be found on the Lithia Motors Inc (LAD) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, Lithia Motors Inc's (LAD, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Lithia Motors Inc (LAD, Financial) in one year is $392.44, suggesting a upside of 38.27% from the current price of $283.82. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Lithia Motors Inc (LAD) Summary page.
