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Stock impact report

What Does Benchmark Think About Lithia Motors (LAD) Stock Now? [Yahoo! Finance]

Lithia Motors, Inc. (LAD) 
Last lithia motors, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: lithiainvestorrelations.com
Company Research Source: Yahoo! Finance
The stock carries a consensus Buy rating and an average price target of $350.11, which reflects more than 30% upside potential. What Does Benchmark Think About Lithia Motors Inc (LAD) Stock Now? On March 30, the equity research firm Benchmark reiterated its Buy rating on Lithia Motors Inc (NYSE:LAD) with a price target of $400. However, the firm slashed its Q1 2026 estimates for Lithia Motors. While the firm remains bullish on the automotive retailer's overall outlook, it's taking a more conservative view for the time being, leading to the estimate revisions. In particular, Benchmark is more cautious regarding average selling prices and per-unit gross profit for used vehicles. The firm lowered its estimate for Lithia Motors' adjusted EBITDA in Q1 to $379 million from $408 million. It also cut its estimate for adjusted EPS to $7.39 from $8.49. The firm noted that the used vehicle market remains tight, and pointed out that this continues to affect unit gross profit for dealershi Show less Read more
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