LAD Price Prediction Next Week
LAD Stock Price Prediction and Recommendation
Technical Analysis:
- Price Trend: LAD is currently trading at $302.54 as of March 10, 2025. The stock has been under pressure, crossing below its 200-day moving average of $350.93, indicating a bearish trend.
- RSI: The Relative Strength Index (RSI) is at 21.21, suggesting the stock is oversold and may experience a short-term rebound.
- MACD: The MACD line is below the signal line, indicating bearish momentum.
- Support and Resistance: Key support levels are at $291.97 and $269.67, while resistance is at $350.93 and $386.43.
News and Fundamental Analysis:
- Acquisition: LAD acquired Elk Grove Subaru, adding $100 million in annual revenue, which is positive for future growth.
- Share Buyback: Increased buyback authorization by $350 million, signaling confidence in the stock.
Price Prediction:
- Target Price: $300.00 for the next trading week.
- Recommendation: BUY due to oversold conditions and potential short-term rebound.
Graphical Components:
This analysis combines technical indicators and positive news, suggesting a short-term buying opportunity.
LAD Similar Chart Price Prediction
The price of LAD is predicted to go up 13.13%, based on the high correlation periods with NKTR. The similarity of these two price pattern on the periods is 97.68%.
LAD
NKTR
Up: 13.13%Similarity: 97.68%
LAD Revenue Forecast
LAD EPS Forecast
LAD FAQs
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LAD VS S&P500
Lithia's growth runway looks very long to us; acquisitions are opening up new areas of the US, and international expansion just started in 2021 by entering Canada and the UK in 2023.
Manufacturers grant a limited number of franchise rights in a given geography, providing dealers with some protection against would-be competitors.
Lithia's rural niche makes it the Walmart of auto dealers.
LAD Analyst's Forecast
Rajat Gupta
JP Morgan
Buy
2025-02-19
Price Target
$400 → $420
Upside
+15.31%
JPMorgan raised the firm's price target on Lithia & Driveway to $420 from $400 and keeps an Overweight rating on the shares. The firm updated models in the auto dealership space following the Q4 reports. The results were ahead of JPMorgan's above-consensus expectations with U.S.-only companies demonstrating the best same-store gross profit performance as expected, the analyst tells investors in a research note. JPMorgan says that while the risk is to the upside on multiples as sector earnings see a turn in year-over-year profitability, it sees the sector "taking a breather for now before the next 'turn' of cards post spring season."
Colin Langan
Wells Fargo
Hold
2025-02-13
Price Target
$346 → $397
Upside
+3.2%
Rajat Gupta
JP Morgan
Buy
2025-01-17
Price Target
$405 → $400
Upside
+13.52%
