Lithia Motors
About: Lithia Motors is a retailer of new and used vehicles and related services. The company offers over 50 brands of vehicles at nearly 500 stores globally across the US, Canada, and UK. The company has expanded largely through the acquisition of dealerships in smaller regional markets but now seeks to grow in any part of the US and we expect more deals over time in the US and, at times, abroad. Annual revenue in 2024 was $36.2 billion and we see over $50 billion possible in a few years. The US was 78% of 2024 revenue and the UK second at 19%, due to the 2024 Pendragon acquisition. In 2024, new vehicle sales were about 49% of total revenue. Lithia was founded in 1946, went public in 1996, and is the largest US auto dealer. It is based in Medford, Oregon.
Employees: 30,000
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
13% more capital invested
Capital invested by funds: $7.78B [Q1] → $8.77B (+$988M) [Q2]
1% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 165
5% less funds holding
Funds holding: 469 [Q1] → 444 (-25) [Q2]
8.44% less ownership
Funds ownership: 108.43% [Q1] → 99.99% (-8.44%) [Q2]
11% less call options, than puts
Call options by funds: $25.5M | Put options by funds: $28.7M
18% less funds holding in top 10
Funds holding in top 10: 11 [Q1] → 9 (-2) [Q2]
26% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 72
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Guggenheim Ali Faghri | 16%upside $380 | Buy Maintained | 11 Aug 2025 |
Citigroup Ronald Josey | 17%upside $383 | Buy Maintained | 5 Aug 2025 |
JP Morgan Rajat Gupta | 4%downside $315 | Overweight Maintained | 5 Aug 2025 |
Wells Fargo Colin Langan | 3%downside $317 | Equal-Weight Maintained | 30 Jul 2025 |
B of A Securities John Murphy | 52%upside $500 | Buy Maintained | 16 Jun 2025 |
Financial journalist opinion
Based on 9 articles about LAD published over the past 30 days
