Based on ratings from 19 stock analysts, the Lear Corp stock price is expected to increase by 40.81% in 12 months. This is calculated by using the average 12-month stock price forecast for Lear Corp. The lowest target is $101 and the highest is $200. Please note analyst price targets are not guaranteed and could be missed completely.
About 19 Wall Street analysts have assignedLEA 8 buy ratings, 8 hold ratings, and 3 sell ratings. This means that analysts expect Lear Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on LEA. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of LEA.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Dan Levy Barclays | Equal-Weight | $120 | Downgrade | Oct 30, 2024 |
Colin Langan Wells Fargo | Equal-Weight | $106 | Maintains | Oct 25, 2024 |
Jeffrey Osborne TD Cowen | Buy | $125 | Maintains | Oct 25, 2024 |
Ryan Brinkman JP Morgan | Overweight | $160 | Maintains | Oct 21, 2024 |
Dan Levy Barclays | Overweight | $140 | Maintains | Oct 15, 2024 |
John Murphy B of A Securities | Buy | $170 | Maintains | Oct 14, 2024 |
Mark Delaney Goldman Sachs | Buy | $135 | Maintains | Oct 1, 2024 |
Adam Jonas Morgan Stanley | Overweight | $145 | Maintains | Sep 25, 2024 |
Colin Langan Wells Fargo | Equal-Weight | $114 | Maintains | Sep 20, 2024 |
Edison Yu Deutsche Bank | Hold | $132 | Reinstates | Sep 10, 2024 |
Adam Jonas Morgan Stanley | Overweight | $150 | Maintains | Aug 14, 2024 |
Dan Levy Barclays | Overweight | $150 | Maintains | Jul 29, 2024 |
Colin Langan Wells Fargo | Equal-Weight | $131 | Maintains | Jul 26, 2024 |
John Murphy B of A Securities | Buy | $185 | Maintains | Jul 22, 2024 |
Ryan Brinkman JP Morgan | Overweight | $166 | Maintains | Jul 22, 2024 |
Dan Levy Barclays | Overweight | $155 | Maintains | Jul 16, 2024 |
Chris McNally Evercore ISI Group | In-Line | $145 | Maintains | Jul 15, 2024 |
Itay Michaeli Citigroup | Neutral | $127 | Maintains | Jul 12, 2024 |
Joseph Spak UBS | Neutral | $128 | Maintains | Jul 10, 2024 |
Colin Langan Wells Fargo | Equal-Weight | $132 | Maintains | Jun 25, 2024 |
When did it IPO
2009
Staff Count
186,600
Country
United States
Sector/Industry
Consumer Cyclical/Auto Parts
CEO
Mr. Raymond E. Scott Jr.
Market Cap
$5.30B
In 2023, LEA generated $23.47B in revenue, which was a increase of 12.33% from the previous year. This can be seen as a signal that LEA's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - LEA reported stronger Q3 results than anticipated but lowered its full-year net sales guidance to $22.95-$23.15 billion, from $23.23-$23.67 billion.
Why It Matters - LEA's strong Q3 results indicate resilience, but the lowered full-year sales guidance may signal potential challenges ahead, impacting investor confidence and stock performance.
Summary - Lear (LEA) is experiencing changes in revenue from international markets, which may influence Wall Street's predictions and the stock's future outlook.
Why It Matters - Changes in Lear's international revenue could influence earnings forecasts, affecting stock valuations and investor sentiment on Wall Street, impacting share price movements.
Summary - Lear Corporation is considered undervalued, with a potential upside of 46-63%. It has a strong market position in Seating and benefits from electrification, while facing revenue outlook revisions for 2024.
Why It Matters - Lear Corporation's undervaluation and significant upside potential, combined with strong market positioning and financial health, suggest a compelling opportunity for growth-focused investors.
Summary - Lear Corporation (NYSE: LEA) will host its Q3 2024 Earnings Conference Call on October 24, 2024, at 8:00 AM ET with key executives participating.
Why It Matters - Lear Corporation's Q3 earnings call provides insights into financial performance and strategic direction, impacting share prices and investor sentiment based on growth prospects and market conditions.
Summary - Lear Corporation (NYSE: LEA) reported its third-quarter results for 2024, highlighting its position as a leader in automotive seating and E-Systems technology.
Why It Matters - Lear Corporation's Q3 2024 results can influence stock performance and investor sentiment, reflecting the company's financial health and market position in the automotive sector.
Summary - Lear (LEA) reported quarterly earnings of $2.89 per share, surpassing the Zacks Consensus Estimate of $2.57 and slightly up from $2.87 per share in the same quarter last year.
Why It Matters - Lear's earnings beat estimates, signaling strong performance and potential growth. Consistent earnings reflect stability, which can positively influence investor confidence and stock price.