Lithia Motors, Inc. (LAD) Accelerates Growth with Canadian Acquisition

1 day ago 1

Abdul Rahman

Wed, February 4, 2026 astatine 4:44 AM CST 2 min read

Lithia Motors Inc. (NYSE:LAD) is one of the champion used-car stocks to buy, according to hedge funds. On January 9, analysts astatine Benchmark reiterated a Buy standing connected Lithia Motors Inc. (NYSE:LAD) and a $400 terms target.

Lithia Motors, Inc. (LAD) Accelerates Growth with Canadian Acquisition

The probe steadfast maintained its bullish stance contempt adjusting its forecasts for the company’s show metrics. It estimates reductions successful new-vehicle volumes and gross nett per unit. The probe steadfast besides projects $409 cardinal successful adjusted EBITDA successful the 4th quarter.

The bullish stance comes arsenic Lithia Motors Inc. progressively expands its footprint successful Canada with the acquisition of Fine Ford successful the Greater Toronto Area. The acquisition underscores the company’s continued absorption connected strengthening its web successful North America, arsenic it is expected to summation annualized gross by $100 million.

“This strategical concern successful Canada’s fig 1 measurement marque strengthens our omnichannel web successful the nation’s largest market,” said Bryan DeBoer, Lithia and Driveway President and CEO. “Fines Ford’s lawsuit loyalty and established estimation successful the assemblage align perfectly with our strategy to supply exceptional experiences wherever, whenever, and nevertheless customers desire.”

Lithia Motors, Inc. (NYSE:LAD) is 1 of North America’s largest automotive retailers, providing a afloat spectrum of proscription solutions, including new/used conveyance sales, financing done Driveway Finance Corporation, and repair services. Operating implicit 470 locations crossed the U.S., Canada, and the UK, they utilize an omnichannel attack (including Driveway.com) to facilitate online and in-store purchasing.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.