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Lazard (LAZ) Stock Forecast, Price Target & Predictions

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LAZ Stock Forecast

Lazard stock forecast is as follows: an average price target of $53.67 (represents a 3.13% upside from LAZ’s last price of $52.04) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

LAZ Price Target

The average price target for Lazard (LAZ) is $53.67 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $56.00 to $51.00. This represents a potential 3.13% upside from LAZ's last price of $52.04.

LAZ Analyst Ratings

Buy

According to 7 Wall Street analysts, Lazard's rating consensus is 'Buy'. The analyst rating breakdown for LAZ stock is 0 'Strong Buy' (0.00%), 3 'Buy' (42.86%), 3 'Hold' (42.86%), 1 'Sell' (14.29%), and 0 'Strong Sell' (0.00%).

Lazard Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 11, 2024Michael BrownWells Fargo$51.00$45.5711.92%-2.00%
Jul 26, 2024Stephen BiggarArgus Research$54.00$48.4311.50%3.77%
Jul 23, 2024Ryan KennyMorgan Stanley$56.00$43.7328.06%7.61%
Apr 09, 2024Devin RyanJMP Securities$52.00$41.2326.12%-0.08%

The latest Lazard stock forecast, released on Sep 11, 2024 by Michael Brown from Wells Fargo, set a price target of $51.00, which represents a 11.92% increase from the stock price at the time of the forecast ($45.57), and a -2.00% decrease from LAZ last price ($52.04).

Lazard Price Target by Period

1M3M12M
# Anlaysts--4
Avg Price Target--$53.25
Last Closing Price$52.04$52.04$52.04
Upside/Downside-100.00%-100.00%2.33%

In the current month, the average price target of Lazard stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Lazard's last price of $52.04. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 09, 2024JMP SecuritiesOutperformOutperformHold
Sep 23, 2024Morgan StanleyOverweightOverweightHold
Sep 10, 2024Goldman SachsSellSellHold
Jul 23, 2024Morgan StanleyOverweightOverweightHold
Jun 21, 2024UBSNeutralNeutralHold
Apr 11, 2024UBSNeutralNeutralHold
Apr 09, 2024JMP SecuritiesOutperformOutperformHold
Apr 09, 2024JMP SecuritiesMarket OutperformMarket OutperformHold
Jan 16, 2024CFRABuyUpgrade
Aug 09, 2023UBSNeutralNeutralHold
Jul 13, 2023Keefe, Bruyette & WoodsMarket PerformUpgrade
Jul 12, 2023Morgan StanleyOverweightUpgrade
Jul 03, 2023Wolfe ResearchPeer PerformUpgrade
Feb 22, 2023Wells FargoEqual-WeightEqual-WeightHold

Lazard's last stock rating was published by JMP Securities on Oct 09, 2024. The company gave LAZ a "Outperform" rating, the same as its previous rate.

Lazard Financial Forecast

Lazard Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue-----------------$543.17M$662.32M$561.91M$731.86M$746.43M$660.66M$716.14M$1.01B$737.81M$843.26M$679.90M$898.33M$598.02M
Avg Forecast$789.18M$789.43M$789.68M$789.93M$1.04B$834.51M$816.17M$795.97M$942.55M$800.29M$763.04M$752.59M$792.59M$644.22M$625.40M$678.57M$666.56M$572.54M$572.06M$534.22M$670.02M$646.44M$665.37M$680.60M$847.49M$711.09M$656.54M$667.54M$686.51M$506.06M
High Forecast$818.11M$818.37M$818.63M$818.89M$1.08B$865.10M$846.10M$825.15M$977.11M$829.63M$791.01M$775.09M$842.40M$651.48M$625.40M$678.57M$701.73M$597.09M$593.03M$553.80M$694.58M$646.44M$665.37M$680.60M$847.49M$711.09M$656.54M$667.54M$686.51M$506.06M
Low Forecast$769.32M$769.56M$769.80M$770.04M$1.02B$813.50M$795.63M$775.94M$918.83M$780.15M$743.83M$736.07M$717.71M$636.96M$625.40M$678.57M$635.71M$552.26M$557.66M$520.77M$653.15M$646.44M$665.37M$680.60M$847.49M$711.09M$656.54M$667.54M$686.51M$506.06M
# Analysts222222221114421134221111222229
Surprise %-----------------0.95%1.16%1.05%1.09%1.15%0.99%1.05%1.20%1.04%1.28%1.02%1.31%1.18%

Lazard's average Quarter revenue forecast for Dec 23 based on 3 analysts is $666.56M, with a low forecast of $635.71M, and a high forecast of $701.73M. LAZ's average Quarter revenue forecast represents a 22.72% increase compared to the company's last Quarter revenue of $543.17M (Sep 23).

Lazard EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114421134221111222229
EBITDA-----------------$-4.86M$-109.98M$-36.88M$73.16M$158.16M$125.85M$159.74M$277.44M$156.05M$174.12M$140.14M$222.43M$112.12M
Avg Forecast$146.79M$146.83M$146.88M$146.93M$193.83M$155.22M$151.81M$148.05M$175.32M$148.85M$141.93M$139.98M$147.42M$119.83M$116.32M$179.78M$123.98M$106.49M$106.40M$163.44M$203.41M$94.69M$97.47M$129.20M$124.14M$104.16M$96.17M$143.29M$100.56M$74.13M
High Forecast$152.17M$152.22M$152.27M$152.31M$200.94M$160.91M$157.37M$153.48M$181.74M$154.31M$147.13M$144.17M$156.69M$121.18M$116.32M$215.74M$130.52M$111.06M$110.30M$196.12M$244.09M$94.69M$97.47M$155.04M$124.14M$104.16M$96.17M$171.95M$100.56M$74.13M
Low Forecast$143.09M$143.14M$143.18M$143.23M$188.95M$151.31M$147.99M$144.33M$170.90M$145.11M$138.35M$136.91M$133.50M$118.48M$116.32M$143.82M$118.24M$102.72M$103.73M$130.75M$162.73M$94.69M$97.47M$103.36M$124.14M$104.16M$96.17M$114.63M$100.56M$74.13M
Surprise %------------------0.05%-1.03%-0.23%0.36%1.67%1.29%1.24%2.23%1.50%1.81%0.98%2.21%1.51%

2 analysts predict LAZ's average Quarter EBITDA for Mar 23 to be $163.44M, with a high of $196.12M and a low of $130.75M. This is 123.41% upper than Lazard's previous annual EBITDA (Dec 22) of $73.16M.

Lazard Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114421134221111222229
Net Income-----------------$7.14M$-124.01M$-15.20M$57.06M$105.80M$95.48M$113.88M$211.29M$107.21M$123.18M$87.30M$189.89M$75.09M
Avg Forecast$201.60M$111.96M$113.20M$121.59M$171.06M$120.37M$111.47M$109.68M$145.68M$102.42M$86.48M$82.77M$66.61M$40.34M$35.96M$125.67M$36.89M$16.58M$11.36M$114.25M$154.28M$81.04M$86.57M$90.32M$144.62M$95.56M$89.03M$89.26M$97.97M$47.45M
High Forecast$211.21M$117.30M$118.60M$127.39M$179.21M$126.10M$116.78M$114.91M$152.63M$107.30M$90.60M$85.96M$79.30M$42.36M$35.99M$150.81M$44.26M$25.80M$11.90M$137.10M$185.13M$81.04M$86.57M$108.38M$144.62M$95.56M$89.03M$107.11M$97.97M$47.45M
Low Forecast$195.00M$108.30M$109.50M$117.62M$165.46M$116.43M$107.82M$106.09M$140.92M$99.07M$83.65M$79.59M$48.64M$38.31M$35.94M$100.54M$26.35M$12.90M$10.99M$91.40M$123.42M$81.04M$86.57M$72.25M$144.62M$95.56M$89.03M$71.41M$97.97M$47.45M
Surprise %-----------------0.43%-10.91%-0.13%0.37%1.31%1.10%1.26%1.46%1.12%1.38%0.98%1.94%1.58%

Lazard's average Quarter net income forecast for Dec 23 is $36.89M, with a range of $26.35M to $44.26M. LAZ's average Quarter net income forecast represents a 416.68% increase compared to the company's last Quarter net income of $7.14M (Sep 23).

Lazard SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114421134221111222229
SG&A-----------------$20.75M$82.78M$78.86M$78.87M$65.99M$68.63M$61.39M$75.31M$57.63M$59.20M$56.35M$62.08M$53.58M
Avg Forecast$86.27M$86.30M$86.32M$86.35M$113.92M$91.22M$89.22M$87.01M$103.03M$87.48M$83.41M$82.27M$86.64M$70.42M$68.36M$67.75M$72.86M$62.59M$62.53M$61.59M$84.39M$65.00M$66.90M$48.69M$85.21M$71.50M$66.01M$92.04M$69.03M$50.88M
High Forecast$89.43M$89.46M$89.49M$89.52M$118.09M$94.57M$92.49M$90.20M$106.81M$90.69M$86.47M$84.73M$92.09M$71.22M$68.36M$81.30M$76.71M$65.27M$64.83M$73.91M$101.27M$65.00M$66.90M$58.43M$85.21M$71.50M$66.01M$110.45M$69.03M$50.88M
Low Forecast$84.10M$84.12M$84.15M$84.18M$111.05M$88.93M$86.97M$84.82M$100.44M$85.28M$81.31M$80.46M$78.46M$69.63M$68.36M$54.20M$69.49M$60.37M$60.96M$49.27M$67.51M$65.00M$66.90M$38.95M$85.21M$71.50M$66.01M$73.63M$69.03M$50.88M
Surprise %-----------------0.33%1.32%1.28%0.93%1.02%1.03%1.26%0.88%0.81%0.90%0.61%0.90%1.05%

Lazard's average Quarter SG&A projection for Dec 23 is $72.86M, based on 3 Wall Street analysts, with a range of $69.49M to $76.71M. The forecast indicates a 251.09% rise compared to LAZ last annual SG&A of $20.75M (Sep 23).

Lazard EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts222222221114421134221111222229
EPS-----------------$0.08$-1.40$-0.17$0.65$1.11$0.96$1.09$2.02$1.00$1.14$0.80$1.73$0.69
Avg Forecast$1.95$1.08$1.09$1.18$1.65$1.16$1.08$1.06$1.41$0.99$0.84$0.80$0.64$0.39$0.35$0.55$0.36$0.16$0.11$0.32$0.80$0.81$0.86$0.87$1.44$0.95$0.88$0.89$0.97$0.47
High Forecast$2.04$1.13$1.15$1.23$1.73$1.22$1.13$1.11$1.48$1.04$0.88$0.83$0.77$0.41$0.35$0.55$0.43$0.25$0.12$0.34$0.84$0.81$0.86$0.87$1.44$0.95$0.88$0.89$0.97$0.47
Low Forecast$1.88$1.05$1.06$1.14$1.60$1.13$1.04$1.03$1.36$0.96$0.81$0.77$0.47$0.37$0.35$0.55$0.25$0.12$0.11$0.31$0.77$0.81$0.86$0.87$1.44$0.95$0.88$0.89$0.97$0.47
Surprise %-----------------0.50%-12.75%-0.53%0.81%1.38%1.12%1.25%1.41%1.05%1.29%0.90%1.78%1.46%

According to 3 Wall Street analysts, Lazard's projected average Quarter EPS for Dec 23 is $0.36, with a low estimate of $0.25 and a high estimate of $0.43. This represents a 346.70% increase compared to LAZ previous annual EPS of $0.08 (Sep 23).

Lazard Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MCMoelis & Company$74.40$79.006.18%Buy
LAZLazard$52.74$53.671.76%Buy
SFStifel Financial$107.18$101.60-5.21%Buy
PIPRPiper Sandler Companies$312.19$292.00-6.47%Buy
HLIHoulihan Lokey$177.96$163.00-8.41%Hold
EVREvercore$290.20$263.00-9.37%Buy
PWPPerella Weinberg Partners$24.50$15.50-36.73%Buy
PJTPJT Partners$159.44$79.50-50.14%Buy

LAZ Forecast FAQ

Is Lazard a good buy?

Yes, according to 7 Wall Street analysts, Lazard (LAZ) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 42.86% of LAZ's total ratings.

What is LAZ's price target?

Lazard (LAZ) average price target is $53.67 with a range of $51 to $56, implying a 3.13% from its last price of $52.04. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Lazard stock go up soon?

According to Wall Street analysts' prediction for LAZ stock, the company can go up by 3.13% (from the last price of $52.04 to the average price target of $53.67), up by 7.61% based on the highest stock price target, and down by -2.00% based on the lowest stock price target.

Can Lazard stock reach $80?

LAZ's average twelve months analyst stock price target of $53.67 does not support the claim that Lazard can reach $80 in the near future.

What are Lazard's analysts' financial forecasts?

Lazard's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.49B (high $3.62B, low $3.4B), average EBITDA is $648.91M (high $672.7M, low $632.58M), average net income is $512.57M (high $537M, low $495.8M), average SG&A $381.37M (high $395.35M, low $371.77M), and average EPS is $4.95 (high $5.19, low $4.79). LAZ's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $3.16B (high $3.27B, low $3.08B), average EBITDA is $587.43M (high $608.97M, low $572.65M), average net income is $548.36M (high $574.49M, low $530.41M), average SG&A $345.23M (high $357.89M, low $336.55M), and average EPS is $5.3 (high $5.55, low $5.13).

Did the LAZ's actual financial results beat the analysts' financial forecasts?

Based on Lazard's last annual report (Dec 2022), the company's revenue was $2.86B, beating the average analysts forecast of $2.66B by 7.24%. Apple's EBITDA was $516.91M, missing the average prediction of $524.77M by -1.50%. The company's net income was $357.52M, missing the average estimation of $412.2M by -13.27%. Apple's SG&A was $274.89M, beating the average forecast of $264.98M by 3.74%. Lastly, the company's EPS was $3.74, beating the average prediction of $3.34 by 11.96%. In terms of the last quarterly report (Sep 2023), Lazard's revenue was $543.17M, missing the average analysts' forecast of $572.54M by -5.13%. The company's EBITDA was $-4.857M, missing the average prediction of $106.49M by -104.56%. Lazard's net income was $7.14M, missing the average estimation of $16.58M by -56.95%. The company's SG&A was $20.75M, missing the average forecast of $62.59M by -66.84%. Lastly, the company's EPS was $0.0798, missing the average prediction of $0.16 by -50.21%