JPMorgan Chase & Co. Issues Pessimistic Forecast for LKQ (NASDAQ:LKQ) Stock Price

LKQ (NASDAQ:LKQ) had its price target reduced by investment analysts at JPMorgan Chase & Co. from $37.00 to $30.00 in a report issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the auto parts company’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 34.08% from the company’s current price.

A number of other research analysts have also recently commented on LKQ. Zacks Research upgraded LKQ from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Robert W. Baird set a $30.00 target price on LKQ in a report on Friday. Stephens dropped their target price on LKQ from $39.00 to $36.50 and set an “overweight” rating for the company in a research report on Tuesday, July 21st. Raymond James Financial set a $30.00 price target on LKQ in a research note on Friday. Finally, Barclays reduced their price target on LKQ from $33.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday, July 21st. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $33.25.

LKQ Price Performance

Shares of NASDAQ:LKQ traded down $0.23 during trading on Friday, reaching $22.38. 2,972,167 shares of the company traded hands, compared to its average volume of 2,853,826. The firm has a market capitalization of $5.70 billion, a PE ratio of 11.09 and a beta of 0.83. LKQ has a 52 week low of $21.17 and a 52 week high of $37.13. The company has a quick ratio of 0.60, a current ratio of 1.54 and a debt-to-equity ratio of 0.51. The company’s 50 day moving average is $25.87 and its two-hundred day moving average is $29.18.

LKQ (NASDAQ:LKQ) last posted its quarterly earnings results on Thursday, July 30th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.04). The firm had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.48 billion. LKQ had a return on equity of 11.65% and a net margin of 3.71%.The business’s revenue was down 3.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.87 EPS. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS. As a group, sell-side analysts predict that LKQ will post 3 earnings per share for the current year.

Institutional Investors Weigh In On LKQ

Several large investors have recently modified their holdings of the company. Seizert Capital Partners LLC lifted its holdings in LKQ by 30.1% in the fourth quarter. Seizert Capital Partners LLC now owns 2,178,703 shares of the auto parts company’s stock valued at $65,797,000 after buying an additional 503,998 shares during the period. Entropy Technologies LP acquired a new stake in LKQ during the 4th quarter worth about $3,158,000. Kennedy Capital Management LLC raised its position in shares of LKQ by 41.2% in the 3rd quarter. Kennedy Capital Management LLC now owns 314,467 shares of the auto parts company’s stock worth $9,604,000 after acquiring an additional 91,776 shares in the last quarter. Applied Finance Capital Management LLC raised its position in shares of LKQ by 11.0% in the 1st quarter. Applied Finance Capital Management LLC now owns 662,216 shares of the auto parts company’s stock worth $19,449,000 after acquiring an additional 65,534 shares in the last quarter. Finally, State of Tennessee Department of Treasury lifted its stake in shares of LKQ by 152.3% in the 4th quarter. State of Tennessee Department of Treasury now owns 78,360 shares of the auto parts company’s stock valued at $2,574,000 after purchasing an additional 47,299 shares during the period. 95.63% of the stock is currently owned by institutional investors and hedge funds.

Key LKQ News

Here are the key news stories impacting LKQ this week:

• Positive Sentiment: LKQ maintained a quarterly dividend of $0.30 per share, equivalent to $1.20 annually and an indicated yield of approximately 5.3%. The dividend is payable September 3 to shareholders of record August 20. LKQ dividend announcement
• Positive Sentiment: Management highlighted improving trends in North America and steady demand in its Specialty business, providing some offset to the European weakness. LKQ Q2 earnings and Europe ERP disruption
• Neutral Sentiment: Institutional positioning was mixed in the latest reported quarter, with major investors including Capital World Investors and BlackRock adding shares while Morgan Stanley, Capital Research and others reduced exposure. Recent analyst price targets remain well above the current trading range, but they predate the latest earnings report and guidance cut.
• Negative Sentiment: Second-quarter adjusted EPS was $0.67, below estimates near $0.71–$0.73 and down from $0.87 a year earlier. Revenue of approximately $3.41 billion also missed expectations of roughly $3.48–$3.51 billion and declined 3% year over year. LKQ second-quarter earnings results
• Negative Sentiment: LKQ reduced its 2026 adjusted EPS outlook to $2.60–$2.90 from $2.90–$3.20, below the approximately $2.98 analyst consensus. It also lowered its organic revenue-growth forecast to negative 3% to negative 1%. LKQ reduced 2026 outlook
• Negative Sentiment: The German ERP implementation reportedly reduced quarterly revenue by about $140 million and European EBITDA by approximately $50 million. Softer demand in the U.K. and Benelux further delayed the expected European recovery, raising concerns that earnings weakness may persist.

About LKQ

LKQ Corporation is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. The company supplies a broad range of replacement components, including recycled original equipment manufacturer (OEM) parts, aftermarket parts, refurbished and remanufactured items. Its products support collision repair, mechanical repair and performance enhancement needs across passenger cars, heavy trucks and recreational vehicles.

Through a combination of in-house operations and strategic acquisitions, LKQ has developed a comprehensive product portfolio that extends beyond core replacement parts.