Wells Fargo Maintains Hold Rating on Lamar Advertising with $122 Price Target

Wells Fargo analyst Daniel Osley maintained a Hold rating on Lamar Advertising with a price target of $122.00, closing at $124.93. Osley is ranked #5785 out of 9841 analysts. The overall analyst consensus is Moderate Buy with a $134.00 average price target. Lamar Advertising reported Q1 revenue of $505.43 million and net profit of $138.76 million, compared to $498.15 million and $78.22 million in Q1 last year.

July 2, 2025 - Wells Fargo analyst Daniel Osley has maintained a Hold rating on Lamar Advertising (LAMR) with an adjusted price target of $122.00, as the stock closed at $124.93 on July 2, 2025. Osley, ranked #5785 out of 9841 analysts, anticipates potential downside risks to second-quarter consensus EBITDA and growth prospects for the latter half of the year. Despite these concerns, the overall analyst consensus remains Moderate Buy, with an average price target of $134.00.

Lamar Advertising reported Q1 revenue of $505.43 million and net profit of $138.76 million, marking a significant increase compared to the same period last year. The company's Q1 revenue grew by 1.4% year-over-year, while net profit rose by 78.8% [2].

Analyst Consensus and Price Targets

According to 4 analysts' one-year price targets, the average target price for Lamar Advertising is $130.25, with a high estimate of $145.00 and a low estimate of $116.00. This average target price implies an upside of 4.26% from the current price of $124.93 [2].

GuruFocus Estimates

GuruFocus estimates the fair value of Lamar Advertising to be $117.02 in one year, suggesting a downside of 6.33% from the current price of $124.925. The GF Value is calculated based on historical multiples, past business growth, and future performance estimates [2].

Conclusion

Despite Wells Fargo's cautious stance, Lamar Advertising continues to attract positive analyst sentiment. The company's Q1 financials demonstrate robust growth, and the overall analyst consensus remains bullish, albeit with some cautionary notes. Investors should closely monitor the company's earnings reports and analyst recommendations for further insights into its performance and future prospects.

References

[1] https://www.marketbeat.com/stocks/NYSE/OUT/forecast/
[2] https://www.gurufocus.com/news/2989069/wells-fargo-adjusts-price-target-for-lamar-advertising-lamr-lamr-stock-news