JPMorgan cuts LKQ target from USD 30 to USD 27 for LKQ Corporation stock
Published on 10/20/2026 at 19:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSJPMorgan target cut
- JPMorgan cut its LKQ target from USD 30.00 to USD 27.00 on October 8, 2026.
- LKQ is scheduled to report third-quarter results on October 29, 2026.
- LKQ Corporation stock cost EUR 19.27 at Lang & Schwarz on October 20, 2026 at 7:30 p.m. CEST.
LKQ Corporation stock (ISIN US5018892084) is facing a lower JPMorgan target after the bank cut its forecast from USD 30.00 to USD 27.00 on October 8, 2026, while keeping an Overweight rating, as Markets Insider reported. The revised target leaves a 24.65 percent distance above the USD 21.66 primary-market price cited for October 20, 2026. LKQ was trading at EUR 19.27 at Lang & Schwarz on October 20, 2026 at 7:30 p.m. CEST.
October 29 brings the next test
LKQ Corporation will release its third-quarter 2026 results on October 29, 2026, with the conference call scheduled for 8:00 a.m. Eastern Time, according to Yahoo Finance on October 5, 2026. MarketBeat lists a consensus estimate of USD 0.70 for earnings per share and USD 3.41 billion for revenue in the third quarter, compared with USD 0.84 and USD 3.50 billion a year earlier, respectively, in its October 2026 earnings preview.
Revenue pressure remains visible
The latest reported quarter ended June 30, 2026. LKQ generated USD 3.41 billion in second-quarter revenue and USD 0.53 in diluted earnings per share, while the earnings estimate was USD 0.71, according to MarketBeat. Revenue was 3.00 percent lower than the USD 3.50 billion reported for the comparable prior-year quarter, and the earnings shortfall kept the upcoming release central to the valuation debate.
Nasdaq valuation and stock range
LKQ's primary listing is Nasdaq under ticker LKQ. The stock's USD 21.17 to USD 37.13 52-week range places the October 20, 2026 primary-market price of USD 21.66 only USD 0.49 above its yearly low. Market capitalization stood at USD 5.5 billion on October 20, 2026, while the current quarterly dividend was USD 0.30 per share, equivalent to a 5.50 percent annualized yield.
What the target cut means
JPMorgan's USD 27.00 target remains USD 5.34 above the primary-market price, but the reduction from USD 30.00 shows that the bank's valuation case has become more cautious. The October 29 results will provide the next quantified check on revenue, earnings per share and the assumptions behind that target.
LKQ stock and the next report
For investors, the key numbers are the USD 3.41 billion second-quarter revenue base, the USD 0.70 third-quarter earnings estimate and the USD 27.00 JPMorgan target. The euro quotation from Lang & Schwarz was EUR 19.27 on October 20, 2026 at 7:30 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of LKQ Corporation stock.
LKQ Corporation stock at a glance
- Company: LKQ Corporation
- ISIN: US5018892084
- Ticker: LKQ
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 20, 2026, 7:30 p.m. CEST): EUR 19.27
- Market capitalization: USD 5.5 billion (as of October 20, 2026)
- 52-week range: USD 21.17-37.13 (as of October 20, 2026)
- Sector / Industry: Consumer Cyclical / Auto Parts
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
