LKQ CorporationLKQ
▼ NegativeCapitalrelevance
Weak Q2 results and cut 2026 guidance drove shares down 14%
Impact on stocks 1
Consumer Discretionary
LKQ CorporationLKQ Shares Drop 14% After Weak Q2 Results and 2026 Guidance Cut
Earnings
LKQ reported weaker second quarter results and cut its 2026 earnings guidance, triggering a 14.15% share price decline over the past 30 days and a year-to-date drop of 25.24%. The company also completed a long-running buyback and affirmed its quarterly dividend. The most followed narrative on Simply Wall St estimates a fair value of $43.44 per share, well above the recent price of $22.45, suggesting the stock may be 48.3% undervalued. However, risks remain if the LKQ Europe program stumbles or shipping bottlenecks hurt parts availability.
LKQ CorporationWeak Q2 results and cut 2026 guidance drove shares down 14%