Benchmark Reiterates Buy Rating on LCII

Benchmark reaffirmed its buy rating for LCII, setting a target price of $125, a 32.78% upside from the current price.

Editorial illustration for LCI Industries (LCII)

Key Points

  • Benchmark reiterated its buy rating on LCII with a $125 target price as of June 23, 2026.
  • Benchmark's $125 price target implies 32.78% upside from LCI Industries's ($LCII) current $94.14 share price.
  • LCII shares traded near $91.33 on Tuesday, reflecting investors' interest in the company's future potential.
  • Insiders including Jason Lippert and John Sirpilla were active in recent trades, with Lippert selling and Sirpilla buying shares.

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Benchmark has reiterated its buy rating on LCII, setting a price target of $125 as of June 23, 2026. This update reflects continued confidence in the company's prospects, as shares traded near $91.33 on Tuesday.

Analyst rating track record

Benchmark vs. the S&P 500

YTD return -12.01% hypothetical
All-time return -26.27% S&P 500 +23.13%
vs. S&P 500 -49.40% behind the index

Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.

Other Institutional Activity in LCII

BlackRock, Inc. grew its holdings by 6,355 shares, ending with 3,545,655 shares valued at about $436 million. FMR LLC added 582,657 shares, bringing its total to 2,034,711 shares worth approximately $250 million, marking a 40.1% increase. Kayne Anderson Rudnick Investment Management LLC trimmed its position by 76,495 shares, holding 1,919,273 shares valued at $236 million, a 3.8% decrease. Vanguard Portfolio Management LLC opened a new position with 1,479,123 shares valued at $181.9 million. Dimensional Fund Advisors LP increased its stake by 20,943 shares to 1,412,102 shares, valued at about $173.7 million, reflecting a 1.5% increase.

LCI Industries Stock Down 8.6%

LCII shares traded near $91.33 on Tuesday. The stock has seen fluctuations over the past year, with a 52-week low of $85.00 and a high of $115.00. The company is navigating a dynamic market environment as it seeks to enhance its value proposition.

12-month forecast

$LCII price target

Past daily closes and this analyst's 12-month price target. Not investment advice.

Insider Buying and Selling at LCI Industries

On June 3, 2026, Jason Lippert, President and CEO, sold 64,099 shares, while John Sirpilla, Interim CEO, purchased 16,503 shares. James Gero was active on May 12, 2026, buying 13,637 shares and selling 1,761 shares at an average price of $112.42.

Analysts Set New Price Targets

On June 23, 2026, Benchmark maintained its buy rating for LCII with a price target of $125. This follows previous ratings from Benchmark, which set targets of $150 in May and $175 in February. Truist Securities maintained a hold rating with a $135 target in April, while Stifel initiated coverage with a buy rating and a $152 target in March.

About LCII

LCII is a leading supplier of components for the recreational vehicle and manufactured housing industries. The company, headquartered in Elkhart, Indiana, provides a wide range of products, including chassis, axles, and other essential parts. With a focus on innovation and customer service, LCII aims to meet the evolving needs of its clients.

Bottom Line

Benchmark's reiterated buy rating and $125 target for LCII highlight the firm's confidence in the company's growth potential. Institutional investors have shown mixed activity, with some increasing their stakes while others reduce positions. Recent insider trades also reflect dynamic movements within the company. As always, these insights are based on historical data and do not necessarily predict future performance.

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