Lazard combines a wide economic moat, a return on equity of 34%, and a compelling valuation at 10x forward earnings with a PEG of 0.16, but the stock is in a confirmed technical downtrend—death cross, below all moving averages—and the dividend yield has been flagged as potentially unsafe, making the near-term risk/reward unfavorable despite the underlying quality.
Thesis pillars
- Attractive Valuation Forward Pe 10x→Stable
- Wide Moat Strong Quality Base→Stable
- Confirmed Technical Downtrend→Stable
- +1 more pillar — see the Why tab for full reasoning
Lazard, Inc. (LAZ) Stock Analysis
Falling Knife setup · Catalyst-Driven edge
Financial Services · Capital Markets
Sell if holding. At $40.37, A.R:R 0.9:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 2.4): -1.5; Negative momentum.
Founded in 1848, Lazard provides M&A, restructuring, and sovereign advisory through its Financial Advisory segment and active investment management through its Asset Management segment, with operations across more than 30 countries. The firm employed 3,309 full-time staff at... Read more
Sell if holding. At $40.37, A.R:R 0.9:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 2.4): -1.5; Negative momentum. Chart setup: Death cross, below all MAs, RSI 36, MACD bearish. Score 6.1/10, moderate confidence.
Passes 6/9 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 23d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and death cross (50MA < 200MA). Suitability: aggressive.
Recent developments
updated 2026-06-29Recent Developments — Lazard, Inc.
Latest news
- NEWS Riverwater Partners Exits Lazard Investment Following Q1 Performance - HarianBasis.co — HarianBasis.co negative
- NEWS Riverwater Sustainable Value Strategy Exited Its Position in Lazard (LAZ) in Q1 - Insider Monkey — Insider Monkey neutral
- NEWS Riverwater Sustainable Value Strategy Exited Its Position in Lazard (LAZ) in Q1 - Yahoo Finance — Yahoo Finance neutral
- NEWS M&T Bank Corp Buys 1,356,800 Shares of Lazard, Inc. $LAZ - MarketBeat — MarketBeat positive
- NEWS Lazard Declares Quarterly Dividend Of $0.50 Per Share - Morningstar — Morningstar positive
Generated 2026-06-30T00:04:05Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWCustomertop ten Financial Advisory clients17%10-K Item 1: 'the ten largest fee paying clients constituted approximately 17% of our Financial Advisory segment net revenue'
- LOWCustomertop ten Asset Management clients24%10-K Item 1: 'Our top ten clients accounted for 24% of our total assets under management'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
1 floor-breaker
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $40.37, A.R:R 0.9:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Leverage penalty (D/E 2.4): -1.5; Negative momentum. Chart setup: Death cross, below all MAs, RSI 36, MACD bearish. Prior stop was $37.87. Score 6.1/10, moderate confidence.
Take-profit target: $44.91 (+11.2% upside). Prior stop was $37.87. Stop-loss: $37.87.
Leverage penalty (D/E 2.4): -1.5; Negative momentum; Below 200-MA, MA slope -2.3%/30d (confirmed downtrend).
Lazard, Inc. trades at a P/E of 15.9 (forward 9.0). TrendMatrix value score: 8.5/10. Verdict: Sell.
15 analysts cover LAZ with a consensus score of 3.5/5. Average price target: $52.
What does Lazard, Inc. do?Founded in 1848, Lazard provides M&A, restructuring, and sovereign advisory through its Financial Advisory segment and...
Founded in 1848, Lazard provides M&A, restructuring, and sovereign advisory through its Financial Advisory segment and active investment management through its Asset Management segment, with operations across more than 30 countries. The firm employed 3,309 full-time staff at December 31, 2025; Financial Advisory fees are earned upon transaction completion while Asset Management fees are based on AUM market value.