Lazard, Inc. (LAZ) Fair Value 2026

LAZ · Capital Markets ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

7.4 /10

32 fundamental signals · 5 models active

Value Trap Risk

SAFE (0/100)

Quick Summary — As of 2026-08-27, Lazard, Inc. (LAZ) trades at $43.22, versus a $32.21 median fair value across its 5 active models — 25.5% below the current price. QOC: 7.4/10. Value Trap Risk: 0/100 (SAFE). 5/13 models active.

Key Facts

Ticker
LAZ
Price
$43.22
Quality Score
7.4/10
Value Trap Risk
0/100
Models Active
5/13
Last Updated
Strength: 5 independent models provide multi-angle coverage
Risk: Majority of models suggest overvaluation

Is Lazard, Inc. (LAZ) Undervalued or Overvalued in 2026?

According to CirclFi’s 5-model valuation engine, Lazard, Inc. (LAZ) appears overvalued as of : the median of 5 independent fair value estimates is $32.21, 25.5% below the current price of $43.22. Estimates range from $20.71 to $78.81. LAZ scores 7.4/10 on fundamental quality and 0/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. LAZ’s -25.5% gap is wider than that market norm, and the Capital Markets sector median is -34.6%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Lazard, Inc. Stock in 2026? →

What Fair Value Does Each Model Give LAZ?

5 Intrinsic Value Models vs. Current Price ($43.22)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $22.05 -49.0%
Ensemble · Low Conviction
 $32.21 -25.5%
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What Is LAZ's Fair Value Range?

Spread across 5 independent models · $20.71 to $78.81

CirclFi's 5 active models place Lazard, Inc. (LAZ) between $20.71 and $78.81 per share, a spread of 180% of the median. The median of that range — $32.21 — is the fair value CirclFi publishes for LAZ, against a current price of $43.22.

Low · Markov DDMHigh · Regime Cross
$20.71median $32.21$78.81
Where the range comes from
Most bearish modelMarkov DDM$20.71
Most bullish modelRegime Cross-Sectional$78.81
Model agreement1 bullish · 4 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for LAZ. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on LAZ, not a CirclFi price target. How each model works →

What Is Lazard, Inc. (LAZ) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Lazard, Inc.'s intrinsic value is estimated at $32.21, suggesting the stock is overvalued at its current price of $43.22. With 4 out of 5 models flagging downside (-25.5% vs price), the market may be pricing in unsustainable growth. The most optimistic model, Regime Cross, places fair value at $78.81 (+82.4%), while Markov DDM — the most conservative — estimates $20.71 (-52.1%). This +134.4% gap reflects genuine analytical uncertainty about Lazard, Inc.'s intrinsic worth.

What Do the Models Say About LAZ?

5 of 13 models are currently active for LAZ. Of these, 1 model suggests upside while 4 models suggest overvaluation. Taken together, their median fair value for LAZ is $32.21 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does LAZ Rank in Capital Markets?

Among 103 Capital Markets stocks, LAZ ranks #27 by Quality of Company score. CirclFi's QOC score of 7.4/10 evaluates 32 fundamental signals. A score of 7.4 indicates above-average quality.

See all Most Undervalued Capital Markets Stocks →

As a banking sector, Lazard, Inc. operates in a sector where net interest margin (NIM) is a critical driver of valuation. Investors evaluating LAZ should weigh these sector-specific dynamics alongside our model-derived fair values.

Is LAZ a Value Trap?

CirclFi's Value Trap algorithm assigns LAZ a score of 0/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

5 of 13 models are active for Lazard, Inc.. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, Lazard, Inc. is rated at 7.4/10. This solid-tier score maintains reasonable quality metrics with some areas for improvement.

The gap between the most bullish and bearish model spans +134.4% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every LAZ valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across LAZ's 5 active models, average confidence is 40%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Lazard, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Capital Markets Stocks Should You Also Analyze?

10 related Capital Markets stocks with 13-model coverage

MCMoelis & CompanyQOC 7.5MRXMarex Group LimitedQOC 7.4PWPPerella Weinberg PartnersQOC 7.6GSThe Goldman Sachs Group, Inc.QOC 7.4BMHLBluemount Holdings LimitedQOC 7.6HGBLHeritage Global Inc.QOC 7.3MARAMARA Holdings, Inc.QOC 5.8CBLOC2 Blockchain, Inc.QOC 4.7FUTUFutu Holdings LimitedQOC 9.8HOODRobinhood Markets, Inc.QOC 9.7

Read investment analysis: MC · MRX · PWP · GS · BMHL · HGBL · MARA · CBLO · FUTU · HOOD

Which Other Stocks Have a Similar Quality Score to LAZ?

7 companies across all industries closest to LAZ’s Quality of Company score of 7.4/10.

USFDUS Foods Holding Corp.QOC 7.4TENBTenable Holdings, Inc.QOC 7.4CRONCronos Group Inc.QOC 7.4WUThe Western Union CompanyQOC 7.4MSGMMotorsport Games Inc.QOC 7.4NROMNoble Roman's, Inc.QOC 7.4NVDANVIDIA CorporationQOC 10.0

Read investment analysis: USFD · TENB · CRON · WU · MSGM · NROM · NVDA

Where Does LAZ Sit in CirclFi's Capital Markets Rankings?

LAZ is ranked against every other Capital Markets stock CirclFi covers in each of these screens.

See all Capital Markets stocks ranked →

What Else Do Investors Ask About Lazard, Inc.’s Valuation?

What is Lazard, Inc.'s intrinsic value in 2026?

CirclFi puts Lazard, Inc. (LAZ)'s intrinsic value at $32.21 — the median of 5 independent model estimates as of 2026-08-27, ranging from $20.71 to $78.81. The Quality of Company score is 7.4/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is LAZ overvalued or undervalued right now?

At $43.22, 1 of 5 active models suggest LAZ may be undervalued, while 4 indicate potential overvaluation. The median of all 5 fair value estimates is $32.21, 25.5% below the current price of $43.22 — a consensus view that LAZ is overvalued. The assessment depends on which methodology best fits Lazard, Inc.'s business model in Capital Markets.

What does a Quality of Company score of 7.4 mean for LAZ?

Lazard, Inc.'s QOC of 7.4/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on LAZ?

CirclFi analyzes LAZ with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 5 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on LAZ?

Of the 5 models currently active on LAZ, Regime Cross-Sectional is the most bullish at $78.81 per share, and Markov DDM is the most bearish at $20.71. CirclFi's published fair value for LAZ is the median of that range, $32.21, not either extreme. The gap between the two ends equals 180% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is LAZ a value trap in 2026?

Lazard, Inc.'s Value Trap score is 0/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 5-model valuation engine, Lazard, Inc. (LAZ) has a median fair value of $32.21 — 25.5% below the current price of $43.22 — as of 2026-08-27.” Source: circlfi.com/stock/LAZ/ · Methodology
Primary sources for this LAZ valuation
  • Financial statements: Lazard, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001311370) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for LAZ as of ; valuations recomputed .

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