Advance Auto Parts, Inc. (AAP)
NYSE: AAP · Real-Time Price · USD
41.43
+1.95 (4.94%)
Sep 13, 2024, 4:00 PM EDT - Market closed
Advance Auto Parts Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Advance Auto Parts stock have an average target of 55.15, with a low estimate of 38 and a high estimate of 73. The average target predicts an increase of 33.12% from the current stock price of 41.43.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for AAP stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 18 | 18 | 15 | 14 | 13 | 13 |
| Sell | 2 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 20 | 17 | 15 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $50 → $40 | Hold | Maintains | $50 → $40 | -3.45% | Sep 13, 2024 |
| Mizuho | Mizuho | Hold Maintains $45 → $38 | Hold | Maintains | $45 → $38 | -8.28% | Sep 12, 2024 |
| Mizuho | Mizuho | Hold Maintains $64 → $45 | Hold | Maintains | $64 → $45 | +8.62% | Aug 26, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $55 → $43 | Hold | Maintains | $55 → $43 | +3.79% | Aug 23, 2024 |
| UBS | UBS | Hold Maintains $64 → $56 | Hold | Maintains | $64 → $56 | +35.17% | Aug 23, 2024 |
Financial Forecast
Revenue This Year
11.28B
from 11.29B
Decreased by -0.05%
Revenue Next Year
10.91B
from 11.28B
Decreased by -3.32%
EPS This Year
2.23
from 0.50
Increased by 345.92%
EPS Next Year
2.85
from 2.23
Increased by 27.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.8B | 12.2B | 12.3B | ||
| Avg | 11.3B | 10.9B | 11.0B | ||
| Low | 10.1B | 8.9B | 9.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.7% | 8.1% | 12.9% | ||
| Avg | -0.0% | -3.3% | 0.9% | ||
| Low | -10.9% | -21.3% | -17.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.76 | 4.52 | 5.86 | ||
| Avg | 2.23 | 2.85 | 3.57 | ||
| Low | 1.69 | 1.53 | 1.98 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 651.8% | 102.5% | 105.8% | ||
| Avg | 345.9% | 27.7% | 25.6% | ||
| Low | 237.1% | -31.4% | -30.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.