Advance Auto Parts, Inc. (AAP)
NYSE: AAP · IEX Real-Time Price · USD
85.09
-0.23 (-0.27%)
At close: Mar 28, 2024, 4:00 PM
85.83
+0.74 (0.87%)
After-hours: Mar 28, 2024, 6:38 PM EDT

Advance Auto Parts Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Advance Auto Parts stock have an average target of 64.41, with a low estimate of 43 and a high estimate of 83. The average target predicts a decrease of -24.30% from the current stock price of 85.09.

Analyst Consensus: Hold
Target Low Average Median High
Price $43 $64.41 $66 $83
Change -49.47% -24.30% -22.44% -2.46%

Analyst Ratings

The average analyst rating for AAP stock from 20 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 110000
Buy 000000
Hold 202020201918
Sell 122222
Strong Sell 000000
Total 222322222120

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$74$83
Hold Maintains $74$83 -2.46% Mar 26, 2024
Mizuho
Mizuho
Hold
Initiates
$78
Hold Initiates $78 -8.33% Mar 19, 2024
RBC Capital
RBC Capital
Hold
Maintains
$47$68
Hold Maintains $47$68 -20.08% Feb 29, 2024
JP Morgan
JP Morgan
Hold
Maintains
$55$68
Hold Maintains $55$68 -20.08% Feb 29, 2024
Barclays
Barclays
Hold
Maintains
$56$66
Hold Maintains $56$66 -22.44% Feb 29, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
11.49B
from 11.29B
Increased by 1.81%
Revenue Next Year
11.69B
from 11.49B
Increased by 1.74%
EPS This Year
3.78
from 0.50
Increased by 656.49%
EPS Next Year
4.51
from 3.78
Increased by 19.21%
Year 2019202020212022202320242025202620272028
Revenue
9.71B10.11B11.00B11.15B11.29B11.49B11.69B11.94B12.48B12.84B
Revenue Growth
1.34%4.09%8.82%1.43%1.19%1.81%1.74%2.12%4.51%2.90%
EPS
6.847.149.257.650.503.784.515.095.486.18
EPS Growth
19.37%4.39%29.55%-17.30%-93.46%656.49%19.21%12.83%7.80%12.71%
No. Analysts -----28271222
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 12.1B 12.4B 12.6B 13.0B 13.4B
Avg 11.5B 11.7B 11.9B 12.5B 12.8B
Low 11.1B 11.2B 11.3B 12.1B 12.5B

Revenue Growth

Revenue Growth 20242025202620272028
High
7.1%
7.9%
8.1%
8.7%
7.0%
Avg
1.8%
1.7%
2.1%
4.5%
2.9%
Low
-1.7%
-2.5%
-3.7%
1.4%
-0.2%

EPS Forecast

EPS 20242025202620272028
High 5.65 6.01 7.65 5.70 6.43
Avg 3.78 4.51 5.09 5.48 6.18
Low 2.40 2.45 2.65 5.32 6.00

EPS Growth

EPS Growth 20242025202620272028
High
1,029.8%
58.8%
69.8%
12.1%
17.2%
Avg
656.5%
19.2%
12.8%
7.8%
12.7%
Low
380.4%
-35.1%
-41.1%
4.6%
9.4%
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.