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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 20 | 20 | 20 | 20 | 19 | 18 |
Sell | 1 | 2 | 2 | 2 | 2 | 2 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 22 | 23 | 22 | 22 | 21 | 20 |
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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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.