AutoZone, Inc. (AZO)
NYSE: AZO · IEX Real-Time Price · USD
2,870.00
+37.21 (1.31%)
Jul 2, 2024, 4:00 PM EDT - Market closed
AutoZone Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for AutoZone stock have an average target of 3,112, with a low estimate of 2,600 and a high estimate of 3,394. The average target predicts an increase of 8.43% from the current stock price of 2,870.00.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for AutoZone stock from 19 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 6 | 7 | 7 |
| Buy | 9 | 9 | 9 | 10 | 10 | 10 |
| Hold | 4 | 4 | 4 | 4 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 19 | 19 | 20 | 20 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $3,278 → $3,275 | Buy | Maintains | $3,278 → $3,275 | +14.11% | Jul 2, 2024 |
| Oppenheimer | Oppenheimer | Hold Maintains $2,600 | Hold | Maintains | $2,600 | -9.41% | Jun 26, 2024 |
| Guggenheim | Guggenheim | Strong Buy Maintains $3,150 → $3,225 | Strong Buy | Maintains | $3,150 → $3,225 | +12.37% | Jun 26, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $3,250 → $3,278 | Buy | Maintains | $3,250 → $3,278 | +14.22% | Jun 20, 2024 |
| Barclays | Barclays | Buy Maintains $3,100 → $3,024 | Buy | Maintains | $3,100 → $3,024 | +5.37% | May 23, 2024 |
Financial Forecast
Revenue This Year
18.72B
from 17.46B
Increased by 7.26%
Revenue Next Year
19.40B
from 18.72B
Increased by 3.58%
EPS This Year
153.46
from 132.36
Increased by 15.94%
EPS Next Year
165.71
from 153.46
Increased by 7.98%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.6B | 20.9B | 22.0B | 23.7B | 23.6B |
| Avg | 18.7B | 19.4B | 20.5B | 21.9B | 22.6B |
| Low | 17.8B | 18.2B | 19.3B | 20.8B | 21.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.2% | 11.6% | 13.3% | 15.7% | 7.5% |
| Avg | 7.3% | 3.6% | 5.7% | 6.9% | 3.1% |
| Low | 2.1% | -2.6% | -0.6% | 1.4% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 163.36 | 178.24 | 203.01 | 222.45 | 239.43 |
| Avg | 153.46 | 165.71 | 184.65 | 202.35 | 225.83 |
| Low | 144.70 | 151.39 | 164.20 | 186.28 | 214.78 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.4% | 16.1% | 22.5% | 20.5% | 18.3% |
| Avg | 15.9% | 8.0% | 11.4% | 9.6% | 11.6% |
| Low | 9.3% | -1.3% | -0.9% | 0.9% | 6.1% |
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.