AutoZone, Inc. (AZO)
NYSE: AZO · Real-Time Price · USD
3,196.38
+136.55 (4.46%)
Nov 6, 2024, 4:00 PM EST - Market closed

AutoZone Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for AutoZone stock have an average target of 3,213, with a low estimate of 2,600 and a high estimate of 3,634. The average target predicts an increase of 0.53% from the current stock price of 3,196.38.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $2,600 $3,213 $3,200 $3,634
Change -18.66% +0.53% +0.11% +13.69%

Analyst Ratings

The average analyst rating for AutoZone stock from 18 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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 677756
Buy 101010101110
Hold 432222
Sell 000000
Strong Sell 000000
Total 202019191818

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth MKM
Roth MKM
Strong Buy
Initiates
$3,634
Strong Buy Initiates $3,634 +13.69% Oct 16, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$3,341$3,501
Strong Buy Maintains $3,341$3,501 +9.53% Oct 14, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$3,300$3,350
Buy Maintains $3,300$3,350 +4.81% Oct 3, 2024
DA Davidson
DA Davidson
Hold
Maintains
$3,025
Hold Maintains $3,025 -5.36% Sep 30, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$3,787$3,500
Strong Buy Maintains $3,787$3,500 +9.50% Sep 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
19.04B
from 18.49B
Increased by 2.98%
Revenue Next Year
20.17B
from 19.04B
Increased by 5.93%
EPS This Year
157.14
from 149.55
Increased by 5.07%
EPS Next Year
177.18
from 157.14
Increased by 12.76%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Aug 29, 2020 Aug 28, 2021 Aug 27, 2022 Aug 26, 2023 Aug 31, 2024 Aug 31, 2025 Aug 31, 2026 Aug 31, 2027
Revenue
12.63B14.63B16.25B17.46B18.49B19.04B20.17B21.51B
Revenue Growth
6.48%15.81%11.09%7.41%5.92%2.98%5.93%6.65%
EPS
71.9395.19117.19132.36149.55157.14177.18195.26
EPS Growth
13.40%32.34%23.11%12.94%12.99%5.07%12.76%10.20%
Forward PE
-----20.3418.0416.37
No. Analysts -----312913
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 20.2B 22.1B 23.3B
Avg 19.0B 20.2B 21.5B
Low 18.1B 18.9B 19.9B

Revenue Growth

Revenue Growth 20252026202720282029
High
9.1%
16.2%
15.6%
Avg
3.0%
5.9%
6.7%
Low
-2.4%
-0.7%
-1.4%

EPS Forecast

EPS 20252026202720282029
High 172.76 194.58 216.38
Avg 157.14 177.18 195.26
Low 146.08 158.15 170.17

EPS Growth

EPS Growth 20252026202720282029
High
15.5%
23.8%
22.1%
Avg
5.1%
12.8%
10.2%
Low
-2.3%
0.6%
-4.0%
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.