AutoZone, Inc. (AZO)
NYSE: AZO · Real-Time Price · USD
3,253.47
+38.18 (1.19%)
Dec 20, 2024, 4:00 PM EST - Market closed

AutoZone Stock Forecast

Stock Price Forecast

The 18 analysts with 12-month price forecasts for AutoZone stock have an average target of 3,395, with a low estimate of 2,600 and a high estimate of 3,900. The average target predicts an increase of 4.35% from the current stock price of 3,253.47.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $2,600 $3,395 $3,500 $3,900
Change -20.09% +4.35% +7.58% +19.87%

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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 775666
Buy 101011101010
Hold 222222
Sell 000000
Strong Sell 000000
Total 191918181818

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Strong Buy
Maintains
$3,450$3,800
Strong Buy Maintains $3,450$3,800 +16.80% Dec 16, 2024
BMO Capital
BMO Capital
Buy
Initiates
$3,700
Buy Initiates $3,700 +13.72% Dec 13, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$3,450$3,750
Buy Maintains $3,450$3,750 +15.26% Dec 11, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$3,500$3,900
Strong Buy Maintains $3,500$3,900 +19.87% Dec 11, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$3,400$3,450
Buy Maintains $3,400$3,450 +6.04% Dec 11, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
19.01B
from 18.49B
Increased by 2.78%
Revenue Next Year
20.13B
from 19.01B
Increased by 5.91%
EPS This Year
155.37
from 149.55
Increased by 3.89%
EPS Next Year
174.30
from 155.37
Increased by 12.19%
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
12.63B14.63B16.25B17.46B18.49B19.01B20.13B21.50B
Revenue Growth
6.48%15.81%11.09%7.41%5.92%2.78%5.91%6.81%
EPS
71.9395.19117.19132.36149.55155.37174.30193.65
EPS Growth
13.40%32.34%23.11%12.94%12.99%3.89%12.19%11.10%
Forward PE
-----20.9418.6716.80
No. Analysts -----313015
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 20.2B 21.7B 23.2B
Avg 19.0B 20.1B 21.5B
Low 18.0B 18.8B 19.8B

Revenue Growth

Revenue Growth 20252026202720282029
High
9.2%
14.4%
15.2%
Avg
2.8%
5.9%
6.8%
Low
-2.6%
-0.8%
-1.5%

EPS Forecast

EPS 20252026202720282029
High 172.76 191.75 212.34
Avg 155.37 174.30 193.65
Low 143.60 153.84 165.28

EPS Growth

EPS Growth 20252026202720282029
High
15.5%
23.4%
21.8%
Avg
3.9%
12.2%
11.1%
Low
-4.0%
-1.0%
-5.2%
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.