AutoZone, Inc. (AZO)
NYSE: AZO · IEX Real-Time Price · USD
2,988.51
+27.47 (0.93%)
Apr 24, 2024, 4:00 PM EDT - Market closed
AutoZone Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for AutoZone stock have an average target of 3,101, with a low estimate of 2,465 and a high estimate of 3,523. The average target predicts an increase of 3.77% from the current stock price of 2,988.51.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AutoZone stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 6 | 6 |
| Buy | 9 | 9 | 9 | 9 | 9 | 9 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 18 | 18 | 18 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $3,400 → $3,346 | Buy | Maintains | $3,400 → $3,346 | +11.96% | Apr 16, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $3,363 → $3,523 | Strong Buy | Maintains | $3,363 → $3,523 | +17.88% | Apr 2, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $3,375 → $3,400 | Buy | Maintains | $3,375 → $3,400 | +13.77% | Mar 26, 2024 |
| Mizuho | Mizuho | Strong Buy Initiates $3,450 | Strong Buy | Initiates | $3,450 | +15.44% | Mar 19, 2024 |
| Barclays | Barclays | Buy Maintains $2,779 → $3,100 | Buy | Maintains | $2,779 → $3,100 | +3.73% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
18.87B
from 17.46B
Increased by 8.11%
Revenue Next Year
19.64B
from 18.87B
Increased by 4.05%
EPS This Year
154.68
from 132.36
Increased by 16.86%
EPS Next Year
168.85
from 154.68
Increased by 9.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 19.9B | 21.1B | 22.3B | 24.9B | 23.6B |
| Avg | 18.9B | 19.6B | 20.8B | 22.2B | 22.4B |
| Low | 18.0B | 18.3B | 19.5B | 20.6B | 21.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.8% | 11.9% | 13.7% | 19.4% | 6.5% |
| Avg | 8.1% | 4.1% | 5.9% | 6.8% | 0.8% |
| Low | 2.9% | -2.9% | -0.5% | -1.2% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 166.79 | 184.44 | 214.75 | 236.29 | 265.14 |
| Avg | 154.68 | 168.85 | 188.63 | 213.94 | 234.94 |
| Low | 145.00 | 150.86 | 164.88 | 184.95 | 208.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.0% | 19.2% | 27.2% | 25.3% | 23.9% |
| Avg | 16.9% | 9.2% | 11.7% | 13.4% | 9.8% |
| Low | 9.6% | -2.5% | -2.4% | -2.0% | -2.6% |
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.