AutoZone (AZO) Stock Forecast, Price Target & Predictions
AZO Stock Forecast
AutoZone stock forecast is as follows: an average price target of $2.91K (represents a -6.06% downside from AZO’s last price of $3.10K) and a rating consensus of 'Buy', based on 23 wall street analysts offering a 1-year stock forecast.
AZO Price Target
The average price target for AutoZone (AZO) is $2.91K based on 1-year price targets from 23 Wall Street analysts in the past 3 months, with a price target range of $3.63K to $1.49K. This represents a potential -6.06% downside from AZO's last price of $3.10K.
AZO Analyst Ratings
According to 23 Wall Street analysts, AutoZone's rating consensus is 'Buy'. The analyst rating breakdown for AZO stock is 1 'Strong Buy' (4.35%), 17 'Buy' (73.91%), 4 'Hold' (17.39%), 1 'Sell' (4.35%), and 0 'Strong Sell' (0.00%).
AutoZone Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 16, 2024 | Scott Stember | Roth Capital | - | - | 17.23% | 17.25% |
| Oct 14, 2024 | Kate McShane | Goldman Sachs | - | - | -6.80% | -5.88% |
| Sep 27, 2024 | Bill Selesky | Argus Research | - | - | 11.62% | 14.86% |
| Sep 25, 2024 | Scot Ciccarelli | Truist Financial | - | - | 9.50% | 7.80% |
| Sep 25, 2024 | David Bellinger | Mizuho Securities | - | - | 10.05% | 8.09% |
| Sep 25, 2024 | Steven Zaccone | Citigroup | - | - | 14.98% | 12.93% |
| Sep 24, 2024 | Garrett Nelson | CFRA | - | - | 8.69% | 6.47% |
| Sep 20, 2024 | Seth Basham | Wedbush | - | - | 5.56% | 3.25% |
| Sep 20, 2024 | Brain Nagel | Oppenheimer | - | - | -14.23% | -16.11% |
| Sep 20, 2024 | Greg Melich | Evercore ISI | - | - | 10.19% | 8.09% |
The latest AutoZone stock forecast, released on Oct 16, 2024 by Scott Stember from Roth Capital, set a price target of $3.63K, which represents a 17.23% increase from the stock price at the time of the forecast ($3.10K), and a 17.25% increase from AZO last price ($3.10K).
AutoZone Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 11 | 23 |
| Avg Price Target | - | $3.25K | $3.17K |
| Last Closing Price | $3.10K | $3.10K | $3.10K |
| Upside/Downside | -100.00% | 4.94% | 2.35% |
In the current month, the average price target of AutoZone stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to AutoZone's last price of $3.10K. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 14, 2024 | Goldman Sachs | Buy | Sell | Downgrade |
| Sep 25, 2024 | Guggenheim | Buy | Buy | Hold |
| Sep 25, 2024 | William Blair | Outperform | Outperform | Hold |
| Sep 25, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Sep 25, 2024 | Citigroup | Buy | Buy | Hold |
| Sep 24, 2024 | CFRA | Buy | Buy | Hold |
| Sep 20, 2024 | UBS | Buy | Buy | Hold |
| Sep 20, 2024 | Wedbush | Outperform | Outperform | Hold |
| Sep 20, 2024 | Oppenheimer | Perform | Perform | Hold |
| Sep 20, 2024 | JMP Securities | Market Outperform | Market Outperform | Hold |
AutoZone's last stock rating was published by Goldman Sachs on Oct 14, 2024. The company Downgrade its AZO rating from "Buy" to "Sell".
AutoZone Financial Forecast
AutoZone Revenue Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Feb 22 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Nov 19 | Nov 18 | Nov 17 | May 16 | May 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.87B | - | - | $5.35B | $3.87B | $3.37B | $4.91B | $3.65B | $2.91B | $3.15B | $4.55B | $2.78B | $2.79B | $2.64B | $2.59B | $2.59B | $2.49B |
| Avg Forecast | $6.58B | $4.68B | $4.23B | $4.54B | $6.11B | $4.42B | $3.97B | $4.30B | $6.23B | $3.84B | $4.19B | $5.61B | $4.12B | $3.56B | $3.86B | $5.16B | $3.17B | $3.37B | $4.57B | $3.14B | $4.18B | $2.57B | $2.76B | $3.93B | $2.38B | $3.85B | $3.44B | $3.48B | $2.21B | $2.10B |
| High Forecast | $6.71B | $4.77B | $4.31B | $4.63B | $6.24B | $4.51B | $4.06B | $4.33B | $6.24B | $3.92B | $4.36B | $5.66B | $4.21B | $3.63B | $3.94B | $5.27B | $3.22B | $3.43B | $4.64B | $3.19B | $4.25B | $2.61B | $2.86B | $4.00B | $2.86B | $4.62B | $4.13B | $4.17B | $2.65B | $2.52B |
| Low Forecast | $6.50B | $4.62B | $4.18B | $4.48B | $6.04B | $4.37B | $3.94B | $4.26B | $6.22B | $3.80B | $4.02B | $5.56B | $4.07B | $3.52B | $3.82B | $5.10B | $3.14B | $3.34B | $4.53B | $3.11B | $4.14B | $2.54B | $2.67B | $3.89B | $1.91B | $3.08B | $2.75B | $2.78B | $1.77B | $1.68B |
| # Analysts | 7 | 7 | 13 | 6 | 6 | 6 | 15 | 15 | 10 | 10 | 9 | 12 | 6 | 6 | 6 | 5 | 5 | 5 | 2 | 4 | 5 | 3 | 5 | 3 | 7 | 12 | 13 | 19 | 16 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | - | - | 1.69% | 1.15% | 0.74% | 1.57% | 0.87% | 1.13% | 1.14% | 1.16% | 1.17% | 0.73% | 0.77% | 0.74% | 1.17% | 1.19% |
AutoZone's average Quarter revenue forecast for Aug 23 based on 6 analysts is $4.12B, with a low forecast of $4.07B, and a high forecast of $4.21B. AZO's average Quarter revenue forecast represents a 6.67% increase compared to the company's last Quarter revenue of $3.87B (May 23).
AutoZone EBITDA Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Feb 22 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Nov 19 | Nov 18 | Nov 17 | May 16 | May 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 13 | 6 | 6 | 6 | 15 | 15 | 10 | 10 | 9 | 12 | 6 | 6 | 6 | 5 | 5 | 5 | 2 | 4 | 5 | 3 | 5 | 3 | 7 | 12 | 13 | 19 | 16 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $785.67M | - | - | $1.25B | $887.75M | $726.45M | $1.18B | $897.52M | $576.24M | $704.78M | $1.15B | $583.37M | $589.77M | $570.27M | $546.74M | $604.90M | $576.25M |
| Avg Forecast | $1.52B | $1.08B | $974.27M | $1.05B | $1.41B | $1.02B | $916.37M | $991.29M | $1.44B | $656.17M | $965.55M | $1.29B | $950.54M | $596.52M | $722.51M | $1.19B | $648.87M | $542.29M | $936.97M | $643.27M | $482.45M | $526.66M | $566.70M | $806.00M | $387.61M | $874.14M | $817.46M | $908.87M | $377.71M | $344.89M |
| High Forecast | $1.55B | $1.10B | $993.73M | $1.07B | $1.44B | $1.04B | $937.04M | $998.21M | $1.44B | $787.40M | $1.01B | $1.31B | $969.53M | $715.82M | $867.01M | $1.21B | $659.30M | $650.74M | $952.05M | $653.61M | $578.94M | $535.13M | $586.73M | $818.96M | $465.13M | $1.05B | $980.96M | $1.09B | $453.25M | $413.87M |
| Low Forecast | $1.50B | $1.07B | $962.87M | $1.03B | $1.39B | $1.01B | $907.18M | $982.07M | $1.43B | $524.93M | $925.97M | $1.28B | $939.41M | $477.21M | $578.00M | $1.18B | $642.62M | $433.83M | $927.95M | $637.07M | $385.96M | $521.59M | $546.68M | $798.23M | $310.09M | $699.31M | $653.97M | $727.09M | $302.17M | $275.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.32% | - | - | 1.93% | 1.64% | 0.78% | 1.83% | 1.86% | 1.09% | 1.24% | 1.43% | 1.51% | 0.67% | 0.70% | 0.60% | 1.60% | 1.67% |
6 analysts predict AZO's average Quarter EBITDA for Aug 23 to be $950.54M, with a high of $969.53M and a low of $939.41M. This is 20.98% upper than AutoZone's previous annual EBITDA (May 23) of $785.67M.
AutoZone Net Income Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Feb 22 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Nov 19 | Nov 18 | Nov 17 | May 16 | May 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 13 | 6 | 6 | 6 | 15 | 15 | 10 | 10 | 9 | 12 | 6 | 6 | 6 | 5 | 5 | 5 | 2 | 4 | 5 | 3 | 5 | 3 | 7 | 12 | 13 | 19 | 16 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $647.72M | - | - | $810.04M | $592.57M | $471.75M | $785.77M | $596.16M | $345.95M | $442.43M | $740.46M | $342.90M | $350.34M | $351.41M | $281.00M | $327.51M | $309.07M |
| Avg Forecast | $1.07B | $762.22M | $593.49M | $664.04M | $929.56M | $665.68M | $518.61M | $584.27M | $932.08M | $426.11M | $549.02M | $785.54M | $547.88M | $387.37M | $469.70M | $669.67M | $309.29M | $352.16M | $516.04M | $307.85M | $289.64M | $204.36M | $239.00M | $378.52M | $282.98M | $544.75M | $386.45M | $429.31M | $223.89M | $207.39M |
| High Forecast | $1.10B | $782.02M | $608.90M | $681.29M | $953.70M | $682.97M | $542.97M | $604.79M | $934.93M | $511.33M | $563.28M | $836.91M | $562.11M | $464.85M | $563.64M | $687.07M | $315.76M | $422.59M | $526.84M | $314.29M | $347.56M | $208.63M | $244.00M | $386.44M | $339.58M | $653.70M | $463.74M | $515.17M | $268.67M | $248.86M |
| Low Forecast | $1.05B | $750.63M | $584.46M | $653.94M | $915.42M | $655.55M | $492.02M | $557.14M | $929.23M | $340.89M | $540.67M | $733.91M | $539.55M | $309.90M | $375.76M | $659.49M | $305.42M | $281.73M | $509.58M | $304.00M | $231.71M | $201.80M | $236.01M | $373.78M | $226.38M | $435.80M | $309.16M | $343.44M | $179.11M | $165.91M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.67% | - | - | 2.62% | 1.68% | 0.91% | 2.55% | 2.06% | 1.69% | 1.85% | 1.96% | 1.21% | 0.64% | 0.91% | 0.65% | 1.46% | 1.49% |
AutoZone's average Quarter net income forecast for Aug 23 is $547.88M, with a range of $539.55M to $562.11M. AZO's average Quarter net income forecast represents a -15.41% decrease compared to the company's last Quarter net income of $647.72M (May 23).
AutoZone SG&A Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Feb 22 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Nov 19 | Nov 18 | Nov 17 | May 16 | May 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 13 | 6 | 6 | 6 | 15 | 15 | 10 | 10 | 9 | 12 | 6 | 6 | 6 | 5 | 5 | 5 | 2 | 4 | 5 | 3 | 5 | 3 | 7 | 12 | 13 | 19 | 16 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.22B | - | - | $1.65B | $1.22B | $1.16B | $1.52B | $1.11B | $1.08B | $1.06B | $1.39B | $998.98M | $1.00B | $929.66M | $897.09M | $834.08M | $788.84M |
| Avg Forecast | $2.15B | $1.53B | $1.38B | $1.49B | $2.00B | $1.45B | $1.30B | $1.41B | $2.04B | $1.05B | $1.37B | $1.84B | $1.35B | $951.26M | $990.33M | $1.69B | $1.04B | $864.78M | $1.50B | $1.03B | $902.21M | $841.55M | $905.54M | $1.29B | $905.94M | $1.30B | $1.27B | $1.13B | $791.29M | $743.30M |
| High Forecast | $2.20B | $1.56B | $1.41B | $1.52B | $2.04B | $1.48B | $1.33B | $1.42B | $2.04B | $1.26B | $1.43B | $1.86B | $1.38B | $1.14B | $1.19B | $1.73B | $1.05B | $1.04B | $1.52B | $1.04B | $1.08B | $855.09M | $937.54M | $1.31B | $1.09B | $1.56B | $1.53B | $1.36B | $949.55M | $891.96M |
| Low Forecast | $2.13B | $1.51B | $1.37B | $1.47B | $1.98B | $1.43B | $1.29B | $1.40B | $2.04B | $837.11M | $1.32B | $1.82B | $1.33B | $761.01M | $792.27M | $1.67B | $1.03B | $691.82M | $1.48B | $1.02B | $721.77M | $833.45M | $873.55M | $1.28B | $724.75M | $1.04B | $1.02B | $907.49M | $633.03M | $594.64M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.28% | - | - | 1.59% | 1.41% | 0.77% | 1.48% | 1.23% | 1.28% | 1.17% | 1.08% | 1.10% | 0.77% | 0.73% | 0.79% | 1.05% | 1.06% |
AutoZone's average Quarter SG&A projection for Aug 23 is $1.35B, based on 6 Wall Street analysts, with a range of $1.33B to $1.38B. The forecast indicates a 10.62% rise compared to AZO last annual SG&A of $1.22B (May 23).
AutoZone EPS Forecast
| Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Feb 22 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Nov 19 | Nov 18 | Nov 17 | May 16 | May 15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 7 | 13 | 6 | 6 | 6 | 15 | 15 | 10 | 10 | 9 | 12 | 6 | 6 | 6 | 5 | 5 | 5 | 2 | 4 | 5 | 3 | 5 | 3 | 7 | 12 | 13 | 19 | 16 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $29.93 | - | - | $41.81 | $29.93 | $23.00 | $36.72 | $27.15 | $15.27 | $19.05 | $31.67 | $14.66 | $14.67 | $13.71 | $10.17 | $10.99 | $9.77 |
| Avg Forecast | $61.51 | $43.83 | $34.13 | $38.19 | $53.46 | $38.28 | $29.82 | $33.60 | $53.60 | $26.25 | $31.57 | $45.17 | $31.51 | $21.96 | $25.26 | $38.51 | $17.79 | $20.98 | $29.68 | $17.70 | $25.15 | $11.75 | $13.74 | $21.77 | $11.11 | $21.01 | $17.30 | $14.95 | $7.13 | $6.25 |
| High Forecast | $63.11 | $44.97 | $35.02 | $39.18 | $54.85 | $39.28 | $31.22 | $34.78 | $53.77 | $26.93 | $32.39 | $48.13 | $32.33 | $22.53 | $25.91 | $39.51 | $18.16 | $21.42 | $30.30 | $18.07 | $25.67 | $12.00 | $14.03 | $22.22 | $13.33 | $25.21 | $20.76 | $17.94 | $8.56 | $7.50 |
| Low Forecast | $60.57 | $43.17 | $33.61 | $37.61 | $52.64 | $37.70 | $28.29 | $32.04 | $53.44 | $25.85 | $31.09 | $42.21 | $31.03 | $21.63 | $24.87 | $37.93 | $17.56 | $20.71 | $29.30 | $17.48 | $24.83 | $11.61 | $13.57 | $21.50 | $8.89 | $16.81 | $13.84 | $11.96 | $5.70 | $5.00 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.36% | - | - | 2.35% | 1.43% | 0.78% | 2.07% | 1.08% | 1.30% | 1.39% | 1.45% | 1.32% | 0.70% | 0.79% | 0.68% | 1.54% | 1.56% |
According to 6 Wall Street analysts, AutoZone's projected average Quarter EPS for Aug 23 is $31.51, with a low estimate of $31.03 and a high estimate of $32.33. This represents a 5.27% increase compared to AZO previous annual EPS of $29.93 (May 23).
AutoZone Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AAP | Advance Auto Parts | - | - | 278.33% | Hold |
| WOOF | Petco Health and Wellness Company | - | - | 125.90% | Buy |
| FIVE | Five Below | - | - | 70.64% | Buy |
| ULTA | Ulta Beauty | - | - | 32.08% | Hold |
| GPC | Genuine Parts Company | - | - | 25.48% | Hold |
| WSM | Williams-Sonoma | - | - | 16.94% | Hold |
| RH | RH | - | - | 12.68% | Buy |
| DKS | DICK'S Sporting Goods | - | - | 7.49% | Buy |
| BBY | Best Buy | - | - | 7.43% | Buy |
| AZO | AutoZone | - | - | -6.06% | Buy |
| TSCO | Tractor Supply Company | - | - | -7.24% | Buy |