Autozone

AZO · NYSE

$3,160.18+$62.30 (+2.01%)TodayMarket closed · Oct 20, 7:55 PM ET

Prev close $3,097.88

AZO analyst rating

BuyConsensus of 22 analysts over the last 12 months. 86% rate it a buy.

Strong buy1
Buy18
Hold3
Underperform0
Sell0

12-month price target · 26 analysts

Average $3,785.93 (+19.8% upside)

Low: $3,030.00
Now: $3,160.18
High: $5,040.00

Upgrades and downgrades

The latest rating actions, newest first

AZO analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Bernstein	Sep 29, 2026	Initiates	Outperform	$3,698.00	36%
JP Morgan	Sep 28, 2026	Maintains	Overweight	$3,850.00 → $3,700.00	64%
Roth Capital	Sep 23, 2026	Maintains	Buy	$4,023.00 → $3,850.00	49%
Truist Securities	Sep 23, 2026	Maintains	Buy	$3,817.00 → $3,648.00	62%
TD Cowen	Sep 23, 2026	Maintains	Buy	$3,500.00 → $3,400.00	54%
DA Davidson	Sep 23, 2026	Maintains	Buy	$3,750.00 → $3,500.00	62%
Raymond James	Sep 23, 2026	Maintains	Strong Buy	$4,000.00 → $3,700.00	61%
Mizuho	Sep 23, 2026	Maintains	Neutral	$3,200.00 → $3,000.00	41%
BMO Capital	Sep 23, 2026	Maintains	Outperform	$4,000.00 → $3,500.00	40%
Barclays	Sep 23, 2026	Maintains	Overweight	$3,637.00 → $3,400.00	55%

The case for and against

Updated Oct 14, 2026

Bull case

AutoZone is viewed favorably because its core commercial business remains resilient, with domestic DIFM sales around 6% and commercial growth near 8.6%, while Mega Hub expansion and new-store economics add a durable growth engine. Even with DIY comps slipping to -0.6%, the company showed improving intra-quarter momentum, and its 7,600-plus store base, 86% U.S. revenue mix, and disciplined capital allocation support continued share gains and cash returns. Financially, AutoZone maintained gross margin strength, posted about $20 billion in fiscal 2026 sales, and is positioned for margin and operating income leverage as SG&A growth normalizes and buybacks continue.

Bear case

AutoZone is facing a softer fundamental setup as 4Q26 domestic comps of 1.6% missed expectations, with DIY comps down 0.6% amid weaker traffic and a lower-income consumer deferring maintenance. While DIFM remains stronger at an estimated 6.1% comp and management still expects ticket inflation near 4% in FY27, growth is decelerating from 3Q and appears vulnerable to tougher competition, channel mix shifts, and a weaker consumer backdrop. Those pressures could keep revenue growth and margins under strain, especially as 4Q26 revenue of $6.59 billion fell below Street estimates and ongoing tariff, wage, and SG&A risks threaten EBIT expansion.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.