AutoZone (NYSE:AZO) Price Target Raised to $4,800.00

Key Points

• Roth Capital increased its price target for AutoZone's stock from $4,135.00 to $4,800.00, indicating a potential upside of 16.30% from the previous close.
• Multiple analysts have upgraded their target prices for AutoZone, with JPMorgan Chase raising its target to $4,850.00 and Evercore ISI to $4,500.00, reflecting positive sentiment in the market.
• AutoZone's stock is highly rated, with three analysts giving it a Strong Buy rating and twenty issuing a Buy rating, contributing to an average target price of $4,399.18.

AutoZone (NYSE:AZO - Get Free Report) had its price objective raised by analysts at Roth Capital from $4,135.00 to $4,800.00 in a report released on Friday,Benzinga reports. The firm presently has a "buy" rating on the stock. Roth Capital's price objective would indicate a potential upside of 16.15% from the stock's previous close. Roth Capital also issued estimates for AutoZone's Q4 2025 earnings at $50.82 EPS, Q3 2026 earnings at $41.79 EPS and Q4 2026 earnings at $58.25 EPS.

Several other equities analysts have also recently weighed in on the stock. Raymond James Financial reaffirmed a "strong-buy" rating and set a $4,900.00 price target (up from $4,200.00) on shares of AutoZone in a research note on Tuesday, September 16th. Citigroup boosted their price target on AutoZone from $3,900.00 to $4,900.00 and gave the company a "buy" rating in a research note on Wednesday, September 3rd. The Goldman Sachs Group set a $3,811.00 target price on AutoZone in a research report on Friday, May 23rd. BMO Capital Markets reaffirmed an "outperform" rating and issued a $4,100.00 price objective (up from $3,850.00) on shares of AutoZone in a research note on Wednesday, May 28th. Finally, Mizuho lifted their price objective on AutoZone from $3,740.00 to $4,050.00 and gave the stock an "outperform" rating in a research note on Thursday, July 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, AutoZone has a consensus rating of "Buy" and a consensus target price of $4,399.18.

AutoZone Stock Performance

NYSE AZO traded down $0.11 during trading hours on Friday, reaching $4,132.72. 184,590 shares of the company's stock were exchanged, compared to its average volume of 111,626. The company has a market capitalization of $69.35 billion, a price-to-earnings ratio of 27.97, a price-to-earnings-growth ratio of 2.29 and a beta of 0.41. AutoZone has a one year low of $2,898.57 and a one year high of $4,388.11. The company's 50-day moving average is $4,034.29 and its two-hundred day moving average is $3,801.55.

Insider Buying and Selling at AutoZone

In related news, VP Richard Craig Smith sold 3,000 shares of AutoZone stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $3,875.90, for a total transaction of $11,627,700.00. Following the sale, the vice president directly owned 2,925 shares in the company, valued at $11,337,007.50. The trade was a 50.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 2.10% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of AZO. Forum Financial Management LP increased its position in shares of AutoZone by 2.2% during the fourth quarter. Forum Financial Management LP now owns 138 shares of the company's stock worth $443,000 after acquiring an additional 3 shares during the period. Wealthcare Advisory Partners LLC boosted its stake in AutoZone by 2.2% in the first quarter. Wealthcare Advisory Partners LLC now owns 141 shares of the company's stock valued at $538,000 after acquiring an additional 3 shares in the last quarter. Focus Financial Network Inc. boosted its stake in AutoZone by 2.9% in the first quarter. Focus Financial Network Inc. now owns 105 shares of the company's stock valued at $400,000 after acquiring an additional 3 shares in the last quarter. Blue Trust Inc. boosted its stake in AutoZone by 3.5% in the first quarter. Blue Trust Inc. now owns 89 shares of the company's stock valued at $339,000 after acquiring an additional 3 shares in the last quarter. Finally, Rappaport Reiches Capital Management LLC boosted its stake in shares of AutoZone by 4.8% during the first quarter. Rappaport Reiches Capital Management LLC now owns 66 shares of the company's stock worth $252,000 after buying an additional 3 shares during the period. Hedge funds and other institutional investors own 92.74% of the company's stock.

About AutoZone

AutoZone, Inc retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company provides various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.