Advance Auto Parts (AAP) Expected to Post Earnings on Thursday

Key Points

• Advance Auto Parts is expected to report Q3 2026 results before the market opens Thursday, November 5. Analysts project earnings of $0.776 per share on $2.04 billion in revenue, while full-year guidance stands at $2.60–$3.30 EPS.
• The company’s previous quarter exceeded earnings expectations, posting $1.03 EPS versus the $0.81 consensus, but revenue fell 0.5% year over year to approximately $2.0 billion.
• Analyst sentiment remains cautious: the stock carries an average “Reduce” rating and a $47.61 price target, while Rothschild & Co. Redburn recently downgraded it to “sell” and cut its target to $32. Shares recently traded at $45.61, and the company maintains a $0.25 quarterly dividend.

Advance Auto Parts (NYSE:AAP - Get Free Report) is projected to release its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Advance Auto Parts to announce earnings of $0.7760 per share and revenue of $2.04 billion for the quarter. Advance Auto Parts has set its FY 2026 guidance at 2.600-3.300 EPS. Parties may review the information on the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:00 AM ET.

Advance Auto Parts (NYSE:AAP - Get Free Report) last posted its quarterly earnings results on Thursday, August 20th. The company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.22. Advance Auto Parts had a return on equity of 9.84% and a net margin of 0.97%. The company had revenue of $2 billion for the quarter, compared to analysts' expectations of $2.04 billion. During the same quarter in the prior year, the company earned $0.69 earnings per share. The firm's revenue was down .5% on a year-over-year basis. On average, analysts expect Advance Auto Parts to post $2.95 EPS for the current fiscal year and $3.75 EPS for the next fiscal year.

Advance Auto Parts Price Performance

Shares of NYSE:AAP opened at $45.61 on Thursday. The company has a market capitalization of $2.75 billion, a PE ratio of 33.29, a price-to-earnings-growth ratio of 0.76 and a beta of 1.07. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.85 and a current ratio of 1.75. The stock has a fifty day moving average of $43.02 and a 200-day moving average of $51.57. Advance Auto Parts has a one year low of $37.89 and a one year high of $65.20.

Advance Auto Parts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 23rd. Investors of record on Friday, October 9th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Friday, October 9th. Advance Auto Parts's payout ratio is presently 72.99%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on AAP shares. UBS Group cut their target price on Advance Auto Parts from $65.00 to $47.00 and set a "neutral" rating on the stock in a research report on Friday, August 21st. JPMorgan Chase & Co. decreased their price target on Advance Auto Parts from $65.00 to $55.00 and set a "neutral" rating for the company in a research report on Friday, August 21st. Royal Bank Of Canada decreased their price target on Advance Auto Parts from $52.00 to $49.00 and set a "sector perform" rating for the company in a research report on Friday, October 23rd. TD Cowen dropped their price target on Advance Auto Parts from $61.00 to $45.00 and set a "hold" rating on the stock in a research note on Thursday, August 20th. Finally, Rothschild & Co Redburn downgraded Advance Auto Parts from a "neutral" rating to a "sell" rating and cut their price objective for the stock from $45.00 to $32.00 in a report on Monday. Two analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Reduce" and an average price target of $47.61.

Advance Auto Parts News Roundup

Here are the key news stories impacting Advance Auto Parts this week:

• Positive Sentiment: Director Cynthia Jamison acquired 19.728 shares through dividend reinvestment, signaling continued participation in the company’s shareholder-return program. However, the transaction is small and is unlikely to materially affect valuation. Advance Auto Parts Director Cynthia Jamison Acquires 19.728 Shares Through Dividend Reinvestment
• Neutral Sentiment: Bank of America began coverage of Advance Auto Parts. The initial coverage could increase institutional attention, although no recommendation or price target was provided in the available report. Bank of America Begins Coverage on Advance Auto Parts
• Neutral Sentiment: Analyst comparisons highlight AAP’s more than 4,300-store network and focus on the essential professional repair market. The company is also pursuing a supply-chain transformation to improve service for professional installers and do-it-yourself customers, but the articles contrast this strategy with faster-growing competitors. Advance Auto Parts vs. Five Below: Expand or Revamp? Advance Auto Parts vs. DoorDash
• Negative Sentiment: Rothschild & Co. Redburn downgraded AAP from “neutral” to “sell” and cut its price target from $45 to $32, implying approximately 30% downside from the cited share price. This is the clearest immediate negative catalyst. Rothschild & Co. Redburn Downgrade
• Negative Sentiment: Recent comparisons with Booking Holdings, Chewy, and Airbnb describe AAP’s revenue as largely flat or slightly declining over recent quarters, while those companies posted stronger growth. The weak top-line trend reinforces concerns about execution and competitive positioning. Advance Auto Parts vs. Booking Holdings

Advance Auto Parts Company Profile

Advance Auto Parts, Inc is a specialty retailer and distributor of automotive aftermarket parts, accessories, and maintenance products. The company serves both do-it-yourself customers and professional repair shops, offering products such as replacement parts, batteries, engine and drivetrain components, filters, fluids, tools, and other automotive supplies.

The company operates through a network of stores, distribution centers, and online channels under the Advance Auto Parts and Carquest brands.

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