AutoZone (AZO) News Today

AutoZone, Inc. (NYSE:AZO) shares have moved higher today as a wave of analyst upgrades, target‐price increases and bullish commentary outweighed recent downward EPS revisions.

• William Blair raised its Q4 2025 EPS estimate to $52.18 from $51.23, joining DA Davidson in lifting near‐term profit forecasts.
• A broad group of firms—including DA Davidson, BMO Capital Markets, Raymond James, Morgan Stanley, Guggenheim, Jefferies and TD Cowen—boosted price targets and issued buy/outperform/strong‐buy ratings, with top targets now as high as $4,850.
• Market commentary highlights AutoZone’s strong cash flow, aggressive share buybacks and long‐term uptrend, forecasting a move past $4,400 this year.

• BMO Capital Markets and Morgan Stanley simply reaffirmed their “outperform” and “overweight” stances, respectively, keeping guidance unchanged.
• Institutional ownership remains elevated—around 90%—providing steady support for the shares.

• DA Davidson cut its FY2025 EPS forecast to $143.85 (from $147.94) and William Blair trimmed its FY2025 outlook to $148.35, reflecting modest profit‐growth concerns.
• JPMorgan lowered its price target to $4,200, citing margin pressures despite a domestic sales beat.
• AZO shares briefly dipped after the company missed on earnings, underlining near‐term margin and cost‐headwind worries.