AutoZone (AZO) Stock Forecast & Price Target

Q: What analysts cover AutoZone?

AutoZone has been rated by research analysts at Barclays , BMO Capital Markets , Citigroup , DA Davidson , Evercore , Guggenheim , JPMorgan Chase & Co. , Mizuho , Morgan Stanley , Oppenheimer , Piper Sandler , Raymond James Financial , Robert W. Baird , Roth Capital , Sanford C. Bernstein , TD Cowen , The Goldman Sachs Group , Truist Financial , UBS Group , Weiss Ratings , and Wells Fargo & Company in the past 90 days.

$3,056.59 +144.97 (+4.98%)

As of 12:26 PM Eastern

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AutoZone - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 27 Analyst Ratings

Sell
0

Hold
7

Buy
20

Based on 27 Wall Street analysts who have issued ratings for AutoZone in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 27 analysts, 7 have given a hold rating, 18 have given a buy rating, and 2 have given a strong buy rating for AZO.

Consensus Price Target

$3,669.13
20.04% Upside

According to the 27 analysts' twelve-month price targets for AutoZone, the average price target is $3,669.13. The highest price target for AZO is $4,487.00, while the lowest price target for AZO is $3,000.00. The average price target represents a forecasted upside of 20.04% from the current price of $3,056.59.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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AZO Analyst Ratings Over Time

Type	Current Forecast 10/15/25 to 10/15/26	1 Month Ago 9/15/25 to 9/15/26	3 Months Ago 7/17/25 to 7/17/26	1 Year Ago 10/15/24 to 10/15/25
Strong Buy	2 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	18 Buy rating(s)	20 Buy rating(s)	20 Buy rating(s)	22 Buy rating(s)
Hold	7 Hold rating(s)	6 Hold rating(s)	6 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$3,669.13	$3,946.96	$4,040.87	$4,577.25
Forecasted Upside	20.04% Upside	37.97% Upside	32.63% Upside	13.54% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

AZO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

AZO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

AutoZone Stock vs. The Competition

Type	AutoZone	Consumer Discretionary Companies	Broader Market
Consensus Rating Score	2.81	2.20	2.53
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	25.98% Upside	253.46% Upside	19.53% Upside
News Sentiment Rating	Positive News See Recent AZO News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

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Rating

Upside/Downside

Action

Report Date

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Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/29/2026	Sanford C. Bernstein 3 of 5 stars	Zhihan Ma Not Rated	Initiated Coverage	Outperform	$3,698.00	+26.74%
9/29/2026	Morgan Stanley 3 of 5 stars	Simeon Gutman 2 of 5 stars	Downgrade	Overweight ➝ Market Perform
9/28/2026	JPMorgan Chase & Co. 3 of 5 stars	Christopher Horvers 3 of 5 stars	Lower Target	Overweight	$3,850.00 ➝ $3,700.00	+28.91%
9/23/2026	Raymond James Financial Subscribe to MarketBeat All Access to unlock brokerage rankings	Bobby Griffin Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Strong-Buy	$4,000.00 ➝ $3,700.00	+27.98%
9/23/2026	UBS Group Subscribe to MarketBeat All Access to unlock brokerage rankings	Michael Lasser Subscribe to MarketBeat All Access to unlock analyst rankings	Set Target		$3,850.00	+38.12%
9/23/2026	Truist Financial Subscribe to MarketBeat All Access to unlock brokerage rankings	Scot Ciccarelli Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Buy	$3,817.00 ➝ $3,648.00	+29.73%
9/23/2026	Guggenheim Subscribe to MarketBeat All Access to unlock brokerage rankings	Steven Forbes Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Buy	$4,000.00 ➝ $3,750.00	+29.71%
9/23/2026	Oppenheimer Subscribe to MarketBeat All Access to unlock brokerage rankings	Brian Nagel Subscribe to MarketBeat All Access to unlock analyst rankings	Set Target		$3,400.00	+17.61%
9/23/2026	Barclays Subscribe to MarketBeat All Access to unlock brokerage rankings	Seth Sigman Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Overweight	$3,637.00 ➝ $3,400.00	+17.61%
9/23/2026	Evercore Subscribe to MarketBeat All Access to unlock brokerage rankings		Reiterated Rating	Outperform
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9/23/2026	TD Cowen Subscribe to MarketBeat All Access to unlock brokerage rankings	Max Rakhlenko Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Buy	$3,500.00 ➝ $3,400.00	+17.61%
9/23/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access to unlock brokerage rankings		Lower Target	Buy	$4,096.00 ➝ $3,917.00	+37.53%
9/23/2026	Roth Capital Subscribe to MarketBeat All Access to unlock brokerage rankings	Scott Stember Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Buy	$4,023.00 ➝ $3,850.00	+33.74%
9/23/2026	DA Davidson Subscribe to MarketBeat All Access to unlock brokerage rankings	Michael Baker Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Buy	$3,750.00 ➝ $3,500.00	+24.16%
9/23/2026	BMO Capital Markets Subscribe to MarketBeat All Access to unlock brokerage rankings	Tristan Thomas-Martin Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Outperform	$4,000.00 ➝ $3,500.00	+21.07%
9/23/2026	Mizuho Subscribe to MarketBeat All Access to unlock brokerage rankings	David Bellinger Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Neutral	$3,200.00 ➝ $3,000.00	+3.77%
9/23/2026	Robert W. Baird Subscribe to MarketBeat All Access to unlock brokerage rankings	Justin Kleber Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Neutral	$3,600.00 ➝ $3,400.00	+17.61%
9/14/2026	Citigroup Subscribe to MarketBeat All Access to unlock brokerage rankings	Steven Zaccone Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Buy	$3,700.00 ➝ $3,450.00	+19.93%
9/10/2026	Wells Fargo & Company Subscribe to MarketBeat All Access to unlock brokerage rankings	Zachary Fadem Subscribe to MarketBeat All Access to unlock analyst rankings	Lower Target	Overweight	$4,150.00 ➝ $3,500.00	+19.95%
8/31/2026	Piper Sandler Subscribe to MarketBeat All Access to unlock brokerage rankings		Set Target		$3,500.00	+17.30%
7/23/2026	Weiss Ratings Subscribe to MarketBeat All Access to unlock brokerage rankings		Downgrade	Hold (C+) ➝ Hold (C)
5/27/2026	Jefferies Financial Group Subscribe to MarketBeat All Access to unlock brokerage rankings		Lower Target	Buy	$4,400.00 ➝ $4,000.00	+34.82%
5/27/2026	BNP Paribas Exane Subscribe to MarketBeat All Access to unlock brokerage rankings		Lower Target	Outperform	$4,478.00 ➝ $3,979.00	+34.44%
3/9/2026	Argus Subscribe to MarketBeat All Access to unlock brokerage rankings	Bill Selesky Subscribe to MarketBeat All Access to unlock analyst rankings	Upgrade	Hold ➝ Buy	$4,325.00	+18.79%
12/16/2025	Wolfe Research Subscribe to MarketBeat All Access to unlock brokerage rankings	Spencer Hanus Subscribe to MarketBeat All Access to unlock analyst rankings	Downgrade	Outperform ➝ Peer Perform
11/24/2025	Zacks Research Subscribe to MarketBeat All Access to unlock brokerage rankings		Upgrade	Strong Sell ➝ Hold
11/6/2025	Gabelli Subscribe to MarketBeat All Access to unlock brokerage rankings		Reiterated Rating	Buy
10/31/2025	Erste Group Bank Subscribe to MarketBeat All Access to unlock brokerage rankings		Downgrade	Buy ➝ Hold
10/7/2025	Rothschild & Co Redburn Subscribe to MarketBeat All Access to unlock brokerage rankings		Boost Target	Buy	$4,300.00 ➝ $4,700.00	+15.25%
5/21/2025	Bank of America Subscribe to MarketBeat All Access to unlock brokerage rankings	Elizabeth Suzuki Subscribe to MarketBeat All Access to unlock analyst rankings	Upgrade	Neutral ➝ Buy	$3,900.00 ➝ $4,800.00	+23.72%
3/5/2025	Wedbush Subscribe to MarketBeat All Access to unlock brokerage rankings	Seth Basham Subscribe to MarketBeat All Access to unlock analyst rankings	Reiterated Rating	Outperform	$3,700.00 ➝ $3,700.00	+5.62%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:26 PM ET.

Should I Buy AutoZone Stock? AZO Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, October 7, 2026. Please send any questions or comments about these AutoZone pros and cons to contact@marketbeat.com.

AutoZone
Bull Case

Here are some ways that investors could benefit from investing in AutoZone, Inc.:

AutoZone, Inc. recently reported a significant earnings beat for the quarter ended September 22, 2026, posting earnings per share of $56.05, which exceeded the analyst consensus estimate of $0.54 by a substantial margin, indicating strong operational performance and profitability relative to market expectations.
The stock is currently trading at $2,851.56, which is well below the consensus price target of $3,669.12 set by twenty-seven research firms, suggesting a potential upside of approximately 28% as analysts maintain a "Moderate Buy" consensus rating despite recent price declines.
AutoZone, Inc. has a low beta of 0.40, meaning the stock is significantly less volatile than the overall market, which can provide a defensive characteristic for investors seeking stability in their portfolio during periods of broader market uncertainty.
Institutional investors have shown renewed interest in the stock, with Wealth Enhancement Trust Services Inc. increasing its holdings by 4,267.9% in the third quarter and Eastern Bank acquiring 3,974 new shares, signaling confidence from professional money managers in the company's long-term value.
AutoZone, Inc. authorized a $1.50 billion share buyback program in June 2026, allowing the company to repurchase up to 3% of its outstanding shares, which is typically viewed as a positive signal that management believes the stock is undervalued and is committed to returning capital to shareholders.

AutoZone
Bear Case

Investors should be bearish about investing in AutoZone, Inc. for these reasons:

AutoZone, Inc. recently hit a 52-week low of $2,730.65, and the stock has declined from its 52-week high of $4,146.42, reflecting a significant drop in valuation and investor sentiment over the past year.
Zacks Research recently lowered its near-term earnings estimates for AutoZone, Inc., reducing the Q2 2027 EPS forecast to $31.45 from $32.61 and the FY2028 EPS forecast to $190.08 from $197.32, indicating concerns about slowing earnings momentum in the coming years.
The company reported a negative return on equity of 90.08% for the most recent quarter, which suggests that the company is not efficiently using shareholder equity to generate profits, a metric that investors typically view as a warning sign for financial health.
AutoZone, Inc. missed its revenue expectations for the quarter ended September 22, 2026, generating $6.59 billion in revenue compared to the analyst consensus estimate of $6.70 billion, indicating potential challenges in driving top-line growth despite the earnings beat.
Several major analysts have recently downgraded their outlooks, with Morgan Stanley lowering its rating from "overweight" to "market perform" and DA Davidson cutting its price target from $3,750.00 to $3,500.00, reflecting a shift in institutional confidence regarding the stock's near-term performance.

AZO Forecast - Frequently Asked Questions

According to the research reports of 27 Wall Street equities research analysts, the average twelve-month stock price forecast for AutoZone is $3,669.13, with a high forecast of $4,487.00 and a low forecast of $3,000.00.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AutoZone in the last twelve months. There are currently 7 hold ratings, 18 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AZO shares.

According to analysts, AutoZone's stock has a predicted upside of 20.04% based on their 12-month stock forecasts.

Over the previous 90 days, AutoZone's stock had 2 downgrades and 1 upgrade by analysts.

AutoZone has been rated by research analysts at Barclays, BMO Capital Markets, Citigroup, DA Davidson, Evercore, Guggenheim, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Oppenheimer, Piper Sandler, Raymond James Financial, Robert W. Baird, Roth Capital, Sanford C. Bernstein, TD Cowen, The Goldman Sachs Group, Truist Financial, UBS Group, Weiss Ratings, and Wells Fargo & Company in the past 90 days.

Analysts like AutoZone more than other "consumer discretionary" companies. The consensus rating for AutoZone is Moderate Buy while the average consensus rating for "consumer discretionary" companies is Hold. Learn more on how AZO compares to other companies.

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Brokerages With AutoZone Recommendations

MarketBeat monitors more than a dozen sources for AutoZone analyst ratings, with the most recent rating issued on 9/29/2026.

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AutoZone (AZO) Stock Forecast & Price Target