S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
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MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
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A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Better Than Oil Stocks (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Better Than Oil Stocks (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Better Than Oil Stocks (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Better Than Oil Stocks (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Better Than Oil Stocks (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Better Than Oil Stocks (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Better Than Oil Stocks (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Better Than Oil Stocks (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
Better Than Oil Stocks (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
Better Than Oil Stocks (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture

AutoZone (AZO) Stock Forecast & Price Target

$2,756.34
-2.43 (-0.09%)
(As of 02/23/2024 ET)

AutoZone Consensus Analyst Rating and Stock Price Forecast (2024)

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.

Analysts' Consensus Rating

Moderate Buy
Based on 18 Analyst Ratings

Analysts' Consensus Price Target

$2,868.88
4.08% Upside
High Forecast$3,100.00
Average Forecast$2,868.88
Low Forecast$2,465.00
TypeCurrent Forecast
2/24/23 to 2/24/24
1 Month Ago
1/25/23 to 1/25/24
3 Months Ago
11/26/22 to 11/26/23
1 Year Ago
2/24/22 to 2/24/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
13 Buy rating(s)
13 Buy rating(s)
15 Buy rating(s)
15 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 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$2,868.88$2,858.35$2,797.63$2,601.71
Predicted Upside4.08% Upside11.04% Upside10.92% Upside13.15% Upside
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AZO Analyst Ratings 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.
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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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

AutoZone Stock vs. The Competition

TypeAutoZoneRetail/Wholesale CompaniesS&P 500
Consensus Rating Score
2.83
2.43
2.48
Consensus RatingModerate BuyHoldHold
Predicted Upside4.08% Upside108.52% Upside7.54% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
2/20/2024Wedbush
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 Reiterated RatingOutperform ➝ Outperform$2,950.00+8.45%
2/12/2024Barclays
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 Lower TargetOverweight ➝ Overweight$2,800.00 ➝ $2,779.00+3.36%
12/13/2023William Blair
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 Reiterated RatingOutperform
12/7/2023Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$2,750.00 ➝ $2,900.00+6.99%
12/6/2023Truist Financial
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 Boost TargetBuy ➝ Buy$2,933.00 ➝ $3,027.00+11.67%
12/6/2023Stephens
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 Boost TargetOverweight ➝ Overweight$3,000.00 ➝ $3,070.00+12.87%
12/6/2023Raymond James
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 UpgradeOutperform ➝ Strong-Buy$2,850.00 ➝ $3,100.00+16.06%
10/10/2023TD Cowen
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 Initiated CoverageOutperform$2,975.00+16.05%
10/6/2023Oppenheimer
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 DowngradeOutperform ➝ Market Perform$2,850.00 ➝ $2,600.00+3.06%
9/21/2023Argus
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 Boost TargetBuy ➝ Buy$2,775.00 ➝ $2,920.00+13.03%
9/20/2023DA Davidson
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 Boost TargetNeutral ➝ Neutral$2,425.00 ➝ $2,500.00+1.01%
9/20/2023Evercore ISI
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 Boost Target$2,740.00 ➝ $2,750.00+11.11%
9/20/2023JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$2,950.00 ➝ $2,975.00+20.20%
6/28/2023Northcoast Research
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 Initiated CoverageNeutral
6/27/202392 Resources
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 Reiterated RatingReiterates
6/16/2023UBS Group
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 UpgradeNeutral ➝ Buy$2,800.00 ➝ $2,900.00+16.12%
6/1/20233M
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 Reiterated RatingUpgrade
6/1/2023Bank of America
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 UpgradeUnderperform ➝ Neutral$2,120.00 ➝ $2,465.00+3.27%
5/30/2023Citigroup
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 Lower Target$3,125.00 ➝ $3,020.00+22.72%
5/23/2023The Goldman Sachs Group
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 Lower Target$2,899.00 ➝ $2,840.00+15.29%
5/15/2023Wells Fargo & Company
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 Boost Target$2,850.00 ➝ $3,000.00+9.93%
5/11/202351job
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 Reiterated RatingMaintains
2/28/2023Roth Capital
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D. Bellinger
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Reiterated RatingBuy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:00 PM ET.












AZO Price Target - Frequently Asked Questions

What is AutoZone's consensus rating and price target?

According to the issued ratings of 18 analysts in the last year, the consensus rating for AutoZone stock is Moderate Buy based on the current 4 hold ratings, 13 buy ratings and 1 strong buy rating for AZO. The average twelve-month price prediction for AutoZone is $2,868.88 with a high price target of $3,100.00 and a low price target of $2,465.00. Learn more on AZO's analyst rating history.

Do Wall Street analysts like AutoZone more than its competitors?

Analysts like AutoZone more than other Retail/Wholesale companies. The consensus rating for AutoZone is Moderate Buy while the average consensus rating for retail/wholesale companies is Hold. Learn more on how AZO compares to other companies.

Is AutoZone being upgraded by Wall Street analysts?

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

Does AutoZone's stock price have much upside?

According to analysts, AutoZone's stock has a predicted upside of 11.08% based on their 12-month stock forecasts.

What analysts cover AutoZone?

AutoZone has been rated by Barclays, Morgan Stanley, Raymond James, Stephens, Truist Financial, Wedbush, and William Blair in the past 90 days.


Stock Ratings Reports and Tools

This page (NYSE:AZO) was last updated on 2/24/2024 by MarketBeat.com Staff