Barclays Boosts AutoZone (NYSE:AZO) Price Target to $3,900.00

AutoZone (NYSE:AZO) had its price target hoisted by analysts at Barclays from $3,800.00 to $3,900.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The firm presently has an “overweight” rating on the stock. Barclays‘s price objective suggests a potential upside of 4.10% from the stock’s current price.

A number of other analysts have also commented on the company. UBS Group set a $4,800.00 target price on AutoZone in a research report on Tuesday. TD Cowen reissued a “buy” rating on shares of AutoZone in a report on Monday, February 23rd. Guggenheim dropped their target price on AutoZone from $4,600.00 to $4,400.00 and set a “buy” rating on the stock in a report on Wednesday, December 10th. Citigroup decreased their price target on AutoZone from $4,775.00 to $4,200.00 and set a “buy” rating for the company in a report on Thursday, December 11th. Finally, BMO Capital Markets dropped their price objective on AutoZone from $4,600.00 to $4,400.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, AutoZone presently has a consensus rating of “Moderate Buy” and a consensus target price of $4,311.57.

AutoZone Stock Up 0.8%

Shares of NYSE AZO opened at $3,746.41 on Wednesday. The company has a market capitalization of $62.08 billion, a PE ratio of 26.25, a P/E/G ratio of 1.91 and a beta of 0.41. AutoZone has a twelve month low of $3,210.72 and a twelve month high of $4,388.11. The firm has a fifty day simple moving average of $3,617.95 and a 200 day simple moving average of $3,824.20.

AutoZone (NYSE:AZO) last released its earnings results on Tuesday, March 3rd. The company reported $27.63 EPS for the quarter, topping the consensus estimate of $27.59 by $0.04. AutoZone had a negative return on equity of 72.31% and a net margin of 12.47%.The business had revenue of $4.27 billion during the quarter, compared to analysts’ expectations of $4.31 billion. During the same quarter last year, the firm posted $28.29 earnings per share. The firm’s revenue was up 8.2% on a year-over-year basis. As a group, equities analysts expect that AutoZone will post 152.94 earnings per share for the current fiscal year.

Insider Activity at AutoZone

In related news, Director Earl G. Graves, Jr. sold 250 shares of the stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $3,295.00, for a total transaction of $823,750.00. Following the sale, the director owned 4,887 shares of the company’s stock, valued at approximately $16,102,665. This represents a 4.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Michael A. George purchased 145 shares of the firm’s stock in a transaction dated Monday, December 22nd. The shares were bought at an average price of $3,398.13 per share, for a total transaction of $492,728.85. Following the completion of the transaction, the director owned 566 shares of the company’s stock, valued at approximately $1,923,341.58. This trade represents a 34.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders purchased 347 shares of company stock worth $1,179,256 and sold 9,447 shares worth $34,179,923. 2.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On AutoZone

A number of hedge funds and other institutional investors have recently bought and sold shares of AZO. Turning Point Benefit Group Inc. purchased a new position in shares of AutoZone during the third quarter valued at approximately $25,000. Raleigh Capital Management Inc. bought a new position in AutoZone in the 3rd quarter worth $26,000. Torren Management LLC purchased a new stake in shares of AutoZone in the 4th quarter worth about $27,000. Transamerica Financial Advisors LLC boosted its stake in shares of AutoZone by 100.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 8 shares of the company’s stock valued at $28,000 after purchasing an additional 4 shares in the last quarter. Finally, Aspect Partners LLC increased its position in shares of AutoZone by 700.0% during the second quarter. Aspect Partners LLC now owns 8 shares of the company’s stock valued at $30,000 after buying an additional 7 shares during the period. Hedge funds and other institutional investors own 92.74% of the company’s stock.

AutoZone News Roundup

Here are the key news stories impacting AutoZone this week:

• Positive Sentiment: Multiple major brokers raised price targets or reaffirmed buy/overweight ratings (Goldman Sachs, Citigroup, Morgan Stanley, Barclays), which supports upside expectations and likely helped buying interest this morning. Read More. • Read More. • Read More. • Read More.
• Positive Sentiment: Q2 EPS slightly beat consensus (reported EPS vs. estimate) and sales grew ~8% Y/Y; management highlighted commercial growth and store expansion as offsets to the topline shortfall. That beat helps justify current valuations despite headwinds. Read More.
• Positive Sentiment: Management reiterated an aggressive store growth plan (targeting 350–360 new stores for 2026), which supports long‑term revenue expansion and is a constructive growth catalyst. Read More.
• Neutral Sentiment: Analyst views are mixed overall — some firms cut PTs modestly but kept buy ratings, while others raised targets; the net effect is a crowded but heterogeneous analyst stance that creates both upside and downside scenarios. Read More.
• Negative Sentiment: Topline missed a few estimates and management said an unusually strong winter season and softer Mexico sales weighed on Q2 revenues — a clear near-term headwind to growth. Read More.
• Negative Sentiment: Margin pressure from higher production costs, LIFO inventory impacts and accelerated SG&A investments was highlighted by several reports and analysts; margin compression could limit near-term EPS upside even with revenue growth. Read More. • Read More.
• Negative Sentiment: Some firms trimmed price targets or moved to neutral (e.g., Mizuho raised its PT but set a neutral rating at a level below the current price), introducing potential selling pressure for investors focused on near‑term downside risk. Read More.

AutoZone Company Profile

AutoZone, Inc (NYSE: AZO) is a retailer and distributor of automotive replacement parts and accessories. Headquartered in Memphis, Tennessee, the company supplies a wide range of aftermarket components, maintenance items and accessories for passenger cars, light trucks and commercial vehicles. Its product assortment includes engine parts, electrical components, batteries, brakes, filters, fluids and interior and exterior accessories, supported by inventory management and logistics systems to serve retail customers and professional service providers.

AutoZone serves both do‑it‑yourself (DIY) consumers and commercial customers such as independent repair shops and service centers.