Roth Mkm Lowers AutoZone (NYSE:AZO) Price Target to $4,526.00

AutoZone (NYSE:AZO) had its price target lowered by equities researchers at Roth Mkm from $4,650.00 to $4,526.00 in a research note issued on Wednesday,MarketScreener reports. The brokerage presently has a “buy” rating on the stock. Roth Mkm’s target price points to a potential upside of 20.81% from the stock’s current price.

A number of other research firms have also issued reports on AZO. BNP Paribas Exane decreased their target price on AutoZone from $4,811.00 to $4,268.00 and set an “outperform” rating for the company in a report on Wednesday, December 10th. UBS Group set a $4,800.00 price target on AutoZone in a report on Tuesday. TD Cowen reiterated a “buy” rating on shares of AutoZone in a report on Monday, February 23rd. Citigroup decreased their target price on AutoZone from $4,775.00 to $4,200.00 and set a “buy” rating for the company in a research note on Thursday, December 11th. Finally, The Goldman Sachs Group upped their price target on AutoZone from $4,234.00 to $4,274.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. One investment 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 company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $4,311.57.

AutoZone Stock Performance

Shares of AZO stock opened at $3,746.41 on Wednesday. The firm has a market cap of $62.08 billion, a P/E ratio of 26.25, a P/E/G ratio of 1.91 and a beta of 0.41. The firm’s 50 day moving average price is $3,617.95 and its 200-day moving average price is $3,824.20. AutoZone has a one year low of $3,210.72 and a one year high of $4,388.11.

AutoZone (NYSE:AZO) last issued its quarterly earnings results on Tuesday, March 3rd. The company reported $27.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $27.59 by $0.04. The company had revenue of $4.27 billion for the quarter, compared to analyst estimates of $4.31 billion. AutoZone had a net margin of 12.47% and a negative return on equity of 72.31%. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $28.29 earnings per share. As a group, research analysts predict that AutoZone will post 152.94 EPS for the current fiscal year.

Insider Buying and Selling

In other AutoZone news, Director Brian Hannasch bought 147 shares of AutoZone stock in a transaction on Thursday, December 18th. The stock was bought at an average price of $3,393.09 per share, with a total value of $498,784.23. Following the completion of the acquisition, the director owned 962 shares in the company, valued at $3,264,152.58. The trade was a 18.04% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Michael A. George bought 145 shares of the firm’s stock in a transaction on 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 directly owned 566 shares in the company, valued at approximately $1,923,341.58. This represents a 34.44% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have acquired 347 shares of company stock worth $1,179,256 and have sold 9,447 shares worth $34,179,923. Insiders own 2.60% of the company’s stock.

Institutional Investors Weigh In On AutoZone

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

Key Stories Impacting AutoZone

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.

About AutoZone

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.