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Advance Auto Parts

AAPNYSE
Logo brought to you by Benzinga Data
$38.69
0.060.16%
Pre-Market: 8:25 AM EDT
Q3 2024 Earnings were released on Thu Nov 14th, before the market open
The most recent conference call was at 8:00 AM, 7 days ago Click to view past webcast
Consensus Rating1
Neutral
Highest Price Target1
$140.00
Lowest Price Target1
$38.00
Consensus Price Target1
$55.85

Advance Auto Parts (NYSE:AAP) Stock, Analyst Ratings, Price Targets, Forecasts

Advance Auto Parts Inc has a consensus price target of $55.85 based on the ratings of 24 analysts. The high is $140 issued by Roth Capital on February 13, 2023. The low is $38 issued by Mizuho on September 12, 2024. The 3 most-recent analyst ratings were released by Evercore ISI Group, Wedbush, and DA Davidson on November 20, 2024, November 15, 2024, and November 15, 2024, respectively. With an average price target of $48.33 between Evercore ISI Group, Wedbush, and DA Davidson, there's an implied 24.92% upside for Advance Auto Parts Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Buy
Hold
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Analyst Rating and Forecast
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2.0
Sell
Strong Buy
Buy
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Analyst Firms Making Recommendations1

Evercore ISI Group
Wedbush
DA Davidson
RBC Capital
UBS

1calculated from analyst ratings

Analyst Ratings for Advance Auto Parts

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Advance Auto Parts (AAP) stock?

A

The latest price target for Advance Auto Parts (NYSE:AAP) was reported by Evercore ISI Group on November 20, 2024. The analyst firm set a price target for $45.00 expecting AAP to rise to within 12 months (a possible 16.31% upside). 42 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Advance Auto Parts (AAP)?

A

The latest analyst rating for Advance Auto Parts (NYSE:AAP) was provided by Evercore ISI Group, and Advance Auto Parts maintained their in-line rating.

Q

When was the last upgrade for Advance Auto Parts (AAP)?

A

The last upgrade for Advance Auto Parts Inc happened on October 15, 2024 when Wedbush raised their price target to N/A. Wedbush previously had a neutral for Advance Auto Parts Inc.

Q

When was the last downgrade for Advance Auto Parts (AAP)?

A

The last downgrade for Advance Auto Parts Inc happened on November 16, 2023 when B of A Securities changed their price target from $60 to $43 for Advance Auto Parts Inc.

Q

When is the next analyst rating going to be posted or updated for Advance Auto Parts (AAP)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Advance Auto Parts, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Advance Auto Parts was filed on November 20, 2024 so you should expect the next rating to be made available sometime around November 20, 2025.

Q

Is the Analyst Rating Advance Auto Parts (AAP) correct?

A

While ratings are subjective and will change, the latest Advance Auto Parts (AAP) rating was a maintained with a price target of $60.00 to $45.00. The current price Advance Auto Parts (AAP) is trading at is $38.69, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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