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AutoZone Inc has a consensus price target of $3099.09 based on the ratings of 25 analysts. The high is $3634 issued by Roth MKM on October 16, 2024. The low is $2450 issued by Jefferies on September 20, 2022. The 3 most-recent analyst ratings were released by Roth MKM, Truist Securities, and Evercore ISI Group on October 16, 2024, October 14, 2024, and October 3, 2024, respectively. With an average price target of $3495 between Roth MKM, Truist Securities, and Evercore ISI Group, there's an implied 13.89% upside for AutoZone Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for AutoZone (NYSE:AZO) was reported by Roth MKM on October 16, 2024. The analyst firm set a price target for $3634.00 expecting AZO to rise to within 12 months (a possible 18.42% upside). 51 analyst firms have reported ratings in the last year.
The latest analyst rating for AutoZone (NYSE:AZO) was provided by Roth MKM, and AutoZone their buy rating.
The last upgrade for AutoZone Inc happened on December 6, 2023 when Raymond James raised their price target to $3100. Raymond James previously had an outperform for AutoZone Inc.
The last downgrade for AutoZone Inc happened on October 6, 2023 when Oppenheimer changed their price target from $2850 to $2600 for AutoZone Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of AutoZone, 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 AutoZone was filed on October 16, 2024 so you should expect the next rating to be made available sometime around October 16, 2025.
While ratings are subjective and will change, the latest AutoZone (AZO) rating was a with a price target of $0.00 to $3634.00. The current price AutoZone (AZO) is trading at is $3068.69, which is within the analyst’s predicted range.
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