AutoZone, Inc. (NYSE:AZO) Stock Has Consensus Target Price of $3,674.36 According to Analysts

Posted by Francis Steltz on Nov 4th, 2026

AutoZone logo AutoZone, Inc. (NYSE:AZO – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the twenty-seven research firms that are currently covering the company, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $3,674.36.

AZO has been the topic of several analyst reports. Oppenheimer set a $3,400.00 target price on shares of AutoZone in a research note on Wednesday, September 23rd. Morgan Stanley downgraded shares of AutoZone from an “overweight” rating to a “market perform” rating in a research report on Tuesday, September 29th. UBS Group set a $3,850.00 price objective on shares of AutoZone in a report on Wednesday, September 23rd. DA Davidson lowered their price objective on AutoZone from $3,750.00 to $3,500.00 and set a “buy” rating on the stock in a research report on Wednesday, September 23rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of AutoZone in a research note on Wednesday, October 21st.

View Our Latest Analysis on AutoZone

AutoZone Stock Down 1.6%

Shares of AZO opened at $3,199.47 on Friday. The business’s 50 day moving average price is $2,974.50 and its 200-day moving average price is $3,258.65. AutoZone has a 52 week low of $2,730.65 and a 52 week high of $3,996.25. The stock has a market cap of $51.48 billion, a P/E ratio of 21.29, a P/E/G ratio of 1.68 and a beta of 0.37.

AutoZone (NYSE:AZO – Get Free Report) last announced its quarterly earnings results on Tuesday, September 22nd. The company reported $56.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $55.51. AutoZone had a net margin of 12.65% and a negative return on equity of 90.08%. The company had revenue of $6.59 billion for the quarter, compared to analysts’ expectations of $6.70 billion. During the same quarter in the previous year, the business posted $48.71 EPS. AutoZone’s revenue was up 5.6% compared to the same quarter last year. On average, equities analysts anticipate that AutoZone will post 170.30 EPS for the current year.

Insiders Place Their Bets

In other AutoZone news, VP Dennis LeRiche sold 1,455 shares of the company’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $3,100.00, for a total transaction of $4,510,500.00. Following the transaction, the vice president owned 441 shares in the company, valued at approximately $1,367,100. This represents a 76.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On AutoZone

Hedge funds and other institutional investors have recently modified their holdings of the company. Carnegie Lake Advisors LLC grew its stake in shares of AutoZone by 4,944.6% during the third quarter. Carnegie Lake Advisors LLC now owns 28,300 shares of the company’s stock valued at $80,000 after buying an additional 27,739 shares during the last quarter. Candriam S.C.A. lifted its holdings in AutoZone by 26.6% during the 3rd quarter. Candriam S.C.A. now owns 1,334 shares of the company’s stock valued at $3,789,000 after buying an additional 280 shares in the last quarter. Ethic Inc. lifted its holdings in AutoZone by 6.9% during the 3rd quarter. Ethic Inc. now owns 2,824 shares of the company’s stock valued at $7,991,000 after buying an additional 183 shares in the last quarter. Buckhead Capital Management LLC boosted its position in AutoZone by 6.5% in the 3rd quarter. Buckhead Capital Management LLC now owns 1,363 shares of the company’s stock valued at $3,857,000 after buying an additional 83 shares during the period. Finally, Pictet Asset Management Holding SA boosted its position in AutoZone by 9.7% in the 3rd quarter. Pictet Asset Management Holding SA now owns 10,310 shares of the company’s stock valued at $29,178,000 after buying an additional 913 shares during the period. 92.74% of the stock is owned by institutional investors.

About AutoZone

(Get Free Report)

AutoZone, Inc is a specialty retailer and distributor of automotive replacement parts, equipment and accessories. The company serves do-it-yourself customers, professional automotive technicians and commercial repair businesses through its retail stores, distribution network and digital platforms.

Its merchandise includes replacement batteries, brakes, filters, belts, hoses, ignition components, tools, fluids, lighting products and other maintenance items. AutoZone also offers private-label products under brands such as Duralast, as well as vehicle diagnostic services and parts delivery for commercial customers.

Founded in 1979 as Auto Shack by Pitt Hyde, the company adopted the AutoZone name in 1987.