Advance Auto Parts, Inc. (NYSE:AAP) Receives $58.91 Consensus Price Target from Brokerages

Posted by Stanley Muller on Aug 22nd, 2026

Shares of Advance Auto Parts, Inc. (NYSE:AAP – Get Free Report) have earned an average rating of “Hold” from the twenty-two analysts that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, nineteen have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $50.7953.

AAP has been the topic of several research analyst reports. Barclays lowered their price objective on Advance Auto Parts from $59.00 to $50.00 and set an “equal weight” rating on the stock in a report on Friday. Royal Bank Of Canada reduced their target price on Advance Auto Parts from $67.00 to $52.00 and set a “sector perform” rating for the company in a report on Friday. Guggenheim restated a “neutral” rating on shares of Advance Auto Parts in a research report on Friday. Mizuho lifted their price target on Advance Auto Parts from $54.00 to $58.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Finally, UBS Group reduced their price objective on Advance Auto Parts from $65.00 to $47.00 and set a “neutral” rating for the company in a research note on Friday.

Get Our Latest Research Report on Advance Auto Parts

Hedge Funds Weigh In On Advance Auto Parts

Hedge funds and other institutional investors have recently modified their holdings of the business. Allworth Financial LP acquired a new position in Advance Auto Parts during the second quarter worth about $25,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Advance Auto Parts during the 3rd quarter worth approximately $31,000. State of Wyoming acquired a new position in shares of Advance Auto Parts during the 2nd quarter worth approximately $34,000. AlphaCore Capital LLC grew its position in shares of Advance Auto Parts by 53.6% in the fourth quarter. AlphaCore Capital LLC now owns 883 shares of the company’s stock valued at $35,000 after purchasing an additional 308 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its position in shares of Advance Auto Parts by 184.5% in the fourth quarter. Hantz Financial Services Inc. now owns 919 shares of the company’s stock valued at $36,000 after purchasing an additional 596 shares in the last quarter. 88.70% of the stock is owned by hedge funds and other institutional investors.

Advance Auto Parts Price Performance

Shares of NYSE AAP opened at $42.85 on Wednesday. The firm has a market cap of $2.59 billion, a PE ratio of 31.28, a PEG ratio of 0.71 and a beta of 1.03. The firm has a fifty day moving average of $56.58 and a 200 day moving average of $55.35. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.85 and a current ratio of 1.75. Advance Auto Parts has a one year low of $37.89 and a one year high of $65.21.

Advance Auto Parts (NYSE:AAP – Get Free Report) last posted its quarterly earnings data on Thursday, August 20th. The company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.81 by $0.22. The business had revenue of $2 billion for the quarter, compared to the consensus estimate of $2.04 billion. Advance Auto Parts had a net margin of 0.97% and a return on equity of 9.84%. The company’s revenue was down .5% compared to the same quarter last year. During the same period last year, the firm posted $0.69 earnings per share. Advance Auto Parts has set its FY 2026 guidance at 2.600-3.300 EPS. As a group, research analysts predict that Advance Auto Parts will post 2.9 EPS for the current fiscal year.

Advance Auto Parts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Friday, October 9th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.3%. Advance Auto Parts’s dividend payout ratio is presently 72.99%.

Key Stories Impacting Advance Auto Parts

Here are the key news stories impacting Advance Auto Parts this week:

Positive Sentiment: Adjusted earnings beat expectations. Advance Auto Parts reported second-quarter adjusted EPS of $1.03, above the $0.81 consensus estimate and up from $0.69 a year earlier. The company also raised its FY2026 adjusted EPS guidance to $2.60–$3.30, while maintaining its sales outlook. Advance Auto Parts Analysts Cut Their Forecasts After Q2 Results
Positive Sentiment: Margins and balance-sheet metrics improved. A $26 million tariff refund helped support quarterly margins, while gross margin expanded to 46.2% from 43.5% a year earlier. Advance also reduced net leverage to 2.1x from 2.4x and repaid approximately $30 million of debt. Advance Auto Parts Rebounds After Tariff Refund Boosts Q2 Margins
Neutral Sentiment: Analyst targets remain mixed. JPMorgan lowered its target to $55, Morgan Stanley and RBC each moved to $52, and Citigroup cut its target to $45; all maintained neutral or equivalent ratings. These targets imply upside from recent levels, but Goldman Sachs reduced its target to $40 and assigned a Sell rating. Benzinga analyst updates
Neutral Sentiment: The dividend provides shareholder support. Advance Auto Parts declared a quarterly dividend of $0.25 per share, with payment scheduled for October 23 to shareholders of record on October 9. The dividend yield is approximately 2.4%.
Negative Sentiment: Sales momentum remains the main concern. Second-quarter revenue of approximately $2.0 billion missed estimates near $2.04 billion, while comparable-store sales declined 0.5%. Weak demand from cost-conscious, lower-income do-it-yourself customers and a volatile spending environment raised concerns about the pace of sales acceleration and required reinvestment. Advance Auto Parts Posts Disappointing Q2 Comparable Sales
Negative Sentiment: Broad target reductions underscore execution risk. Goldman Sachs’s Sell rating and Bank of America’s reiterated Sell/Underperform view highlight concerns over weak DIY demand and the company’s ability to execute its turnaround, even after the earnings beat. Bank of America Reiterates Sell Rating

Advance Auto Parts Company Profile

(Get Free Report)

Advance Auto Parts, Inc (NYSE: AAP) is a leading distributor of automotive aftermarket parts, accessories, and maintenance items. The company operates a network of stores and distribution centers across North America, serving both do-it-yourself (DIY) customers and professional service providers. Advance Auto Parts focuses on offering a comprehensive selection of replacement parts, batteries, engine components, and performance products for cars and light trucks.

The company’s product portfolio includes engine oils and lubricants, cooling system components, brake and suspension parts, filters, belts, hoses, and diagnostic tools.