AutoZone Analysts Cut Their Forecasts After Q4 Results

AutoZone Inc. (NYSE:AZO) on Tuesday reported better-than-expected fourth-quarter earnings.

AutoZone reported fourth-quarter earnings of $56.05 per share, beating the analyst estimate of $53.98. Revenue rose 5.6% year over year to $6.595 billion, slightly below Wall Street expectations of $6.681 billion.

“I want to thank our entire organization for delivering another quarter of sales and earnings growth. In spite of a difficult selling environment the first eight weeks of our quarter, we remained committed to executing on our strategies to grow both our domestic and international businesses. Over the last eight weeks of the quarter our sales results strengthened, and we feel we are well positioned for sales growth in fiscal 2027,” said Phil Daniele, President and Chief Executive Officer.

AutoZone shares closed at $2,894.73 on Tuesday.

These analysts made changes to their price targets on AutoZone following earnings announcement.

• Guggenheim analyst Steven Forbes maintained the stock with a Buy and lowered the price target from $4,000 to $3,750.
• Baird analyst Justin Kleber maintained the stock with a Neutral and cut the price target from $3,600 to $3,400.
• Barclays analyst Seth Sigman maintained the stock with an Overweight rating and cut the price target from $3,637 to $3,400.
• BMO Capital analyst Tristan Thomas-Martin maintained the stock with an Outperform rating and lowered the price target from $4,000 to $3,500.
• Mizuho analyst David Bellinger maintained the stock with a Neutral and lowered the price target from $3,200 to $3,000.
• Raymond James analyst Bobby Griffin maintained the stock with a Strong Buy and lowered the price target from $4,000 to $3,700.

Considering buying AZO stock? Here’s what analysts think:

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