In recent stock market news, AutoZone (AZO, Financial) has experienced a noteworthy adjustment in its price target as presented by JP Morgan's analyst, Christopher Horvers. The latest update on May 28, 2025, indicates that JP Morgan has maintained its 'Overweight' rating for AutoZone, but has lowered their price target from $4,350.00 to $4,200.00.
This new price target signifies a decrease of approximately 3.45% from the prior target. Despite the revision, the 'Overweight' rating suggests that the analyst still sees potential for the stock to outperform in comparison to its peers in the auto parts industry.
Investors in AutoZone (AZO, Financial) should take note of this updated analysis, as adjustments in price targets can often signal changing expectations for the company's financial performance and market conditions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 22 analysts, the average target price for AutoZone Inc (AZO, Financial) is $4,054.14 with a high estimate of $4,850.00 and a low estimate of $2,896.05. The average target implies an upside of 7.22% from the current price of $3,781.12. More detailed estimate data can be found on the AutoZone Inc (AZO) Forecast page.
Based on the consensus recommendation from 29 brokerage firms, AutoZone Inc's (AZO, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for AutoZone Inc (AZO, Financial) in one year is $3428.34, suggesting a downside of 9.33% from the current price of $3781.12. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the AutoZone Inc (AZO) Summary page.
