DA Davidson Cuts AutoZone (NYSE:AZO) Price Target to $4,100.00

AutoZone (NYSE:AZO) had its target price decreased by DA Davidson from $4,500.00 to $4,100.00 in a research report sent to investors on Tuesday morning, MarketBeat.com reports. DA Davidson currently has a buy rating on the stock.

A number of other research firms also recently weighed in on AZO. Raymond James Financial decreased their target price on shares of AutoZone from $4,800.00 to $4,600.00 and set a “strong-buy” rating for the company in a research report on Wednesday, December 10th. Robert W. Baird lowered shares of AutoZone from an “outperform” rating to a “neutral” rating and set a $3,900.00 price objective on the stock. in a research note on Monday, February 9th. The Goldman Sachs Group raised their target price on shares of AutoZone from $4,234.00 to $4,274.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Morgan Stanley lowered their price target on AutoZone from $4,700.00 to $4,000.00 and set an “overweight” rating on the stock in a research report on Thursday, January 15th. Finally, BNP Paribas Exane cut their price target on AutoZone from $4,811.00 to $4,268.00 and set an “outperform” rating for the company in a report on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $4,311.57.

AutoZone Stock Performance

Shares of AZO opened at $3,746.41 on Tuesday. The stock has a 50 day simple moving average of $3,617.95 and a 200 day simple moving average of $3,824.20. AutoZone has a 52-week low of $3,210.72 and a 52-week high of $4,388.11. The firm has a market capitalization of $62.08 billion, a PE ratio of 26.25, a P/E/G ratio of 1.91 and a beta of 0.41.

AutoZone (NYSE:AZO) last announced its earnings results on Tuesday, March 3rd. The company reported $27.63 EPS for the quarter, topping the consensus estimate of $27.59 by $0.04. The firm had revenue of $4.27 billion for the quarter, compared to the consensus estimate of $4.31 billion. AutoZone had a net margin of 12.47% and a negative return on equity of 72.31%. The business’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period last year, the company posted $28.29 EPS. Equities research analysts predict that AutoZone will post 152.94 EPS for the current fiscal year.

Insider Transactions at AutoZone

In related news, Director Michael A. George purchased 145 shares of AutoZone stock in a transaction dated Monday, December 22nd. The shares were bought at an average cost of $3,398.13 per share, for a total transaction of $492,728.85. Following the purchase, the director owned 566 shares in the company, valued at approximately $1,923,341.58. This trade represents a 34.44% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Earl G. Graves, Jr. sold 250 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $3,295.00, for a total transaction of $823,750.00. Following the transaction, the director owned 4,887 shares of the company’s stock, valued at approximately $16,102,665. This represents a 4.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have purchased 347 shares of company stock valued at $1,179,256 and have sold 9,447 shares valued at $34,179,923. 2.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Turning Point Benefit Group Inc. bought a new position in AutoZone in the 3rd quarter worth approximately $25,000. Raleigh Capital Management Inc. purchased a new position in shares of AutoZone in the third quarter valued at $26,000. Torren Management LLC bought a new stake in AutoZone in the fourth quarter worth $27,000. Transamerica Financial Advisors LLC raised its stake in AutoZone by 100.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 8 shares of the company’s stock valued at $28,000 after purchasing an additional 4 shares in the last quarter. Finally, Aspect Partners LLC lifted its position in AutoZone by 700.0% during the second quarter. Aspect Partners LLC now owns 8 shares of the company’s stock valued at $30,000 after purchasing an additional 7 shares during the last quarter. 92.74% of the stock is currently owned by institutional investors.

AutoZone News Roundup

Here are the key news stories impacting AutoZone this week:

• Positive Sentiment: Multiple major brokers raised price targets or reaffirmed buy/overweight ratings (Goldman Sachs, Citigroup, Morgan Stanley, Barclays), which supports upside expectations and likely helped buying interest this morning. Read More. • Read More. • Read More. • Read More.
• Positive Sentiment: Q2 EPS slightly beat consensus (reported EPS vs. estimate) and sales grew ~8% Y/Y; management highlighted commercial growth and store expansion as offsets to the topline shortfall. That beat helps justify current valuations despite headwinds. Read More.
• Positive Sentiment: Management reiterated an aggressive store growth plan (targeting 350–360 new stores for 2026), which supports long‑term revenue expansion and is a constructive growth catalyst. Read More.
• Neutral Sentiment: Analyst views are mixed overall — some firms cut PTs modestly but kept buy ratings, while others raised targets; the net effect is a crowded but heterogeneous analyst stance that creates both upside and downside scenarios. Read More.
• Negative Sentiment: Topline missed a few estimates and management said an unusually strong winter season and softer Mexico sales weighed on Q2 revenues — a clear near-term headwind to growth. Read More.
• Negative Sentiment: Margin pressure from higher production costs, LIFO inventory impacts and accelerated SG&A investments was highlighted by several reports and analysts; margin compression could limit near-term EPS upside even with revenue growth. Read More. • Read More.
• Negative Sentiment: Some firms trimmed price targets or moved to neutral (e.g., Mizuho raised its PT but set a neutral rating at a level below the current price), introducing potential selling pressure for investors focused on near‑term downside risk. Read More.

About AutoZone

AutoZone, Inc (NYSE: AZO) is a retailer and distributor of automotive replacement parts and accessories. Headquartered in Memphis, Tennessee, the company supplies a wide range of aftermarket components, maintenance items and accessories for passenger cars, light trucks and commercial vehicles. Its product assortment includes engine parts, electrical components, batteries, brakes, filters, fluids and interior and exterior accessories, supported by inventory management and logistics systems to serve retail customers and professional service providers.

AutoZone serves both do‑it‑yourself (DIY) consumers and commercial customers such as independent repair shops and service centers.