AutoZone, IncNYSE: AZO
Consumer Discretionary · Automotive Retail
$3,593.96
-2.97%
Vol: 215K
Research Digest
Friday, May 1, 2026
AutoZone shares rise 5.1% on Q2 with 8.1% revenue growth; analyst consensus Strong Buy with $4,306 PT.
AutoZone Q2 net sales $4.27B (+8.1% YoY) slightly missing analyst expectations of $4.31B. Q1 earnings and sales fell short of expectations but stock rose 4.72-5.1% due to positive long-term outlook. Opened 53 net new stores globally in latest quarter and plans aggressive store expansion. Continues to face challenges from high debt and competitive pressures despite strong long-term stock performance.
Previous Market Intelligence
13 daysApr 30AutoZone completed cloud migration with Google Cloud on April 22 and opened 53 new locations in latest quarter while maintaining analyst Strong Buy consensus.Positive▶
AutoZone completed a three-year cloud migration with Google Cloud on April 22, 2026. The company opened 53 new stores globally in the latest quarter, bringing the total to 7,710 stores. Q2 net sales rose 8.1% to $4.27B (vs $4.31B consensus). Oppenheimer raised its price target to $4,300 from $4,150. The stock is trading at $3,523.56 with a market cap of $59.0B. According to 22 analysts, the average rating is Strong Buy with a 12-month price target of $4,306 representing 24.60% upside. The company plans aggressive store expansion.
Apr 16AutoZone to release Q3 2026 earnings May 26; recent EPS miss despite analyst optimismNeutral▶
AutoZone announced Q3 FY2026 earnings release set for May 26, 2026. The company reported Q2 adjusted EPS of $27.63, slightly below prior year $28.29, with stock declining 7.8% since last earnings. Despite recent weakness, 16 analysts issued Buy ratings with no Sell ratings; analysts remain cautiously optimistic on growth trajectory.
Apr 15AutoZone to release Q3 2026 earnings on May 26; recent quarters show mixed margin pressure despite sales growth.Neutral▶
AutoZone will announce Q3 fiscal 2026 earnings on May 26 before market open. The company expanded by 53 new locations globally bringing total to 7,710 stores. Recent results show adjusted EPS of $27.63 vs. $28.29 prior year. However, the stock fell after Q2 and Q1 releases amid margin pressure. Current price is $3,430.45 with consensus Hold rating.
Apr 14AutoZone down 3.68% as margin pressures and tariff headwinds persist; analyst sentiment remains bullish.Mixed▶
AutoZone declined 3.68% on April 10 amid tariff-related LIFO charges and inventory buildup. Q2 FY26 revenues of $4.27B missed estimates by $40M. Inventory surged 13.1% YoY. Gross margin contracted 137 bps to 52.5%. Despite headwinds, 22 analysts maintain Strong Buy with $4,306 target (24.6% upside).
Apr 13AutoZone reports mixed Q2 earnings with 8.1% sales growth but EPS miss; aggressive store expansion continues.Positive▶
AutoZone posted Q2 net sales of $4.3 billion (+8.1% YoY) but adjusted EPS of $27.63 slightly below prior year. Gross margin contracted 137 bps to 52.5% due to tariff-related LIFO charge. Company expanded with 53 new stores globally, bringing total to 7,710. Consensus Strong Buy from 22 analysts with $4,306 target (+24.60% upside).
Apr 10AutoZone posted Q2 2026 earnings beat of 0.8% with 8.2% sales growth and analyst Strong Buy consensus.Positive▶
AutoZone reported Q2 fiscal 2026 EPS of $27.63, beating estimates of $27.41, with net sales up 8.2% year-over-year. Company added 64 new stores to reach 7,774 locations worldwide. Stock surged 3.27% on April 9 on analyst upgrade. Analyst community maintains Strong Buy consensus. Focus on improving Commercial business availability and expansion of 19+ Mega-Hub locations.
Apr 9AutoZone Q2 earnings beat on same-store sales growth; analyst consensus remains bullish despite 7.8% decline.Positive▶
AutoZone reported Q2 net sales of $4.3B (up 8.1% YoY) with SSS +1.5%, domestic +0.3%, adjusted EPS $27.63 (slightly below prior $28.29). Company opened 53 net new stores Q1, 64 total YTD, targeting aggressive expansion. Stock down 7.8% since earnings but maintains strong 12-month PT of $4,306 (24.6% upside). 22 analysts rate "Strong Buy". FY2025 revenue $18.94B (up 2.4%), though earnings declined 6.2%.
Apr 8AutoZone reports Q2 earnings beat with 64 new store expansion; analyst rating Strong BuyPositive▶
AutoZone posted Q2 EPS of $27.63 beating estimates with net sales up 8.2% year-over-year. Company added 64 new stores across U.S., Mexico, and Brazil reaching 7,774 locations globally. However, revenue of $4.27B missed expectations and same-store sales growth lagged forecasts. Operating profit slipped due to inventory pressures from inflation and expansion. Company planning to open at least 19 more Mega-Hubs in next two quarters. According to 22 analysts, average rating is Strong Buy with 12-month target of $4,306 (26.63% upside). Recent price target from TD Cowen lowered to $4,250 from $4,400.
Apr 7AutoZone reports Q2 mixed results with EPS beat but revenue and same-store sales miss; Citigroup raises target to $4300Positive▶
AutoZone posted Q2 2026 EPS $27.63 beating estimates $27.41 (+0.80%), but revenue $4.27B and same-store sales missed. Gross margin contracted 137 bps to 52.5% due to 138 bps noncash LIFO charge from tariffs. Overhead up 8.6% supporting store expansion. Domestic/international sales grew 3.3% and 2.5% respectively. Citigroup raised target to $4300 from $4200. 22 analysts consensus Strong Buy.
Apr 6AutoZone reports mixed Q2 earnings; analyst upgrades counterbalance recent 7.8% stock decline.Neutral▶
AutoZone reported Q2 net sales of $4.3B (up 8.1%) with adjusted EPS of $27.63, slightly below prior year $28.29. Stock faced 7.8% decline since earnings, with analysts maintaining Hold rating amid growth concerns. However, 22 analysts rate AZO as Strong Buy with 12-month price target of $4,306 (26.63% upside from $3,400.54). Argus upgraded to Buy from Hold March 9. Oppenheimer raised target to $4,300 from $4,150 March 10. TD Cowen lowered target to $4,250 from $4,400 March 16. Mixed results (EPS beat, revenue miss, lagging same-store sales) create near-term volatility. Company operates as automotive replacement parts and accessories retailer in U.S., Mexico, and Brazil with 56.03B market cap.
Apr 3AutoZone reports Q2 2026 net sales of $4.3B (+8.1% YoY) with same-store sales up 3.3%; aggressive store expansion continues.Positive▶
AutoZone reported Q2 2026 net sales of $4.3 billion (+8.1% YoY) with EPS of $27.63. Same-store sales increased 3.3% total company and 3.4% domestically. Opened 53 net new stores in Q1 and plans aggressive expansion for the fiscal year. Analyst consensus rates AZO as Strong Buy with $4,274 price target.
Apr 2AutoZone Q2 FY2026 EPS $27.63 beats; 3.3% same-store sales growthPositive▶
AutoZone reports Q2 FY2026 EPS of $27.63 beating expectations; opens 53 net new stores amid 3.3% same-store sales growth.
Apr 1AutoZone reports Q2 2026 results with 8.1% sales growth and 64 new store openings; invests $1.6B CapEx.Positive▶
AutoZone reported Q2 2026 net sales of $4.3 billion, up 8.1% YoY. The company opened 64 new stores globally, bringing total to 7,774 locations. AutoZone recorded a non-cash $59 million LIFO charge impacting margins. Analyst consensus is Strong Buy with PT of $4,274.
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Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.