Wedbush Issues Pessimistic Forecast for AutoZone Earnings

AutoZone, Inc. (NYSE:AZO) – Investment analysts at Wedbush lowered their Q3 2025 earnings estimates for AutoZone in a research note issued on Wednesday, March 5th. Wedbush analyst S. Basham now forecasts that the company will post earnings per share of $38.13 for the quarter, down from their prior estimate of $39.25. Wedbush has a “Outperform” rating and a $3,700.00 price objective on the stock. The consensus estimate for AutoZone’s current full-year earnings is $152.94 per share. Wedbush also issued estimates for AutoZone’s Q4 2025 earnings at $49.95 EPS.

A number of other brokerages have also recently commented on AZO. TD Cowen increased their price objective on shares of AutoZone from $3,450.00 to $3,800.00 and gave the company a “buy” rating in a research note on Monday, December 16th. Barclays increased their price target on shares of AutoZone from $3,024.00 to $3,585.00 and gave the company an “overweight” rating in a research report on Thursday, January 9th. Morgan Stanley lifted their price objective on AutoZone from $3,490.00 to $3,750.00 and gave the stock an “overweight” rating in a research report on Wednesday. Wells Fargo & Company increased their target price on AutoZone from $3,750.00 to $3,850.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, Roth Mkm raised their price target on AutoZone from $3,634.00 to $3,763.00 and gave the stock a “buy” rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have issued a buy rating and four have given a strong buy rating to the stock. According to data from MarketBeat.com, AutoZone currently has an average rating of “Moderate Buy” and an average target price of $3,646.62.

AutoZone Stock Up 1.4 %

Shares of AZO stock opened at $3,607.20 on Thursday. The stock has a market cap of $60.54 billion, a P/E ratio of 24.10, a P/E/G ratio of 1.86 and a beta of 0.71. AutoZone has a fifty-two week low of $2,728.97 and a fifty-two week high of $3,615.79. The business has a fifty day simple moving average of $3,358.39 and a 200-day simple moving average of $3,226.46.

AutoZone (NYSE:AZO) last released its quarterly earnings data on Tuesday, March 4th. The company reported $28.29 earnings per share for the quarter, missing the consensus estimate of $29.11 by ($0.82). The firm had revenue of $3.95 billion during the quarter, compared to analysts’ expectations of $3.98 billion. AutoZone had a net margin of 14.18% and a negative return on equity of 53.89%.

Hedge Funds Weigh In On AutoZone

Several institutional investors and hedge funds have recently bought and sold shares of AZO. Geode Capital Management LLC increased its holdings in shares of AutoZone by 1.8% during the 3rd quarter. Geode Capital Management LLC now owns 421,716 shares of the company’s stock worth $1,326,545,000 after buying an additional 7,365 shares during the last quarter. Proficio Capital Partners LLC grew its position in AutoZone by 482,040.2% during the fourth quarter. Proficio Capital Partners LLC now owns 419,462 shares of the company’s stock valued at $1,343,117,000 after acquiring an additional 419,375 shares during the period. Price T Rowe Associates Inc. MD increased its stake in AutoZone by 5.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 324,616 shares of the company’s stock worth $1,039,421,000 after acquiring an additional 17,518 shares during the last quarter. Norges Bank purchased a new position in shares of AutoZone in the 4th quarter worth about $834,556,000. Finally, PineStone Asset Management Inc. raised its holdings in shares of AutoZone by 6.9% in the 4th quarter. PineStone Asset Management Inc. now owns 213,575 shares of the company’s stock worth $683,867,000 after purchasing an additional 13,771 shares during the period. Institutional investors and hedge funds own 92.74% of the company’s stock.

AutoZone Company Profile

AutoZone, Inc retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company provides various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.