Advance Auto Parts Inc rises amid broad market strength
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 06 Jan 26
Advance Auto Parts Inc saw a price increase of 5.03% as it crossed above the 5-day SMA, reflecting positive momentum in the market.
This movement is attributed to broad market strength, with the Nasdaq-100 up 0.86% and the S&P 500 up 0.60%. The stock's performance aligns with the overall market trend, indicating a favorable environment for investors.
The rise in stock price suggests that investors are optimistic about the company's future prospects, potentially driven by broader economic conditions and market sentiment.
Analyst Views on AAP
Wall Street analysts forecast AAP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AAP is 55.23 USD with a low forecast of 40.00 USD and a high forecast of 65.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
1 Buy
14 Hold
2 Sell
Hold
Current: 48.120
Low
40.00
Averages
55.23
High
65.00
Current: 48.120
Low
40.00
Averages
55.23
High
65.00
About AAP
Advance Auto Parts, Inc. is an automotive aftermarket parts provider in North America, serving both professional installers (professional) and do-it-yourself (DIY) customers, as well as independently owned operators. The Company's stores and branches offer a range selection of brand names, original equipment manufacturer (OEM) and owned brand automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy-duty trucks. The Company operates approximately 4,788 stores primarily within the United States (U.S.), with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The Company also serves approximately 934 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Its stores operate primarily under the Advance Auto Parts and Carquest trade names.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
