AZO Price Prediction Next Week
Analysis and Insights
News Sentiment and Recent Developments:
AutoZone (AZO) has shown resilience despite broader market downturns, with its stock reaching an all-time high of $3,614.87 during intraday trading. This reflects strong analyst sentiment and positive ratings. BMO Capital recently raised its price target to $3,850 from $3,700, maintaining an Outperform rating, despite Q2 results being slightly below expectations due to weather and growth investments. Management remains optimistic about capturing market share in a fragmented industry, expecting momentum to build in the second half of the year.
Technical Indicators:
The stock is currently trading at $3,618 with the following key technical indicators:
- RSI (14-period): 70.52 (overbought territory, suggesting potential pullback)
- MACD: Positive but showing signs of peaking
- Fibonacci Levels:
- Pivot: $3,500.10
- Resistance 1: $3,600.63
- Resistance 2: $3,662.73
Price Prediction and Recommendation:
Given the current technical setup and news sentiment, the stock is expected to face resistance at $3,600.63. While the overall trend remains bullish, the overbought RSI suggests a potential short-term pullback.
Prediction: The stock is likely to reach $3,620 in the next trading week but may face selling pressure at this level.
Recommendation: Sell at $3,620, as the stock may experience a pullback due to overbought conditions and resistance levels.
AZO Similar Chart Price Prediction
The price of AZO is predicted to go up -6.24%, based on the high correlation periods with AMLX. The similarity of these two price pattern on the periods is 95.48%.
AZO
AMLX
Down: -6.24%Similarity: 95.48%
AZO Stock Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
AZO Price Forecast($)
Potential Return(%)
2025
4,000.000
23.030
2026
4,200.000
20.240
2027
4,500.000
28.830
2028
4,800.000
37.420
2029
5,500.000
57.460
2030
5,500.000
57.460
What is AZO stock price prediction 2025 ?
What is AZO stock price prediction 2026 ?
What is AZO stock price prediction 2027 ?
What is AZO stock price prediction 2028 ?
What is AZO stock price prediction 2029 ?
What is AZO stock price prediction 2030 ?
AZO Revenue Forecast
AZO EPS Forecast
AZO FAQs
What is AZO revenue forecast for next quarter？
What is AZO eps forecast for next quarter？
AZO VS S&P500
AutoZone should maintain its lead position in the DIY market while leveraging its existing distribution network to capture greater commercial share due to its enviable product availability and speed of service.
Strong supplier relationships and favorable payable terms are difficult to replicate at scale, giving AutoZone an advantage as it pertains to local product availability.
Consumer demand for auto parts tends to be insulated from macroeconomic conditions, enabling more stability in financial results.
AZO Analyst's Forecast
Simeon Gutman
Morgan Stanley
Buy
2025-03-05
Price Target
$3,490 → $3,750
Upside
+5.29%
JPMorgan raised the firm's price target on AutoZone to $3,830 from $3,775 and keeps an Overweight rating on the shares. The company continues to post mixed earnings prints, but the fiscal Q2 report had an important inflection in do-it-for-me comps of up 6%, the analyst tells investors in a research note. The firm expects the company's repurchases to accelerate.
Scot Ciccarelli
Truist Securities
Strong Buy
2025-03-05
Price Target
$3,753 → $3,841
Upside
+7.84%
Scott Stember
Roth MKM
Strong Buy
2025-03-05
Price Target
$3,634 → $3,763
Upside
+5.65%
