Should You Buy Autozone Inc (AZO) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
AZO is NOT a good buy right now for a beginner long-term investor who is impatient. The stock is technically stretched (RSI ~89, price sitting at/just above near-term resistance) while fundamentals and Wall Street sentiment have recently softened after a fiscal Q1 miss and rising cost pressure. If you already own it, holding is reasonable; but as a new entry today, risk/reward is unfavorable at this level.
Technical Analysis
Trend is still bullish but extended. MACD histogram (+53.053) is above zero and expanding (positive momentum), however RSI_6 at 89.299 signals an overbought condition. Price (~3775.87) is essentially at R1 (3774.191) and below R2 (3877.472), which increases the odds of short-term consolidation/pullback rather than an attractive long-term entry today. Key levels: Pivot 3607; Support S1 3439 (deeper support S2 3336); Resistance R2 3877. Statistical pattern read-through also leans slightly negative over 1w to 1m (-0.13% next week, -0.85% next month).
Intellectia Proprietary Trading Signals
- [AI Stock Picker](module://ai_stock_pick): No signal on given stock today.
- [SwingMax](module://swingmax): No signal on given stock recently.
Analyst Ratings and Price Target Trends
Recent trend: clearly more cautious. Since the fiscal Q1 disappointment, multiple firms cut price targets (Barclays, JPMorgan, Citi, UBS, BMO, Guggenheim, Roth), and there were notable downgrades (Mizuho to Neutral; Wolfe to Peer Perform). Wall Street pros: still see strategic initiatives and pro/DIFM share gains supporting longer-term positioning; some explicitly call the pullback a buying opportunity. Wall Street cons: consensus estimates may be too optimistic, spending/cost structure is rising, and near-term margin headwinds (including weather-related headwinds cited by JPMorgan) could keep revisions pressure in place.
Wall Street analysts forecast AZO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AZO is 4328 USD with a low forecast of 3550 USD and a high forecast of 4800 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.
Wall Street analysts forecast AZO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AZO is 4328 USD with a low forecast of 3550 USD and a high forecast of 4800 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.
Current: 3799.990
Current: 3799.990
