Should You Buy Caseys General Stores Inc (CASY) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
BUY for a beginner long-term investor right now. CASY is in a primary uptrend (bullish moving-average stack), fundamentals are accelerating (FY2026/Q2 ~14% YoY growth across revenue/EPS/net income with improving gross margin), and Wall Street price targets imply meaningful upside from ~$613 (many targets $662–$730). Near-term momentum is slightly soft (MACD histogram negative) and options positioning is defensive, but for a long-term buyer who doesn’t want to wait, the current price near support (~$609) is an acceptable entry.
Technical Analysis
Trend: Bullish overall. Moving averages are stacked positively (SMA_5 > SMA_20 > SMA_200), supporting a longer-term uptrend. Momentum: Mixed—MACD histogram is -0.677 and negatively expanding, implying near-term cooling/pullback risk. RSI(6) ~50.03 is neutral (no overbought/oversold edge). Levels: Price ~$613.47 is close to S1 support ~609.22; below that, next support ~598.95. Upside reference levels: Pivot ~625.83 then resistance ~642.43 and ~652.70. Practical read: long-term trend is up, but short-term could chop; buying near current levels is reasonable given proximity to support.
Analyst Ratings and Price Target Trends
Recent trend: Net positive—multiple initiations/resumptions with Buy/Outperform and several price target increases in January 2026 (KeyBanc to $680; RBC to $662; BNP initiated Outperform $730; BofA initiated Buy $700; Deutsche resumed Buy $688). One notable negative: Northcoast downgraded to Neutral (from Buy) on 2026-01-21. Wall Street pros: defensive demand profile, strong fuel/inside margins, premium growth via foodservice, consistent EBITDA growth, and continued momentum. Wall Street cons: valuation described as not cheap/premium, and some caution on consumer/value environment and volatility in fuel-related metrics.
Wall Street analysts forecast CASY stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CASY is 609.33 USD with a low forecast of 530 USD and a high forecast of 700 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 CASY stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CASY is 609.33 USD with a low forecast of 530 USD and a high forecast of 700 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: 615.290
Current: 615.290
