AutoZone Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

AutoZone, Inc. AZO will release its third-quarter earnings results before the opening bell on Tuesday, May 27.

Analysts expect the Memphis, Tennessee-based company to report quarterly earnings at $37 per share, up from $36.69 per share in the year-ago period. AutoZone projects to report quarterly revenue at $4.41 billion, compared to $4.24 billion a year earlier, according to data from Benzinga Pro.

On March 4, the company reported second-quarter GAAP earnings per share of $28.29, missing the street view of $29.39.

AutoZone shares fell 0.3% to close at $3,859.25 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Wells Fargo analyst Zachary Fadem maintained an Overweight rating and raised the price target from $3,850 to $4,200 on May 19, 2025. This analyst has an accuracy rate of 84%.
Truist Securities analyst Scot Ciccarelli maintained a Buy rating and raised the price target from $3,841 to $3,995 on May 6, 2025. This analyst has an accuracy rate of 72%.
Goldman Sachs analyst Kate McShane upgraded the stock from Sell to Neutral and boosted the price target from $3,044 to $3,811 on April 1, 2025. This analyst has an accuracy rate of 67%.
DA Davidson analyst Michael Baker upgraded the stock from Neutral to Buy and increased the price target from $3,500 to $4,192 on March 21, 2025. This analyst has an accuracy rate of 75%.
UBS analyst Michael Lasser maintained a Buy rating and raised the price target from $3,875 to $4,025 on March 5, 2025. This analyst has an accuracy rate of 79%.

Considering buying AZO stock? Here’s what analysts think: