AZO
AutoZone Inc
NYSE: AZO · CONSUMER CYCLICAL · AUTO PARTS
$3,427.80
+1.12% today
Updated 2026-06-05
Market cap
$49.59B
P/E ratio
20.83
P/S ratio
2.48x
EPS (TTM)
$145.41
Dividend yield
—
52W range
$2,928 – $4,388
Volume
0.3M
AutoZone Inc (AZO) Financial Forecast & Price Target 2030
Research-backed projections from analyst consensus, management guidance, and sector analysis.
Research-backed AZO price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$3,427.80
Today
Analyst consensus
$4,306.00
+25.62% · 12M
2030 Base
—
— future
NPV today
—
@ — WACC
22 analysts:
9 Buy2 Hold0 Sell
Management guidance
No specific CEO revenue targets found in provided data. Management has guided to continued store expansion (64 new stores in Q2 FY2026) and Mexico growth initiatives, but no explicit revenue guidance for 2026-2030 was disclosed in earnings calls or investor communications reviewed.
Sources: Management guidance, analyst consensus, sector analysishigh confidence
AZO · AutoZone Inc · Revenue & price projection · 2023–2030E
Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
—
NPV today: —
Base case (2030)
—
NPV today: —
Bull case (2030)
—
NPV today: —
WallStSmart.com
AZO financial forecast · Research-backed projections
| Metric | 2025 | 2026 (E) | 2027 (E) | 2028 (E) | 2029 (E) | 2030 (E) ★ |
|---|---|---|---|---|---|---|
| Revenue | $18.9B | $20.7B | $22.3B | $23.9B | $25.3B | $26.7B |
| Revenue growth | 2.4% | 9.4% | 7.7% | 6.8% | 6.2% | 5.5% |
| Net margin | — | — | — | — | — | — |
| EPS | $31.04 | $149.53 | $176.49 | $195.00 | $211.00 | $224.00 |
| Diluted shares | — | — | — | — | — | — |
| Net debt | — | — | — | — | — | — |
| P/S multiple | — | 1.0x | 1.0x | 1.0x | 1.0x | 1.0x |
| Implied price (base) | — | $14,962.38 | $16,322.59 | $17,342.75 | $18,362.92 | $19,383.08 |
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.
Scenario detail · Three drivers, three outcomes
| 2030E driver | Bear | Base | Bull |
|---|---|---|---|
| Revenue | $26.7B | $26.7B | $26.7B |
| P/S multiple | 1.0x | 1.0x | 3.0x |
| Diluted shares | 0M | 0M | 0M |
| Net debt | — | — | — |
| Implied P/E † | — | — | — |
| 2030 Price | $— | $— | $— |
| NPV @ — | $— | $— | $— |
† Implied P/E: Multiples remain elevated across all three scenarios because AZO is valued primarily on revenue scale during its growth phase, not near-term earnings power. Lower P/E in the bear case reflects multiple compression, but the absolute level stays high since 2030E still represents a hypergrowth-to-mature transition year.
EV to per-share bridge · How we get to $— base case
AZO catalysts and risks
Growth catalysts
+ Mexico market expansion and store count growth (64 new stores opened in Q2 FY2026)
+ E-commerce enhancement and omnichannel initiatives
+ Aging vehicle fleet driving demand for aftermarket parts (structural tailwind)
+ Share buyback program continuation reducing share count
+ Potential margin recovery if supply chain/production cost pressures ease
Key risks
- Recent margin compression from inflationary pressures and production cost headwinds (Q2 FY2026 showed weakness)
- Winter weather impact on sales (Q2 FY2026 sales growth disappointed at 8.2% vs. expectations)
- Rising interest rates impacting consumer discretionary spending and auto repair demand
- EV adoption reducing demand for traditional aftermarket parts over long term
- Insider selling pressure ($34M+ in insider sales within 90 days as of April 2026)
Methodology · AutoZone Inc 2030 stock forecast model
AutoZone Inc 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 22 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:
| 1. Share dilution | Projected from per-ticker schedule of SBC + equity raise activity, compounding year by year (-100% cumulative for AZO by 2030) |
| 2. Net debt | EV minus net debt yields equity value; debt projected from capex cycle trajectory (— by 2030) |
| 3. Time value | NPV calculated using — WACC (sector fallback) |
| 4. Multiple framework | P/S compresses with scale: bear 1.0x / base 1.0x / bull 3.0x |
| 5. Scenario design | Bull/Base/Bear vary revenue, margin, shares, debt, and multiple independently |
WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.
AZO price target FAQ
How is the AutoZone Inc 2030 stock forecast calculated?
The AZO 2030 projection multiplies projected revenue by a growth-adjusted P/S multiple to derive enterprise value, subtracts projected net debt to get equity value, then divides by diluted shares outstanding accounting for dilution from stock-based compensation and equity raises.
What is the analyst consensus on AZO stock?
22 analysts cover AZO with an average 12-month price target of $4,306.00. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.