Barclays Raises AutoZone (AZO) PT to $4,510 on Anticipation of Higher Earnings

AutoZone Inc. (NYSE:AZO) is one of the stocks to invest in before they split next. On September 11, Barclays analyst Seth Sigman raised the firm’s price target on AutoZone to $4,510 from $3,916, while keeping an Overweight rating on the shares as part of a FQ4 2025 earnings preview. Barclays expects earnings estimates for AutoZone to move higher post the earnings report.

Earlier in FQ3 2025, the company reported total sales of $4.5 billion, which was a 5.4% increase from the previous year. Domestic same-store sales grew by 5%, while international same-store sales were up 8.1%.

AutoZone’s domestic commercial sales grew by 10.7% year-over-year, which marked the first double-digit growth since Fq2 2023. AutoZone continued its expansion strategy by opening 54 net new domestic stores and 30 new international stores, which brought the total number of international locations to 979.

AutoZone Inc. (NYSE:AZO) retails and distributes automotive replacement parts and accessories in the US, Mexico, and Brazil.

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Disclosure: None. This article is originally published at Insider Monkey.