Advance Auto Parts, Inc. (AAP)
NYSE: AAP · IEX Real-Time Price · USD
61.03
-0.46 (-0.75%)
At close: Dec 29, 2023, 4:00 PM
60.99
-0.04 (-0.07%)
After-hours: Dec 29, 2023, 7:57 PM EST
Advance Auto Parts Stock Forecast
Stock Price Forecast
According to 18 stock analysts, the average 12-month stock price forecast for AAP stock stock is $71, which predicts an increase of 16.34%. The lowest target is $43 and the highest is $142. On average, analysts rate AAP stock stock as a hold.
Analyst Consensus: Hold
* Price targets were last updated on Nov 16, 2023.
Analyst Ratings
The average analyst rating for AAP stock from 22 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 | Dec '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 19 | 20 | 20 | 20 | 20 | 20 |
| Sell | 1 | 1 | 1 | 1 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 23 | 22 | 22 | 23 | 22 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| William Blair | William Blair | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Dec 13, 2023 |
| UBS | UBS | Hold Maintains $75 → $62 | Hold | Maintains | $75 → $62 | +1.59% | Nov 16, 2023 |
| JP Morgan | JP Morgan | Hold Maintains $78 → $55 | Hold | Maintains | $78 → $55 | -9.88% | Nov 16, 2023 |
| Wedbush | Wedbush | Hold Maintains $80 → $60 | Hold | Maintains | $80 → $60 | -1.69% | Nov 16, 2023 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $83 → $73 | Hold | Maintains | $83 → $73 | +19.61% | Nov 16, 2023 |
Financial Forecast
Revenue This Year
11.40B
from 11.15B
Increased by 2.19%
Revenue Next Year
11.58B
from 11.40B
Increased by 1.61%
EPS This Year
1.65
from 8.27
Decreased by -80.05%
EPS Next Year
3.65
from 1.65
Increased by 121.34%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 11.9B | 12.2B | 12.7B | 12.8B | 13.0B | 13.4B |
| Avg | 11.4B | 11.6B | 11.9B | 12.3B | 12.5B | 12.8B |
| Low | 11.0B | 11.2B | 11.3B | 11.8B | 12.1B | 12.5B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 6.7% | 6.6% | 9.2% | 8.1% | 5.9% | 7.0% |
| Avg | 2.2% | 1.6% | 2.5% | 3.1% | 1.9% | 2.9% |
| Low | -1.2% | -2.2% | -2.8% | -0.9% | -1.2% | -0.2% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 3.20 | 6.03 | 9.86 | 4.63 | 5.70 | 6.43 |
| Avg | 1.65 | 3.65 | 4.81 | 4.08 | 5.48 | 6.18 |
| Low | 1.37 | 2.34 | 2.45 | 3.50 | 5.32 | 6.00 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | -61.3% | 265.3% | 170.0% | -3.6% | 39.8% | 17.2% |
| Avg | -80.0% | 121.3% | 31.6% | -15.2% | 34.5% | 12.7% |
| Low | -83.4% | 42.0% | -32.8% | -27.2% | 30.5% | 9.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.