From Yahoo Finance: 2025-05-28 13:15:00

JPMorgan lowered AutoZone Inc.’s price target to $4,200 despite a domestic sales beat in FQ3 2025, citing margin pressures. Earnings aligned with the firm’s forecast, below broader Street expectations.

In FQ3, AutoZone reported total sales of $4.5 billion, a 5.4% increase YoY. Domestic comparable sales were up 5%, international up 8.1%, with strong domestic commercial sales growth.

AutoZone opened 54 net new domestic stores and 30 international stores, stabilizing domestic business at a 4% comparable sales rate. JPMorgan anticipates continued investment for market share gains.

AutoZone Inc. (NYSE:AZO) retails automotive replacement parts in the US, Mexico, and Brazil. The potential for growth is acknowledged, but other AI stocks may offer higher returns with less downside risk. Check out our report on the cheapest AI stock for 100x upside potential.

Read more: JPMorgan Trims AutoZone (AZO) PT to $4,200 Despite Domestic Sales Beat, Cites Margin Pressures