AutoZone stock faces earnings watch before September 22

AutoZone Inc. stock (US0533321024) closed at USD 2,859.61 on September 18, 2026, up 0.54 percent, with volume of 428,683 shares and a market capitalization of USD 46.70 billion. The next quarterly results are due on September 22, 2026, and the market is treating that date as the main catalyst.

Target cuts and earnings pressure

According to ad hoc news on September 20, 2026, Oppenheimer cut its AutoZone price target to USD 3,500 from USD 4,300 and kept an Outperform rating. The same report said Wells Fargo lowered its target to USD 3,500 from USD 4,150, Barclays to USD 3,637 from USD 3,900, and Citi to USD 3,450 from USD 3,700.

TradingKey said on September 20, 2026 that fiscal Q4 2026 consensus points to EPS of USD 54.30 and revenue of USD 6.71 billion, with the stock testing support near USD 2,834.19. That revenue view implies 7.49 percent growth, and the same report compared it with fiscal Q4 2025 EPS of USD 48.71.

Store growth still matters

According to Yahoo Finance on September 20, 2026, AutoZone has opened its 8,000th store, while analysts following the name see a gap between the current share price of USD 2,855.31 and a narrative fair value of USD 3,867.91. The same article said the stock is down 13.6 percent year to date and that the 1-year total shareholder return is down 31 percent.

For investors, the comparison is clear: a USD 6.71 billion revenue expectation against a USD 2,859.61 share price leaves the earnings print and margin delivery in focus. MarketBeat also lists a consensus price target of USD 3,913.63, which is 36.9 percent above the latest close.

Price stays below the peak

AutoZone stock ended September 18, 2026 between the 52-week low of USD 2,815.00 and the 52-week high of USD 4,332.68. With a market capitalization of USD 46.70 billion, the shares still trade well below the top of that range.

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