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NYSE: AAP
Advance Auto Parts Inc Stock Forecast, Predictions & Price Target

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Analyst price target for AAP

Based on 12 analysts offering 12 month price targets for Advance Auto Parts Inc.
Min Forecast
$147.00-2%
Avg Forecast
$175.08+16.72%
Max Forecast
$200.00+33.33%

Should I buy or sell AAP stock?

Based on 13 analysts offering ratings for Advance Auto Parts Inc.
Buy
Strong Buy
3 analysts 23.08%
Buy
1 analysts 7.69%
Hold
9 analysts 69.23%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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AAP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Stephens & Co.
Top 7%
94
HoldMaintains$164.00+9.33%2022-11-21
Goldman Sachs
Bottom 12%
12
Strong BuyMaintains$197.00+31.33%2022-11-17
Morgan Stanley
Bottom 1%
1
HoldMaintains$165.00+10.00%2022-11-17
RBC Capital
Bottom 16%
16
HoldMaintains$165.00+10.00%2022-11-17
Raymond James
Top 5%
96
Strong BuyMaintains$200.00+33.33%2022-11-17
Guggenheim
Top 20%
81
HoldDowngradesN/AN/A2022-11-17
Citigroup
Bottom 20%
20
HoldDowngrades$161.00+7.33%2022-11-17
Truist Securities
Top 3%
98
HoldDowngrades$147.00-2.00%2022-11-17
Wedbush
Top 9%
92
BuyMaintains$165.00+10.00%2022-11-16
UBS
Top 6%
95
HoldDowngrades$182.00+21.33%2022-11-16

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Forecast return on equity

Is AAP forecast to generate an efficient return?
Company
35.67%
Industry
-23.63%
Market
53.04%
AAP's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is AAP forecast to generate an efficient return on assets?
Company
7.99%
Industry
14.2%
AAP is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

AAP earnings per share forecast

What is AAP's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$12.98+65.14%
Avg 2 year Forecast
$14.78+88.04%
Avg 3 year Forecast
$16.35+108.02%
AAP's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

AAP revenue forecast

What is AAP's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$11.1B+0.27%
Avg 2 year Forecast
$11.6B+4.6%
Avg 3 year Forecast
$12.1B+8.84%
AAP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

AAP earnings growth forecast

How is AAP forecast to perform vs Specialty Retail companies and vs the US market?
Company
36.83%
Industry
4.58%
Market
19.45%
AAP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
AAP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
AAP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

AAP revenue growth forecast

How is AAP forecast to perform vs Specialty Retail companies and vs the US market?
Company
2.26%
Industry
4.89%
Market
6.4%
AAP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
AAP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

AAP vs Retail Stocks

TickerPricePrice TargetUp/downsideConsensus
AAP$150.00$175.08+16.72%Buy
FIVE$161.63$176.93+9.47%Strong Buy
WSM$122.42$143.71+17.39%Hold
GME$26.17$26.50+1.26%Sell
DKS$121.69$128.05+5.23%Buy

Advance Auto Parts Stock Forecast FAQ

Is Advance Auto Parts Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NYSE: AAP) stock is to Buy AAP stock.

Out of 13 analysts, 3 (23.08%) are recommending AAP as a Strong Buy, 1 (7.69%) are recommending AAP as a Buy, 9 (69.23%) are recommending AAP as a Hold, 0 (0%) are recommending AAP as a Sell, and 0 (0%) are recommending AAP as a Strong Sell.

If you're new to stock investing, here's how to buy Advance Auto Parts stock.

What is AAP's earnings growth forecast for 2022-2024?

(NYSE: AAP) Advance Auto Parts's forecast annual earnings growth rate of 36.83% is forecast to beat the US Specialty Retail industry's average forecast earnings growth rate of 4.58%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 19.45%.

Advance Auto Parts's earnings in 2022 is $476,844,000.On average, 9 Wall Street analysts forecast AAP's earnings for 2022 to be $769,113,234, with the lowest AAP earnings forecast at $759,040,102, and the highest AAP earnings forecast at $778,593,828. On average, 11 Wall Street analysts forecast AAP's earnings for 2023 to be $875,769,922, with the lowest AAP earnings forecast at $828,959,487, and the highest AAP earnings forecast at $945,096,770.

In 2024, AAP is forecast to generate $968,798,257 in earnings, with the lowest earnings forecast at $906,581,855 and the highest earnings forecast at $1,113,969,861.

What is AAP's revenue growth forecast for 2022-2024?

(NYSE: AAP) Advance Auto Parts's forecast annual revenue growth rate of 2.26% is not forecast to beat the US Specialty Retail industry's average forecast revenue growth rate of 4.89%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.4%.

Advance Auto Parts's revenue in 2022 is $11,077,952,000.On average, 7 Wall Street analysts forecast AAP's revenue for 2022 to be $658,162,665,096, with the lowest AAP revenue forecast at $655,217,518,396, and the highest AAP revenue forecast at $662,118,798,699. On average, 8 Wall Street analysts forecast AAP's revenue for 2023 to be $686,631,053,695, with the lowest AAP revenue forecast at $673,747,340,464, and the highest AAP revenue forecast at $709,134,844,733.

In 2024, AAP is forecast to generate $714,421,520,529 in revenue, with the lowest revenue forecast at $703,311,982,062 and the highest revenue forecast at $738,605,865,460.

What is AAP's forecast return on assets (ROA) for 2022-2024?

(NYSE: AAP) forecast ROA is 7.99%, which is lower than the forecast US Specialty Retail industry average of 14.2%.

What is AAP's Price Target?

According to 12 Wall Street analysts that have issued a 1 year AAP price target, the average AAP price target is $175.08, with the highest AAP stock price forecast at $200.00 and the lowest AAP stock price forecast at $147.00.

On average, Wall Street analysts predict that Advance Auto Parts's share price could reach $175.08 by Nov 21, 2023. The average Advance Auto Parts stock price prediction forecasts a potential upside of 16.72% from the current AAP share price of $150.00.

What is AAP's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: AAP) Advance Auto Parts's current Earnings Per Share (EPS) is $7.86. On average, analysts forecast that AAP's EPS will be $12.98 for 2022, with the lowest EPS forecast at $12.81, and the highest EPS forecast at $13.14. On average, analysts forecast that AAP's EPS will be $14.78 for 2023, with the lowest EPS forecast at $13.99, and the highest EPS forecast at $15.95. In 2024, AAP's EPS is forecast to hit $16.35 (min: $15.30, max: $18.80).

What is AAP's forecast return on equity (ROE) for 2022-2024?

(NYSE: AAP) forecast ROE is 35.67%, which is considered strong.
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