O’Reilly Automotive (NASDAQ:ORLY) Issues FY 2026 Earnings Guidance

O’Reilly Automotive (NASDAQ:ORLY) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 3.200-3.300 for the period, compared to the consensus EPS estimate of 3.250. The company issued revenue guidance of $18.9 billion-$19.2 billion, compared to the consensus revenue estimate of $19.1 billion.

Analyst Upgrades and Downgrades

ORLY has been the topic of several recent research reports. Evercore reaffirmed an “outperform” rating and set a $115.00 target price on shares of O’Reilly Automotive in a research note on Friday, May 1st. Royal Bank Of Canada restated an “outperform” rating on shares of O’Reilly Automotive in a report on Friday, April 24th. Mizuho upped their price target on O’Reilly Automotive from $105.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Wells Fargo & Company set a $100.00 price objective on O’Reilly Automotive in a research note on Friday, July 24th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $113.00 price target on shares of O’Reilly Automotive in a report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, O’Reilly Automotive has a consensus rating of “Moderate Buy” and a consensus target price of $110.00.

O’Reilly Automotive Trading Down 3.5%

Shares of NASDAQ:ORLY traded down $3.22 on Thursday, reaching $87.41. 7,765,904 shares of the company traded hands, compared to its average volume of 6,782,128. The business’s 50-day simple moving average is $88.32 and its 200 day simple moving average is $91.74. O’Reilly Automotive has a 52 week low of $82.59 and a 52 week high of $108.71. The stock has a market capitalization of $72.44 billion, a P/E ratio of 28.64, a price-to-earnings-growth ratio of 2.01 and a beta of 0.51.

O’Reilly Automotive (NASDAQ:ORLY) last issued its earnings results on Wednesday, July 29th. The specialty retailer reported $0.86 EPS for the quarter, hitting analysts’ consensus estimates of $0.86. O’Reilly Automotive had a net margin of 14.30% and a negative return on equity of 263.22%. The business had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $4.86 billion. During the same period in the prior year, the firm earned $0.78 EPS. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. O’Reilly Automotive has set its FY 2026 guidance at 3.200-3.300 EPS. Sell-side analysts expect that O’Reilly Automotive will post 3.24 EPS for the current fiscal year.

Insider Buying and Selling at O’Reilly Automotive

In related news, CEO Brad W. Beckham sold 13,635 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $95.00, for a total transaction of $1,295,325.00. Following the sale, the chief executive officer directly owned 12,250 shares in the company, valued at $1,163,750. This represents a 52.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Robert Allen Dumas sold 84,600 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $92.60, for a total value of $7,833,960.00. Following the transaction, the senior vice president owned 1,782 shares of the company’s stock, valued at approximately $165,013.20. The trade was a 97.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 105,730 shares of company stock worth $9,815,388. 0.77% of the stock is currently owned by insiders.

O’Reilly Automotive News Roundup

Here are the key news stories impacting O’Reilly Automotive this week:

• Positive Sentiment: O’Reilly reported record second-quarter revenue of $4.89 billion, ahead of the approximately $4.86 billion consensus estimate. Comparable-store sales increased 6.0%, while diluted EPS rose 10% year over year to $0.86, supported by strong sales to professional customers. O’Reilly Automotive Second Quarter 2026 Results
• Positive Sentiment: The company maintained its 2026 outlook, calling for EPS of $3.20–$3.30 and revenue of $18.9 billion–$19.2 billion. The range reflects continued confidence in comparable sales and pro-customer growth, although it is close to Wall Street expectations. O’Reilly Q2 Earnings Beat on Strong Comparable and Pro Sales
• Neutral Sentiment: Morgan Stanley retained an “overweight” rating but lowered its price target from $112 to $108. The revised target still implies approximately 23% potential upside from the reported share price, suggesting the analyst remains bullish but sees somewhat less near-term appreciation. Benzinga analyst update
• Negative Sentiment: The earnings results were broadly viewed as meeting or only modestly exceeding expectations—EPS was reported at $0.86 versus estimates ranging from $0.85 to $0.86—and full-year guidance was near consensus. That may have disappointed investors looking for a larger outlook increase.
• Negative Sentiment: The lower Morgan Stanley target adds pressure to sentiment, particularly as ORLY trades at a relatively high valuation, with a reported P/E ratio near 29. Investors may therefore be demanding stronger guidance or earnings upside to support further gains.

Institutional Investors Weigh In On O’Reilly Automotive

Institutional investors and hedge funds have recently modified their holdings of the company. Wilkerson Advisory Group LLC bought a new position in shares of O’Reilly Automotive during the fourth quarter valued at approximately $27,000. Kemnay Advisory Services Inc. purchased a new position in O’Reilly Automotive in the fourth quarter worth about $30,000. BNP Paribas grew its holdings in O’Reilly Automotive by 1,400.0% during the 2nd quarter. BNP Paribas now owns 390 shares of the specialty retailer’s stock worth $35,000 after acquiring an additional 364 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in O’Reilly Automotive in the second quarter worth $38,000. Finally, Wealth Watch Advisors INC boosted its position in O’Reilly Automotive by 93.4% during the fourth quarter. Wealth Watch Advisors INC now owns 439 shares of the specialty retailer’s stock worth $40,000 after purchasing an additional 212 shares in the last quarter. 85.00% of the stock is owned by hedge funds and other institutional investors.

About O’Reilly Automotive

O’Reilly Automotive, Inc is a leading retailer and distributor in the automotive aftermarket, supplying parts, tools, supplies and accessories for both professional service providers and do‑it‑yourself (DIY) customers. The company’s product assortment covers replacement parts, maintenance items, performance parts, collision components and shop equipment, complemented by diagnostic tools, batteries, chemicals and consumables. O’Reilly serves customers through company-operated retail stores, commercial sales programs for repair shops and maintenance fleets, and digital channels that support parts lookup, ordering and fulfillment.

The company operates a broad supply chain that includes regional distribution centers to support rapid replenishment of store inventory and commercial deliveries.