JPMorgan Chase & Co. Lowers Advance Auto Parts (NYSE:AAP) Price Target to $55.00

Advance Auto Parts (NYSE:AAP) had its price objective reduced by analysts at JPMorgan Chase & Co. from $65.00 to $55.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 30.58% from the company’s previous close.

A number of other brokerages have also recently issued reports on AAP. Weiss Ratings upgraded shares of Advance Auto Parts from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. TD Cowen reduced their price objective on Advance Auto Parts from $61.00 to $45.00 and set a “hold” rating on the stock in a research report on Thursday. Royal Bank Of Canada dropped their price objective on Advance Auto Parts from $67.00 to $52.00 and set a “sector perform” rating for the company in a research report on Friday. Truist Financial set a $43.00 target price on shares of Advance Auto Parts in a report on Thursday. Finally, Citigroup lowered their price target on shares of Advance Auto Parts from $60.00 to $57.00 and set a “neutral” rating for the company in a report on Thursday, August 13th. Two analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $52.03.

Advance Auto Parts Price Performance

Advance Auto Parts stock traded down $0.27 during trading hours on Friday, hitting $42.12. The stock had a trading volume of 1,911,382 shares, compared to its average volume of 1,898,963. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.78 and a quick ratio of 0.85. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 58.50, a PEG ratio of 0.93 and a beta of 1.03. Advance Auto Parts has a 1-year low of $37.89 and a 1-year high of $65.21. The stock’s fifty day moving average is $56.94 and its two-hundred day moving average is $55.43.

Advance Auto Parts (NYSE:AAP) last released its quarterly earnings results on Thursday, August 20th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.22. Advance Auto Parts had a return on equity of 8.95% and a net margin of 0.51%.The business had revenue of $2 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the previous year, the company posted $0.69 EPS. The business’s revenue was down .5% on a year-over-year basis. Advance Auto Parts has set its FY 2026 guidance at 2.600-3.300 EPS. As a group, analysts predict that Advance Auto Parts will post 2.94 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Advance Auto Parts

A number of institutional investors have recently added to or reduced their stakes in the company. Maple Rock Capital Partners Inc. increased its stake in Advance Auto Parts by 86.5% during the second quarter. Maple Rock Capital Partners Inc. now owns 2,421,040 shares of the company’s stock worth $150,637,000 after acquiring an additional 1,122,900 shares during the last quarter. Quantitative Investment Management LLC grew its holdings in shares of Advance Auto Parts by 16.6% during the 2nd quarter. Quantitative Investment Management LLC now owns 13,300 shares of the company’s stock worth $827,000 after purchasing an additional 1,891 shares during the period. Two Sigma Securities LLC acquired a new stake in Advance Auto Parts during the 2nd quarter worth approximately $567,000. Hsbc Holdings PLC raised its holdings in Advance Auto Parts by 4.7% in the second quarter. Hsbc Holdings PLC now owns 7,879 shares of the company’s stock valued at $490,000 after buying an additional 355 shares during the period. Finally, Empowered Funds LLC acquired a new position in Advance Auto Parts during the second quarter valued at approximately $3,527,000. Hedge funds and other institutional investors own 88.70% of the company’s stock.

Key Headlines Impacting Advance Auto Parts

Here are the key news stories impacting Advance Auto Parts this week:

• Positive Sentiment: Adjusted second-quarter EPS was $1.03, above the $0.81 analyst consensus and up from $0.69 a year earlier. A $26 million tariff refund also helped margins, while the company expanded its product catalog. Advance Auto Parts tariff refund and product expansion article
• Positive Sentiment: Advance Auto Parts raised its adjusted full-year 2026 EPS guidance to $2.60-$3.30, maintained its sales outlook of approximately $8.485 billion-$8.575 billion, and continued reducing leverage through debt repayment. The company also declared a quarterly dividend of $0.25 per share.
• Neutral Sentiment: Analysts still see some potential recovery: Morgan Stanley and RBC each assigned $52 price targets, while DA Davidson set a $48 target. However, all three firms adopted neutral or market-perform-equivalent ratings, signaling limited conviction. Advance Auto Parts analyst price target revisions
• Negative Sentiment: Revenue of $2.00 billion missed the roughly $2.04 billion consensus, declined year over year, and comparable-store sales fell 0.5%. Investors appear more focused on weak underlying demand than on the EPS beat, particularly as financially constrained customers reduce do-it-yourself vehicle repairs. Advance Auto Parts weak DIY demand article
• Negative Sentiment: Several analysts lowered their price targets following the report. Bank of America maintained a Sell/Underperform rating with a $48 target, citing weak DIY demand and execution risks, reinforcing the cautious sentiment around AAP’s recovery. Bank of America rating on Advance Auto Parts

About Advance Auto Parts

Advance Auto Parts, Inc (NYSE: AAP) is a leading distributor of automotive aftermarket parts, accessories, and maintenance items. The company operates a network of stores and distribution centers across North America, serving both do-it-yourself (DIY) customers and professional service providers. Advance Auto Parts focuses on offering a comprehensive selection of replacement parts, batteries, engine components, and performance products for cars and light trucks.

The company’s product portfolio includes engine oils and lubricants, cooling system components, brake and suspension parts, filters, belts, hoses, and diagnostic tools.