Advance Auto Parts (AAP) Stock Overview
Provides automotive aftermarket parts. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
AAP Community Fair Values
Create NarrativeSee what 19 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Advance Auto Parts, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$44.68 |
| 52 Week High | US$65.21 |
| 52 Week Low | US$37.89 |
| Beta | 1.03 |
| 1 Month Change | -16.52% |
| 3 Month Change | -26.51% |
| 1 Year Change | -26.86% |
| 3 Year Change | -25.31% |
| 5 Year Change | -78.29% |
| Change since IPO | 221.44% |
Recent News & Updates
Narrative Update • Sep 04
AAP: Weaker Margins And Q2 Miss Will Likely Limit Turnaround
Analysts have lowered their price target for Advance Auto Parts from about $44 to about $33, citing updated assumptions around slightly lower profit margins, a higher discount rate, and a reduced future P/E multiple despite higher modeled revenue growth. What’s in the News for Advance Auto Parts Advance Auto Parts reported disappointing Q2 results with a comparable sales miss and weaker profit performance than expected, according to RBC Capital Markets.
Narrative Update • Aug 21
AAP: New Market Hubs And Store Openings Will Support Bullish Outlook
Analysts have revised their fair value estimate for Advance Auto Parts from about $60.37 to roughly $50.21, reflecting updated assumptions regarding discount rates, revenue growth, profit margins, and future P/E expectations. What’s in the News for Advance Auto Parts Advance Auto Parts plans to open 9 new market hubs during the third quarter of 2026, according to recent company developments.Seeking Alpha • Aug 20
Advance Auto Parts: Panic Over Sales Slowdown Creates Opportunity (Upgrade)
Summary Advance Auto Parts is upgraded to "Buy" after a 25% share price drop, as margin recovery is underappreciated. Despite DIY channel weakness and flat sales, AAP's gross margin expanded by 240 bps and operating margin nearly doubled to 5.6%. Free cash flow turned positive at $120 million YTD, with net leverage reduced to 2.1x and a highly secure 2.2% dividend yield. Guidance was reaffirmed for sales and raised for EPS, but the normalized outlook is lower; shares now trade below a $50 fair value. Read the full article on Seeking AlphaRecent updates
Narrative Update • Sep 04
AAP: Weaker Margins And Q2 Miss Will Likely Limit Turnaround
Analysts have lowered their price target for Advance Auto Parts from about $44 to about $33, citing updated assumptions around slightly lower profit margins, a higher discount rate, and a reduced future P/E multiple despite higher modeled revenue growth. What’s in the News for Advance Auto Parts Advance Auto Parts reported disappointing Q2 results with a comparable sales miss and weaker profit performance than expected, according to RBC Capital Markets.Narrative Update • Aug 21
AAP: New Market Hubs And Store Openings Will Support Bullish Outlook
Analysts have revised their fair value estimate for Advance Auto Parts from about $60.37 to roughly $50.21, reflecting updated assumptions regarding discount rates, revenue growth, profit margins, and future P/E expectations. What’s in the News for Advance Auto Parts Advance Auto Parts plans to open 9 new market hubs during the third quarter of 2026, according to recent company developments.Seeking Alpha • Aug 20
Advance Auto Parts: Panic Over Sales Slowdown Creates Opportunity (Upgrade)
Summary Advance Auto Parts is upgraded to "Buy" after a 25% share price drop, as margin recovery is underappreciated. Despite DIY channel weakness and flat sales, AAP's gross margin expanded by 240 bps and operating margin nearly doubled to 5.6%. Free cash flow turned positive at $120 million YTD, with net leverage reduced to 2.1x and a highly secure 2.2% dividend yield. Guidance was reaffirmed for sales and raised for EPS, but the normalized outlook is lower; shares now trade below a $50 fair value. Read the full article on Seeking AlphaNarrative Update • Jul 01
AAP: Expanded Delivery Partnership And Fair Valuation Will Guide Balanced Outlook
Analysts have modestly lifted their price target for Advance Auto Parts to $60.37 from $56.76, reflecting updated assumptions around discount rates, revenue growth, profit margin, and future P/E expectations. What’s in the News for Advance Auto Parts Advance Auto Parts expanded its partnership with OneRail to broaden the use of OneRail’s delivery orchestration platform across its operations (source: company news summarised).Analysis Article • Jun 19
Advance Auto Parts (AAP) Stock Could Be 5.9% Overvalued After OneRail Partnership Expansion
Advance Auto Parts (AAP) drew fresh investor attention after expanding its partnership with logistics platform OneRail, a move aimed at upgrading delivery coordination across its internal fleet and third party providers. See our latest analysis for Advance Auto Parts. Alongside the OneRail expansion, investors have seen a 21.34% 30 day share price return and a 54.54% year to date share price return, while the 5 year total shareholder return is down 66.41%. This suggests that recent momentum...
Narrative Update • Jun 16
AAP: Turnaround And Distribution Consolidation Should Support Future Stock Multiple
Analysts have maintained their $70.00 price target on Advance Auto Parts, citing revised assumptions that include a higher discount rate, slightly higher projected revenue growth, modestly improved profit margin expectations, and a small adjustment to the future P/E multiple. What’s in the News for Advance Auto Parts Advance Auto Parts is nearing completion of a distribution center consolidation plan that is intended to improve supply chain productivity, according to recent reporting.Narrative Update • Jun 02
AAP: Turnaround Progress Will Likely Be Constrained By Cautious Margin Guidance
Analysts now see Advance Auto Parts' fair value at about $44, up from roughly $41. This reflects updated assumptions for higher revenue growth, a slightly stronger profit margin, and a modestly higher future P/E multiple despite a steeper discount rate.Narrative Update • May 11
AAP: Completed Buybacks And 2026 Sales Guidance Will Support Future Multiple
Analysts have kept their $70.00 price target on Advance Auto Parts unchanged, citing slightly adjusted assumptions for discount rate, revenue growth, profit margin, and future P/E that refine their outlook without shifting the overall valuation anchor. What's in the News Advance Auto Parts issued full year 2026 earnings guidance, with expected net sales between $8,485 million and $8,575 million.Narrative Update • Apr 23
AAP: Completed Buybacks And 2026 Sales Guidance Will Support Future Multiple
Analysts have kept their $70.00 price target on Advance Auto Parts steady, citing only small adjustments in the modeled discount rate, revenue growth, profit margin, and future P/E assumptions as the reason to keep their valuation view largely unchanged. What's in the News Advance Auto Parts issued earnings guidance for full year 2026, with expected net sales in a range of $8,485m to $8,575m (company guidance).Narrative Update • Apr 08
AAP: Completed Buybacks And Lower Discount Rate Will Support Future Multiple
Analysts have raised their price target on Advance Auto Parts to $70 from $65, reflecting updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News Advance Auto Parts reported that from October 5, 2025 to January 3, 2026, it repurchased 0 shares for $0 million, and stated that it has completed the previously announced buyback program with a total of 12,114,059 shares repurchased for $2,152.86 million, representing 18.62% of shares under the program announced on August 13, 2019 (Key Developments).Narrative Update • Mar 25
AAP: Modest Margin Outlook And Cautious Guidance Will Likely Limit Future Upside
Analysts have modestly adjusted their price target for Advance Auto Parts to about $40.63 per share, reflecting updated assumptions around revenue growth, profit margins, and future P/E expectations. What's in the News Advance Auto Parts reported that between October 5, 2025 and January 3, 2026, it repurchased 0 shares for $0 under its existing buyback, and stated that it has completed repurchases of 12,114,059 shares, or 18.62%, totaling $2,152.86m under the buyback announced on August 13, 2019 (Key Developments).Narrative Update • Mar 10
AAP: Softer Long Term Revenue Outlook Will Likely Cap Future Upside
Analysts have lifted their price target for Advance Auto Parts from about $34.51 to roughly $40.63, pointing to a lower assumed discount rate and higher future P/E, even as they now model softer revenue growth and slightly lower profit margins. What's in the News Issued full year 2026 earnings guidance with expected net sales between US$8.485b and US$8.575b, giving investors a clearer view of management's current top line outlook (Corporate Guidance).Narrative Update • Feb 24
AAP: New House-Brand Rollout And Guidance Will Shape Balanced Outlook
Analysts have lifted their price target for Advance Auto Parts by about $5 to $57. This reflects updated views on fair value, a lower discount rate and revised assumptions for revenue growth, profit margin and future P/E.Narrative Update • Feb 10
AAP: Value-Focused Product Launch Will Support Stronger Future Earnings Multiple
Analysts have modestly revised their price target framework for Advance Auto Parts, keeping fair value unchanged at $65.00 while fine tuning assumptions such as a 12.33% discount rate, 2.29% revenue growth, a 4.02% profit margin, and a 14.91x future P/E to better reflect their current outlook on the business. What's in the News Advance Auto Parts launched ARGOS, a new owned oil and fluids brand aimed at customers looking for high quality, lower priced auto care products, following extensive surveys, market analysis and field testing with both DIY and professional users (Key Developments).Narrative Update • Jan 27
AAP: New Private Label Launch And Modest Outlook Will Shape Measured Upside
Analysts have trimmed their implied fair value estimate for Advance Auto Parts from about US$54.30 to roughly US$51.29. This reflects slightly lower assumptions for revenue growth, profit margins and future P/E multiples.Narrative Update • Jan 12
AAP: Higher Future P/E Will Reflect Stronger Revenue Outlook
Analysts have maintained their fair value estimate for Advance Auto Parts at $65.00. They have adjusted their assumptions to reflect modestly higher revenue growth, lower profit margins, and a higher future P/E, which together underpin the latest price target narrative.Analysis Article • Jan 06
Advance Auto Parts (NYSE:AAP) Will Pay A Dividend Of $0.25
Advance Auto Parts, Inc. ( NYSE:AAP ) will pay a dividend of $0.25 on the 23rd of January. Based on this payment, the...Analysis Article • Jan 01
Advance Auto Parts, Inc.'s (NYSE:AAP) Popularity With Investors Under Threat As Stock Sinks 26%
Unfortunately for some shareholders, the Advance Auto Parts, Inc. ( NYSE:AAP ) share price has dived 26% in the last...Narrative Update • Dec 27
AAP: Higher Revenue Outlook Will Support Improved Forward Earnings Multiple
Analysts have raised their price target on Advance Auto Parts from 61.41 dollars to 65.00 dollars, citing expectations for stronger revenue growth and a modest re rating of future earnings multiples, despite slightly lower projected profit margins and a higher discount rate. What's in the News Updated buyback disclosure shows no share repurchases between July 13 and October 4, 2025, and confirms completion of a 12.1 million share program totaling approximately 18.6% of shares for about $2.15 billion under the 2019 authorization (Key Developments).Analysis Article • Dec 23
Advance Auto Parts' (NYSE:AAP) Dividend Will Be $0.25
Advance Auto Parts, Inc. ( NYSE:AAP ) has announced that it will pay a dividend of $0.25 per share on the 23rd of...Narrative Update • Dec 12
AAP: Higher Risk Profile Will Likely Limit Upside Despite Margin Improvement
Analysts have raised their price target on Advance Auto Parts by about 3 percent to approximately 34.51 dollars, citing improving revenue growth expectations, higher projected profit margins, and a more attractive future earnings multiple despite a slightly higher discount rate. What's in the News Advance Auto Parts raised its full year 2025 net sales guidance to a range of 8,550 million dollars to 8,600 million dollars, up from the prior 8,400 million dollars to 8,600 million dollars range (Company guidance filing).Narrative Update • Nov 27
AAP: Revenue Outlook And Completed Buyback Will Support Measured Upside
Analysts have raised their price target for Advance Auto Parts from $53.20 to $54.30. This change is based on strengthened revenue growth expectations, even with a higher discount rate and modestly lower profit margins.Analysis Article • Nov 08
Advance Auto Parts (NYSE:AAP) Is Due To Pay A Dividend Of $0.25
Advance Auto Parts, Inc. ( NYSE:AAP ) will pay a dividend of $0.25 on the 23rd of January. This means the dividend...Analysis Article • Oct 09
Advance Auto Parts (NYSE:AAP) Is Due To Pay A Dividend Of $0.25
Advance Auto Parts, Inc. ( NYSE:AAP ) has announced that it will pay a dividend of $0.25 per share on the 24th of...Analysis Article • Aug 18
Advance Auto Parts (NYSE:AAP) Is Due To Pay A Dividend Of $0.25
The board of Advance Auto Parts, Inc. ( NYSE:AAP ) has announced that it will pay a dividend of $0.25 per share on the...Narrative Update • Aug 16
Supply Chain Consolidation And Vendor Partnerships Will Boost Efficiency By 2027
The notable upward revision in Advance Auto Parts’ price target reflects improved revenue growth forecasts and an increase in expected future P/E, resulting in a new consensus analyst price target of $52.60. What's in the News Advance Auto Parts expects 2025 net sales of $8.4 billion to $8.6 billion and guided Q2 net sales at $1.98 billion to $2.00 billion, with flat to slightly positive comparable store sales.Analysis Article • Jul 13
Optimistic Investors Push Advance Auto Parts, Inc. (NYSE:AAP) Shares Up 29% But Growth Is Lacking
Despite an already strong run, Advance Auto Parts, Inc. ( NYSE:AAP ) shares have been powering on, with a gain of 29...Analysis Article • Jun 30
Advance Auto Parts (NYSE:AAP) Is Paying Out A Dividend Of $0.25
The board of Advance Auto Parts, Inc. ( NYSE:AAP ) has announced that it will pay a dividend on the 25th of July, with...Analysis Article • Jun 10
Advance Auto Parts (NYSE:AAP) Has Debt But No Earnings; Should You Worry?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • May 23
Advance Auto Parts, Inc.'s (NYSE:AAP) 49% Price Boost Is Out Of Tune With Revenues
Advance Auto Parts, Inc. ( NYSE:AAP ) shares have had a really impressive month, gaining 49% after a shaky period...Seeking Alpha • Apr 16
Advance Auto Parts: Solid Turnaround Progress, But Near-Term Weakness Cannot Be Ignored
Summary I maintain a hold rating on Advance Auto Parts due to ongoing execution risks and the need for sustained same-store-sales growth and valuation below 16x. AAP's financial flexibility has significantly improved with reduced net debt and increased cash, allowing management to focus on operational execution without financial distress. Turnaround initiatives, including store closures and new operational strategies, are progressing faster than expected, showing early signs of positive impact on performance. Read the full article on Seeking AlphaAnalysis Article • Apr 08
What Is Advance Auto Parts, Inc.'s (NYSE:AAP) Share Price Doing?
Advance Auto Parts, Inc. ( NYSE:AAP ), might not be a large cap stock, but it received a lot of attention from a...Seeking Alpha • Mar 28
Advance Auto Parts: Growth Strategy May Prove Too Aggressive
Summary Advance Auto Parts has struggled, losing half its value, but plans to add stores, signaling hopes for a potential turnaround. Despite store expansion, same-store sales and revenue have declined, raising concerns about the company's growth strategy and timing. The company has significant liquidity from asset sales but faces challenges with cash flow, debt reduction, and achieving EBITDA growth targets. Tariffs on imported vehicles and parts present mixed impacts, with potential cost increases and demand shifts, and I still view the stock as a sell. Read the full article on Seeking AlphaAnalysis Article • Mar 24
Advance Auto Parts (NYSE:AAP) Has Announced A Dividend Of $0.25
The board of Advance Auto Parts, Inc. ( NYSE:AAP ) has announced that it will pay a dividend of $0.25 per share on the...Seeking Alpha • Mar 11
Advance Auto Parts: Ready For A Major Turnaround
Summary Advance Auto Parts may be down 85% from its peak, but it's beginning to show plenty of promise, with investors no where close to pricing in the potential upside. Despite disappointing Q4 results, including a significant EPS crash and margin contraction, the company's restructuring efforts and future guidance offer plenty of optimism. The sale of Worldpac for $1.45 billion will also help to drastically reduce debt, while ahead-of-schedule store closures are expected to boost EPS and financial stability going into H2. Read the full article on Seeking AlphaAnalysis Article • Mar 04
More Unpleasant Surprises Could Be In Store For Advance Auto Parts, Inc.'s (NYSE:AAP) Shares After Tumbling 27%
Advance Auto Parts, Inc. ( NYSE:AAP ) shareholders won't be pleased to see that the share price has had a very rough...Shareholder Returns
| AAP | US Specialty Retail | US Market | |
|---|---|---|---|
| 7D | 1.1% | -3.7% | -1.0% |
| 1Y | -26.9% | -13.1% | 14.1% |
Return vs Industry: AAP underperformed the US Specialty Retail industry which returned -14.5% over the past year.
Return vs Market: AAP underperformed the US Market which returned 13.1% over the past year.
Price Volatility
| AAP volatility | |
|---|---|
| AAP Average Weekly Movement | 9.9% |
| Specialty Retail Industry Average Movement | 7.3% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.3% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: AAP has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: AAP's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1929 | 41,141 | Shane O’Kelly | shop.advanceautoparts.com |
Advance Auto Parts, Inc. provides automotive aftermarket parts. The company offers batteries and battery accessories; belts and hoses; brakes and brake pads; chassis parts; climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts. It also provides air conditioning chemicals and accessories; air fresheners; antifreeze and washer fluid; electrical wire and fuses; electronics; floor mats, seat covers, and interior accessories; hand and specialty tools; lighting products; performance parts; sealants, adhesives, and compounds; tire repair accessories; vent shades, mirrors, and exterior accessories; washes, waxes, and cleaning supplies; and wiper blades.
Advance Auto Parts, Inc. Fundamentals Summary
| AAP fundamental statistics | |
|---|---|
| Market cap | US$2.62b |
| Earnings (TTM) | US$109.00m |
| Revenue (TTM) | US$8.62b |
24.8x
P/E Ratio0.3x
P/S RatioIs AAP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AAP income statement (TTM) | |
|---|---|
| Revenue | US$8.62b |
| Cost of Revenue | US$4.73b |
| Gross Profit | US$3.89b |
| Other Expenses | US$3.78b |
| Earnings | US$109.00m |
Last Reported Earnings
Jul 18, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.80 |
| Gross Margin | 45.14% |
| Net Profit Margin | 1.26% |
| Debt/Equity Ratio | 150.1% |
How did AAP perform over the long term?
See historical performance and comparisonDividends
2.2%
Current Dividend Yield55%
Payout RatioDoes AAP pay a reliable dividends?
See AAP dividend history and benchmarks| Advance Auto Parts dividend dates | |
|---|---|
| Ex Dividend Date | Oct 09 2026 |
| Dividend Pay Date | Oct 23 2026 |
| Days until Ex dividend | 26 days |
| Days until Dividend pay date | 40 days |
Does AAP pay a reliable dividends?
See AAP dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/11 10:49 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/07/18 |
| Annual Earnings | 2026/01/03 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Advance Auto Parts, Inc. is covered by 38 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Craig Kennison | Baird |
| Alan Rifkin | Barclays |