AutoZone Boosts Share Repurchase Program by $1.5 Billion

AutoZone ( (AZO) ) just unveiled an update.

On October 8, 2025, AutoZone‘s Board of Directors approved the transition of William C. Rhodes, III from Executive Chairman to Chairman, effective January 2026, with compensation adjusted to standard non-employee director policies and an annual $250,000 in restricted stock units. Additionally, the Board authorized an extra $1.5 billion for its share repurchase program, bringing the total authorization since 1998 to $40.7 billion, reflecting the company’s strong capital allocation strategy and commitment to shareholder value.

The most recent analyst rating on (AZO) stock is a Buy with a $4600.00 price target. To see the full list of analyst forecasts on AutoZone stock, see the AZO Stock Forecast page.

Spark’s Take on AZO Stock

According to Spark, TipRanks’ AI Analyst, AZO is a Neutral.

AutoZone’s overall stock score reflects strong financial performance and sales growth, tempered by high leverage, declining free cash flow, and valuation concerns. The technical indicators suggest mixed momentum, while the earnings call highlights both growth opportunities and financial challenges. The absence of a dividend yield further limits attractiveness for some investors.

To see Spark’s full report on AZO stock, click here.

More about AutoZone

AutoZone is the leading retailer and distributor of automotive replacement parts and accessories in the Americas, operating 7,657 stores across the U.S., Mexico, and Brazil. The company offers a wide range of products for cars, SUVs, vans, and light trucks, including automotive hard parts, maintenance items, and accessories. AutoZone also provides commercial sales programs and sells products online through various platforms, but does not offer repair or installation services.

Average Trading Volume: 119,354

Technical Sentiment Signal: Buy

Current Market Cap: $69.83B

For a thorough assessment of AZO stock, go to TipRanks’ Stock Analysis page.