AZO Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: AZO's strong business model and positive analyst sentiment suggest potential growth, bolstered by recent robust earnings reports. The low implied volatility across options indicates low market expectations for downside, paving the way for upward price movement.




Bearish Case: Increased insider selling, coupled with high valuation ratios and recent negative sentiment, raises concerns about AZO's sustainability, making it vulnerable to declines despite its historical performance.




Potential Outcomes:

1. Continued growth with a 60% probability (strong fundamentals).

2. Price stagnation around $3,200 at 30% likelihood (market adjusting to valuations).

3. Decline to $3,000, 10% chance (negative sentiment impacts).




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November 21, 2024


Autozone Forecast

AZO        Autozone











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