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Advance Auto Parts Revenue Declines in Q1

Analyst Predictions for AAP Stock

Advance Auto Parts reported a 0.1% year-on-year revenue decline to $2.68 billion in the first quarter. Despite this, analysts are optimistic about the company's future. On average, Wall Street analysts predict that Advance Auto Parts' share price could reach $63.44 by Aug. 16, 2025.

Key Takeaways:

* Advance Auto Parts reported a 0.1% revenue decline in Q1. * Analysts predict AAP stock could reach $63.44 by August 2025. * The company is forecast to grow earnings and revenue by 3.17% and 1.4% per year, respectively.

Analysts' Price Forecasts

* The 14 analysts with 12-month price forecasts for Advance Auto Parts stock have an average target price of $63.44. * This target price represents a potential upside of 12.1% from the current price. * The highest price target is $74.00, while the lowest is $54.00.

Company Outlook

* Advance Auto Parts is forecast to grow earnings and revenue by 3.17% and 1.4% per annum, respectively. * This growth is expected to be driven by increased demand for auto parts and services. * The company is also investing in new technologies, such as e-commerce and artificial intelligence, to improve its customer experience and efficiency.