Advance Auto Parts (AAP) to Announce Earnings on Thursday

Advance Auto Parts (NYSE:AAP) is projected to announce its Q2 2026 results before the market opens on Thursday, August 20th. Analysts expect Advance Auto Parts to announce earnings of $0.8060 per share and revenue of $2.0387 billion for the quarter. Advance Auto Parts has set its FY 2026 guidance at 2.400-3.100 EPS. Parties can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, August 20, 2026 at 8:00 AM ET.

Advance Auto Parts (NYSE:AAP) last announced its quarterly earnings data on Thursday, May 21st. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.38. The company had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.05 billion. Advance Auto Parts had a return on equity of 8.95% and a net margin of 0.51%.Advance Auto Parts’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period last year, the firm posted $0.40 EPS. On average, analysts expect Advance Auto Parts to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Advance Auto Parts Stock Up 0.5%

Shares of AAP opened at $56.85 on Tuesday. The firm has a market cap of $3.43 billion, a P/E ratio of 78.96, a P/E/G ratio of 0.93 and a beta of 1.03. The stock has a 50 day simple moving average of $57.42 and a two-hundred day simple moving average of $55.36. The company has a debt-to-equity ratio of 1.54, a current ratio of 1.78 and a quick ratio of 0.85. Advance Auto Parts has a 1 year low of $37.89 and a 1 year high of $65.21.

Institutional Investors Weigh In On Advance Auto Parts

Several institutional investors and hedge funds have recently bought and sold shares of the business. Rafferty Asset Management LLC lifted its position in shares of Advance Auto Parts by 28.4% in the 4th quarter. Rafferty Asset Management LLC now owns 7,446 shares of the company’s stock worth $293,000 after purchasing an additional 1,646 shares during the period. Bank of Montreal Can boosted its stake in shares of Advance Auto Parts by 8.2% during the 4th quarter. Bank of Montreal Can now owns 9,859 shares of the company’s stock valued at $387,000 after purchasing an additional 745 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of Advance Auto Parts during the 3rd quarter valued at about $393,000. Advisory Services Network LLC purchased a new position in shares of Advance Auto Parts during the third quarter valued at about $133,000. Finally, Glenmede Investment Management LP purchased a new position in shares of Advance Auto Parts during the third quarter valued at about $295,000. Hedge funds and other institutional investors own 88.70% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on AAP. TD Cowen reissued a “hold” rating on shares of Advance Auto Parts in a research note on Friday, May 22nd. Evercore set a $65.00 price objective on shares of Advance Auto Parts in a research note on Tuesday, August 4th. Morgan Stanley increased their target price on shares of Advance Auto Parts from $60.00 to $65.00 and gave the company an “equal weight” rating in a report on Friday, May 22nd. Wells Fargo & Company lifted their target price on shares of Advance Auto Parts from $50.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Friday, May 22nd. Finally, UBS Group boosted their price target on shares of Advance Auto Parts from $60.00 to $65.00 and gave the stock a “neutral” rating in a research note on Friday, May 22nd. Two equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $58.91.

Advance Auto Parts Company Profile

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.