Advance Auto Parts Eyes Q4 with 2.1% Revenue Drop, Shares Up 52%
Advance Auto Parts will report fourth-quarter results this Friday, with analysts forecasting revenues of $1.95 billion—a 2.1% year-on-year decline—and adjusted EPS of $0.41. The stock has surged 52% so far in 2026, reflecting deep-value appeal under a new CEO credited with engineering a long-awaited turnaround.
1. Q4 Earnings Outlook
Advance Auto Parts will release Q4 results this Friday, with consensus estimates expecting revenues of $1.95 billion, down 2.1% year on year, and adjusted earnings of $0.41 per share.
2. Previous Quarter Performance
In the previous quarter, the company reported revenue of $2.04 billion, beating analyst estimates by 0.7% while marking a 5.2% decline year on year, and delivered EBITDA and full-year EPS guidance that exceeded forecasts.
3. 2026 Stock Rally
Shares have climbed 52% in 2026, outpacing the automotive and marine retail group’s 2.1% average decline, while analysts maintain a $51.29 average price target versus a $59 share price.
4. Strategic Leadership and Value Positioning
Investors cite deep-value characteristics and confidence in the new CEO’s background to support the rally, expecting operational improvements and a sustained turnaround under fresh leadership.