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BJ's, AutoZone, Intuit Stocks Plunge After Target Cuts

5/27/2026

Summary

Analysts Slash Targets

May 27, 2026, shares of BJ's Club, AutoZone, and Intuit hit 52-week lows after analysts cut price targets.
DA Davidson, Citi, and Bank of America cut BJ's target to $105 and $100, while Mizuho and Argus lowered Intuit's to $500 and $480, citing TurboTax shortfalls.
AutoZone posted Q3 revenue of $4.84 billion and earnings of $38.07 per share, yet its stock fell to a low of $3,001 amid slowdown and inflation.

Summary

AutoZone Adds Stores

AutoZone added 82 net new stores, raising its global total to 7,856 locations—57 in the U.S., 20 in Mexico and five in Brazil.
The retailer’s inventory rose 10.8% year-over-year to $7.56 billion, reflecting expansion efforts and inflationary pressures.
AutoZone repurchased 164,000 shares for $586.3 million at an average price of $3,582 per share during the quarter.
Management projected 355-365 new stores for the fiscal year and kept $804.2 million of buyback capacity.

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Analysts Slash Targets

May 27, 2026, shares of BJ's Club, AutoZone, and Intuit hit 52-week lows after analysts cut price targets.
DA Davidson, Citi, and Bank of America cut BJ's target to $105 and $100, while Mizuho and Argus lowered Intuit's to $500 and $480, citing TurboTax shortfalls.
AutoZone posted Q3 revenue of $4.84 billion and earnings of $38.07 per share, yet its stock fell to a low of $3,001 amid slowdown and inflation.

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