Casey’s Stock Target Raised as Cramer Praises It as ‘Absolute Favorite’

Casey’s General Stores, Inc. (NASDAQ:CASY) is one of the 12 Jim Cramer Stock Picks this Week.

Jim Cramer’s ‘absolute favorite’ stock sees an elevation in its price target following a terrific quarter.

Casey’s Stock Target Raised as Cramer Praises It as ‘Absolute Favorite’

Casey’s General Stores, Inc. (NASDAQ:CASY) announced its Q1 2026 results on September 8, 2025, where it highlighted achieving revenue of $4.57 billion. The figure exceeded the analyst’s expectations, which stood at $4.47 billion. The company’s EPS also beat the consensus estimates by a solid 15%. The terrific growth was attributed to strong same-store sales growth in addition to the 200 more stores in operation than the previous year.

Following the strong quarter, analysts are raising their price target on the stock. The most recent being an uplift from $560 to $580 by Evercore ISI. Jim Cramer called the stock his ‘absolute favorite under-the-radar growth stocks’ and made the following statement.

“Everything’s going great at Casey’s, and the market eventually got this one right”

Insider Monkey database recorded a significant 47 hedge funds invested in the ownership stakes of Casey’s General Stores, Inc. (NASDAQ:CASY), reflecting a strong confidence in its growth prospects.

Casey’s General Stores, Inc. (NASDAQ:CASY) was founded in 1968. The Iowa-based company is a major convenience store chain in the Midwestern and Southern United States. It is particularly well-known for its fresh, prepared food offerings, especially its popular, made-from-scratch pizzas.

While we acknowledge the risk and potential of CASY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CASY and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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