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Mizuho Raises its Price Target on O’Reilly Automotive (ORLY)

O’Reilly Automotive, Inc. (NASDAQ:ORLY) is one of the 10 Best Depressed Stocks to Buy in 2026.

On May 8, 2026, Mizuho raised the firm’s price target on O’Reilly Automotive, Inc. (NASDAQ:ORLY) to $110 from $105 previously while maintaining an Outperform rating on the shares.

Roth Capital also raised the firm’s price target on O’Reilly Automotive, Inc. (NASDAQ:ORLY) to $109 from $108 and maintained a Buy rating on the shares. The firm said it remains constructive on the stock following the company’s Q1 outperformance and raised guidance. Roth added that same-store sales exceeded expectations, supported by strong trends in both the professional and DIY segments.

Similarly, Morgan Stanley analyst Simeon Gutman raised the firm’s price target on O’Reilly Automotive, Inc. (NASDAQ:ORLY) to $112 from $108 while maintaining an Overweight rating. The firm said the limited amount of Q1 comparable sales upside reflected in updated guidance suggests FY26 expectations remain conservatively positioned.

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On April 30, 2026, O’Reilly Automotive, Inc. (NASDAQ:ORLY) reported Q1 EPS of 72c, versus the consensus estimate of 69c. Revenue totaled $4.56B, versus the consensus estimate of $4.46B. CEO Brad Beckham said the company delivered a strong start to 2026, highlighted by an 8.1% increase in comparable store sales and 16% growth in diluted EPS. Beckham added that both professional and DIY businesses exceeded expectations, with double-digit growth in the professional segment and mid-single-digit growth in DIY. The company also pointed to disciplined expense management and stable industry demand as factors supporting operating profit growth and continued market share expansion opportunities in 2026.

O’Reilly Automotive, Inc. (NASDAQ:ORLY) operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories across the United States, Puerto Rico, Mexico, and Canada.

While we acknowledge the risk and potential of ORLY 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 ORLY and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

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