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Investing.com - TD Cowen has raised its price target on O’Reilly Automotive (NASDAQ:ORLY) to $112.00 from $107.00 while maintaining a Buy rating on the stock. This aligns with the broader Wall Street sentiment, as InvestingPro data shows 14 analysts have recently revised their earnings estimates upward, with an overall Buy consensus rating of 1.71.
The firm expressed continued bullishness on O’Reilly’s market share opportunity, noting that the company is well-positioned to navigate through tariff challenges in the near term.
TD Cowen believes that O’Reilly’s investments in selling, general and administrative expenses (SG&A) and inventory should yield longer-term market share growth for the auto parts retailer.
The research firm has adjusted its comparable sales estimates toward the higher end of O’Reilly’s full-year guidance range and sees potential for upside to the company’s implied second-half forecast.
O’Reilly Automotive currently ranks as TD Cowen’s number two stock pick in its coverage universe, according to the research note.
In other recent news, O’Reilly Automotive reported its Q2 2025 earnings, meeting analyst expectations with an earnings per share (EPS) of $0.78 and revenue of $4.53 billion. This performance has been a focal point for investors, reflecting robust sales and strategic expansions. UBS raised its price target for O’Reilly to $115, citing a 4.1% growth in comparable sales as evidence of market share gains in the automotive aftermarket sector. Similarly, Evercore ISI increased its price target to $107, highlighting the company’s strong execution and margin expansion despite current tariff challenges. RBC Capital also adjusted its price target to $104, maintaining an Outperform rating after O’Reilly’s results met expectations, despite higher SG&A expenses. DA Davidson reiterated its Buy rating with a price target of $107, noting the company’s positive momentum in beating comparable sales expectations for three consecutive quarters. These developments indicate a continued positive outlook from analysts on O’Reilly’s performance and strategy.
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