RBC raises target to USD 111 for O'Reilly Automotive stock

Published on 10/23/2026 at 11:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC raised its target to USD 111.00 on October 20, 2026. O'Reilly Automotive stock costs EUR 81.81 on October 23, 2026.

Upcoming results shape the setup

RBC raised its O'Reilly target to USD 111.00 from USD 110.00 on October 20, 2026.
Second-quarter revenue reached USD 4.89 billion, up 8.10 percent year over year.
O'Reilly Automotive stock trades at EUR 81.81 at 11:11 a.m. CEST at Lang & Schwarz on October 23, 2026.
Third-quarter results are scheduled for October 28, 2026, followed by the call on October 29, 2026.

Aquarellillustration einer unbeschrifteten Einzelhandelsfassade mit rotem Vordach und Parkplatz — O'Reilly Automotive (US67103H1077) Aktienbild: Aquarellmalerei einer generischen Autoteile-Ladenfassade in einem Einkaufszentrum mit Parkplatz, Illustration mit AI erstellt.

O'Reilly Automotive stock was trading at EUR 81.81 at Lang & Schwarz on October 23, 2026, at 11:11 a.m. CEST. The latest company-specific catalyst is RBC Capital's October 20 target increase to USD 111.00 from USD 110.00, while the retailer prepares to report its third-quarter results.

For investors, the next earnings release matters because the latest quarter combined revenue growth with a still demanding valuation discussion. The company generated USD 4.89 billion in revenue and USD 715.06 million in net income in the second quarter of 2026, compared with USD 4.53 billion and USD 668.60 million a year earlier, according to Markets Insider. Revenue therefore increased 8.10 percent year over year, while net income rose 6.95 percent.

RBC sees room for a higher target

RBC Capital raised its price target from USD 110.00 to USD 111.00 and maintained an Outperform rating on October 20, 2026, as Investing.com reported. The firm modeled third-quarter comparable-sales growth of 4.50 percent and adjusted earnings-per-share growth of 8.00 percent year over year to USD 0.92, versus consensus adjusted earnings per share of USD 0.93.

Three events set the chronology

On July 29, 2026, O'Reilly reported second-quarter revenue of USD 4.89 billion and adjusted earnings per share of USD 0.86, according to Markets Insider. On October 1, 2026, the company scheduled its third-quarter release for October 28. On October 20, 2026, RBC raised its target to USD 111.00 from USD 110.00.

What dates come next?

The company will publish third-quarter 2026 results after 3:30 p.m. Central Time on October 28, 2026, then hold its earnings conference call at 10:00 a.m. Central Time on October 29, 2026, according to O'Reilly Auto Parts. Those dates give investors a near-term test for the comparable-sales assumptions behind the higher target.

Store scale supports the thesis

O'Reilly operated 6,695 stores across 48 U.S. states, Puerto Rico, Mexico, and Canada as of June 30, 2026. The store count gives the company a broad operating base, but the upcoming report will show whether sales growth and adjusted earnings per share are tracking the expectations embedded in current analyst models.

Stock price and market setting

The stock was trading at EUR 81.81 at Lang & Schwarz on October 23, 2026, at 11:11 a.m. CEST. The Nasdaq listing and the company's USD 4.89 billion second-quarter revenue keep the central investor debate focused on growth delivery rather than a new corporate action. The further course of trading is shown by the continuously updated real-time quote of O'Reilly Automotive stock.