RBC cuts target to USD 825.00 for Casey's General Stores stock

Published on 10/15/2026 at 22:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2027 first-quarter revenue rose 24.30 percent to USD 5.68 billion. Casey's General Stores stock costs EUR 600.60 on October 15, 2026.

Analyst view and upcoming date

RBC Capital analyst Irene Nattel cut the target from USD 910.00 to USD 825.00 on October 15, 2026.
Fiscal 2027 first-quarter revenue rose 24.30 percent to USD 5.68 billion.
Casey's General Stores stock costs EUR 600.60 at Lang & Schwarz on October 15, 2026 at 10:22 p.m. CEST.
The next ex-dividend date is October 30, 2026, with a quarterly dividend of USD 0.65.

CASY, US1475281036, Illustration mit AI erstellt.

Casey's General Stores (ISIN US1475281036) is trading at EUR 600.60 at Lang & Schwarz on October 15, 2026 at 10:22 p.m. CEST. GuruFocus reports that RBC Capital analyst Irene Nattel upgraded the stock from Sector Perform to Outperform on October 15, 2026, while cutting the target from USD 910.00 to USD 825.00.

RBC target sets the tone

The target cut and rating upgrade give investors two opposing signals. The new USD 825.00 target is 18.35 percent above the latest Nasdaq price of USD 673.63, calculated from the same October 15, 2026 quote. The analyst cited the recent decline and integration challenges linked to the Fikes acquisition, according to GuruFocus.

First-quarter scale remains visible

Casey's fiscal 2027 first-quarter revenue reached USD 5.68 billion, up 24.30 percent from the year-earlier period. Net income attributable to common shareholders was USD 273.72 million, while diluted earnings per share came to USD 7.37. The figures cover the quarter ended July 31, 2026, and the company's investor-relations page identifies the period as its first-quarter results.

The business operates nearly 3,000 convenience stores across 19 states and had about 47,000 team members as of July 31, 2026, according to Casey's investor-relations page. Prepared food, fuel and grocery sales remain the main operating pillars.

Price position and valuation

The latest Nasdaq quote was USD 673.63 at 4:00 p.m. ET on October 15, 2026. Casey's 52-week range was USD 497.38 to USD 927.85, placing the latest price 27.40 percent below the high and 35.42 percent above the low. Market capitalization was USD 24.9 billion and the trailing price-to-earnings ratio was 32.45.

Comparison with peers

CASY (Nasdaq, USD): P/E 32.45, market capitalization USD 24.9 billion as of October 15, 2026.
Murphy USA (NYSE, USD): plus 1.12 percent, P/E 16.59, market capitalization USD 10.0 billion as of October 15, 2026.
Alimentation Couche-Tard (TSX, CAD): plus 0.80 percent, P/E 16.77, market capitalization CAD 74.9 billion as of October 15, 2026.

Dividend date ahead

MarketBeat lists October 30, 2026 as the next ex-dividend date. The quarterly dividend is USD 0.65, payable on November 13, 2026, with a stated annualized yield of 0.40 percent.

What does the target imply?

RBC's USD 825.00 target leaves a measurable gap to the latest home-market price, even after the rating upgrade. For investors, the key tension is the contrast between 24.30 percent first-quarter revenue growth and the operational integration issues cited in the analyst note.