Truist on O'Reilly Automotive (ORLY): 'Execution remains strong'

Truist Securities analyst Scot Ciccarelli reiterated a Buy rating and $108.00 price target on O'Reilly Automotive (NASDAQ: ORLY).

The analyst commented: "Execution remains strong; worries over tariff-driven same SKU decel misses the point; Net/net – 2Q trends were solid again, with a 6.0% comp (vs. our 5.5%E), driven primarily by a 10% comp in Commercial (~5 pts of total comp growth). Further, mrgs were solid, but flat YOY at 20.2%, generating ~8% EBIT $ and ~11% EPS growth. The co also slightly raised the midpoints of their full yr comp/EPS projections to 5%/$3.25. While shorter-term investors fret over a potential slowdown in comp optics in 2H as they cycle last yr’s tariffdriven inflation, we think investors will also soon look towards a “comp acceleration” cadence in ’27, as comparisons start to normalize. With strong LT drivers and operational execution, remain aggressive buyers of ORLY; PT $108."

For an analyst ratings summary and ratings history on O'Reilly Automotive click here. For more ratings news on O'Reilly Automotive click here.

Shares of O'Reilly Automotive closed at $87.36 yesterday.

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