O'Reilly Likely Ups Guidance at Q3 Results, RBC Says

11:07 AM EDT, 10/20/2026 (MT Newswires) -- O'Reilly Automotive (ORLY) is expected to raise 2026 comparable store sales guidance at its Q3 results amid steady demand, RBC said in a Tuesday note. The results are due on Oct. 28. For Q3, comparable store sales are expected to grow 4.5%, against consensus of a 4.4% growth, with adjusted EPS rising 8% to $0.92, versus consensus of $0.93, the report said. The note said O'Reilly is expected to raise 2026 comparable store sales growth outlook to 5% to 6% from 4% to 6% and hold its margin guidance, resulting in higher adjusted EPS range. "While ~24x our 2027 adj. EPS estimate is by no means cheap, in our view, we'd argue valuation screens more attractive relative to some of the other high-quality names in the space," the report said. RBC maintained its outperform rating on the stock and raised its price target to $111 from $110. Price: 89.86, Change: +0.79, Percent Change: +0.89