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These Analysts Cut Their Forecasts On Casey's General Stores After Q1 Results
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Casey’s General Stores Inc (NASDAQ:CASY) posted upbeat first-quarter results, after the closing bell on Tuesday.

The company posted quarterly earnings of $7.37 per share, beating market estimates of $6.72 per share. The company’s sales came in at $5.678 billion versus expectations of $5.568 billion.

"Guests are responding well to our compelling value proposition on our high-quality prepared food, especially in whole pies. On the fuel side, our team’s robust capabilities helped us navigate a volatile environment and produced strong results," said Darren Rebelez, chairman, president and CEO of Casey’s.

Casey’s expects inside same-store sales to increase between 2% and 5% in fiscal 2027. The company expects same-store fuel gallons sold to be approximately flat, plus or minus 1%.

Casey’s shares gained 0.7% to trade at $633.69 on Thursday.

These analysts made changes to their price targets on Casey’s General Stores following earnings announcement.

  • Keybanc analyst Bradley B. Thomas maintained the stock with an Overweight rating and lowered the price target from $970 to $780.
  • UBS analyst Mark Carden maintained the stock with a Neutral and cut the price target from $925 to $720.

Considering buying CASY stock? Here’s what analysts think:

Photo via Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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