Casey's General Stores, Inc. (CASY) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 25 analysts8.9% Below Target
CASY trades 8.9% below Wall Street's consensus target of $916.92.
Current Price$842.25
Average Target$916.92
Target
Current
Low$695.00
Median$960.00
High$1069.00
Analyst Target Range
Forward P/E39.5x
(Growth Premium)
PEG Ratio2.20
(Pricey)
Implied Growth+11.1%
(Moderate)
Analyst Spread40.8%
(Moderate)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes CASY achieves its forward estimates and maintains a stable P/E multiple of 39.5x. This scenario reflects the blended consensus of 25 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
CASY Price Target Analysis
Updated June 22, 2026As of June 22, 2026, Casey's General Stores, Inc. (CASY) has a Wall Street consensus price target of $916.92, based on estimates from 25 covering analysts. With the stock currently trading at $842.25, this represents a potential upside of +8.9%. The company has a market capitalization of $31.22B.
Analyst price targets range from a low of $695.00 to a high of $1069.00, representing a 41% spread in expectations. The median target of $960.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 15 analysts rating the stock as a Buy or Strong Buy,10 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, CASY trades at a trailing P/E of 44.0x and forward P/E of 39.5x. The forward PEG ratio of 2.20 reflects a premium valuation. Analysts expect EPS to grow +11.1% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $990.59, with bear and bull scenarios of $624.07 and $1305.21 respectively. Model confidence stands at 63/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Consumer Cyclical stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+12.7%
Industry Consensus
Avg Forward P/E
18.7x
(Fair)
Peers with Coverage
7 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 MUSAMurphy USA Inc. | $10.2B | $551.26 | $524.25 | -4.9% | Hold | 17.3x | 11 |
 ARKOArko Corp. | $840M | $7.49 | $7.58 | +1.2% | Hold | 25.8x | 4 |
 CAPLCrossAmerica Partners LP | $840M | $22.02 | — | — | Hold | 20.8x | 15 |
 SUNSunoco LP | $8.7B | $63.50 | $74.50 | +17.3% | Hold | 7.4x | 24 |
 NTBThe Bank of N.T. Butterfield & Son Limited | $2.3B | $58.58 | $61.00 | +4.1% | Hold | 9.5x | 7 |
 DRVNDriven Brands Holdings Inc. | $2.1B | $12.68 | $16.09 | +26.9% | Buy | 10.4x | 15 |
 IMKTAIngles Markets, Incorporated | $1.7B | $87.43 | — | — | — | — | — |
 COKECoca-Cola Consolidated, Inc. | $15.2B | $181.54 | — | — | Hold | — | 1 |
 SBUXStarbucks Corporation | $114.7B | $100.65 | $108.50 | +7.8% | Buy | 42.1x | 59 |
 DPZDomino's Pizza, Inc. | $10.5B | $312.47 | $425.94 | +36.3% | Buy | 16.3x | 52 |
CASY — Frequently Asked Questions
Quick answers to the most common questions about buying CASY stock.
What is the CASY stock price target for 2026?
The consensus price target for CASY is $916.92, close to the current price of $842.25 (8.9% implied move). Based on 25 analyst estimates, the stock appears fairly valued near current levels.
Is CASY a buy, sell, or hold?
CASY has a consensus rating of "Buy" based on 25 Wall Street analysts. The rating breakdown is predominantly bullish, with 15 Buy/Strong Buy ratings. The consensus 12-month price target of $916.92 implies 8.9% upside from current levels.
Is CASY stock overvalued or undervalued?
At a forward P/E of 39.546x, CASY trades at a premium valuation. The consensus price target of $916.92 (8.9% upside) suggests analysts may view current valuations as stretched.
How high can CASY stock go?
The most bullish Wall Street analyst has a price target of $1069 for CASY, while the most conservative target is $695. The consensus of $916.92 represents the median expectation. Our quantitative valuation model projects a bull case target of $1305 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover CASY stock?
CASY is heavily covered by Wall Street, with 25 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 15 have Buy ratings, 10 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the CASY stock forecast?
The 12-month CASY stock forecast based on 25 Wall Street analysts shows a consensus price target of $916.92, with estimates ranging from $695 (bear case) to $1069 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $991, with bear/bull scenarios of $624/$1305.
What is CASY's fair value based on fundamentals?
Our quantitative valuation model calculates CASY's fair value at $991 (base case), with a bear case of $624 and bull case of $1305. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 63/100.
What is CASY's forward P/E ratio?
CASY trades at a forward P/E ratio of 39.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 44.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy CASY stock?
CASY appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $916.92 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do CASY price targets vary so much?
CASY analyst price targets range from $695 to $1069, a 41% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $916.92 consensus represents the middle ground. Our model's $624-$1305 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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