Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of February 28, 2026, Casey's General Stores, Inc. (CASY) has a Wall Street consensus price target of $630.91, based on estimates from 24 covering analysts. With the stock currently trading at $685.59, this represents a potential downside of -8.0%. The company has a market capitalization of $25.41B.
Analyst price targets range from a low of $530.00 to a high of $730.00, representing a 32% spread in expectations. The median target of $625.00 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,8 rating it Hold, and 1 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 46.8x and forward P/E of 39.5x. The forward PEG ratio of 2.53 reflects a premium valuation. Analysts expect EPS to grow +6.7% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $889.59, with bear and bull scenarios of $410.66 and $1104.58 respectively. Model confidence stands at 67/100, reflecting moderate uncertainty in projections.
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Start ComparisonWall Street's consensus price target for CASY is $630.91, -8.0% from its current price of $685.59. The below-market target from 24 analysts suggests limited near-term appreciation.
CASY has a consensus rating of "Buy" based on 24 Wall Street analysts. The rating breakdown is predominantly bullish, with 15 Buy/Strong Buy ratings. The consensus 12-month price target of $630.91 implies -8.0% downside from current levels.
At a forward P/E of 39.4675x, CASY trades at a premium valuation. The consensus price target of $630.91 (-8.0% downside) suggests analysts may view current valuations as stretched.
The most bullish Wall Street analyst has a price target of $730 for CASY, while the most conservative target is $530. The consensus of $630.91 represents the median expectation. Our quantitative valuation model projects a bull case target of $1105 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
CASY is well covered by analysts, with 24 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 15 have Buy ratings, 8 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month CASY stock forecast based on 24 Wall Street analysts shows a consensus price target of $630.91, with estimates ranging from $530 (bear case) to $730 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $890, with bear/bull scenarios of $411/$1105.
Our quantitative valuation model calculates CASY's fair value at $890 (base case), with a bear case of $411 and bull case of $1105. 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 67/100.
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 46.8x. 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.
Analysts are cautious on CASY, with 1 Sell ratings and a price target of $630.91 (-8.0% from current price). The "Buy" consensus suggests careful evaluation before buying. 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.
CASY analyst price targets range from $530 to $730, a 32% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $630.91 consensus represents the middle ground. Our model's $411-$1105 range provides an independent fundamental perspective.