RBC Capital sets a price target of $438 for Casey’s, indicating a potential upside of 8.88%.
Casey’s reports quarterly earnings of $2.33 per share, surpassing the Zacks Consensus Estimate.
The company’s revenue reached $3.904 billion, exceeding expectations and highlighting growth through strategic expansion.

Casey’s General Stores (NASDAQ:CASY) is a leading convenience store chain with over 2,600 locations, primarily serving smaller communities in the Midwest. The company’s business model focuses on areas with limited competition from larger chains, generating revenue through fuel, food, groceries, and other convenience items. Casey’s aims to grow its store footprint and enhance high-margin offerings.

On March 12, 2025, Irene Nattel from RBC Capital set a price target of $438 for Casey’s, suggesting a potential upside of about 8.88% from its current trading price of $402.26. This optimistic outlook is supported by Casey’s recent robust financial performance, including quarterly earnings of $2.33 per share, which not only surpassed the Zacks Consensus Estimate of $1.76 per share but also matched the earnings from the same quarter last year.

For the fiscal 2025 third quarter, reported on March 11, Casey’s showcased significant growth with an EPS of $2.33, beating the analysts’ consensus estimate of $2.00. Moreover, the company reported revenue of $3.904 billion, exceeding the expected $3.723 billion. This performance highlights Casey’s strategic expansion through acquisitions and an increase in inside sales.

The stock for Casey’s is currently priced at $402.25, reflecting an increase of approximately 6.21% with a change of $23.54. Today, the stock has seen fluctuations between a low of $388.54 and a high of $412.21. Over the past year, the stock has reached a high of $445.17 and a low of $290, with a market capitalization of approximately $14.93 billion.