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Casey's General Stores, Inc. (NASDAQ:CASY) Stock Analysis

  • Goldman Sachs set a price target of $530 for (NASDAQ:CASY), indicating the stock is trading near its expected value.
  • The stock is trading at about 33 times its current-year earnings, suggesting a premium valuation but supported by strong market presence and growth potential.
  • Despite a recent decrease of about 5.34%, CASY's strong outlook and active investor interest highlight its significance in the convenience store industry.

Casey's General Stores, Inc. (NASDAQ:CASY) is a renowned convenience store chain in the United States, operating over 2,000 stores across the Midwest and Southern regions. It offers a diverse range of products including fuel, groceries, and prepared foods, competing with other convenience store chains like 7-Eleven and Circle K.

On December 10, 2025, Goldman Sachs set a price target of $530 for CASY. At that time, the stock was trading at $533.76, which is about 0.70% higher than the target. This slight difference suggests that the stock is trading near its expected value, as highlighted by TheFly.

Despite concerns over its valuation, CASY is expected to continue its upward trend. The stock is trading at about 33 times its current-year earnings, indicating a premium valuation. However, the company's strong market presence and growth potential support the belief that the stock price will keep rising.

As of late 2025, CASY's stock price is approximately $533.18, reflecting a decrease of about 5.34% or $30.06. During the trading day, the stock fluctuated between a low of $529.84 and a high of $569.39. Over the past year, it reached a high of $573.76 and a low of $372.09.

Casey's General Stores has a market capitalization of approximately $19.82 billion, indicating its significant size in the market. The trading volume for the day is 581,942 shares, showing active investor interest. The company remains a key player in the convenience store industry, with a strong outlook for future growth.