The Costco Wholesale Corp (COST) share price is expected to increase by 0.57% over the next year. This is based on calculating the average 12-month share price estimate provided by 29 stock analysts who have covered COST. Price targets range from $675 at the low end to $1065 at the high end. The current analyst consensus for COST is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 29 Wall Street analysts have assignedCOST 18 buy ratings, 11 hold ratings, and 0 sell ratings. This means that analysts expect Costco Wholesale Corp to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on COST. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of COST.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Joseph Feldman Telsey Advisory Group | Outperform | $1000 | Maintains | Nov 7, 2024 |
Joseph Feldman Telsey Advisory Group | Outperform | $1000 | Maintains | Nov 4, 2024 |
Dean Rosenblum Bernstein | Outperform | $1016 | Initiates | Oct 22, 2024 |
Ivan Feinseth Tigress Financial | Buy | $1065 | Maintains | Oct 17, 2024 |
Mark Astrachan Stifel | Buy | $935 | Maintains | Oct 10, 2024 |
Rupesh Parikh Oppenheimer | Outperform | $980 | Maintains | Oct 10, 2024 |
Greg Melich Evercore ISI Group | Outperform | $990 | Maintains | Oct 10, 2024 |
Joseph Feldman Telsey Advisory Group | Outperform | $1000 | Maintains | Oct 10, 2024 |
Michael Baker DA Davidson | Neutral | $880 | Maintains | Oct 10, 2024 |
Joseph Feldman Telsey Advisory Group | Outperform | $1000 | Maintains | Oct 3, 2024 |
Oliver Chen TD Cowen | Buy | $975 | Maintains | Sep 30, 2024 |
Scot Ciccarelli Truist Securities | Hold | $909 | Maintains | Sep 27, 2024 |
Kate McShane Goldman Sachs | Buy | $995 | Maintains | Sep 27, 2024 |
Joseph Feldman Telsey Advisory Group | Outperform | $1000 | Maintains | Sep 27, 2024 |
Laura Champine Loop Capital | Buy | $1005 | Maintains | Sep 27, 2024 |
Bill Kirk Roth MKM | Neutral | $755 | Maintains | Sep 27, 2024 |
Michael Baker DA Davidson | Neutral | $880 | Maintains | Sep 27, 2024 |
George Kelly Wells Fargo | Equal-Weight | $850 | Maintains | Sep 27, 2024 |
Mark Astrachan Stifel | Buy | $925 | Maintains | Sep 27, 2024 |
Kelly Bania BMO Capital | Outperform | $980 | Reiterates | Sep 27, 2024 |
When did it IPO
1986
Staff Count
316,000
Country
United States
Sector/Industry
Consumer Defensive/Discount Stores
CEO
Mr. Ron M. Vachris
Market Cap
$413.11B
In 2023, COST generated $242.29B in revenue, which was a increase of 6.76% from the previous year. This can be seen as a signal that COST's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - A membership-based retailer is demonstrating strong resilience amid challenges faced by other consumer-facing companies.
Why It Matters - Resilience in a challenging market suggests strong consumer demand and potential for stable revenue, making the retailer an attractive investment amid uncertainty in the sector.
Summary - Costco Wholesale Corp. (NASDAQ: COST) reached new 52-week highs, with a year-to-date increase of nearly 43% and a nearly 200% rise over the past five years.
Why It Matters - Costco's strong performance and new 52-week highs signal robust consumer demand and confidence, potentially attracting more investment and boosting its market valuation.
Summary - Costco stock outperforms Tesla, Apple, and Microsoft, indicating strong potential for further gains, according to recent analysis.
Why It Matters - Costco's strong performance compared to major tech stocks indicates potential for growth, suggesting a shift in investment focus and potential undervaluation in consumer staples.
Summary - Costco (COST) is currently at a 52-week high. Investors are examining the company's fundamentals to assess potential for future gains.
Why It Matters - Costco's 52-week high indicates strong market confidence. Analyzing its fundamentals will help gauge potential for continued growth and investment returns.
Summary - Costco's membership model and pricing power differentiate it from competitors. Comparable sales increased by 5.1% in October.
Why It Matters - Costco's membership model and 5.1% rise in comparable sales underscore its strong pricing power and competitive advantage, indicating robust consumer demand and potential for revenue growth.
Summary - Costco (COST) shares closed at $932.88, reflecting a decrease of 1.16% from the prior trading session.
Why It Matters - Costco's recent stock decline may indicate market volatility or investor sentiment shifts, impacting future performance and investment strategies.