Costco Wholesale Corp

Costco Wholesale Corp Stock Forecast & Price Prediction

Live Costco Wholesale Corp Stock (COST) Price
$933.64

29

Ratings

  • Buy 18
  • Hold 11
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$933.64

P/E Ratio

56.13

Volume Traded Today

$2.3M

Dividend

$1.16

52 Week High/low

962.00/572.24

Costco Wholesale Corp Market Cap

$413.11B

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COST Summary

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.

COST Analyst Ratings

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.

COST stock forecast by analyst

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

COST Company Information

What They Do: Operates membership warehouses offering a variety of products.

Business Model: The company operates on a membership-based model, generating revenue through membership fees and the sale of a wide range of products at competitive prices. It offers both branded and private-label merchandise across various categories, while also providing additional services such as gas stations, pharmacies, and e-commerce.

Other Information: Costco has a strong presence in multiple countries, which diversifies its revenue streams and reduces reliance on any single market. The company's focus on bulk purchasing and low prices attracts a loyal customer base, contributing to its sustained growth and profitability.
COST
Costco Wholesale Corp (COST)

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

Costco Wholesale Corp (COST) Financial Data

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

$166.76B

Revenue From 2021

$195.93B

17.49 %
From Previous Year

Revenue From 2022

$226.95B

15.83 %
From Previous Year

Revenue From 2023

$242.29B

6.76 %
From Previous Year
  • Revenue TTM $254.45B
  • Operating Margin TTM 3.8%
  • Gross profit TTM $32.10B
  • Return on assets TTM 8.4%
  • Return on equity TTM 30.3%
  • Profit Margin 2.9%
  • Book Value Per Share 53.31%
  • Market capitalisation $413.11B
  • Revenue for 2021 $195.93B
  • Revenue for 2022 $226.95B
  • Revenue for 2023 $242.29B
  • EPS this year (TTM) $16.61

Costco Wholesale Corp (COST) Latest News

News Image

Sun, 10 Nov 2024

Sentiment - POSITIVE

Source - The Motley Fool

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.

News Image

Mon, 11 Nov 2024

Sentiment - POSITIVE

Source - MarketBeat

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.

News Image

Mon, 11 Nov 2024

Sentiment - POSITIVE

Source - Investors Business Daily

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.

News Image

Mon, 11 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Mon, 11 Nov 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

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.

News Image

Mon, 11 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

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.

...

COST Frequently asked questions

The highest forecasted price for COST is $1065 from Ivan Feinseth at Tigress Financial.

The lowest forecasted price for COST is $675 from Rupesh Parikh from Oppenheimer

The COST analyst ratings consensus are 18 buy ratings, 11 hold ratings, and 0 sell ratings.