Costco Wholesale Corporation (COST)
NASDAQ: COST · Real-Time Price · USD
900.40
+6.11 (0.68%)
At close: Sep 11, 2024, 4:00 PM
899.02
-1.38 (-0.15%)
After-hours: Sep 11, 2024, 4:11 PM EDT
Stock Price Forecast
The 27 analysts with 12-month price forecasts for Costco stock have an average target of 823.96, with a low estimate of 585 and a high estimate of 975. The average target predicts a decrease of -8.49% from the current stock price of 900.40.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $585 | $823.96 | $873 | $975 |
| Change | -35.03% | -8.49% | -3.04% | +8.29% |
Analyst Ratings
The average analyst rating for Costco stock from 27 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 11 | 11 | 11 | 11 | 11 |
| Buy | 9 | 9 | 9 | 9 | 8 | 8 |
| Hold | 7 | 8 | 8 | 8 | 8 | 8 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 28 | 28 | 28 | 27 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Strong Buy Maintains $970 → $975 | Strong Buy | Maintains | $970 → $975 | +8.29% | Sep 6, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $925 | Buy | Maintains | $925 | +2.73% | Sep 6, 2024 |
| Stifel | Stifel | Strong Buy Maintains $910 → $915 | Strong Buy | Maintains | $910 → $915 | +1.62% | Sep 6, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $780 | Hold | Maintains | $780 | -13.37% | Sep 6, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $915 → $925 | Buy | Maintains | $915 → $925 | +2.73% | Sep 6, 2024 |
Financial Forecast
Revenue This Year
260.23B
from 242.29B
Increased by 7.41%
from 242.29B
Revenue Next Year
279.27B
from 260.23B
Increased by 7.32%
from 260.23B
EPS This Year
16.67
from 14.16
Increased by 17.71%
from 14.16
EPS Next Year
18.14
from 16.67
Increased by 8.81%
from 16.67
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 152.70B | 166.76B | 195.93B | 226.95B | 242.29B | 260.23B | 279.27B | 298.84B | |||
| Revenue Growth | 7.86% | 9.21% | 17.49% | 15.83% | 6.76% | 7.41% | 7.32% | 7.01% | |||
| EPS | 8.26 | 9.02 | 11.27 | 13.14 | 14.16 | 16.67 | 18.14 | 20.05 | |||
| EPS Growth | 16.50% | 9.20% | 24.94% | 16.59% | 7.76% | 17.71% | 8.81% | 10.54% | |||
| Forward PE | - | - | - | - | - | 54.02 | 49.65 | 44.91 | |||
| No. Analysts | - | - | - | - | - | 38 | 38 | 25 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 271.2B | 301.0B | 321.9B | |||
| Avg | 260.2B | 279.3B | 298.8B | |||
| Low | 248.2B | 261.3B | 274.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 11.9% | 15.7% | 15.3% | |||
| Avg | 7.4% | 7.3% | 7.0% | |||
| Low | 2.4% | 0.4% | -1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 17.69 | 21.29 | 27.51 | |||
| Avg | 16.67 | 18.14 | 20.05 | |||
| Low | 15.74 | 16.47 | 17.85 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 24.9% | 27.8% | 51.7% | |||
| Avg | 17.7% | 8.8% | 10.5% | |||
| Low | 11.2% | -1.2% | -1.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
