Costco Wholesale (COST) Stock Forecast, Price Target & Predictions
COST Stock Forecast
Costco Wholesale stock forecast is as follows: an average price target of $794.74 (represents a -9.24% downside from COST’s last price of $875.67) and a rating consensus of 'Buy', based on 22 wall street analysts offering a 1-year stock forecast.
COST Price Target
The average price target for Costco Wholesale (COST) is $794.74 based on 1-year price targets from 22 Wall Street analysts in the past 3 months, with a price target range of $1.00K to $509.00. This represents a potential -9.24% downside from COST's last price of $875.67.
COST Analyst Ratings
According to 22 Wall Street analysts, Costco Wholesale's rating consensus is 'Buy'. The analyst rating breakdown for COST stock is 0 'Strong Buy' (0.00%), 16 'Buy' (72.73%), 6 'Hold' (27.27%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Costco Wholesale Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 27, 2024 | Robert Ohmes | Bank of America Securities | $972.00 | $885.62 | 9.75% | 11.00% |
| Sep 27, 2024 | Kelly Bania | BMO Capital | $980.00 | $879.90 | 11.38% | 11.91% |
| Sep 27, 2024 | Joseph Feldman | Telsey Advisory | $1.00K | $901.44 | 10.93% | 14.20% |
| Sep 27, 2024 | Mark Astrachan | Stifel Nicolaus | $925.00 | $901.44 | 2.61% | 5.63% |
| Sep 27, 2024 | Laura Champine | Loop Capital Markets | $1.00K | $901.44 | 11.49% | 14.77% |
| Sep 27, 2024 | Michael Baker | D.A. Davidson | $880.00 | $885.62 | -0.63% | 0.49% |
| Sep 27, 2024 | Kate McShane | Goldman Sachs | $995.00 | $885.62 | 12.35% | 13.63% |
| Sep 27, 2024 | Seth Sigman | Barclays | $850.00 | $901.44 | -5.71% | -2.93% |
| Sep 27, 2024 | Paul Lejuez | Citigroup | $800.00 | $885.62 | -9.67% | -8.64% |
| Sep 09, 2024 | Simeon Gutman | Morgan Stanley | $950.00 | $876.68 | 8.36% | 8.49% |
The latest Costco Wholesale stock forecast, released on Sep 27, 2024 by Robert Ohmes from Bank of America Securities, set a price target of $972.00, which represents a 9.75% increase from the stock price at the time of the forecast ($885.62), and a 11.00% increase from COST last price ($875.67).
Costco Wholesale Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 14 | 18 | 47 |
| Avg Price Target | $941.21 | $935.11 | $847.60 |
| Last Closing Price | $875.67 | $875.67 | $875.67 |
| Upside/Downside | 7.48% | 6.79% | -3.21% |
In the current month, the average price target of Costco Wholesale stock is $941.21, according to 14 Wall Street analysts offering twelve months forecast. The average price target represents a 7.48% increase as opposed to Costco Wholesale's last price of $875.67. This month's average price target is up 0.65% compared to last quarter, and up 11.04% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 27, 2024 | Roth Capital | Neutral | Neutral | Hold |
| Sep 27, 2024 | Bank of America Securities | Buy | Buy | Hold |
| Sep 27, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Sep 27, 2024 | Telsey Advisory | Outperform | Outperform | Hold |
| Sep 27, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Sep 27, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Sep 27, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Sep 27, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Sep 27, 2024 | Citigroup | Neutral | Neutral | Hold |
| Sep 23, 2024 | Telsey Advisory | Underperform | Underperform | Hold |
Costco Wholesale's last stock rating was published by Roth Capital on Sep 27, 2024. The company gave COST a "Neutral" rating, the same as its previous rate.
Costco Wholesale Financial Forecast
Costco Wholesale Revenue Forecast
| Aug 27 | May 27 | Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $58.44B | $57.80B | $78.94B | $53.65B | $55.27B | $54.44B | $72.09B | $52.60B | $51.90B | $50.36B | $62.67B | - | $44.77B | $43.21B | $53.38B | $37.27B |
| Avg Forecast | $91.30B | $67.17B | $67.02B | $67.21B | $90.88B | $66.65B | $66.66B | $66.27B | $85.36B | $62.63B | $62.62B | $62.15B | $79.91B | $58.02B | $59.11B | $57.62B | $77.72B | $55.57B | $58.36B | $70.80B | $62.15B | $49.65B | $61.41B | $43.75B | $46.33B | $52.11B | $37.02B | $38.21B | $39.95B | $47.44B |
| High Forecast | $95.00B | $69.90B | $69.74B | $69.94B | $94.57B | $69.36B | $69.36B | $68.96B | $88.83B | $65.17B | $64.37B | $65.52B | $83.15B | $60.38B | $61.51B | $58.80B | $80.87B | $57.83B | $60.73B | $73.67B | $74.57B | $51.49B | $63.17B | $45.01B | $47.66B | $53.61B | $38.08B | $39.31B | $41.10B | $48.81B |
| Low Forecast | $89.48B | $65.84B | $65.69B | $65.88B | $89.07B | $65.33B | $65.34B | $64.95B | $83.67B | $61.38B | $61.67B | $60.59B | $78.32B | $56.87B | $57.94B | $57.10B | $76.18B | $54.47B | $57.20B | $69.39B | $49.72B | $46.63B | $58.94B | $41.99B | $44.47B | $50.02B | $35.53B | $36.68B | $38.35B | $45.54B |
| # Analysts | 11 | 8 | 8 | 8 | 8 | 13 | 8 | 13 | 7 | 8 | 17 | 17 | 16 | 15 | 8 | 16 | 11 | 15 | 8 | 7 | 13 | 7 | 8 | 13 | 8 | 12 | 12 | 7 | 7 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.00% | 1.02% | 0.97% | 0.95% | 0.77% | 1.16% | 1.06% | 0.85% | 1.15% | 1.35% | - | 1.21% | 1.13% | 1.34% | 0.79% |
Costco Wholesale's average Quarter revenue forecast for May 24 based on 15 analysts is $58.02B, with a low forecast of $56.87B, and a high forecast of $60.38B. COST's average Quarter revenue forecast represents a -0.72% decrease compared to the company's last Quarter revenue of $58.44B (Feb 24).
Costco Wholesale EBITDA Forecast
| Aug 27 | May 27 | Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 11 | 8 | 8 | 8 | 8 | 13 | 8 | 13 | 7 | 8 | 17 | 17 | 16 | 15 | 8 | 16 | 11 | 15 | 8 | 7 | 13 | 7 | 8 | 13 | 8 | 12 | 12 | 7 | 7 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.06B | $1.98B | $3.71B | $1.81B | $2.02B | $1.80B | $2.56B | $1.86B | $1.84B | $2.15B | $2.88B | - | $1.75B | $1.85B | $2.41B | $1.57B |
| Avg Forecast | $3.90B | $2.87B | $2.86B | $2.87B | $3.88B | $2.85B | $2.85B | $2.83B | $3.65B | $2.67B | $2.67B | $2.65B | $3.41B | $2.48B | $2.55B | $2.46B | $3.32B | $2.37B | $2.31B | $2.06B | $2.85B | $2.12B | $1.87B | $2.59B | $1.71B | $1.98B | $1.62B | $2.24B | $1.71B | $1.65B |
| High Forecast | $4.06B | $2.99B | $2.98B | $2.99B | $4.04B | $2.96B | $2.96B | $2.95B | $3.79B | $2.78B | $2.75B | $2.80B | $3.55B | $2.58B | $3.06B | $2.51B | $3.45B | $2.47B | $2.78B | $2.47B | $3.42B | $2.20B | $2.24B | $3.11B | $2.06B | $2.37B | $1.95B | $2.69B | $1.76B | $1.98B |
| Low Forecast | $3.82B | $2.81B | $2.81B | $2.81B | $3.80B | $2.79B | $2.79B | $2.77B | $3.57B | $2.62B | $2.63B | $2.59B | $3.35B | $2.43B | $2.04B | $2.44B | $3.25B | $2.33B | $1.85B | $1.65B | $2.28B | $1.99B | $1.50B | $2.08B | $1.37B | $1.58B | $1.30B | $1.79B | $1.64B | $1.32B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.81% | 1.12% | 0.76% | 0.87% | 0.88% | 0.90% | 0.88% | 0.98% | 0.83% | 1.68% | - | 1.08% | 0.82% | 1.41% | 0.95% |
15 analysts predict COST's average Quarter EBITDA for May 24 to be $2.48B, with a high of $2.58B and a low of $2.43B. This is 20.18% upper than Costco Wholesale's previous annual EBITDA (Feb 24) of $2.06B.
Costco Wholesale Net Income Forecast
| Aug 27 | May 27 | Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 11 | 8 | 8 | 8 | 8 | 13 | 8 | 13 | 7 | 8 | 17 | 17 | 16 | 15 | 8 | 16 | 11 | 15 | 8 | 7 | 13 | 7 | 8 | 13 | 8 | 12 | 12 | 7 | 7 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.74B | $1.59B | $2.16B | $1.30B | $1.47B | $1.36B | $1.87B | $1.35B | $1.32B | $1.34B | $1.67B | - | $951.00M | $1.17B | $1.39B | $838.00M |
| Avg Forecast | $3.11B | $2.24B | $2.16B | $2.06B | $2.85B | $2.09B | $2.00B | $1.88B | $2.59B | $1.87B | $1.78B | $1.68B | $2.26B | $1.65B | $1.47B | $1.53B | $2.13B | $1.43B | $1.34B | $1.27B | $1.66B | $1.17B | $1.15B | $1.51B | $1.01B | $1.07B | $1.02B | $1.29B | $762.73M | $912.92M |
| High Forecast | $3.27B | $2.35B | $2.27B | $2.17B | $3.00B | $2.20B | $2.10B | $1.98B | $2.73B | $1.97B | $1.92B | $1.81B | $2.38B | $1.73B | $1.76B | $1.63B | $2.24B | $1.51B | $1.60B | $1.52B | $1.99B | $1.22B | $1.38B | $1.81B | $1.21B | $1.29B | $1.23B | $1.55B | $791.30M | $1.10B |
| Low Forecast | $3.03B | $2.18B | $2.10B | $2.01B | $2.78B | $2.03B | $1.94B | $1.83B | $2.53B | $1.82B | $1.66B | $1.55B | $2.20B | $1.60B | $1.17B | $1.45B | $2.07B | $1.39B | $1.07B | $1.02B | $1.32B | $1.07B | $922.79M | $1.20B | $804.99M | $857.06M | $818.49M | $1.03B | $722.95M | $730.34M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.19% | 1.04% | 1.01% | 0.91% | 1.10% | 1.08% | 1.13% | 1.16% | 1.14% | 0.89% | 1.66% | - | 0.93% | 0.90% | 1.82% | 0.92% |
Costco Wholesale's average Quarter net income forecast for May 24 is $1.65B, with a range of $1.60B to $1.73B. COST's average Quarter net income forecast represents a -5.52% decrease compared to the company's last Quarter net income of $1.74B (Feb 24).
Costco Wholesale SG&A Forecast
| Aug 27 | May 27 | Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 11 | 8 | 8 | 8 | 8 | 13 | 8 | 13 | 7 | 8 | 17 | 17 | 16 | 15 | 8 | 16 | 11 | 15 | 8 | 7 | 13 | 7 | 8 | 13 | 8 | 12 | 12 | 7 | 7 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.24B | $5.36B | $6.94B | $4.79B | $4.94B | $4.92B | $6.04B | $4.45B | $4.58B | $4.72B | $5.63B | - | $4.34B | $4.30B | $5.03B | $3.83B |
| Avg Forecast | $8.52B | $6.27B | $6.25B | $6.27B | $8.48B | $6.22B | $6.22B | $6.18B | $7.97B | $5.84B | $5.84B | $5.80B | $7.46B | $5.41B | $5.17B | $5.38B | $7.25B | $5.19B | $4.70B | $4.52B | $5.58B | $4.63B | $4.11B | $5.08B | $3.46B | $4.89B | $3.77B | $4.67B | $3.73B | $3.67B |
| High Forecast | $8.87B | $6.52B | $6.51B | $6.53B | $8.83B | $6.47B | $6.47B | $6.44B | $8.29B | $6.08B | $6.01B | $6.11B | $7.76B | $5.63B | $6.21B | $5.49B | $7.55B | $5.40B | $5.64B | $5.43B | $6.70B | $4.81B | $4.93B | $6.09B | $4.15B | $5.87B | $4.53B | $5.61B | $3.84B | $4.40B |
| Low Forecast | $8.35B | $6.14B | $6.13B | $6.15B | $8.31B | $6.10B | $6.10B | $6.06B | $7.81B | $5.73B | $5.75B | $5.65B | $7.31B | $5.31B | $4.14B | $5.33B | $7.11B | $5.08B | $3.76B | $3.62B | $4.47B | $4.35B | $3.29B | $4.06B | $2.76B | $3.91B | $3.02B | $3.74B | $3.58B | $2.94B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 0.96% | 0.92% | 1.05% | 1.09% | 1.08% | 0.96% | 1.11% | 0.93% | 1.63% | - | 1.15% | 0.92% | 1.35% | 1.04% |
Costco Wholesale's average Quarter SG&A projection for May 24 is $5.41B, based on 15 Wall Street analysts, with a range of $5.31B to $5.63B. The forecast indicates a 3.34% rise compared to COST last annual SG&A of $5.24B (Feb 24).
Costco Wholesale EPS Forecast
| Aug 27 | May 27 | Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 11 | 8 | 8 | 8 | 8 | 13 | 8 | 13 | 7 | 8 | 17 | 17 | 16 | 15 | 8 | 16 | 11 | 15 | 8 | 7 | 13 | 7 | 8 | 13 | 8 | 12 | 12 | 7 | 7 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.92 | $3.58 | $4.87 | $2.94 | $3.30 | $3.07 | $4.21 | $3.05 | $2.98 | $3.03 | $3.77 | - | $2.15 | $2.63 | $3.14 | $1.90 |
| Avg Forecast | $6.98 | $5.03 | $4.85 | $4.63 | $6.41 | $4.69 | $4.49 | $4.23 | $5.83 | $4.21 | $4.00 | $3.78 | $5.08 | $3.70 | $3.63 | $3.44 | $4.79 | $3.21 | $3.12 | $4.17 | $1.27 | $2.62 | $3.58 | $2.45 | $2.05 | $2.85 | $1.92 | $2.06 | $1.71 | $2.54 |
| High Forecast | $7.35 | $5.29 | $5.10 | $4.88 | $6.75 | $4.94 | $4.73 | $4.45 | $6.14 | $4.43 | $4.32 | $4.08 | $5.35 | $3.90 | $3.82 | $3.67 | $5.04 | $3.38 | $3.28 | $4.39 | $1.34 | $2.75 | $3.71 | $2.54 | $2.13 | $2.95 | $1.99 | $2.14 | $1.78 | $2.64 |
| Low Forecast | $6.80 | $4.90 | $4.72 | $4.51 | $6.25 | $4.57 | $4.37 | $4.12 | $5.68 | $4.10 | $3.72 | $3.49 | $4.95 | $3.61 | $3.53 | $3.25 | $4.66 | $3.13 | $3.04 | $4.06 | $1.23 | $2.42 | $3.39 | $2.32 | $1.94 | $2.70 | $1.82 | $1.96 | $1.63 | $2.41 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 1.04% | 1.02% | 0.91% | 1.06% | 0.74% | 3.31% | 1.16% | 0.83% | 1.24% | 1.84% | - | 1.12% | 1.27% | 1.83% | 0.75% |
According to 15 Wall Street analysts, Costco Wholesale's projected average Quarter EPS for May 24 is $3.70, with a low estimate of $3.61 and a high estimate of $3.90. This represents a -5.56% decrease compared to COST previous annual EPS of $3.92 (Feb 24).
Costco Wholesale Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BIG | Big Lots | $0.50 | $12.50 | 2400.00% | Hold |
| DG | Dollar General | $81.92 | $153.42 | 87.28% | Buy |
| DLTR | Dollar Tree | $69.08 | $115.86 | 67.72% | Buy |
| WMT | Walmart | $80.43 | $108.76 | 35.22% | Buy |
| TGT | Target | $149.60 | $178.44 | 19.28% | Buy |
| COST | Costco Wholesale | $875.67 | $794.74 | -9.24% | Buy |
| BJ | BJ's Wholesale Club | $85.63 | $71.64 | -16.34% | Hold |
COST Forecast FAQ
Is Costco Wholesale a good buy?
Yes, according to 22 Wall Street analysts, Costco Wholesale (COST) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 16 'Buy' recommendations, accounting for 72.73% of COST's total ratings.
What is COST's price target?
Costco Wholesale (COST) average price target is $794.74 with a range of $509 to $1K, implying a -9.24% from its last price of $875.67. The data is based on 22 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Costco Wholesale stock go up soon?
According to Wall Street analysts' prediction for COST stock, the company can go down by -9.24% (from the last price of $875.67 to the average price target of $794.74), up by 14.77% based on the highest stock price target, and down by -41.87% based on the lowest stock price target.
Can Costco Wholesale stock reach $1.3K?
COST's average twelve months analyst stock price target of $794.74 does not support the claim that Costco Wholesale can reach $1.3K in the near future.
What is Costco Wholesale's current price target trend?
14 Wall Street analysts forecast a $941.21 price target for Costco Wholesale (COST) this month, up 7.48% from its last price of $875.67. Compared to the last 3 and 12 months, the average price target increased by 6.79% and decreased by -3.21%, respectively.
What are Costco Wholesale's analysts' financial forecasts?
Costco Wholesale's analysts financial forecasts for the fiscal year (Aug 2026) are as follows: average revenue is $290.46B (high $302.24B, low $284.69B), average EBITDA is $12.41B (high $12.91B, low $12.16B), average net income is $8.82B (high $9.28B, low $8.59B), average SG&A $27.11B (high $28.21B, low $26.57B), and average EPS is $19.82 (high $20.87, low $19.31). COST's analysts financial forecasts for the fiscal year (Aug 2027) are as follows: average revenue is $292.71B (high $304.58B, low $286.89B), average EBITDA is $12.5B (high $13.01B, low $12.25B), average net income is $9.56B (high $10.07B, low $9.31B), average SG&A $27.32B (high $28.42B, low $26.77B), and average EPS is $21.49 (high $22.63, low $20.94).
Did the COST's actual financial results beat the analysts' financial forecasts?
Based on Costco Wholesale's last annual report (Aug 2022), the company's revenue was $226.95B, beating the average analysts forecast of $216.95B by 4.61%. Apple's EBITDA was $8B, missing the average prediction of $9.44B by -15.26%. The company's net income was $5.84B, beating the average estimation of $5.48B by 6.61%. Apple's SG&A was $19.78B, beating the average forecast of $19.41B by 1.93%. Lastly, the company's EPS was $13.17, beating the average prediction of $9.92 by 32.73%. In terms of the last quarterly report (Feb 2024), Costco Wholesale's revenue was $58.44B, missing the average analysts' forecast of $59.11B by -1.13%. The company's EBITDA was $2.06B, missing the average prediction of $2.55B by -19.01%. Costco Wholesale's net income was $1.74B, beating the average estimation of $1.47B by 18.69%. The company's SG&A was $5.24B, beating the average forecast of $5.17B by 1.31%. Lastly, the company's EPS was $3.92, beating the average prediction of $3.63 by 8.11%