Costco Wholesale Corporation (COST)
NASDAQ: COST · IEX Real-Time Price · USD
726.33
-2.85 (-0.39%)
At close: Apr 29, 2024, 4:00 PM
725.52
-0.81 (-0.11%)
After-hours: Apr 29, 2024, 7:58 PM EDT
Stock Price Forecast
The 26 analysts with 12-month price forecasts for Costco stock have an average target of 720.04, with a low estimate of 585 and a high estimate of 870. The average target predicts a decrease of -0.87% from the current stock price of 726.33.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $585 | $720.04 | $725 | $870 |
| Change | -19.46% | -0.87% | -0.18% | +19.78% |
Analyst Ratings
The average analyst rating for Costco stock from 26 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 10 | 9 | 9 | 10 | 10 | 10 |
| Buy | 11 | 10 | 10 | 9 | 9 | 9 |
| Hold | 7 | 7 | 7 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 28 | 26 | 26 | 26 | 26 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $630 → $710 | Hold | Maintains | $630 → $710 | -2.25% | Apr 23, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $805 → $790 | Buy | Maintains | $805 → $790 | +8.77% | Apr 16, 2024 |
| Loop Capital | Loop Capital | Strong Buy Maintains $830 → $820 | Strong Buy | Maintains | $830 → $820 | +12.90% | Apr 11, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $680 | Hold | Maintains | $680 | -6.38% | Apr 11, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $795 → $805 | Buy | Maintains | $795 → $805 | +10.83% | Apr 11, 2024 |
Financial Forecast
Revenue This Year
Increased by 7.00%
from 242.29B
Revenue Next Year
277.79B
from 259.26B
Increased by 7.15%
from 259.26B
EPS This Year
16.48
from 14.16
Increased by 16.39%
from 14.16
EPS Next Year
17.73
from 16.48
Increased by 7.57%
from 16.48
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 152.70B | 166.76B | 195.93B | 226.95B | 242.29B | 259.26B | 277.79B | 296.64B | 309.68B | 329.14B |
| Revenue Growth | 7.86% | 9.21% | 17.49% | 15.83% | 6.76% | 7.00% | 7.15% | 6.79% | 4.40% | 6.28% |
| EPS | 8.26 | 9.02 | 11.27 | 13.14 | 14.16 | 16.48 | 17.73 | 19.53 | 20.54 | 22.39 |
| EPS Growth | 16.50% | 9.20% | 24.94% | 16.59% | 7.76% | 16.39% | 7.57% | 10.13% | 5.19% | 9.01% |
| No. Analysts | - | - | - | - | - | 38 | 37 | 19 | 6 | 6 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 270.9B | 301.0B | 319.7B | 332.3B | 356.6B |
| Avg | 259.3B | 277.8B | 296.6B | 309.7B | 329.1B |
| Low | 246.7B | 259.5B | 268.4B | 271.9B | 278.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.8% | 16.1% | 15.1% | 12.0% | 15.1% |
| Avg | 7.0% | 7.1% | 6.8% | 4.4% | 6.3% |
| Low | 1.8% | 0.1% | -3.4% | -8.3% | -10.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.63 | 20.97 | 26.25 | 21.26 | 23.19 |
| Avg | 16.48 | 17.73 | 19.53 | 20.54 | 22.39 |
| Low | 15.44 | 16.22 | 17.42 | 19.61 | 21.22 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.5% | 27.2% | 48.1% | 8.9% | 12.9% |
| Avg | 16.4% | 7.6% | 10.1% | 5.2% | 9.0% |
| Low | 9.0% | -1.6% | -1.7% | 0.4% | 3.3% |
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.
