Costco Stock Forecast

Stock Price Forecast

The 28 analysts with 12-month price forecasts for Costco stock have an average target of 767.32, with a low estimate of 585 and a high estimate of 975. The average target predicts a decrease of -10.71% from the current stock price of 859.36.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$585	$767.32	$775	$975
Change	-31.93%	-10.71%	-9.82%	+13.46%

Analyst Ratings

The average analyst rating for Costco stock from 28 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	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	10	10	10	11	11	11
Buy	9	9	9	9	9	9
Hold	7	7	7	8	8	8
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	26	26	26	28	28	28

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Astrachan Stifel	Stifel	Strong Buy Maintains $850 → $900	Strong Buy	Maintains	$850 → $900	+4.73%	Jul 2, 2024
Ivan Feinseth Tigress Financial	Tigress Financial	Strong Buy Maintains $870 → $975	Strong Buy	Maintains	$870 → $975	+13.46%	Jun 25, 2024
Greg Melich Evercore ISI Group	Evercore ISI Group	Buy Maintains $860 → $890	Buy	Maintains	$860 → $890	+3.57%	Jun 20, 2024
Laura Champine Loop Capital	Loop Capital	Strong Buy Maintains $890 → $940	Strong Buy	Maintains	$890 → $940	+9.38%	Jun 14, 2024
Rupesh Parikh Oppenheimer	Oppenheimer	Buy Maintains $850 → $905	Buy	Maintains	$850 → $905	+5.31%	Jun 6, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

259.94B

from 242.29B

7.29%

from 242.29B

Revenue Next Year

278.53B

from 259.94B

7.15%

from 259.94B

EPS This Year

16.64

from 14.16

17.48%

from 14.16

EPS Next Year

18.03

from 16.64

8.40%

from 16.64

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	152.70B	166.76B	195.93B	226.95B	242.29B	259.94B	278.53B	297.40B	319.22B	341.36B
Revenue Growth	7.86%	9.21%	17.49%	15.83%	6.76%	7.29%	7.15%	6.77%	7.34%	6.94%
EPS	8.26	9.02	11.27	13.14	14.16	16.64	18.03	19.89	20.85	22.86
EPS Growth	16.50%	9.20%	24.94%	16.59%	7.76%	17.48%	8.40%	10.32%	4.79%	9.64%
Forward PE	-	-	-	-	-	51.66	47.66	43.20	41.22	37.60
No. Analysts	-	-	-	-	-	38	38	21	6	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	270.5B	292.0B	319.5B	346.9B	378.1B
Avg	259.9B	278.5B	297.4B	319.2B	341.4B
Low	248.2B	261.3B	273.6B	284.4B	295.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	11.7%	12.3%	14.7%	16.6%	18.5%
Avg	7.3%	7.2%	6.8%	7.3%	6.9%
Low	2.4%	0.5%	-1.8%	-4.4%	-7.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	17.68	20.99	27.04	21.91	24.16
Avg	16.64	18.03	19.89	20.85	22.86
Low	15.25	16.34	17.74	19.39	21.28

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	24.9%	26.2%	49.9%	10.2%	15.9%
Avg	17.5%	8.4%	10.3%	4.8%	9.6%
Low	7.7%	-1.8%	-1.6%	-2.5%	2.1%

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.