Costco Wholesale Corporation (COST)
NASDAQ: COST · IEX Real-Time Price · USD
836.61
-9.67 (-1.14%)
Jul 18, 2024, 3:37 PM EDT - Market open

Costco Stock Forecast

Stock Price Forecast

The 28 analysts with 12-month price forecasts for Costco stock have an average target of 796.68, with a low estimate of 585 and a high estimate of 975. The average target predicts a decrease of -4.77% from the current stock price of 836.61.

Analyst Consensus: Buy
Target Low Average Median High
Price $585 $796.68 $800 $975
Change -30.07% -4.77% -4.38% +16.54%

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 '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 101010111111
Buy 999999
Hold 777888
Sell 000000
Strong Sell 000000
Total 262626282828

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
TD Cowen
TD Cowen
Strong Buy
Maintains
$850$925
Strong Buy Maintains $850$925 +10.57% Jul 12, 2024
Wells Fargo
Wells Fargo
Hold
Maintains
$775$800
Hold Maintains $775$800 -4.38% Jul 11, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$905$950
Buy Maintains $905$950 +13.55% Jul 11, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$890$920
Buy Maintains $890$920 +9.97% Jul 11, 2024
Barclays
Barclays
Hold
Maintains
$765$830
Hold Maintains $765$830 -0.79% Jul 11, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
259.94B
from 242.29B
Increased by 7.29%
Revenue Next Year
278.53B
from 259.94B
Increased by 7.15%
EPS This Year
16.64
from 14.16
Increased by 17.48%
EPS Next Year
18.03
from 16.64
Increased by 8.40%
Year 2019202020212022202320242025202620272028
Revenue
152.70B166.76B195.93B226.95B242.29B259.94B278.53B297.40B319.22B341.36B
Revenue Growth
7.86%9.21%17.49%15.83%6.76%7.29%7.15%6.77%7.34%6.94%
EPS
8.269.0211.2713.1414.1616.6418.0319.8920.8522.86
EPS Growth
16.50%9.20%24.94%16.59%7.76%17.48%8.40%10.32%4.79%9.64%
Forward PE
-----50.2946.4042.0640.1336.60
No. Analysts -----38382166
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.