Costco Wholesale Corporation (COST)
NASDAQ: COST · IEX Real-Time Price · USD
793.07
+6.03 (0.77%)
At close: May 16, 2024, 4:00 PM
793.80
+0.73 (0.09%)
After-hours: May 16, 2024, 7:59 PM EDT
Costco Stock Forecast
Stock Price Forecast
The 26 analysts with 12-month price forecasts for Costco stock have an average target of 721.19, with a low estimate of 585 and a high estimate of 870. The average target predicts a decrease of -9.06% from the current stock price of 793.07.
Analyst Consensus: Buy
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 10 | 10 | 10 | 10 |
| Buy | 10 | 10 | 9 | 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 | 26 | 26 | 26 | 26 | 26 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $810 → $820 | Buy | Maintains | $810 → $820 | +3.40% | May 14, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $800 | Buy | Maintains | $800 | +0.87% | May 9, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $800 | Buy | Maintains | $800 | +0.87% | May 6, 2024 |
| Citigroup | Citigroup | Hold Maintains $630 → $710 | Hold | Maintains | $630 → $710 | -10.47% | Apr 23, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $805 → $790 | Buy | Maintains | $805 → $790 | -0.39% | Apr 16, 2024 |
Financial Forecast
Revenue This Year
259.26B
from 242.29B
Increased by 7.00%
Revenue Next Year
277.79B
from 259.26B
Increased by 7.15%
EPS This Year
16.48
from 14.16
Increased by 16.39%
EPS Next Year
17.73
from 16.48
Increased by 7.57%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 270.9B | 301.0B | 319.7B | 342.4B | 372.1B |
| Avg | 259.3B | 277.8B | 296.6B | 316.2B | 337.7B |
| Low | 246.7B | 259.5B | 268.4B | 278.8B | 288.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.8% | 16.1% | 15.1% | 15.4% | 17.7% |
| Avg | 7.0% | 7.1% | 6.8% | 6.6% | 6.8% |
| Low | 1.8% | 0.1% | -3.4% | -6.0% | -8.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.63 | 20.97 | 26.25 | 31.43 | 23.81 |
| Avg | 16.48 | 17.73 | 19.53 | 22.59 | 22.57 |
| Low | 15.44 | 16.22 | 17.42 | 18.98 | 20.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.5% | 27.2% | 48.1% | 60.9% | 5.4% |
| Avg | 16.4% | 7.6% | 10.1% | 15.7% | -0.1% |
| Low | 9.0% | -1.6% | -1.7% | -2.8% | -8.2% |
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.