Telsey Advisory Group Issues Positive Forecast for Costco Wholesale (NASDAQ:COST) Stock Price

Costco Wholesale (NASDAQ:COST) had its target price boosted by stock analysts at Telsey Advisory Group from $1,100.00 to $1,125.00 in a research report issued on Friday. The firm currently has an “outperform” rating on the retailer’s stock. Telsey Advisory Group’s price objective indicates a potential upside of 15.03% from the company’s current price.

Other research analysts have also recently issued research reports about the stock. UBS Group restated a “buy” rating on shares of Costco Wholesale in a research note on Friday, December 12th. Raymond James Financial lowered their price objective on Costco Wholesale from $1,070.00 to $1,000.00 and set an “outperform” rating on the stock in a research report on Friday, December 12th. Guggenheim reiterated a “neutral” rating on shares of Costco Wholesale in a research report on Monday, December 22nd. Bank of America initiated coverage on Costco Wholesale in a report on Friday, February 27th. They issued a “buy” rating and a $1,185.00 price target on the stock. Finally, The Goldman Sachs Group reduced their price objective on shares of Costco Wholesale from $1,218.00 to $1,171.00 and set a “buy” rating on the stock in a research report on Friday, December 12th. Twenty-two research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,020.90.

Costco Wholesale Stock Performance

NASDAQ:COST opened at $978.00 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.53 and a current ratio of 1.04. The stock has a 50-day simple moving average of $959.15 and a two-hundred day simple moving average of $935.92. The firm has a market capitalization of $434.10 billion, a PE ratio of 52.38, a P/E/G ratio of 4.81 and a beta of 1.01. Costco Wholesale has a 52-week low of $844.06 and a 52-week high of $1,067.08.

Costco Wholesale (NASDAQ:COST) last posted its quarterly earnings data on Thursday, March 5th. The retailer reported $4.58 earnings per share for the quarter, beating analysts’ consensus estimates of $4.55 by $0.03. The firm had revenue of $69.60 billion for the quarter, compared to analysts’ expectations of $68.96 billion. Costco Wholesale had a return on equity of 29.35% and a net margin of 2.96%.The business’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the previous year, the firm earned $4.02 EPS. Analysts forecast that Costco Wholesale will post 18.03 EPS for the current year.

Insider Buying and Selling at Costco Wholesale

In related news, EVP James C. Klauer sold 1,500 shares of the stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $939.00, for a total value of $1,408,500.00. Following the completion of the transaction, the executive vice president owned 44,837 shares of the company’s stock, valued at approximately $42,101,943. This trade represents a 3.24% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Javier Polit sold 2,049 shares of Costco Wholesale stock in a transaction dated Monday, December 29th. The stock was sold at an average price of $867.21, for a total value of $1,776,913.29. Following the completion of the transaction, the executive vice president owned 10,748 shares of the company’s stock, valued at approximately $9,320,773.08. This represents a 16.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 6,915 shares of company stock valued at $6,317,097 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On Costco Wholesale

Several institutional investors have recently modified their holdings of COST. Palisade Asset Management LLC boosted its stake in Costco Wholesale by 1.4% during the fourth quarter. Palisade Asset Management LLC now owns 702 shares of the retailer’s stock worth $605,000 after buying an additional 10 shares during the period. Graybill Wealth Management LTD. lifted its holdings in shares of Costco Wholesale by 0.3% in the 4th quarter. Graybill Wealth Management LTD. now owns 3,194 shares of the retailer’s stock worth $2,754,000 after acquiring an additional 10 shares during the last quarter. Lbmc Investment Advisors LLC boosted its stake in shares of Costco Wholesale by 0.5% during the 4th quarter. Lbmc Investment Advisors LLC now owns 2,041 shares of the retailer’s stock worth $1,760,000 after purchasing an additional 10 shares during the period. Hobbs Wealth Management LLC boosted its stake in shares of Costco Wholesale by 4.4% during the 2nd quarter. Hobbs Wealth Management LLC now owns 262 shares of the retailer’s stock worth $259,000 after purchasing an additional 11 shares during the period. Finally, Busey Bank grew its holdings in Costco Wholesale by 0.4% during the 3rd quarter. Busey Bank now owns 2,651 shares of the retailer’s stock valued at $2,454,000 after purchasing an additional 11 shares during the last quarter. 68.48% of the stock is owned by institutional investors.

More Costco Wholesale News

Here are the key news stories impacting Costco Wholesale this week:

• Positive Sentiment: Q2 results beat or matched expectations: EPS $4.58 and revenue ~$69.6B with comparable-store sales strength, rising membership fees and improved margins — evidence the membership model and holiday demand held up. Costco beats quarterly comparable sales estimates (Reuters)
• Positive Sentiment: Digital and cash metrics look strong: digital sales rose ~22.6% and the company reported higher operating cash and a larger cash balance — positive for growth optionality and buyback/capex flexibility. Costco digital innovations fuel online growth (PYMNTS)
• Positive Sentiment: Wall Street support remains mixed but includes bullish convictions — BTIG reaffirmed a Buy with a $1,115 target (much higher than the current price), showing some analysts remain constructive on upside. BTIG reaffirms Buy on Costco (Benzinga)
• Neutral Sentiment: Store expansion continues: new locations (reports on Viva White Oak and Port St. Lucie) signal ongoing capital deployment and footprint growth, a long?term growth driver but not an immediate stock catalyst. Costco coming to Viva White Oak (Yahoo)
• Negative Sentiment: Market reaction cooled the stock: several outlets note COST slipped in after?hours/pre?market trading despite the beat — investors appear to be taking profits after recent gains or reacting to mixed signals in the print. Stock falls pre-market despite strong earnings (Blockonomi)
• Negative Sentiment: Analyst nuance: Truist raised its price target to $977 but kept a “Hold” rating — the new target sits below recent trade, signaling some analysts view the stock as fairly valued and may cap near-term upside. Truist raises price target to $977 (Benzinga)
• Negative Sentiment: Other headwinds: notable insider selling and mixed institutional repositioning were reported around the quarter, and broader market pressure from an oil-driven futures drop is weighing on retail names today. QuiverQuant summary: earnings, insider/institutional activity

About Costco Wholesale

Costco Wholesale Corporation operates a global chain of membership-only warehouse clubs that sell a wide array of merchandise in bulk at discounted prices. The company’s product mix includes groceries, fresh and frozen food, household goods, electronics, apparel, and seasonal items, augmented by its prominent private-label brand, Kirkland Signature. Costco’s business model centers on annual membership fees and high-volume, low-margin sales, designed to drive repeat purchasing and strong customer loyalty among both consumers and small-business buyers.

Beyond merchandise, Costco provides a range of ancillary services that complement its warehouses, including gasoline stations, pharmacy and optical services, hearing aid centers, photo services, and travel and insurance products.