Costco Wholesale (NASDAQ:COST – Get Free Report) had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $1,091.00 to $1,079.00 in a research report issued on Monday, MarketBeat Ratings reports. The brokerage presently has a “buy” rating on the retailer’s stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 16.70% from the company’s previous close.
Other equities research analysts have also issued research reports about the company. Wells Fargo & Company dropped their price target on Costco Wholesale from $1,000.00 to $950.00 and set an “equal weight” rating on the stock in a research report on Friday, September 25th. Evercore reiterated an “outperform” rating on shares of Costco Wholesale in a research report on Tuesday, September 22nd. Freedom Broker decreased their price objective on Costco Wholesale from $1,030.00 to $1,010.00 and set a “buy” rating for the company in a research report on Friday, September 25th. Mizuho lowered their target price on Costco Wholesale from $1,100.00 to $1,065.00 and set an “outperform” rating for the company in a research note on Friday, September 25th. Finally, DA Davidson raised their target price on shares of Costco Wholesale from $1,000.00 to $1,040.00 and gave the stock a “neutral” rating in a report on Friday, September 25th. Twenty-two analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Costco Wholesale currently has an average rating of “Moderate Buy” and an average target price of $1,046.27.
Check Out Our Latest Analysis on Costco Wholesale
Costco Wholesale Price Performance
Costco Wholesale (NASDAQ:COST – Get Free Report) last posted its earnings results on Thursday, September 24th. The retailer reported $6.75 earnings per share for the quarter, topping the consensus estimate of $6.54 by $0.21. Costco Wholesale had a return on equity of 27.60% and a net margin of 3.04%.The firm had revenue of $95.72 billion for the quarter, compared to analyst estimates of $94.97 billion. On average, research analysts expect that Costco Wholesale will post 22.8 EPS for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of COST. Bank of America Corp DE acquired a new stake in Costco Wholesale in the 2nd quarter valued at approximately $6,781,946,000. Diamant Asset Management Inc. lifted its stake in Costco Wholesale by 99,278.0% in the 1st quarter. Diamant Asset Management Inc. now owns 6,726,899 shares of the retailer’s stock valued at $672,690,000 after acquiring an additional 6,720,130 shares in the last quarter. State Street Corp boosted its position in Costco Wholesale by 31.7% during the 2nd quarter. State Street Corp now owns 23,901,594 shares of the retailer’s stock worth $22,359,224,000 after acquiring an additional 5,749,362 shares during the last quarter. Corient Private Wealth LLC boosted its position in Costco Wholesale by 838.9% during the 4th quarter. Corient Private Wealth LLC now owns 6,125,405 shares of the retailer’s stock worth $5,282,182,000 after acquiring an additional 5,472,968 shares during the last quarter. Finally, Legal & General Group Plc bought a new position in shares of Costco Wholesale during the 2nd quarter worth approximately $2,362,188,000. 68.48% of the stock is owned by institutional investors and hedge funds.
Key Headlines Impacting Costco Wholesale
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: Fourth-quarter comparable sales increased 9.4%, supported by higher customer traffic and larger average transactions, while digital sales also posted strong gains. U.S. comparable sales were even stronger at 10.7%, indicating continued domestic momentum. Costco’s Sales Momentum Builds as Q4 Traffic and Ticket Rise
- Positive Sentiment: Costco continues to gain share in fresh food, particularly bakery and meat, increasing its competitive threat to traditional grocery retailers. Costco continues to gain momentum in fresh food
- Positive Sentiment: Membership-fee revenue rose approximately 11% to $5.907 billion in fiscal 2026. Record executive-membership penetration and growing digital sign-ups strengthen Costco’s recurring, high-margin revenue base. Costco Collects More Membership Fees
- Positive Sentiment: Reported quarterly revenue of $95.72 billion and EPS of $6.75 exceeded consensus expectations, while fiscal-year sales rose 11.2%. Analysts point to membership growth, warehouse expansion and improving digital engagement as longer-term drivers. COST Q3 Deep Dive
- Neutral Sentiment: Analyst opinion remains mixed. William Blair and Argus maintained bullish ratings, while RBC kept a Sector Perform view; valuation models nevertheless imply additional long-term upside. Analyst Maintains Buy on Costco
- Negative Sentiment: At least eight research firms lowered price targets after the earnings beat, and Daiwa reduced its target to $950 while retaining a Neutral rating. With COST trading at roughly 44.5 times earnings and below its 52-week high, investors may remain cautious about valuation despite strong fundamentals. Analysts Cut Costco Price Targets After a Q4 Beat
Costco Wholesale Company Profile
Costco Wholesale Corporation operates a membership-based warehouse retail business under the Costco name. The company sells a broad selection of merchandise, including groceries, fresh foods, beverages, appliances, electronics, furniture, apparel, jewelry, hardware, and seasonal products. It also offers services such as gasoline, pharmacies, optical departments, hearing-aid centers, food courts, travel services, and business delivery in selected markets.
Costco markets many products under its private-label Kirkland Signature brand and sells merchandise through warehouse locations and e-commerce platforms.
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