Bank of America Forecasts Strong Price Appreciation for Costco Wholesale (NASDAQ:COST) Stock

Costco Wholesale (NASDAQ:COST) had its price objective boosted by analysts at Bank of America from $1,185.00 to $1,200.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the retailer’s stock. Bank of America‘s price target points to a potential upside of 25.96% from the company’s previous close.

Other equities research analysts also recently issued reports about the company. The Goldman Sachs Group boosted their target price on Costco Wholesale from $1,088.00 to $1,159.00 and gave the stock a “buy” rating in a research report on Friday. DA Davidson reiterated a “neutral” rating and issued a $1,000.00 target price on shares of Costco Wholesale in a research report on Friday, April 10th. Daiwa Securities Group boosted their target price on Costco Wholesale from $917.00 to $975.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 10th. Mizuho upped their price objective on Costco Wholesale from $1,065.00 to $1,100.00 and gave the company an “outperform” rating in a research report on Thursday, April 16th. Finally, Wells Fargo & Company raised their price objective on Costco Wholesale from $950.00 to $1,000.00 and gave the company an “equal weight” rating in a research note on Thursday, April 9th. Twenty-one equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,056.32.

Costco Wholesale Price Performance

Shares of NASDAQ:COST traded down $42.52 during mid-day trading on Friday, reaching $952.69. The stock had a trading volume of 3,323,692 shares, compared to its average volume of 2,126,741. The company has a current ratio of 1.06, a quick ratio of 0.59 and a debt-to-equity ratio of 0.18. The company has a market cap of $422.66 billion, a P/E ratio of 49.56, a price-to-earnings-growth ratio of 4.94 and a beta of 0.92. Costco Wholesale has a 1 year low of $844.06 and a 1 year high of $1,096.50. The business’s 50 day moving average price is $1,008.28 and its 200 day moving average price is $962.53.

Costco Wholesale (NASDAQ:COST) last posted its earnings results on Thursday, May 28th. The retailer reported $4.93 EPS for the quarter, missing analysts’ consensus estimates of $4.98 by ($0.05). The firm had revenue of $70.53 billion during the quarter, compared to analysts’ expectations of $69.68 billion. Costco Wholesale had a return on equity of 28.57% and a net margin of 2.99%.During the same quarter in the prior year, the firm posted $4.28 earnings per share. Research analysts expect that Costco Wholesale will post 20.33 EPS for the current fiscal year.

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, EVP Claudine Adamo sold 730 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $1,003.02, for a total value of $732,204.60. Following the sale, the executive vice president owned 6,121 shares of the company’s stock, valued at $6,139,485.42. The trade was a 10.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.10% of the stock is currently owned by insiders.

Institutional Trading of Costco Wholesale

A number of large investors have recently modified their holdings of the stock. Krane Financial Solutions LLC purchased a new stake in shares of Costco Wholesale during the first quarter worth $709,000. Cozad Asset Management Inc. grew its stake in shares of Costco Wholesale by 1.9% during the first quarter. Cozad Asset Management Inc. now owns 18,032 shares of the retailer’s stock worth $17,967,000 after purchasing an additional 334 shares in the last quarter. Lavelle Capital LP acquired a new position in shares of Costco Wholesale during the first quarter worth $631,000. Blue Fin Capital Inc. raised its position in shares of Costco Wholesale by 0.7% during the 1st quarter. Blue Fin Capital Inc. now owns 12,132 shares of the retailer’s stock worth $12,089,000 after acquiring an additional 85 shares in the last quarter. Finally, Carlson Capital L.P. lifted its position in shares of Costco Wholesale by 75.6% during the 1st quarter. Carlson Capital L.P. now owns 1,405 shares of the retailer’s stock worth $1,400,000 after buying an additional 605 shares during the last quarter. Hedge funds and other institutional investors own 68.48% of the company’s stock.

Costco Wholesale News Roundup

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

• Positive Sentiment: Costco delivered another strong quarter, with revenue of $70.53 billion and earnings per share of $4.93, while comparable sales and membership-driven demand remained robust. Costco Wholesale Corporation Reports Third Quarter and Year-To-Date Operating Results For Fiscal 2026
• Positive Sentiment: Membership fee income, digital sales, and e-commerce traffic all accelerated, showing that Costco’s core growth engine is still working well. Costco Q3 Earnings Beat on Strong Membership and Digital Growth
• Positive Sentiment: Analysts continued to sound upbeat, with several firms lifting price targets after the report, including Goldman Sachs, Bernstein, Morgan Stanley, BTIG, and Truist. Analyst Reaffirms Overweight on Costco, Citing Structural Strengths and Value Focus While Raising Price Target to $1,130
• Neutral Sentiment: Costco also benefited from record gas volumes and higher fuel-related traffic, which helped lift sales and same-store results. Higher gas prices are driving people to membership retailers — and Costco is the latest to benefit
• Negative Sentiment: The stock is under pressure because the market expected even more from a name that already trades at a premium multiple, and the EPS miss versus consensus gave bears a reason to sell. Why Costco Stock Was Sliding Today
• Negative Sentiment: Several articles pointed to margin compression and rising costs, suggesting profitability may be harder to expand even as sales remain strong. Is Costco a Buy After Its Latest Earnings Report?

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.