Costco Wholesale (NASDAQ:COST – Get Free Report) had its target price increased by research analysts at Deutsche Bank Aktiengesellschaft from $1,104.00 to $1,106.00 in a report released on Thursday, Marketbeat Ratings reports. The brokerage currently has a “buy” rating on the retailer’s stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential upside of 10.63% from the stock’s current price.
Other research analysts also recently issued reports about the stock. DA Davidson reissued a “neutral” rating and issued a $1,000.00 price target on shares of Costco Wholesale in a report on Friday, April 10th. Truist Financial increased their price objective on Costco Wholesale from $926.00 to $977.00 and gave the stock a “hold” rating in a research report on Friday, March 6th. BMO Capital Markets lifted their price objective on Costco Wholesale from $1,175.00 to $1,315.00 and gave the company an “outperform” rating in a research note on Friday, March 6th. UBS Group set a $1,175.00 target price on Costco Wholesale in a research report on Friday, March 6th. Finally, Mizuho raised their target price on shares of Costco Wholesale from $1,065.00 to $1,100.00 and gave the company an “outperform” rating in a research note on Thursday, April 16th. Twenty-two analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,046.03.
View Our Latest Stock Report on Costco Wholesale
Costco Wholesale Price Performance
Costco Wholesale (NASDAQ:COST – Get Free Report) last announced its quarterly earnings results on Wednesday, March 11th. The retailer reported $4.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.55 by $0.03. Costco Wholesale had a net margin of 2.99% and a return on equity of 28.57%. The firm had revenue of $69.60 billion for the quarter, compared to the consensus estimate of $68.96 billion. During the same period in the prior year, the firm posted $4.02 earnings per share. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. As a group, analysts anticipate that Costco Wholesale will post 20.32 earnings per share for the current year.
Insider Buying and Selling at Costco Wholesale
In related news, EVP Claudine Adamo sold 730 shares of the firm’s stock in a transaction dated 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 directly owned 6,121 shares of the company’s stock, valued at $6,139,485.42. This trade represents a 10.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.10% of the company’s stock.
Institutional Investors Weigh In On Costco Wholesale
Several institutional investors and hedge funds have recently bought and sold shares of COST. Palisade Asset Management LLC lifted its stake in Costco Wholesale by 1.4% in the fourth quarter. Palisade Asset Management LLC now owns 702 shares of the retailer’s stock worth $605,000 after acquiring an additional 10 shares during the period. Graybill Wealth Management LTD. raised its holdings in 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 purchasing an additional 10 shares in the last quarter. Wealth Effects LLC raised its holdings in Costco Wholesale by 1.2% in the 1st quarter. Wealth Effects LLC now owns 874 shares of the retailer’s stock worth $871,000 after purchasing an additional 10 shares in the last quarter. Folger Nolan Fleming Douglas Capital Management Inc. lifted its position in shares of Costco Wholesale by 1.8% in the 1st quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 551 shares of the retailer’s stock worth $549,000 after purchasing an additional 10 shares during the period. Finally, First National Bank of Hutchinson boosted its stake in shares of Costco Wholesale by 0.9% during the 1st quarter. First National Bank of Hutchinson now owns 1,098 shares of the retailer’s stock valued at $1,094,000 after purchasing an additional 10 shares in the last quarter. Hedge funds and other institutional investors own 68.48% of the company’s stock.
Costco Wholesale News Summary
Here are the key news stories impacting Costco Wholesale this week:
- Positive Sentiment: April sales beat: Costco reported net sales of $23.92 billion for the four weeks ended May 3, up 13% year-over-year (first 35 weeks sales +9.5%). Strong comparable-store trends, especially in the U.S., support the near-term revenue outlook and membership value proposition. Costco Wholesale Corporation Reports April Sales Results
- Positive Sentiment: Gasoline tailwind: High U.S. gasoline prices are lifting fuel revenue and per-visit ticket averages — analysts highlight this as a near-term profit driver for Costco’s fuel business. Costco Stock (COST) in Focus as U.S. Gasoline Prices Near Record High
- Positive Sentiment: Retail partnerships and in-warehouse activations: GEN Korean BBQ is running a Costco roadshow demo series this summer — such demos can boost foot traffic, impulse purchases and member engagement. GEN Korean BBQ Launches Costco Roadshow Series, Marking Next Phase of Retail Expansion
- Positive Sentiment: Network expansion: Groundbreaking/land deals continue (e.g., new Milwaukee County store), supporting capacity growth and longer-term sales expansion. Construction starts soon on Costco’s first Milwaukee County store after land deal
- Neutral Sentiment: Company commentary/transcript available: Costco’s period-ending/trading statement prepared remarks were posted — useful for detail but contained no major surprises to change guidance. Costco Wholesale Corporation (COST) Period Ending/ Trading Statement Call Prepared Remarks Transcript
- Neutral Sentiment: Brand cachet & consumer stories (e.g., celebrities shopping at Costco) and broader tech/grocery features raise awareness but are unlikely to move the stock materially. Jet Li is the latest millionaire to admit he loves shopping at Costco
- Negative Sentiment: Short-term pullback: News outlets noted a recent intraday slide (closed near $995.32, ~2.1% down on the last session), suggesting profit-taking after a strong YTD run. Costco (COST) Stock Slides as Market Rises: Facts to Know Before You Trade
- Negative Sentiment: Rich valuation: COST trades at a high P/E (~51.7) and elevated PEG (~5.0), which makes the stock sensitive to growth disappointments or macro-led traffic declines. Costco (COST) Stock Slides as Market Rises: Facts to Know Before You Trade (Zacks)
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.
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