Costco Wholesale (NASDAQ:COST) Price Target Raised to $1,060.00 at JPMorgan Chase & Co.

Costco Wholesale (NASDAQ:COST) had its price target lifted by stock analysts at JPMorgan Chase & Co. from $1,050.00 to $1,060.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The firm presently has an “overweight” rating on the retailer’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 8.38% from the company’s previous close.

COST has been the topic of several other research reports. Evercore set a $1,100.00 price objective on shares of Costco Wholesale in a research note on Monday. HSBC dropped their price target on shares of Costco Wholesale from $1,060.00 to $1,045.00 and set a “hold” rating on the stock in a research report on Friday, December 12th. Robert W. Baird set a $1,100.00 target price on shares of Costco Wholesale in a report on Thursday, February 5th. BMO Capital Markets reiterated an “outperform” rating on shares of Costco Wholesale in a report on Friday, December 12th. Finally, Daiwa Securities Group cut their target price on Costco Wholesale from $947.00 to $917.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 16th. Twenty-two research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,020.90.

Costco Wholesale Price Performance

Shares of NASDAQ:COST opened at $978.00 on Friday. Costco Wholesale has a one year low of $844.06 and a one year high of $1,067.08. The company has a market cap of $434.10 billion, a price-to-earnings ratio of 52.38, a PEG ratio of 4.81 and a beta of 1.01. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.04 and a quick ratio of 0.53. The firm has a 50 day simple moving average of $959.15 and a 200 day simple moving average of $935.92.

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

Insider Activity at Costco Wholesale

In related news, EVP Teresa A. Jones sold 850 shares of the company’s stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $986.26, for a total transaction of $838,321.00. Following the completion of the sale, the executive vice president owned 4,228 shares in the company, valued at approximately $4,169,907.28. This represents a 16.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP James C. Klauer sold 1,500 shares of Costco Wholesale stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $939.00, for a total transaction of $1,408,500.00. Following the transaction, the executive vice president directly owned 44,837 shares in the company, valued at $42,101,943. This represents a 3.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 6,915 shares of company stock valued at $6,317,097 over the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On Costco Wholesale

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Cedarwood Wealth LLC purchased a new position in Costco Wholesale in the fourth quarter valued at about $323,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in Costco Wholesale in the 4th quarter valued at approximately $27,000. Worthington Financial Partners LLC purchased a new stake in shares of Costco Wholesale during the fourth quarter worth $1,173,000. Bayban bought a new position in shares of Costco Wholesale in the fourth quarter worth $347,000. Finally, SHP Wealth Management bought a new position in shares of Costco Wholesale in the fourth quarter worth $1,222,000. 68.48% of the stock is owned by hedge funds and other 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.