Gordon Haskett Issues Positive Forecast for Costco Wholesale (NASDAQ:COST) Stock Price

Costco Wholesale (NASDAQ:COSTFree Report) had its price target raised by Gordon Haskett from $1,000.00 to $1,100.00 in a research note released on Tuesday,MarketScreener reports.

COST has been the subject of several other reports. TD Cowen reissued a “buy” rating on shares of Costco Wholesale in a report on Friday, December 12th. JPMorgan Chase & Co. raised their target price on shares of Costco Wholesale from $1,025.00 to $1,027.00 and gave the stock an “overweight” rating in a research report on Friday, December 12th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Costco Wholesale in a report on Monday, December 29th. Oppenheimer cut their target price on shares of Costco Wholesale from $1,130.00 to $1,050.00 and set an “outperform” rating on the stock in a research note on Monday, November 3rd. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Costco Wholesale in a report on Thursday, October 9th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $998.50.

View Our Latest Analysis on Costco Wholesale

Costco Wholesale Stock Performance

Shares of COST stock opened at $977.92 on Tuesday. The firm has a market cap of $434.07 billion, a price-to-earnings ratio of 52.38, a PEG ratio of 5.79 and a beta of 1.01. Costco Wholesale has a 1 year low of $844.06 and a 1 year high of $1,078.23. The stock’s 50-day moving average is $909.82 and its two-hundred day moving average is $929.46. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.53 and a current ratio of 1.04.

Costco Wholesale (NASDAQ:COSTGet Free Report) last announced its earnings results on Thursday, December 11th. The retailer reported $4.34 EPS for the quarter, beating analysts’ consensus estimates of $4.27 by $0.07. Costco Wholesale had a net margin of 2.96% and a return on equity of 29.35%. The business had revenue of $67.31 billion for the quarter, compared to analysts’ expectations of $67.03 billion. During the same period in the previous year, the company posted $4.04 EPS. The company’s quarterly revenue was up 8.3% on a year-over-year basis. Analysts predict that Costco Wholesale will post 18.03 earnings per share for the current year.

Costco Wholesale Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Friday, January 30th will be given a $1.30 dividend. The ex-dividend date is Friday, January 30th. This represents a $5.20 annualized dividend and a yield of 0.5%. Costco Wholesale’s dividend payout ratio is 27.85%.

Insider Transactions at Costco Wholesale

In related news, EVP Javier Polit sold 558 shares of the business’s stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $862.89, for a total transaction of $481,492.62. Following the sale, the executive vice president owned 10,190 shares of the company’s stock, valued at $8,792,849.10. The trade was a 5.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Teresa A. Jones sold 850 shares of the firm’s stock in a transaction dated Wednesday, January 21st. The shares were sold at an average price of $986.26, for a total value of $838,321.00. Following the transaction, the executive vice president directly owned 4,228 shares of the company’s stock, valued at $4,169,907.28. This represents a 16.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,315 shares of company stock worth $8,549,409 over the last quarter. Insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On Costco Wholesale

Institutional investors and hedge funds have recently modified their holdings of the stock. Soundwatch Capital LLC boosted its position in shares of Costco Wholesale by 635.7% in the 2nd quarter. Soundwatch Capital LLC now owns 2,553 shares of the retailer’s stock valued at $25,000 after purchasing an additional 2,206 shares during the period. LFA Lugano Financial Advisors SA purchased a new position in Costco Wholesale in the second quarter valued at about $31,000. Hurley Capital LLC increased its holdings in Costco Wholesale by 120.0% in the third quarter. Hurley Capital LLC now owns 33 shares of the retailer’s stock worth $31,000 after buying an additional 18 shares during the last quarter. Joseph Group Capital Management acquired a new stake in shares of Costco Wholesale in the 4th quarter valued at $33,000. Finally, Abich Financial Wealth Management LLC acquired a new position in shares of Costco Wholesale during the 3rd quarter valued at about $34,000. Institutional investors and hedge funds 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: Membership revenue acceleration — Costco reported a 14% jump in membership fees in Q1 FY26, driven by high renewals and executive upgrades, supporting predictable, resilient cash flow. Costco’s Membership Model Continues to Deliver Predictable Growth
  • Positive Sentiment: Exceptionally sticky base — Renewal rates of ~92.3% in the U.S./Canada and ~89.8% worldwide underline the durability of Costco’s membership engine and recurring profit contribution. Nine Out of Ten Costco Members Renew
  • Positive Sentiment: Analyst support lifted — Gordon Haskett raised its price target to $1,100, implying notable upside versus recent levels, which can attract buyers and validate upside expectations. Gordon Haskett Adjusts Price Target on Costco
  • Positive Sentiment: Telsey reaffirms outperform with $1,100 target — another bullish signal from the sell side that can support demand. Telsey Advisory Group Reaffirms Rating
  • Neutral Sentiment: Short-interest reporting appears to contain data anomalies (zeros/NaN and a 0.0 days-to-cover). This looks like a reporting glitch rather than a material change in short exposure. (internal short-interest entries)
  • Neutral Sentiment: New-store activity — a ~$37M construction project in New Braunfels signals continued network expansion (incremental revenue potential but not immediate margin driver). $37M Costco construction soars in New Braunfels
  • Negative Sentiment: Product recall — Costco recalled mini beignets due to mislabeling/allergy risk across multiple states. This is reputational and operationally inconvenient but appears limited in scale. Costco recalls mini beignets after packaging mix-up
  • Negative Sentiment: Analyst/downgrade noise — at least one roundup (InvestorPlace) included a downgrade of Costco within blue-chip ranking updates; such headlines can create short-term selling pressure even if fundamentals remain intact. FedEx Upgraded, Costco Downgraded

Costco Wholesale Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Costco Wholesale (NASDAQ:COST)

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