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NASDAQ: COST
Costco Wholesale Corp Stock Forecast, Predictions & Price Target

Analyst price target for COST

Based on 17 analysts offering 12 month price targets for Costco Wholesale Corp.
Min Forecast
$325.00-15.31%
Avg Forecast
$400.35+4.32%
Max Forecast
$453.00+18.04%

Should I buy or sell COST stock?

Buy
Strong Buy
7 analysts 41.18%
Buy
5 analysts 29.41%
Hold
5 analysts 29.41%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

COST stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Laura Champine
Loop Capital
Strong BuyMaintains$425.00+10.75%2021-05-28
Mark Astrachan
Stifel Nicolaus
Strong BuyMaintains$410.00+6.84%2021-05-28
Karen Short
Barclays
Strong BuyMaintains$450.00+17.26%2021-05-28
Edward Kelly
Wells Fargo
Strong BuyMaintains$400.00+4.23%2021-04-08
Kate McShane
Goldman Sachs
Strong BuyMaintains$415.00+8.14%2021-04-08
Stephanie Wissink
Jefferies
Strong BuyMaintains$405.00+5.53%2021-03-05
Simeon Gutman
Morgan Stanley
Strong BuyMaintains$400.00+4.23%2020-11-12
Scot Ciccarelli
RBC Capital
BuyMaintains$453.00+18.04%2021-05-28
Bobby Griffin
Raymond James
BuyMaintains$415.00+8.14%2021-05-28
Joseph Feldman
Telsey Advisory Group
BuyMaintains$415.00+8.14%2021-05-28

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Forecast return on equity

Is COST forecast to generate an efficient return?
Company
37.9%
Industry
40.46%
Market
61.34%
COST's Return on Equity is forecast to be high in 3 years (37.9%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is COST forecast to generate an efficient return on assets?
Company
10.91%
Industry
9.56%
Market
18.93%
COST is forecast to generate higher Return on Assets (10.91%) than the US Consumer Defensive industry average (9.56%)
Forecast

COST earnings per share forecast

What is COST's earnings per share in the next 3 years based on estimates from 11 analysts?
Avg 1 year Forecast
$10.37-2.79%
Avg 2 year Forecast
$11.22+5.19%
Avg 3 year Forecast
$12.28+15.13%
COST's earnings are forecast to grow at a rate of 4.64% per year, which is not exceptional
Forecast

COST revenue forecast

What is COST's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$191.8B+2.78%
Avg 2 year Forecast
$205.6B+10.13%
Avg 3 year Forecast
$220.3B+18.06%
COST's revenue is forecast to grow at a rate of 5.66% per year, which is not exceptional
Forecast

COST earnings growth forecast

How is COST forecast to perform vs Consumer Defensive companies and vs the US market?
Company
4.64%
Industry
12.49%
Market
19.57%
COST's earnings are forecast to grow slower (4.64% per year) than the US Consumer Defensive industry average (12.49%)
Forecast
COST's earnings are forecast to grow slower (4.64% per year) than the US market average (19.57%)
Forecast
COST's earnings are forecast to grow faster (4.64% per year) than the risk-free savings rate (1.5%)
Forecast

COST revenue growth forecast

How is COST forecast to perform vs Consumer Defensive companies and vs the US market?
Company
5.66%
Industry
4.59%
Market
14.55%
COST's revenues are forecast to grow faster (5.66% per year) than the US Consumer Defensive industry average (4.59%)
Forecast
COST's revenues are forecast to grow slower (5.66% per year) than the US market average (14.55%)
Forecast

Costco Stock Forecast FAQ

Is Costco Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 17 Wall Street analysts covering (NASDAQ: COST) stock is to Buy COST stock.

Out of 17 analysts, 7 (41.18%) are recommending COST as a Strong Buy, 5 (29.41%) are recommending COST as a Buy, 5 (29.41%) are recommending COST as a Hold, 0 (0%) are recommending COST as a Sell, and 0 (0%) are recommending COST as a Strong Sell.

What is COST's earnings growth forecast for 2021-2023?

(NASDAQ: COST) Costco's forecast annual earnings growth rate of 4.64% is not forecast to beat the US Consumer Defensive industry's average forecast earnings growth rate of 12.49%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.57%.

Costco's earnings in 2021 is $4,726,000,000.On average, 11 Wall Street analysts forecast COST's earnings for 2021 to be $4,585,052,198, with the lowest COST earnings forecast at $4,332,277,092, and the highest COST earnings forecast at $4,738,980,656. On average, 14 Wall Street analysts forecast COST's earnings for 2022 to be $4,961,606,650, with the lowest COST earnings forecast at $4,531,208,183, and the highest COST earnings forecast at $5,256,201,492.

In 2023, COST is forecast to generate $5,430,509,335 in earnings, with the lowest earnings forecast at $5,194,311,819 and the highest earnings forecast at $5,693,849,892.

What is COST's revenue growth forecast for 2021-2023?

(NASDAQ: COST) Costco's forecast annual revenue growth rate of 5.66% is forecast to beat the US Consumer Defensive industry's average forecast revenue growth rate of 4.59%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.55%.

Costco's revenue in 2021 is $186,637,000,000.On average, 7 Wall Street analysts forecast COST's revenue for 2021 to be $84,801,915,237,508, with the lowest COST revenue forecast at $82,280,622,362,521, and the highest COST revenue forecast at $85,951,404,949,312. On average, 7 Wall Street analysts forecast COST's revenue for 2022 to be $90,868,126,113,905, with the lowest COST revenue forecast at $87,638,720,779,986, and the highest COST revenue forecast at $93,074,552,626,413.

In 2023, COST is forecast to generate $97,403,636,211,100 in revenue, with the lowest revenue forecast at $92,466,203,667,524 and the highest revenue forecast at $103,689,073,570,414.

What is COST's forecast return on assets (ROA) for 2021-2024?

(NASDAQ: COST) forecast ROA is 10.91%, which is higher than the forecast US Consumer Defensive industry average of 9.56%.

What is COST's Price Target?

According to 17 Wall Street analysts that have issued a 1 year COST price target, the average COST price target is $400.35, with the highest COST stock price forecast at $453.00 and the lowest COST stock price forecast at $325.00.

On average, Wall Street analysts predict that Costco's share price could stay at $400.35 by Jun 2, 2022. The average Costco stock price prediction forecasts a potential downside of N/A from the current COST share price of $383.76.

What is COST's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: COST) Costco's current Earnings Per Share (EPS) is $10.67. On average, analysts forecast that COST's EPS will be $10.37 for 2021, with the lowest EPS forecast at $9.80, and the highest EPS forecast at $10.72. On average, analysts forecast that COST's EPS will be $11.22 for 2022, with the lowest EPS forecast at $10.25, and the highest EPS forecast at $11.89. In 2023, COST's EPS is forecast to hit $12.28 (min: $11.75, max: $12.88).

What is COST's forecast return on equity (ROE) for 2021-2024?

(NASDAQ: COST) forecast ROE is 37.9%, which is considered strong.
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