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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
$350.00-22.62%
Avg Forecast
$435.71-3.68%
Max Forecast
$525.00+16.07%

Should I buy or sell COST stock?

Based on 17 analysts offering ratings for Costco Wholesale Corp.
Strong Buy
Strong Buy
8 analysts 47.06%
Buy
5 analysts 29.41%
Hold
4 analysts 23.53%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

COST stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Morgan Stanley
Bottom 1%
1
Strong BuyMaintains$500.00+10.54%2021-09-09
Jefferies
Top 16%
85
Strong BuyMaintains$525.00+16.07%2021-09-02
Oppenheimer
Top 11%
90
BuyMaintains$500.00+10.54%2021-09-02
Deutsche Bank
Top 5%
96
HoldMaintains$399.00-11.79%2021-09-02
Telsey Advisory Group
Top 2%
99
BuyMaintains$470.00+3.91%2021-09-02
Loop Capital
Top 18%
83
Strong BuyMaintains$500.00+10.54%2021-08-05
Raymond James
Top 6%
95
BuyMaintains$460.00+1.70%2021-08-05
MKM Partners
Top 25%
76
HoldMaintains$385.00-14.89%2021-07-09
Stifel Nicolaus
Top 12%
89
Strong BuyMaintains$420.00-7.15%2021-07-09
Anonymous
Morgan Stanley
Strong BuyMaintains$425.00-6.04%2021-07-09

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Forecast return on equity

Is COST forecast to generate an efficient return?
Company
38.84%
Industry
50.43%
Market
2,556.64%
COST's Return on Equity is forecast to be high in 3 years (38.84%); 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
11.18%
Industry
12.53%
Market
1,250.14%
COST is forecast to generate lower Return on Assets (11.18%) than the US Consumer Defensive industry average (12.53%)
Forecast

COST earnings per share forecast

What is COST's earnings per share in the next 3 years based on estimates from 13 analysts?
Avg 1 year Forecast
$11.50+7.8%
Avg 2 year Forecast
$12.69+18.96%
Avg 3 year Forecast
$14.48+35.71%
COST's earnings are forecast to grow at a rate of 10.05% 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
$210.4B+12.75%
Avg 2 year Forecast
$225.3B+20.7%
Avg 3 year Forecast
$246.0B+31.81%
COST's revenue is forecast to grow at a rate of 9.28% 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
10.05%
Industry
12.41%
Market
18.71%
COST's earnings are forecast to grow slower (10.05% per year) than the US Consumer Defensive industry average (12.41%)
Forecast
COST's earnings are forecast to grow slower (10.05% per year) than the US market average (18.71%)
Forecast
COST's earnings are forecast to grow faster (10.05% per year) than the risk-free savings rate (1.3%)
Forecast

COST revenue growth forecast

How is COST forecast to perform vs Consumer Defensive companies and vs the US market?
Company
9.28%
Industry
4.5%
Market
12.32%
COST's revenues are forecast to grow faster (9.28% per year) than the US Consumer Defensive industry average (4.5%)
Forecast
COST's revenues are forecast to grow slower (9.28% per year) than the US market average (12.32%)
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 Strong Buy COST stock.

Out of 17 analysts, 8 (47.06%) are recommending COST as a Strong Buy, 5 (29.41%) are recommending COST as a Buy, 4 (23.53%) 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 2022-2024?

(NASDAQ: COST) Costco's forecast annual earnings growth rate of 10.05% is not forecast to beat the US Consumer Defensive industry's average forecast earnings growth rate of 12.41%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.71%.

Costco's earnings in 2021 is $4,726,000,000.On average, 13 Wall Street analysts forecast COST's earnings for 2022 to be $5,084,811,305, with the lowest COST earnings forecast at $4,531,208,183, and the highest COST earnings forecast at $5,287,146,328. On average, 7 Wall Street analysts forecast COST's earnings for 2023 to be $5,611,138,765, with the lowest COST earnings forecast at $5,304,829,092, and the highest COST earnings forecast at $5,835,312,001.

In 2024, COST is forecast to generate $6,401,160,438 in earnings, with the lowest earnings forecast at $6,299,484,547 and the highest earnings forecast at $6,502,836,329.

What is COST's revenue growth forecast for 2022-2024?

(NASDAQ: COST) Costco's forecast annual revenue growth rate of 9.28% is forecast to beat the US Consumer Defensive industry's average forecast revenue growth rate of 4.5%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.32%.

Costco's revenue in 2021 is $186,637,000,000.On average, 7 Wall Street analysts forecast COST's revenue for 2022 to be $93,027,939,535,251, with the lowest COST revenue forecast at $91,367,723,866,062, and the highest COST revenue forecast at $93,781,863,172,013. On average, 7 Wall Street analysts forecast COST's revenue for 2023 to be $99,583,438,670,533, with the lowest COST revenue forecast at $98,032,136,447,433, and the highest COST revenue forecast at $101,582,614,351,799.

In 2024, COST is forecast to generate $108,750,322,593,273 in revenue, with the lowest revenue forecast at $107,917,464,425,829 and the highest revenue forecast at $109,583,180,760,717.

What is COST's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: COST) forecast ROA is 11.18%, which is lower than the forecast US Consumer Defensive industry average of 12.53%.

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 $435.71, with the highest COST stock price forecast at $525.00 and the lowest COST stock price forecast at $350.00.

On average, Wall Street analysts predict that Costco's share price could stay at $435.71 by Sep 9, 2022. The average Costco stock price prediction forecasts a potential downside of N/A from the current COST share price of $452.33.

What is COST's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: COST) Costco's current Earnings Per Share (EPS) is $10.67. On average, analysts forecast that COST's EPS will be $11.50 for 2022, with the lowest EPS forecast at $10.25, and the highest EPS forecast at $11.96. On average, analysts forecast that COST's EPS will be $12.69 for 2023, with the lowest EPS forecast at $12.00, and the highest EPS forecast at $13.20. In 2024, COST's EPS is forecast to hit $14.48 (min: $14.25, max: $14.71).

What is COST's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: COST) forecast ROE is 38.84%, which is considered strong.
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