WallStreetZen

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

Analyst price target for COST

Based on 15 analysts offering 12 month price targets for Costco Wholesale Corp.
Min Forecast
$325.00-10.52%
Avg Forecast
$384.93+5.98%
Max Forecast
$415.00+14.26%

Should I buy or sell COST stock?

Strong Buy
Strong Buy
8 analysts 53.33%
Buy
4 analysts 26.67%
Hold
3 analysts 20%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

COST stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Paul Trussell
Deutsche Bank
Strong BuyMaintains$350.00-3.64%2021-04-08
Mark Astrachan
Stifel Nicolaus
Strong BuyMaintains$385.00+6.00%2021-04-08
Edward Kelly
Wells Fargo
Strong BuyMaintains$400.00+10.13%2021-04-08
Kate McShane
Goldman Sachs
Strong BuyMaintains$415.00+14.26%2021-04-08
Stephanie Wissink
Jefferies
Strong BuyMaintains$405.00+11.51%2021-03-05
Anonymous
Morgan Stanley
Strong BuyMaintains$410.00+12.88%2020-12-14
Simeon Gutman
Morgan Stanley
Strong BuyMaintains$400.00+10.13%2020-11-12
Karen Short
Barclays
Strong BuyUpgrades$400.00+10.13%2020-10-06
Rupesh Parikh
Oppenheimer
BuyMaintains$400.00+10.13%2021-04-08
Scot Ciccarelli
RBC Capital
BuyMaintains$399.00+9.85%2021-03-05

1 of 2

Forecast return on equity

Is COST forecast to generate an efficient return?
Company
38.64%
Industry
39.71%
Market
32,279.67%
COST's Return on Equity is forecast to be high in 3 years (38.64%); 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
11.01%
Industry
9.13%
Market
11,627.87%
COST is forecast to generate higher Return on Assets (11.01%) than the US Consumer Defensive industry average (9.13%)
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
$9.92+1.05%
Avg 2 year Forecast
$10.94+11.41%
Avg 3 year Forecast
$12.08+23.03%
COST's earnings are forecast to grow at a rate of 7.03% 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
$188.3B+5.4%
Avg 2 year Forecast
$200.8B+12.42%
Avg 3 year Forecast
$215.0B+20.37%
COST's revenue is forecast to grow at a rate of 6.3% 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
7.03%
Industry
14.58%
Market
23.11%
COST's earnings are forecast to grow slower (7.03% per year) than the US Consumer Defensive industry average (14.58%)
Forecast
COST's earnings are forecast to grow slower (7.03% per year) than the US market average (23.11%)
Forecast
COST's earnings are forecast to grow faster (7.03% per year) than the risk-free savings rate (1.7%)
Forecast

COST revenue growth forecast

How is COST forecast to perform vs Consumer Defensive companies and vs the US market?
Company
6.3%
Industry
4.16%
Market
15.02%
COST's revenues are forecast to grow faster (6.3% per year) than the US Consumer Defensive industry average (4.16%)
Forecast
COST's revenues are forecast to grow slower (6.3% per year) than the US market average (15.02%)
Forecast

Costco Stock Forecast FAQ

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

The consensus among 15 Wall Street analysts covering (NASDAQ: COST) stock is to Strong Buy COST stock.

Out of 15 analysts, 8 (53.33%) are recommending COST as a Strong Buy, 4 (26.67%) are recommending COST as a Buy, 3 (20%) 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 7.03% is not forecast to beat the US Consumer Defensive industry's average forecast earnings growth rate of 14.58%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 23.11%.

Costco's earnings in 2021 is $4,344,000,000.On average, 11 Wall Street analysts forecast COST's earnings for 2021 to be $4,395,311,851, with the lowest COST earnings forecast at $4,230,222,437, and the highest COST earnings forecast at $4,562,438,859. On average, 13 Wall Street analysts forecast COST's earnings for 2022 to be $4,845,930,205, with the lowest COST earnings forecast at $4,540,291,097, and the highest COST earnings forecast at $5,169,287,522.

In 2023, COST is forecast to generate $5,351,785,077 in earnings, with the lowest earnings forecast at $5,191,435,284 and the highest earnings forecast at $5,536,940,363.

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

(NASDAQ: COST) Costco's forecast annual revenue growth rate of 6.3% is forecast to beat the US Consumer Defensive industry's average forecast revenue growth rate of 4.16%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 15.02%.

Costco's revenue in 2021 is $178,626,000,000.On average, 7 Wall Street analysts forecast COST's revenue for 2021 to be $83,395,311,192,667, with the lowest COST revenue forecast at $82,247,483,965,491, and the highest COST revenue forecast at $85,849,905,956,379. On average, 7 Wall Street analysts forecast COST's revenue for 2022 to be $88,946,565,210,437, with the lowest COST revenue forecast at $86,627,868,225,072, and the highest COST revenue forecast at $91,248,599,991,908.

In 2023, COST is forecast to generate $95,243,044,004,790 in revenue, with the lowest revenue forecast at $92,651,554,370,511 and the highest revenue forecast at $97,010,738,792,832.

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

(NASDAQ: COST) forecast ROA is 11.01%, which is higher than the forecast US Consumer Defensive industry average of 9.13%.

What is COST's Price Target?

According to 15 Wall Street analysts that have issued a 1 year COST price target, the average COST price target is $384.93, with the highest COST stock price forecast at $415.00 and the lowest COST stock price forecast at $325.00.

On average, Wall Street analysts predict that Costco's share price could stay at $384.93 by Apr 8, 2022. The average Costco stock price prediction forecasts a potential downside of N/A from the current COST share price of $363.21.

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

(NASDAQ: COST) Costco's current Earnings Per Share (EPS) is $9.82. On average, analysts forecast that COST's EPS will be $9.92 for 2021, with the lowest EPS forecast at $9.55, and the highest EPS forecast at $10.30. On average, analysts forecast that COST's EPS will be $10.94 for 2022, with the lowest EPS forecast at $10.25, and the highest EPS forecast at $11.67. In 2023, COST's EPS is forecast to hit $12.08 (min: $11.72, max: $12.50).

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

(NASDAQ: COST) forecast ROE is 38.64%, which is considered strong.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.