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

OverviewForecast
EarningsDividendOwnershipStatistics

Analyst price target for COST

Based on 19 analysts offering 12 month price targets for Costco Wholesale Corp.
Min Forecast
$325.00-10.26%
Avg Forecast
$392.74+8.44%
Max Forecast
$435.00+20.11%

Should I buy or sell COST stock?

Strong Buy
Strong Buy
14 analysts 60.87%
Buy
3 analysts 13.04%
Hold
6 analysts 26.09%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Forecast return on equity

Is COST forecast to generate an efficient return?
Company
41.23%
Industry
35.21%
Market
62.25%
COST's Return on Equity is forecast to be high in 4 years (41.23%); 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
10.17%
Industry
8.3%
Market
19.66%
COST is forecast to generate higher Return on Assets (10.17%) than the US Consumer Defensive industry average (8.3%)
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
$9.95+1.81%
Avg 2 year Forecast
$10.94+11.95%
Avg 3 year Forecast
$12.10+23.87%
COST's earnings are forecast to grow at a rate of 7.21% 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
$184.1B+6.47%
Avg 2 year Forecast
$195.1B+12.81%
Avg 3 year Forecast
$208.2B+20.39%
COST's revenue is forecast to grow at a rate of 6.29% 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
7.21%
Industry
2.44%
Market
20.47%
COST's earnings are forecast to grow faster (7.21% per year) than the US Consumer Defensive industry average (2.44%)
Forecast
COST's earnings are forecast to grow slower (7.21% per year) than the US market average (20.47%)
Forecast
COST's earnings are forecast to grow faster (7.21% per year) than the risk-free savings rate (1.1%)
Forecast

COST revenue growth forecast

How is COST forecast to perform vs Consumer Defensive companies and vs the US market?
Company
6.29%
Industry
3.21%
Market
14.48%
COST's revenues are forecast to grow faster (6.29% per year) than the US Consumer Defensive industry average (3.21%)
Forecast
COST's revenues are forecast to grow slower (6.29% per year) than the US market average (14.48%)
Forecast

Costco Stock Forecast FAQ

Is Costco Stock a good buy in 2020, according to Wall Street analysts?

The consensus among 23 Wall Street analysts covering (NASDAQ: COST) stock is to Strong Buy COST stock.

Out of 23 analysts, 14 (60.87%) are recommending COST as a Strong Buy, 3 (13.04%) are recommending COST as a Buy, 6 (26.09%) 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 Price Target?

According to 19 Wall Street analysts that have issued a 1 year COST price target, the average COST price target is $392.74, with the highest COST stock price forecast at $435.00 and the lowest COST stock price forecast at $325.00.

On average, Wall Street analysts predict that Costco's share price could reach $392.74 by Jan 7, 2022. The average Costco stock price prediction forecasts a potential upside of 8.44% from the current COST share price of $362.16.

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

(NASDAQ: COST) Costco's forecast annual earnings growth rate of 7.21% is forecast to beat the US Consumer Defensive industry's average forecast earnings growth rate of 2.44%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.47%.

Costco's earnings in 2020 is $4,324,000,000.On average, 11 Wall Street analysts forecast COST's earnings for 2021 to be $4,388,630,448, with the lowest COST earnings forecast at $4,121,069,772, and the highest COST earnings forecast at $4,531,411,837. On average, 12 Wall Street analysts forecast COST's earnings for 2022 to be $4,825,931,545, with the lowest COST earnings forecast at $4,412,280,270, and the highest COST earnings forecast at $5,060,885,470.

In 2023, COST is forecast to generate $5,339,962,197 in earnings, with the lowest earnings forecast at $5,043,236,349 and the highest earnings forecast at $5,621,245,064.

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

(NASDAQ: COST) Costco's forecast annual revenue growth rate of 6.29% is forecast to beat the US Consumer Defensive industry's average forecast revenue growth rate of 3.21%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.48%.

Costco's revenue in 2020 is $172,929,000,000.On average, 7 Wall Street analysts forecast COST's revenue for 2021 to be $81,239,428,068,908, with the lowest COST revenue forecast at $80,307,560,211,848, and the highest COST revenue forecast at $82,817,750,580,254. On average, 7 Wall Street analysts forecast COST's revenue for 2022 to be $86,072,485,888,085, with the lowest COST revenue forecast at $83,249,580,450,279, and the highest COST revenue forecast at $88,717,278,160,863.

In 2023, COST is forecast to generate $91,861,719,257,556 in revenue, with the lowest revenue forecast at $87,810,995,793,405 and the highest revenue forecast at $95,372,320,492,104.

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

(NASDAQ: COST) Costco's current Earnings Per Share (EPS) is $9.77. On average, analysts forecast that COST's EPS will be $9.95 for 2021, with the lowest EPS forecast at $9.34, and the highest EPS forecast at $10.27. On average, analysts forecast that COST's EPS will be $10.94 for 2022, with the lowest EPS forecast at $10.00, and the highest EPS forecast at $11.47. In 2023, COST's EPS is forecast to hit $12.10 (min: $11.43, max: $12.74).

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

(NASDAQ: COST) forecast ROE is 41.23%, which is considered strong.

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

(NASDAQ: COST) forecast ROA is 10.17%, which is higher than the forecast US Consumer Defensive industry average of 8.3%.
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