WallStreetZen

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

OverviewForecast
EarningsDividendOwnershipStatistics

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

1 of 2

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.
©2021 WallStreetZen
Company
AboutBlogPrivacy PolicyTerms of ServiceContact
Stocks
Stock ScreenerStock ForecastHighest Earnings StocksBest Dividend Paying StocksStatisticsTrending Stocks
Social
TwitterYouTube
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.