Evercore ISI Boosts Costco Wholesale (NASDAQ:COST) Price Target to $1,050.00

Costco Wholesale (NASDAQ:COST) had its target price boosted by analysts at Evercore ISI from $1,025.00 to $1,050.00 in a report issued on Tuesday, MarketBeat Ratings reports. The brokerage presently has an “outperform” rating on the retailer’s stock. Evercore ISI’s target price suggests a potential upside of 7.35% from the company’s current price.

Other analysts have also recently issued research reports about the stock. Robert W. Baird set a $1,100.00 target price on shares of Costco Wholesale in a research note on Thursday, February 5th. Roth Mkm reissued a “sell” rating on shares of Costco Wholesale in a report on Wednesday, February 4th. TD Cowen restated a “buy” rating on shares of Costco Wholesale in a research report on Friday, December 12th. JPMorgan Chase & Co. increased their target price on Costco Wholesale from $1,000.00 to $1,050.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Gordon Haskett lifted their price target on Costco Wholesale from $1,000.00 to $1,100.00 in a research note on Tuesday, February 3rd. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,009.00.

Costco Wholesale Stock Up 0.7%

COST stock opened at $978.14 on Tuesday. The firm has a 50-day moving average price of $918.42 and a 200-day moving average price of $931.46. Costco Wholesale has a 12 month low of $844.06 and a 12 month high of $1,078.23. The company has a current ratio of 1.04, a quick ratio of 0.53 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $434.17 billion, a P/E ratio of 52.39, a price-to-earnings-growth ratio of 5.12 and a beta of 1.01.

Costco Wholesale (NASDAQ:COST) last announced its quarterly earnings results on Thursday, December 11th. The retailer reported $4.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.27 by $0.07. The company had revenue of $67.31 billion for the quarter, compared to analyst estimates of $67.03 billion. Costco Wholesale had a net margin of 2.96% and a return on equity of 29.35%. The firm’s revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the firm posted $4.04 EPS. As a group, equities research analysts anticipate that Costco Wholesale will post 18.03 EPS for the current fiscal year.

Insider Transactions at Costco Wholesale

In other news, EVP Teresa A. Jones sold 850 shares of the company’s stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $986.26, for a total value of $838,321.00. Following the sale, the executive vice president directly owned 4,228 shares of the company’s stock, valued at approximately $4,169,907.28. This represents a 16.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Javier Polit sold 2,049 shares of Costco Wholesale stock in a transaction on Monday, December 29th. The stock was sold at an average price of $867.21, for a total transaction of $1,776,913.29. Following the transaction, the executive vice president directly owned 10,748 shares of the company’s stock, valued at $9,320,773.08. This represents a 16.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 6,915 shares of company stock worth $6,317,097. Company insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Hobbs Wealth Management LLC boosted its holdings in shares of Costco Wholesale by 4.4% during the 2nd quarter. Hobbs Wealth Management LLC now owns 262 shares of the retailer’s stock worth $259,000 after buying an additional 11 shares in the last quarter. Busey Bank lifted its position in shares of Costco Wholesale by 0.4% during the 3rd quarter. Busey Bank now owns 2,651 shares of the retailer’s stock valued at $2,454,000 after acquiring an additional 11 shares during the period. Pasadena Private Wealth LLC boosted its stake in Costco Wholesale by 0.8% during the third quarter. Pasadena Private Wealth LLC now owns 1,403 shares of the retailer’s stock worth $1,299,000 after acquiring an additional 11 shares in the last quarter. Tandem Investment Partners LLC grew its holdings in Costco Wholesale by 1.1% in the third quarter. Tandem Investment Partners LLC now owns 990 shares of the retailer’s stock worth $916,000 after purchasing an additional 11 shares during the period. Finally, Optima Capital LLC grew its holdings in Costco Wholesale by 0.9% in the third quarter. Optima Capital LLC now owns 1,192 shares of the retailer’s stock worth $1,104,000 after purchasing an additional 11 shares during the period. 68.48% of the stock is owned by institutional investors and hedge funds.

Key Costco Wholesale News

Here are the key news stories impacting Costco Wholesale this week:

• Positive Sentiment: Evercore ISI raised its price target to $1,050 and kept an “outperform” rating — a formal analyst upgrade that supports further upside. Evercore price target raise
• Positive Sentiment: JPMorgan/other Wall Street commentary flagged upside potential for COST, reinforcing analyst conviction and likely supporting buying interest. JPMorgan analyst says stock expected to rise
• Positive Sentiment: Local development news shows continued footprint expansion (Sanford Seminole Towne Center), which supports sales growth and long‑term comp opportunities. Sanford Costco development
• Positive Sentiment: Coverage noting the stock’s YTD momentum and bullish price targets (including speculative $1,200 debate) can attract momentum traders and retail buyers. Can COST hit $1,200?
• Positive Sentiment: Investor discussion about potential special dividends keeps yield-focused investors interested — a visible catalyst ahead of earnings that could lift the stock if management signals payouts. Special dividend speculation
• Neutral Sentiment: Short‑interest postings show effectively zero reported short interest (odd/possibly stale data), so short squeeze risk appears minimal based on current figures. (No external link)
• Neutral Sentiment: Articles highlighting regional store features (e.g., outdoor food courts) and the Costco Pharmacy provide consumer interest/brand goodwill but are unlikely to move the stock materially on their own. Members in awe of regional stores Costco Pharmacy explainer
• Neutral Sentiment: Market commentary and research sites (Zacks, Yahoo/MarketBeat summaries) are flagging COST as a trending/bullish name — useful context for flows but not a direct fundamental change. Zacks trending stock note Are analysts bullish?
• Negative Sentiment: Reports that some third‑party gift cards sold at Costco are now worthless represent a reputational/headline risk and could prompt short‑term customer concern. Worthless gift cards report
• Negative Sentiment: Recall alerts tied to products with “severe” reactions are a near‑term operational/headline negative that could press sentiment until resolved. Recall update

About Costco Wholesale

Costco Wholesale Corporation operates a global chain of membership-only warehouse clubs that sell a wide array of merchandise in bulk at discounted prices. The company’s product mix includes groceries, fresh and frozen food, household goods, electronics, apparel, and seasonal items, augmented by its prominent private-label brand, Kirkland Signature. Costco’s business model centers on annual membership fees and high-volume, low-margin sales, designed to drive repeat purchasing and strong customer loyalty among both consumers and small-business buyers.

Beyond merchandise, Costco provides a range of ancillary services that complement its warehouses, including gasoline stations, pharmacy and optical services, hearing aid centers, photo services, and travel and insurance products.