Neutral
Costco's stock remains steady at $898.48 amid strong fiscal 2026 performance.
Costco's stock price has remained relatively stable at $898.48, reflecting investor confidence in the company's robust fiscal 2026 performance. The stock is trading approximately 15.4% below its 52-week high of $1,096.50, despite reporting strong sales and earnings growth.
Key points
- Costco reported a 9.9% year-over-year increase in August net sales, reaching $23.7 billion, indicating strong consumer demand.
- Analysts maintain a consensus 'Moderate Buy' rating for Costco, with an average price target of $1,059.53, suggesting potential upside from current levels.
- UBS reiterated a 'Buy' rating on Costco with a price target of $1,275.00, anticipating continued business model durability in upcoming quarterly results.
- RBC Capital maintained a 'Sector Perform' rating with a $1,000.00 price target, projecting 11% revenue growth and adjusted earnings per share of $6.54 for the fourth quarter.
Sources
- Costco stock outlook: 15.4% below its 52-week high as fundamentals hold firmInvesting.com · September 3, 2026
- Costco Wholesale (NASDAQ:COST) Trading Down 2.2% - What's Next?MarketBeat · August 27, 2026
- UBS reiterates Costco stock Buy rating ahead of quarterly resultsInvesting.com · September 17, 2026
- RBC Capital reiterates Costco stock rating on tariff refund outlookInvesting.com · September 15, 2026
AI-generated from public news sources. Not financial advice.
