Neutral
Jefferies lowers Costco price target to $1,100 after Q4 earnings beat
Costco Wholesale Corporation reported strong fiscal Q4 2026 results, with net sales up 11.2% to $93.9 billion and earnings per share of $6.75, surpassing analyst expectations. Despite the positive earnings, Jefferies adjusted its price target for Costco stock from $1,130 to $1,100, citing concerns over membership growth and the stock's premium valuation.
Key points
- Costco's fiscal Q4 2026 net sales increased by 11.2% to $93.9 billion, with earnings per share of $6.75, exceeding analyst expectations.
- Jefferies lowered its price target for Costco stock from $1,130 to $1,100, reflecting concerns over membership growth and valuation.
- Costco's stock is trading at a P/E ratio of 46.02, indicating a premium valuation.
Sources
- Jefferies cuts target for Costco Wholesale stock from USD 1,130 to USD 1,100Ad-Hoc News · October 1, 2026
- Costco Wholesale stock gains 2.93 percent after earnings beatAd-Hoc News · September 28, 2026
- Costco Wholesale stock steadies as strong fiscal 2026 sales support upside targetsAd-Hoc News · September 13, 2026
AI-generated from public news sources. Not financial advice.
