Bank of America Lowers Costco Wholesale (NASDAQ:COST) Price Target to $1,095.00

Key Points

• Bank of America lowered Costco’s price target from $1,200 to $1,095 while maintaining a “buy” rating, implying approximately 22% upside from the reported $897.11 share price.
• Analyst sentiment remains broadly positive: 22 analysts rate Costco a Buy, 12 a Hold, and one a Sell, producing a consensus “Moderate Buy” rating and average target of $1,052.65.
• Costco shares traded near $897.11, with a 52-week range of $844.06 to $1,096.50; the stock carries a high valuation, including a price-to-earnings ratio of 45.09.

Costco Wholesale (NASDAQ:COST - Get Free Report) had its target price cut by stock analysts at Bank of America from $1,200.00 to $1,095.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage currently has a "buy" rating on the retailer's stock. Bank of America's target price would indicate a potential upside of 22.06% from the company's current price.

COST has been the subject of several other reports. UBS Group lifted their price objective on Costco Wholesale from $1,205.00 to $1,275.00 and gave the stock a "buy" rating in a research report on Wednesday, May 20th. Oppenheimer increased their price objective on Costco Wholesale from $1,100.00 to $1,160.00 and gave the stock an "outperform" rating in a report on Tuesday, May 19th. DA Davidson restated a "neutral" rating and set a $1,000.00 target price on shares of Costco Wholesale in a research report on Thursday, September 3rd. Weiss Ratings cut shares of Costco Wholesale from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, September 2nd. Finally, Truist Financial boosted their target price on Costco Wholesale from $977.00 to $1,011.00 and gave the stock a "hold" rating in a research note on Friday, May 29th. Twenty-two analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Costco Wholesale presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,052.65.

Costco Wholesale Stock Performance

Shares of NASDAQ COST traded down $4.24 during trading hours on Wednesday, hitting $897.11. 149,456 shares of the company's stock were exchanged, compared to its average volume of 2,159,595. Costco Wholesale has a 1-year low of $844.06 and a 1-year high of $1,096.50. The stock has a market capitalization of $397.85 billion, a price-to-earnings ratio of 45.09, a PEG ratio of 3.83 and a beta of 0.86. The company's 50-day moving average price is $938.54 and its 200-day moving average price is $973.21. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.07 and a quick ratio of 0.61.

Insider Transactions at Costco Wholesale

In other Costco Wholesale news, Director Kenneth Denman sold 885 shares of the business's stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total value of $847,343.25. Following the transaction, the director directly owned 4,779 shares in the company, valued at $4,575,653.55. The trade was a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.10% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in COST. C M Bidwell & Associates Ltd. bought a new stake in Costco Wholesale in the second quarter worth $28,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Costco Wholesale during the 4th quarter valued at $27,000. Burk Holdings LLC bought a new position in Costco Wholesale during the second quarter worth about $30,000. Manning & Napier Advisors LLC bought a new stake in Costco Wholesale in the 2nd quarter valued at approximately $30,000. Finally, Lifetime Wealth Management P.C. bought a new stake in Costco Wholesale during the fourth quarter worth $28,000. Institutional investors own 68.48% of the company's stock.

Trending Headlines about Costco Wholesale

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

• Positive Sentiment: Expansion remains a key growth driver. Costco plans to open 10 stores over the next two months, including a 159,000-square-foot location in Littleton. New warehouses could support membership growth and sales over time. Costco store expansion
• Positive Sentiment: Sales and e-commerce trends are favorable. Costco reportedly finished fiscal 2026 with $297.3 billion in sales, up 10.2%, while digital sales increased 17.9% in August and 20.9% for the fiscal year. The figures reinforce the company’s growth momentum ahead of earnings. Costco fiscal 2026 sales
• Positive Sentiment: Uber delivery expansion may improve convenience and digital engagement. Costco’s nationwide delivery rollout could help increase online orders and member value, although reports also cite a decline in membership to 82.9 million. Costco Uber delivery rollout
• Neutral Sentiment: Analysts are waiting for the earnings catalyst. RBC Capital reiterated a Hold rating before the September 24 results. The stock’s elevated valuation means strong sales may already be reflected in the share price, increasing the importance of management’s outlook. RBC Costco Hold rating
• Negative Sentiment: Fuel and supply costs could pressure margins. Higher oil prices have pushed Costco to raise Kirkland motor-oil prices sharply and limit purchases. RBC expects higher fuel costs to weigh on fourth-quarter gross margins, though potential tariff refunds could offset some of the impact. Costco margin pressure
• Negative Sentiment: Membership and valuation risks remain. Reported membership declines raise concerns about customer retention, while Costco trades at a high earnings multiple. Walmart’s move into Medicare Advantage plans also adds competition in a service area where Costco participates. Walmart Medicare Advantage plans

About Costco Wholesale

Costco Wholesale Corporation operates membership-based warehouse clubs that offer a broad selection of merchandise at generally competitive prices. Its product range includes groceries, fresh foods, apparel, appliances, electronics, furniture, jewelry, hardware, and seasonal goods, along with private-label products sold under the Kirkland Signature brand.

The company also provides a variety of ancillary services, including gasoline stations, pharmacies, optical centers, hearing-aid centers, food courts, tire centers, and travel services.

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