Costco Wholesale (NASDAQ:COST) Price Target Raised to $1,000.00 at DA Davidson

Costco Wholesale (NASDAQ:COST) had its target price boosted by investment analysts at DA Davidson from $900.00 to $1,000.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the retailer’s stock. DA Davidson’s price target suggests a potential downside of 4.20% from the stock’s previous close. DA Davidson also issued estimates for Costco Wholesale’s Q2 2025 earnings at $4.06 EPS and FY2025 earnings at $18.45 EPS.

Other equities analysts have also issued research reports about the stock. Citigroup upped their target price on shares of Costco Wholesale from $800.00 to $1,060.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 18th. Telsey Advisory Group reissued an “outperform” rating and set a $1,100.00 price objective on shares of Costco Wholesale in a report on Monday, February 3rd. Wells Fargo & Company lifted their target price on Costco Wholesale from $950.00 to $1,000.00 and gave the stock an “equal weight” rating in a report on Friday, December 13th. Raymond James increased their price target on Costco Wholesale from $990.00 to $1,030.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Finally, Stifel Nicolaus raised their price target on Costco Wholesale from $1,000.00 to $1,075.00 and gave the company a “buy” rating in a report on Thursday. Nine investment analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,021.93.

Costco Wholesale Trading Down 0.7 %

COST stock opened at $1,043.81 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.98 and a quick ratio of 0.43. Costco Wholesale has a 1-year low of $697.27 and a 1-year high of $1,063.00. The business has a 50 day simple moving average of $959.83 and a two-hundred day simple moving average of $912.64. The company has a market capitalization of $463.35 billion, a price-to-earnings ratio of 61.29, a PEG ratio of 5.84 and a beta of 0.84.

Institutional Trading of Costco Wholesale

Large investors have recently made changes to their positions in the stock. AMF Tjanstepension AB bought a new position in Costco Wholesale in the third quarter worth approximately $42,896,000. Gunderson Capital Management Inc. grew its position in shares of Costco Wholesale by 47.0% during the 3rd quarter. Gunderson Capital Management Inc. now owns 435 shares of the retailer’s stock worth $385,000 after buying an additional 139 shares in the last quarter. CWM LLC increased its stake in shares of Costco Wholesale by 6.1% during the third quarter. CWM LLC now owns 54,764 shares of the retailer’s stock valued at $48,550,000 after buying an additional 3,151 shares during the period. Wedmont Private Capital raised its holdings in shares of Costco Wholesale by 9.1% in the third quarter. Wedmont Private Capital now owns 5,152 shares of the retailer’s stock valued at $4,501,000 after acquiring an additional 429 shares in the last quarter. Finally, Clarus Wealth Advisors lifted its stake in Costco Wholesale by 3.2% in the third quarter. Clarus Wealth Advisors now owns 836 shares of the retailer’s stock worth $730,000 after acquiring an additional 26 shares during the period. 68.48% of the stock is owned by hedge funds and other institutional investors.

About Costco Wholesale

Costco Wholesale Corporation, together with its subsidiaries, engages in the operation of membership warehouses in the United States, Puerto Rico, Canada, Mexico, Japan, the United Kingdom, Korea, Australia, Taiwan, China, Spain, France, Iceland, New Zealand, and Sweden. The company offers branded and private-label products in a range of merchandise categories.