Costco Wholesale Corp (COST) Stock Forecast & Predictions

Costco Wholesale Corp COST: $371.26

999 Lake Dr, Issaquah, Washington, US. | Sector: Retail Trade | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: https://www.costco.com/

  • Market Cap$165.55B
  • Change (52 Weeks)25.10%
  • Low (52 Weeks)$284.61
  • Costco Wholesale Corp (COST) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Costco Wholesale Corp (COST) stock price is $371.26 and the 52 weeks low is $284.61, which means the Costco Wholesale Corp stock price is up 25.10% in the last 12 months.

    Costco Wholesale Corp (COST) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that COST Stock price might rise further, 31.25% indicating that COST Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall COST stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Costco Wholesale Corp (COST) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Costco Wholesale Corp (COST) is based on 40 Institutional Analyst Ratings where 47.50% are on Strong Buy, 25.00% on Moderate Buy, 25.00% remains on Hold, 2.50% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 40 Institutional Analysts, majority recommended COST stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Costco Wholesale Corp.

    Costco Wholesale Corp (COST) Stock Price Prediction By Analysts


    HighLowAverage
    $435.75$328.25$395.25
    $395.256.46% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for COST set by the institutional analysts is $395.25 where High Estimate is $435.75, Median $407.49 and Low $328.25.

    The average price target for COST by Institutional Analysts is $395.25, which is 6.46% Upside from the current price. So according to the Institutional Analysts, COST Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Costco Wholesale Corp (COST) Stock Forecast Based on Investor Sentiment


    Neutral
    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with COST stock holdings and found that 54.00% of them are bullish. Which means the Investor Sentiment is mostly Neutral.

    This shows most investors at this stage are confused about COST stock price, whille half of them are optimistic that the price can rise further, half of them think the stock is overvalued and the price can fall anytime.

    Costco Wholesale Corp (COST) Stock Forecast Based on News Sentiment


    Bullish
    Based on 12 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about COST, it shows that Costco Wholesale Corp had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that COST stock price may surge in the next few weeks.

    Costco Wholesale Corp (COST) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Wells FargoOverweightMaintained
    StifelBuyMaintained
    OppenheimerOutperformMaintained
    Goldman SachsBuyMaintained
    Deutsche BankBuyMaintained
    Wells FargoOverweightUpgraded
    Wells FargoEqual-WeightMaintained
    StifelBuyMaintained
    RBC CapitalOutperformMaintained
    OppenheimerOutperformMaintained
    JefferiesBuyMaintained
    DA DavidsonNeutralMaintained
    CitigroupNeutralMaintained
    BairdOutperformMaintained
    Morgan StanleyOverweightMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyOverweightMaintained
    JefferiesBuyUpgraded
    Deutsche BankHoldMaintained
    Credit SuisseNeutralMaintained
    BarclaysOverweightUpgraded
    RBC CapitalOutperformMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyOverweightMaintained
    MKM PartnersNeutralMaintained
    Deutsche BankHoldMaintained
    BMO CapitalOutperformMaintained
    OppenheimerOutperformMaintained
    DA DavidsonNeutralInitiated
    Raymond JamesOutperformMaintained
    StifelBuyMaintained
    CitigroupNeutralMaintained
    MKM PartnersNeutralInitiated
    Deutsche BankHoldMaintained
    Atlantic EquitiesOverweightInitiated
    OppenheimerOutperformMaintained
    Deutsche BankHoldMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankHoldMaintained
    Deutsche BankHoldMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankHoldMaintained
    UBSBuyMaintained
    StifelBuyMaintained
    RBC CapitalOutperformMaintained
    Raymond JamesOutperformMaintained
    NomuraNeutralMaintained
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankHoldMaintained
    BairdOutperformMaintained
    Argus ResearchBuyMaintained
    Credit SuisseNeutralInitiated
    OppenheimerOutperformUpgraded
    Wells FargoEqual-WeightMaintained
    RBC CapitalOutperformMaintained
    Raymond JamesOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    Deutsche BankHoldReiterated
    NomuraNeutralInitiated
    Deutsche BankHoldMaintained
    Northcoast ResearchNeutralDowngraded
    RBC CapitalOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    BMO CapitalOutperformMaintained
    Bank of AmericaBuyMaintained
    Deutsche BankHoldMaintained
    Gordon HaskettAccumulateUpgraded
    BernsteinUnderperformDowngraded
    OppenheimerPerformDowngraded
    UBSBuyMaintained
    UBSBuyMaintained
    JP MorganOverweightMaintained
    Wells FargoMarket PerformMaintained
    StifelBuyMaintained
    BairdOutperformMaintained
    Raymond JamesOutperformMaintained
    Stifel NicolausBuyMaintained
    NomuraNeutralMaintained
    Goldman SachsBuyInitiated
    BairdOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    CitiNeutralMaintained
    Gordon HaskettHoldDowngraded
    Wells FargoMarket PerformMaintained
    BairdOutperformMaintained
    OppenheimerOutperformMaintained
    Stifel NicolausBuyMaintained
    NomuraNeutralMaintained
    CitigroupNeutralMaintained
    NomuraNeutralInitiated
    Evercore ISI GroupOutperformInitiated
    CitigroupNeutralMaintained
    RBC CapitalOutperformMaintained
    Raymond JamesOutperformMaintained
    Wells FargoMarket PerformMaintained
    CitigroupNeutralDowngraded
    Deutsche BankHoldMaintained
    CitigroupBuyMaintained
    BMO CapitalOutperformMaintained
    JP MorganOverweightMaintained
    BarclaysEqual-WeightDowngraded
    Wells FargoMarket PerformDowngraded
    Raymond JamesOutperformMaintained
    BMO CapitalOutperformMaintained
    Stifel NicolausBuyMaintained
    BairdOutperformMaintained
    CitigroupBuyMaintained
    Raymond JamesOutperformMaintained
    Wells FargoOutperformMaintained
    JP MorganOverweightMaintained
    CitigroupBuyMaintained
    ArgusBuyMaintained
    Loop CapitalBuyInitiated
    Wells FargoOutperformUpgraded
    Gordon HaskettBuyUpgraded
    BMO CapitalOutperformUpgraded
    Moffett NathansonBuyInitiated
    Morgan StanleyEqual-WeightDowngraded
    CitigroupBuyMaintained
    BMO CapitalMarket PerformDowngraded
    Raymond JamesOutperformUpgraded
    Deutsche BankHoldDowngraded
    Gordon HaskettAccumulateInitiated
    BarclaysOverweightUpgraded
    BMO CapitalOutperformMaintained
    SusquehannaPositiveInitiated
    BernsteinMarket PerformInitiated
    Stifel NicolausBuyInitiated
    CitigroupBuyUpgraded
    Deutsche BankBuyMaintained
    Edward JonesBuyUpgraded
    Northcoast ResearchBuyUpgraded
    Wells FargoMarket PerformInitiated
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    CitigroupNeutralMaintained
    Goldman SachsBuyUpgraded
    Deutsche BankBuyMaintained
    CitigroupNeutralMaintained
    Deutsche BankBuyMaintained
    RBC CapitalOutperformInitiated
    Wolfe ResearchPeer PerformDowngraded
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    Cleveland ResearchNeutralDowngraded
    OppenheimerOutperformMaintained
    BMO CapitalOutperformMaintained
    BarclaysEqual-WeightMaintained
    Deutsche BankBuyMaintained
    Deutsche BankBuyUpgraded
    CitigroupNeutralInitiated
    Northcoast ResearchNeutralDowngraded
    UBSBuyUpgraded
    JP MorganOverweightMaintained
    Sterne Agee CRTBuyMaintained
    Sterne Agee CRTBuyMaintained
    OppenheimerOutperformUpgraded
    Deutsche BankHoldMaintained
    MacquarieNeutralInitiated
    BarclaysEqual-WeightMaintained
    Deutsche BankHoldDowngraded
    BMO CapitalOutperformInitiated
    Goldman SachsNeutralDowngraded
    JefferiesHoldMaintained
    Cowen & Co.OutperformInitiated
    Janney CapitalNeutralDowngraded
    UBSNeutralMaintained
    JP MorganOverweightMaintained
    Credit SuisseOutperformMaintained
    JefferiesHoldMaintained
    Tigress FinancialBuyDowngraded
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    OppenheimerPerformMaintained
    UBSNeutralMaintained
    JefferiesHoldMaintained
    CitigroupBuyInitiated
    Northcoast ResearchBuyUpgraded
    Morgan StanleyOverweightInitiated
    UBSNeutralMaintained
    UBSNeutralMaintained
    JP MorganOverweightMaintained
    NomuraBuyInitiated
    Northcoast ResearchNeutralDowngraded
    UBSNeutralDowngraded
    Deutsche BankBuyMaintained
    Stifel NicolausBuyMaintained
    Williams CapitalOutperformInitiated
    Sterne AgeeBuyInitiated
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    UBSBuyInitiated
    JefferiesHoldMaintained
    Morgan StanleyOverweightMaintained
    CitigroupNeutralMaintained
    PiperJaffrayOverweightMaintained
    Cowen & Co.NeutralInitiated
    BernsteinMarket PerformUpgraded
    McAdams Wright RagenHoldMaintained
    CitigroupNeutralMaintained
    PiperJaffrayOverweightMaintained
    McAdams Wright RagenHoldMaintained
    BMO CapitalOutperformUpgraded
    Deutsche BankBuyMaintained
    BMO CapitalMarket PerformUpgraded
    OppenheimerOverweightMaintained
    McAdams Wright RagenHoldMaintained
    JefferiesHoldMaintained
    CitigroupNeutralMaintained
    BarclaysEqual-WeightMaintained
    OppenheimerPerformMaintained
    Credit SuisseOutperformMaintained
    JefferiesHoldMaintained
    Stifel NicolausBuyMaintained
    Bank of AmericaBuyMaintained
    PiperJaffrayOverweightMaintained
    JP MorganOverweightMaintained
    JefferiesHoldMaintained
    JP MorganOverweightMaintained
    Stifel NicolausBuyMaintained
    PiperJaffrayOverweightMaintained
    Deutsche BankBuyUpgraded
    McAdams Wright RagenHoldMaintained
    JP MorganOverweightMaintained
    Goldman SachsNeutralMaintained
    CitigroupNeutralMaintained
    ISI GroupBuyUpgraded
    Deutsche BankHoldDowngraded
    JefferiesHoldMaintained
    OppenheimerPerformInitiated

    Costco Wholesale Corp (COST) Stock Earning Per Share (EPS) Forecast / Estimate


    $2.270
    The average consensus EPS for COST is $2.270 with a high estimate of $2.677 and Low of $1.842 for the period 2021-06-30 and based on 30 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.3$2.09190782020-12-31


    The latest average Earning Per Share Estimate for Costco Wholesale Corp is $2.27, which is lower than COST's last EPS, $2.30. This means that Analysts are expecting Costco Wholesale Corp to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Costco Wholesale Corp.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $2.3$2.09190782020-12-31
    $3.04$2.89279142020-09-30
    $1.89$1.98805142020-06-30
    $2.1$2.10550442020-03-31
    $1.73$1.74949382019-12-31
    $2.69$2.59557360000000032019-09-30
    $1.89$1.85799122019-06-30
    $2.01$1.72783922019-03-31
    $1.61$1.65532742018-12-31
    $2.36$2.40703682018-09-30
    $1.7$1.72015860000000022018-06-30
    $1.42$1.49743142018-03-31
    $1.36$1.36994162017-12-31
    $2.08$2.05738080000000022017-09-30
    $1.4$1.33890300000000022017-06-30
    $1.17$1.38453780000000022017-03-31
    $1.17$1.21469762016-12-31
    $1.77$1.760522016-09-30
    $1.24$1.24321682016-06-30
    $1.24$1.30645682016-03-31
    $1.09$1.1915132015-12-31
    $1.73$1.6930472015-09-30
    $1.17$1.17785522015-06-30
    $1.25$1.20241680000000022015-03-31
    $1.12$1.11215699999999982014-12-31
    $1.58$1.5522872014-09-30
    $1.07$1.11265680000000012014-06-30
    $1.05$1.18834080000000022014-03-31
    $0.96$1.04452080000000012013-12-31
    $1.4$1.49140322013-09-30
    $1.04$1.04596922013-06-30
    $1.1$1.0798742013-03-31
    $0.95$0.95021159999999992012-12-31
    $1.39$1.33237499999999992012-09-30
    $0.88$0.88697160000000012012-06-30
    $0.9$0.889952012-03-31
    $0.8$0.81260342011-12-31
    $1.08$1.11978662011-09-30
    $0.73$0.78417600000000012011-06-30
    $0.79$0.8013122011-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).