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

Costco Wholesale (NASDAQ:COST) had its price target dropped by analysts at Bank of America from $1,200.00 to $1,095.00 in a note issued to investors on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the retailer’s stock. Bank of America‘s target price suggests a potential upside of 22.06% from the company’s current price.

COST has been the topic of a number of other research reports. Royal Bank Of Canada restated a “sector perform” rating on shares of Costco Wholesale in a report on Tuesday. Sanford C. Bernstein set a $1,144.00 target price on shares of Costco Wholesale in a research note on Friday, September 4th. Citigroup initiated coverage on Costco Wholesale in a research report on Thursday, June 18th. They set a “neutral” rating and a $1,020.00 target price for the company. BTIG Research restated a “buy” rating and issued a $1,125.00 price target on shares of Costco Wholesale in a report on Thursday, September 3rd. Finally, UBS Group boosted their price target 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. Twenty-two analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,052.65.

Costco Wholesale Price Performance

Costco Wholesale stock traded down $4.24 during midday trading on Wednesday, reaching $897.11. 149,456 shares of the stock were exchanged, compared to its average volume of 2,159,595. The company’s fifty day moving average is $938.54 and its 200-day moving average is $973.21. Costco Wholesale has a 52 week low of $844.06 and a 52 week high of $1,096.50. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. The firm has a market cap of $397.85 billion, a PE ratio of 45.09, a PEG ratio of 3.83 and a beta of 0.86.

Insider Activity at Costco Wholesale

In other Costco Wholesale news, Director Kenneth Denman sold 885 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the transaction, the director directly owned 4,779 shares in the company, valued at approximately $4,575,653.55. This trade represents a 15.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.10% of the stock is owned by company insiders.

Institutional Trading of Costco Wholesale

Several institutional investors have recently added to or reduced their stakes in COST. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Costco Wholesale in the 4th quarter valued at about $27,000. Lifetime Wealth Management P.C. acquired a new position in Costco Wholesale during the fourth quarter valued at $28,000. C M Bidwell & Associates Ltd. acquired a new stake in Costco Wholesale in the second quarter valued at approximately $28,000. Burk Holdings LLC bought a new stake in Costco Wholesale during the second quarter worth approximately $30,000. Finally, Manning & Napier Advisors LLC bought a new position in Costco Wholesale in the 2nd quarter worth approximately $30,000. 68.48% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting 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

Costco Wholesale Company Profile

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.