Mizuho Cuts Costco Wholesale (NASDAQ:COST) Price Target to $1,065.00

Costco Wholesale (NASDAQ:COST) had its price objective cut by Mizuho from $1,100.00 to $1,065.00 in a research note published on Friday morning,Benzinga reports. They currently have an outperform rating on the retailer’s stock.

A number of other equities analysts also recently commented on COST. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $1,091.00 target price on shares of Costco Wholesale in a research note on Friday, September 4th. Citigroup initiated coverage on shares of Costco Wholesale in a research note on Thursday, June 18th. They issued a “neutral” rating and a $1,020.00 price target for the company. UBS Group restated a “buy” rating on shares of Costco Wholesale in a research note on Thursday, September 17th. Sanford C. Bernstein decreased their price target on shares of Costco Wholesale from $1,144.00 to $1,143.00 and set an “outperform” rating for the company in a report on Friday. Finally, DA Davidson reiterated a “neutral” rating and issued a $1,000.00 target price on shares of Costco Wholesale in a research note on Thursday, September 3rd. Twenty-two analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Costco Wholesale presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,045.67.

Costco Wholesale Price Performance

COST opened at $922.77 on Friday. Costco Wholesale has a 12 month low of $844.06 and a 12 month high of $1,096.50. The business has a 50-day moving average of $933.96 and a two-hundred day moving average of $967.60. The stock has a market capitalization of $409.23 billion, a price-to-earnings ratio of 44.45, a price-to-earnings-growth ratio of 3.86 and a beta of 0.86. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.06 and a quick ratio of 0.62.

Costco Wholesale (NASDAQ:COST) last issued its quarterly earnings results on Thursday, September 24th. The retailer reported $6.75 EPS for the quarter, topping the consensus estimate of $6.54 by $0.21. The firm had revenue of $95.72 billion during the quarter, compared to analyst estimates of $94.97 billion. Costco Wholesale had a net margin of 3.04% and a return on equity of 27.60%. On average, research analysts expect that Costco Wholesale will post 22.57 earnings per share for the current year.

Costco Wholesale Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 24th were issued a $1.47 dividend. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Friday, July 24th. Costco Wholesale’s payout ratio is presently 28.32%.

Institutional Investors Weigh In On Costco Wholesale

Hedge funds have recently modified their holdings of the stock. C M Bidwell & Associates Ltd. acquired a new stake in shares of 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 in the 4th quarter valued at approximately $27,000. Burk Holdings LLC acquired a new position in shares of Costco Wholesale during the 2nd quarter worth $30,000. Manning & Napier Advisors LLC acquired a new position in Costco Wholesale during the second quarter worth $30,000. Finally, Lifetime Wealth Management P.C. acquired a new position in shares of Costco Wholesale during the 4th quarter valued at about $28,000. 68.48% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Costco Wholesale

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

• Positive Sentiment: Quarterly beat and resilient demand: Costco reported $6.75 in adjusted EPS versus a $6.54 consensus estimate and revenue of $95.72 billion versus expectations of $94.97 billion. Net income rose 14.9% year over year, while comparable sales increased 9.4%, reflecting continued demand for essential goods amid economic uncertainty. Costco fourth-quarter earnings
• Positive Sentiment: Digital and membership engagement remain healthy: Digitally enabled comparable sales surged 19.5%, supported by broad-based gains across categories. Costco also highlighted younger members, strong renewal rates and plans to accelerate digital investment. Costco Q4 earnings call highlights
• Positive Sentiment: Expansion supports the long-term growth story: Management plans to open 33 new warehouses in fiscal 2027, while pharmacy, gasoline and international operations contributed to the latest results. Analysts including Goldman Sachs, UBS and Bernstein remain constructive, despite adjusting some price targets. Costco expansion plans
• Neutral Sentiment: Tariff refunds boosted earnings: A $184 million tariff refund contributed approximately $0.15 per share to fourth-quarter EPS. Costco said most of the money will be reinvested in lower prices for produce, meat, beverages and other merchandise, which may support customer loyalty but makes the earnings beat less reflective of recurring profitability. Costco tariff refunds
• Negative Sentiment: Membership growth is the key concern: Analysts noted that membership-fee growth has slowed significantly. Because recurring membership income is central to Costco’s valuation and future guidance, investors may require continued gains in members and renewal rates to justify the stock’s elevated earnings multiple.
• Negative Sentiment: Valuation and cost pressures temper enthusiasm: With a price-to-earnings ratio above 46, some analysts argue that much of Costco’s execution is already priced in. Rising memory-component costs also led to a $152 million electronics-related charge, while several firms lowered price targets following the report. Costco valuation analysis

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.