What is the 5 year forecast for Costco stock? (2024)

What is the 5 year forecast for Costco stock?

According to the latest long-term forecast, Costco price will hit $800 by the end of 2024 and then $900 by the middle of 2025. Costco will rise to $1000 within the year of 2026, $1100 in 2027, $1300 in 2028, $1500 in 2029, $1600 in 2030, $1700 in 2032, $1800 in 2033 and $2000 in 2035.

How much will Costco stock be worth in 2025?

How high will Costco stock go?

Costco Stock Forecast

The 26 analysts with 12-month price forecasts for Costco stock have an average target of 716.96, with a low estimate of 585 and a high estimate of 870. The average target predicts an increase of 1.05% from the current stock price of 709.51.

What is the future value of Costco?

What is the highest Costco stock has ever been?

Historical daily share price chart and data for Costco since 1986 adjusted for splits and dividends. The latest closing stock price for Costco as of April 19, 2024 is 709.51. The all-time high Costco stock closing price was 785.59 on March 07, 2024.

Should you buy sell or hold Costco stock?

Is COST a Buy, Sell or Hold? Costco has a conensus rating of Strong Buy which is based on 19 buy ratings, 6 hold ratings and 0 sell ratings. The average price target for Costco is $783.04. This is based on 25 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Is Costco over or undervalued?

Key Points. Stock valuations can be subjective, but shares of Costco appear to be objectively overvalued. The retail giant has a great business model that has delighted both customers and shareholders. But BJ's Wholesale Club offers investors the same model -- and at a more reasonable valuation.

How much will Costco stock be in 10 years?

According to the latest long-term forecast, Costco price will hit $800 by the end of 2024 and then $900 by the middle of 2025. Costco will rise to $1000 within the year of 2026, $1100 in 2027, $1300 in 2028, $1500 in 2029, $1600 in 2030, $1700 in 2031, $1800 in 2033 and $2000 in 2035.

Who has the most shares in Costco?

The top individual insider shareholders of Costco are Craig Jelinek, Charles Munger, and Patrick Callans, and the top institutional shareholders are Vanguard Group Inc., BlackRock Inc., and State Street Corp.

How much debt does Costco stock have?

Costco long term debt for 2021 was $6.692B, a 10.94% decline from 2020.

What is Costco's next dividend?

What is the religion of the owner of Costco?

Jim Sinegal, co-founder (with Seattle retailer Jeff Brotman) and chief executive officer of Costco, the warehouse retail company based in Issaquah, Washington, was born to a Catholic family in 1936 in Pittsburgh, Pennsylvania.

How much was Costco stock in 1998?

The closing price for Costco Wholesale (COST) in 1998 was $24.35, on December 31, 1998. It was up 61.8% for the year. The latest price is $717.85.

Who makes the most money at Costco?

Some of the highest wages a worker can make at Costco are in the job titles Registered Pharmacist ($136,000), and title Full Stack Software Engineer ($133,750) which are the highest paying jobs at Costco.

How much was Costco stock in 1991?

How much was Costco stock in 1995?

The closing price for Costco Wholesale (COST) in 1995 was $5.14, on December 29, 1995. It was up 18.4% for the year. The latest price is $719.84.

Will Costco stock reach $1 000?

The shares are expensive today after their strong performance in recent years. Consequently, I just don't think a $1,000 price target is likely this year. Since we're looking at a time frame of roughly 11 months, what matters most to the stock is how market sentiment changes.

Is Costco a long-term buy?

Costco could be a good long-term buy -- but at its current multiple, investors are paying for a lot of future earnings growth. If you want to hang on to it for decades, then it could still be a good investment for you.

Is Costco a good long-term stock?

Earnings and sales are forecasted to increase 7.3% and 4.1% year-over-year, respectively. Six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.07 to $15.76 per share for 2024. COST boasts an average earnings surprise of 2.6%.

Should I invest in Costco or Walmart?

While Costco appears to have the best growth prospects, that isn't enough to make it the best investment. Walmart trades at a lower valuation, and its higher dividend yield means you will receive more in dividend payments than you would on the same amount of money invested in Costco.

Why is Costco a good long term investment?

It's a sales and profit-generating machine that works beautifully. But the secret to long-term growth is Costco's expansion opportunities. It only operates 874 stores worldwide, including 602 in the U.S., a much lower count than the traditional or discount supermarket chain. It's aiming to open about 30 a year.

Is Costco stock splitting?

Costco: Playing by its own rules

It split its stock four times from 1990 through 2000 but hasn't since -- and that's despite gaining more than 1,300% since then.

Is Costco stock a buy in 2024?

Costco Wholesale (NASDAQ: COST) stock has been reaching new highs in 2024, but it could have more room to run. The warehouse club retailing giant received another analyst upgrade late Monday, which helped push the stock higher in early Tuesday trading.

Why did Costco stock drop so much?

Costco Wholesale topped earnings expectations, but the stock fell following the company's rare revenue miss. The company's fiscal second-quarter revenue of $58.4 billion missed analyst projections for $59.1 billion.

When was Costco last dividend?

Costco Wholesale Corporation's latest ex-dividend date was on April 25, 2024 . The COST stock shareholders received the last dividend payment of $1.16 per share on May 10, 2024 .