In this article we have forecast Costco stock for next week, July 2024 and 2024 to 2035. According to Costco stock forecast, it is a good time to buy its stock. Along with this, we will also discuss the technical indicators, fundamentals and market sentiment of Costco stock.
Costco Stock Price History
Costco’s stock had seen modest growth in the 30 years since its listing, but since 2015, there has been consistent growth in its stock year after year. Its stock has grown by 200.62% in the last 5 years. In the financial year 2024, it touched the value of $732.63 with a growth of 47.44%.
Costco Wholesale Corp. Fundamentals
| Company Name | Costco Wholesale Corp. |
| Sector | Retail Trade |
| Established | 15 September 1983 |
| Website | Costco.com |
| Mkt Cap | $377.18B |
| ROE | 31.64% |
| Enterprise Value | $374.07B |
| 50 Day SMA | $825 |
| 200 Day SMA | $701 |
| Sentiment | Neutral |
| 52 Week High | $896.67 |
| 52 Week Low | $530.56 |
| P/E Ratio (TTM) | 52.65 |
| P/B Ratio | 18.12 |
| Total Cash (Recent Filing) | $11.50B |
| EPS (TTM) | 16.16 |
| Price to Cash Flow | 128.60 |
| Dividend Yield | 0.55% |
According to Next Week’s forecast, Costco’s stock will reach $861 this week with a growth of 1.5%. Wall Street technical indicators are revealing neutral sentiment. Costco stock has shown positive growth for 18 days and negative growth for 12 days in the last 30 days, with this there has been a negative growth of 1.17% in its stock. Based on Costco stock forecast, this is a good opportunity to buy this stock.
Costco Stock Forecast Next Week
| Date | Target Price | Min. Price | Max. Price |
|---|---|---|---|
| 22/07/24 | $871 | $849 | $889 |
| 23/07/24 | $876 | $852 | $892 |
| 24/07/24 | $878 | $851 | $893 |
| 25/07/24 | $875 | $850 | $891 |
| 26/07/24 | $873 | $848 | $892 |
Costco Stock Forecast July 2024 (Graph)
According to Costco stock forecast for July 2024, its stock will reach Rs 239 per stock by July 31, 2024. The average performance of Cost for the month of July from 2021 to 2023 has been 7.76%.
Costco Stock Forecast July 2024
| Date | Target Price | Min. Price | Max. Price |
|---|---|---|---|
| 1/07/24 | $848 | $829 | $869 |
| 2/07/24 | $857 | $832 | $878 |
| 3/07/24 | $864 | $838 | $882 |
| 4/07/24 | $872 | $842 | $890 |
| 5/07/24 | $882 | $847 | $898 |
| 8/07/24 | $881 | $852 | $897 |
| 9/07/24 | $886 | $856 | $900 |
| 10/07/24 | $877 | $849 | $895 |
| 11/07/24 | $850 | $841 | $878 |
| 12/07/24 | $851 | $840 | $875 |
| 15/07/24 | $853 | $842 | $876 |
| 16/07/24 | $852 | $840 | $873 |
| 17/07/24 | $860 | $842 | $879 |
| 18/07/24 | $857 | $840 | $877 |
| 19/07/24 | $866 | $842 | $882 |
| 22/07/24 | $871 | $849 | $889 |
| 23/07/24 | $876 | $852 | $892 |
| 24/07/24 | $878 | $851 | $893 |
| 25/07/24 | $875 | $850 | $891 |
| 26/07/24 | $873 | $848 | $892 |
| 29/07/24 | $879 | $852 | $898 |
| 30/07/24 | $886 | $858 | $903 |
| 31/07/24 | $883 | $856 | $900 |
July Growth in Past Year
| Year | Change |
|---|---|
| July 2024 | 4.41% (Target) |
| July 2023 | 4.14% |
| July 2022 | 11.43% |
| July 2021 | 7.71% |
Costco Stock Forecast August 2024
| Date | Target Price | Min. Price | Max. Price |
|---|---|---|---|
| 1/08/24 | $886 | $866 | $905 |
| 2/08/24 | $890 | $871 | $910 |
| 5/08/24 | $876 | $861 | $901 |
| 6/08/24 | $881 | $867 | $905 |
| 7/08/24 | $889 | $870 | $911 |
| 8/08/24 | $893 | $871 | $913 |
| 9/08/24 | $887 | $863 | $909 |
| 12/08/24 | $881 | $859 | $906 |
| 13/08/24 | $887 | $863 | $913 |
| 14/08/24 | $894 | $872 | $918 |
| 15/08/24 | $901 | $876 | $926 |
| 16/08/24 | $898 | $873 | $921 |
| 17/08/24 | $904 | $878 | $928 |
| 18/08/24 | $911 | $882 | $936 |
| 19/08/24 | $906 | $879 | $932 |
| 22/08/24 | $901 | $876 | $926 |
| 23/08/24 | $909 | $877 | $933 |
| 24/08/24 | $916 | $881 | $941 |
| 25/08/24 | $918 | $883 | $942 |
| 26/08/24 | $912 | $879 | $936 |
| 29/08/24 | $908 | $872 | $932 |
| 30/08/24 | $911 | $873 | $935 |
| 31/08/24 | $915 | $875 | $939 |
August Growth in Past Year
| Year | Change |
|---|---|
| August 2024 | 3.27% (Target) |
| August 2023 | -3.26% |
| August 2022 | -1.75% |
| August 2021 | 4.79% |
Sentiment
According to current data, Costco stock forecast sentiment is neutral. Out of 26 technical analyst indicators, 18 indicators are giving bullish signals and 8 indicators are giving bearish signals.
Analyst Rating
According to Tipranks, Costco has a 50 buy rating, 13 hold rating, and 0 sell rating for the month.
The ratings given to Costco stock by 25 Wall Street analysts for the last 3 months-
| Action | Rating |
|---|---|
| Buy | 76% |
| Hold | 24% |
| Sell | 0% |
Resistance Levels
| First Resistance | $862.60 |
| Second Resistance | $867.30 |
| Third Resistance | $885.65 |
Support Levels
| First Support | $848.80 |
| Second Support | $846.90 |
| Third Support | $809.50 |
| RSI | 81.73 |
| ADX | 47.94 |
| STOCH | 94.16 |
| MACD | 97.57 |
| ATR | 62.04 |
| ROC | 77.47 |
| CCI | 162.70 |
Costco Stock Forecast 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, and 2035
Costco stock is forecast till 2035 based on the average growth of last 10 years, growth pattern of last 3 years. By 2035 Costco stock will reach $4152.86, a growth of 391.75%.
Costco Stock Forecast 2024
| Months | Forecast |
|---|---|
| September 2024 | $870-$930 |
| October 2024 | $890-$950 |
| November 2024 | $920-$980 |
| December 2024 | $955-$1025 |
Costco Stock Forecast 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, and 2035
| Year | Forecast |
|---|---|
| 2025 | $ 1,108.97 |
| 2026 | $ 1,196.58 |
| 2027 | $ 1,419.07 |
| 2028 | $ 1,682.94 |
| 2029 | $ 1,995.87 |
| 2030 | $ 2,337.00 |
| 2031 | $2,712.25 |
| 2032 | $3,023.36 |
| 2033 | $3,363.98 |
| 2034 | $3,742.87 |
| 2035 | $4,152.86 |
Costco EPS Forecast
| Period | Forecast | Reported |
|---|---|---|
| Q1 2023 | $3.11 | $3.07 |
| Q2 2023 | $3.22 | $3.30 |
| Q3 2023 | $3.86 | — |
| Q4 2023 | $4.78 | $4.86 |
| Q1 2024 | $3.42 | $3.58 |
| Q2 2024 | $3.64 | $3.71 |
| Q3 2024 | $3.71 | $3.78 |
| Q4 2024 | $5.03 | — |
| Q1 2025 | $3.86 | — |
| Q2 2025 | $4.10 | — |
| Q3 2025 | $4.18 | — |
Costco Revenue Forecast
| Period | Forecast | Reported |
|---|---|---|
| Q1 2023 | $58.34B | $54.44B |
| Q2 2023 | $55.56B | $55.27B |
| Q3 2023 | $59.23B | — |
| Q4 2023 | $77.76B | $78.94B |
| Q1 2024 | $57.77B | $57.80B |
| Q2 2024 | $59.15B | $58.44B |
| Q3 2024 | $58.03B | $58.52B |
| Q4 2024 | $80.09B | — |
| Q1 2025 | $62.15B | — |
| Q2 2025 | $62.86B | — |
| Q3 2025 | $62.64B | — |
Costco Dividend Forecast and Summary
| Next Dividend Date | Jul 26, 2024 |
| Dividend Forecast | $ 1.16 |
| Ex-Dividend Date | Apr 25, 2024 |
| Dividend Yield | 0.16% |
| Annual Dividend | $ 3.96 |
| Payout Ratio | 30.69% |
| Dividend Frequency | Quarterly |
Simple Moving Average (SMA)
| Period | Value |
|---|---|
| 3 Day | $846 |
| 5 Day | $861 |
| 10 Day | $864 |
| 21 Day | $860 |
| 50 Day | $825 |
| 100 Day | $777 |
| 200 Day | $701 |
Exponential Moving Average (EMA)
| Period | Value |
|---|---|
| 3 Day | $848 |
| 5 Day | $851 |
| 10 Day | $859 |
| 21 Day | $856 |
| 50 Day | $828 |
| 100 Day | $785 |
| 200 Day | $721 |
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Strength
- Its stock had grown by 44% in the last financial year.
- Its performance was positive for 18 days in the last 30 days.
- The company has announced the long-awaited increase in subscription fees.
- Global and US traffic has increased.
Risk
- Costco stock sentiment is neutral.
- The company’s stock is overvalued.
Costco Stock Forecast: Expert Opinion
Costco Shareholding Pattern
| Public Companies and Individual Investors | 59.45% |
| Other Institutional Investors | 22.37% |
| Insiders | 0.82% |
| Mutual funds | 17.37% |
| Total | 100.00 |
Disclaimer – Please note that all the information given here is for general information purpose only and not for investment purposes. Therefore, before investing in any share, take advice from a certified market expert. If you invest, you will be responsible for your profits and losses.
Q1. What is the 5 year forecast for Costco?
Ans: In the next 5 years, Costco stock will grow by 136.33% to $1995.87.
Q2. What will Costco stock be in 2030?
Ans: According to our Costco stock prediction, its stock will reach $2337 by 2030.
Q3. Is Costco stock overvalued?
Ans: Yes, Costco stock is overvalued.
Q4. Will Costco stock reach $1000?
Ans: Yes, Costco stock will hit $1000 by the end of this year.
Q5. What is Costco Price pridiction 2025?
Ans: Costco’s forecast for 2025 is $1108.97.
Q6. What is Costco Price pridiction 2035?
Ans: Costco’s forecast for 2025 is $4152.86.
Q7. What is Costco Price pridiction 2030?
Ans: Costco’s forecast for 2025 is $2337.