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0.000641853321100502 0.000285657427840541 7.8947024211009E-05 1.70506886609336E-05 0.00488116837858701 0.0073453432467128 0.0048110970553227 0.0048110970553227
Stock impact report

Costco (COST) Target Lowered at Truist on Valuation Concerns [Yahoo! Finance]

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On December 12, Truist analyst Scot Ciccarelli cut Costco Wholesale Corporation (NASDAQ:COST) price target to $926 from $1,033 and kept a Hold rating. He noted the company had another solid quarter, with US comps up 5.9% and enterprise comps up 6.4%. Membership growth is still healthy at 5.2%, but it's slowing a bit because more sign-ups are digital, where renewals take longer. This could put some pressure on the stock's multiple. In fiscal Q1 2026, CEO Ron Vachris said Costco opened 8 new warehouses, bringing the global total to 921. The company now plans 28 net openings for the year, down slightly from earlier targets due to delays in Spain. However, Vachris reaffirmed the goal of “30-plus net openings per year” in the future, mainly because the real estate team has grown, and strategies like converting existing buildings aim to cut costs and enhance growth. Vachris also shared that warehouses opened in fiscal 2025 generated $192 million in annualized sales in their first year, Show less Read more
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