Costco Wholesale stock: Analysts lift targets ahead of results

Published on 11/13/2026 at 15:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Costco Wholesale stock heads toward a December earnings date after analysts raised their targets. The record special dividend is due to eligible shareholders on December 4.

What investors should watch next

Costco's special dividend is scheduled for December 4, with November 24 as the record date.
Mizuho and Bernstein raised their price targets while keeping positive ratings.
The December 10 earnings release will test whether operations support the premium valuation.

Costco Wholesale Corp., US22160K1051, Illustration mit AI erstellt.

Costco Wholesale's board decision on capital returns is now being weighed alongside fresh analyst targets and the retailer's next earnings date. A Yahoo Finance article published Thursday, November 12, said Mizuho analyst David Bellinger raised his target to USD 1,100 from USD 1,065 on November 11 and retained an Outperform rating. Bernstein analyst Zhihan Ma also lifted her target to USD 1,155 from USD 1,143 and kept an Outperform rating.

Analysts focus on December results

The article puts Costco's next earnings release on December 10, six days after the scheduled special-dividend payment. Analysts cited in the article expect November-quarter earnings per share of USD 4.87, compared with USD 4.34 a year earlier, while fiscal 2027 expectations call for USD 22.70 per share against USD 20.45.

That calendar gives investors two separate dates to track. Shareholders of record at the close of business on November 24 are scheduled to receive the USD 30 special dividend on December 4. The board also authorized up to USD 4 billion in share repurchases through November 2030, replacing the previous program.

Capital return meets premium pricing

The Yahoo Finance article said the special payout does not alter Costco's underlying earnings power. It also highlighted the tension between the cash return and the stock's premium valuation, making the December results an important test of membership income, warehouse expansion and digitally enabled sales.

Costco Wholesale stock traded at 992.25 euros on Lang & Schwarz at 15:32 CET on Friday, November 13, 2026.