Costco Wholesale stock extends losing streak despite strong sales

Published on 09/12/2026 at 14:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Costco Wholesale stock closed at USD 904.77 on Nasdaq on September 11, 2026, extending an unusual multi-session losing streak while staying in the lower half of its 52-week range. Recent figures show August net sales up 9.9 percent year over year and fourth-quarter net sales rising 11.3 percent.

Fotorealistisches Warenhaus-Interior mit hohen Regalen und Einkaufswagen — Fotorealistisches Großhandelslager veranschaulicht Costco Wholesale Corp. US22160K1051 mit hohen Regalen und Einkaufswagen anschaulich, Illustration mit AI erstellt.

Costco Wholesale Corporation stock (ISIN US22160K1051) closed at USD 904.77 on Nasdaq on September 11, 2026, a level that leaves the shares in the lower half of their 52-week trading range and extends a rare multi-session losing streak for the membership warehouse giant. As of September 11, 2026 at 4:00 p.m. Eastern Time, the stock was up 0.26 percent on the day but still down 4.44 percent over the past month, highlighting a disconnect between price action and the company’s operating momentum.

Sales growth stays robust

Despite the pressure on Costco Wholesale stock, the company’s reported sales trends remain strong. According to Investing.com on September 11, 2026, Costco’s August net sales for the four weeks ended August 30, 2026 reached USD 23.7 billion, up 9.9 percent year over year from roughly USD 21.6 billion in the comparable period. The same update noted that comparable sales rose 8.4 percent, while digitally enabled sales climbed 17.9 percent in August, underscoring the strength of both in-store and online demand.

For the broader reporting period, Costco’s recently completed fiscal fourth quarter and full year underline that the company is still growing at a double-digit pace. As Rolling Out reported on September 11, 2026, net sales for the 16-week fiscal fourth quarter reached USD 93.9 billion, an increase of 11.3 percent from USD 84.4 billion a year earlier. For the full fiscal year, net sales rose to USD 297.3 billion, up 10.2 percent from USD 269.9 billion in the prior year, while digital sales advanced 19.8 percent in the fourth quarter and 20.7 percent for the full year. These figures show that recent revenue gains are significantly above typical single-digit retail growth and that Costco is increasing its scale by more than USD 27 billion in annual net sales compared with the previous fiscal year.

Analyst targets highlight valuation tension

The main counterweight to Costco’s strong fundamentals appears to be valuation and expectations rather than any visible deterioration in the business. According to Investing.com on September 11, 2026, recent coverage cited a price-to-earnings multiple near 56 times as a key pressure point for the stock, a premium that leaves limited room for slower comparable sales growth. In the same context, DA Davidson maintained a Neutral rating with a USD 1,000 price target, signaling that while the firm sees upside from the September share price, it is not ready to move to a more aggressive stance at this valuation level.

Consensus data paint a more positive picture. As MarketBeat summarized on September 12, 2026, twenty-two analysts currently rate Costco Wholesale stock Buy, twelve rate it Hold and one rates it Sell, resulting in a consensus rating of Moderate Buy. The same overview put the consensus price target at USD 1,056.03, which stands more than USD 150 above the September 11 closing price of USD 904.77 and implies a high-single-digit to low-double-digit percent upside if the stock were to move in line with the average target. That spread between the current price and the consensus target quantifies the valuation tension: the market is repricing expectations downward in the short term even as analysts still model further gains.

Technical picture and trading levels

From a technical standpoint, Costco Wholesale stock is trading closer to the lower end of its recent range. According to Investing.com, the shares closed at USD 902.38 on September 10, 2026, down 4.44 percent over one month and sitting in the lower half of a 52-week range between USD 844.06 and USD 1,096.50. Daily technical indicators in that coverage showed a Strong Sell signal with a relative strength index around the mid-30s, pointing to a weak but not yet capitulation-level momentum phase.

Price data from a Nasdaq-focused portal add detail on the trading context around the latest close. Per Yahoo Finance as of September 11, 2026, Costco Wholesale stock finished the regular session at USD 904.77 on Nasdaq, with a modest after-hours adjustment to USD 904.98. The same snapshot showed a market capitalization of roughly USD 401.3 billion, underlining the company’s role as one of the largest consumer-discretionary names in the United States. During the September 11 session, separate price data indicated that the intraday high reached about USD 907.36 and the low about USD 900.75, a fairly narrow range that reflects active but not extreme volatility.

Earnings calendar adds another catalyst

The next formal checkpoint for Costco’s fundamentals is already scheduled and may provide a fresh catalyst for Costco Wholesale stock. According to Yahoo Finance, Costco’s upcoming earnings date is set for September 24, 2026 at 8:00 p.m. Coordinated Universal Time, which corresponds to an after-market report in the United States. With fiscal 2026 already showing net sales growth of 10.2 percent and fourth-quarter net sales up 11.3 percent year over year, investors are likely to watch closely for margins, membership trends and guidance for the new fiscal year when those results are formally presented.

In addition to earnings, Costco’s shareholder returns remain part of the story. The same overview from Yahoo Finance lists a recent dividend date of August 7, 2026 and an ex-dividend date of July 24, 2026, indicating that the company continues to distribute regular cash dividends alongside its growth investments. For long-term shareholders, the combination of dividend income and double-digit net sales growth is a key part of the investment case, even if short-term valuation concerns are currently dominating the price trend.

Stock trades below consensus targets

From the perspective of September 12, 2026, Costco Wholesale stock is trading meaningfully below the average analyst price targets, while fundamentals and upcoming events suggest that new information is imminent. On Nasdaq, the shares closed at USD 904.77 on September 11, 2026, compared with a consensus target of USD 1,056.03 compiled by MarketBeat, a gap of more than 16 percent. Investors therefore face a familiar trade-off: a premium valuation that has recently been pressured, set against strong revenue growth, rising digital sales and a near-term earnings date that could either reinforce or challenge the current consensus narrative.