Costco Wholesale stock gains after Freedom Broker upgrade
Published on 09/09/2026 at 14:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Costco Wholesale stock (ISIN US22160K1051) gained a fresh analyst tailwind on September 8, 2026, after Freedom Broker raised its rating to buy and set a price target of USD 1,030.00. The shares closed at USD 910.18 on September 8, 2026, while MarketBeat shows a consensus target of USD 1,056.03.
Upgrade meets rich valuation
According to Investing.com on September 8, 2026, Freedom Broker moved Costco Wholesale from hold to buy and kept the new target at USD 1,030.00 after the retailer's August sales and fourth-quarter fiscal 2026 sales release on September 2, 2026. The same report said Costco traded at a P/E ratio of 46.16, a level that keeps valuation at the center of the debate.
The target sits below the broader consensus, but it still leaves the stock trading on a premium multiple. MarketBeat puts the current consensus rating at Moderate Buy and the average target at USD 1,056.03 as of September 9, 2026.
Sales and earnings date
As ad hoc news reported on September 8, 2026, the upgrade was tied to Costco's August and fourth-quarter fiscal 2026 sales disclosure from September 2, 2026. The same report said Zacks flagged fourth-quarter sales growth of 11.3 percent year over year, and that full fiscal fourth-quarter 2026 earnings are due on September 24, 2026.
That combination matters for investors because the upgrade rests on sales momentum, not on full-quarter profit figures. The article also said the new target comes after a strong sales print, while the next earnings release will show whether revenue growth is translating into margin support.
Stock near yearly range
Costco Wholesale stock closed at USD 910.18 on September 8, 2026, down 0.61 percent on the day, with volume of 2.24 million shares and market capitalization of USD 403.65 billion, according to MarketBeat data. The same data set shows a 52-week range of USD 844.06 to USD 1,096.50.
Costco Wholesale stock data
- Company: Costco Wholesale Corporation
- ISIN: US22160K1051
- Ticker: COST
- Trading venue: Nasdaq
- Price (as of September 8, 2026, 04:00 PM): USD 910.18
- Market capitalization: USD 403.65 billion (as of September 8, 2026)
- Sector / Industry: Consumer Staples / Consumer Staples Distribution and Retail
- Index membership: Nasdaq-100, S&P 500
- Next earnings date: September 24, 2026
