Deutsche Bank cuts target for Costco Wholesale stock to USD 1,079.00
Published on 10/05/2026 at 09:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Costco Wholesale (ISIN US22160K1051) was trading at EUR 817.85 at Lang & Schwarz on October 5, 2026 at 9:35 a.m. CEST, up 0.21 percent versus the prior close of EUR 816.10. According to MarketBeat on September 28, 2026, Deutsche Bank cut its Costco target from USD 1,091.00 to USD 1,079.00 while keeping a Buy rating.
Fourth-quarter sales accelerated
Costco Investor Relations reported on September 24, 2026 that net sales rose 11.20 percent to USD 93.87 billion in the 16-week fourth quarter ended August 30, 2026, from USD 84.43 billion a year earlier. Total revenue reached USD 95.72 billion, while diluted earnings per share came to USD 6.75, compared with USD 5.87 in the prior-year quarter.
The same release showed fourth-quarter comparable sales increasing 9.40 percent and digitally enabled comparable sales rising 19.50 percent. Net income climbed from USD 2.610 billion to USD 2.998 billion, although the quarter included a USD 0.15 per-share benefit from IEEPA tariff refunds.
Membership remains the valuation test
Costco ended fiscal year 2026 with net sales of USD 297.25 billion, up from USD 269.91 billion in fiscal year 2025, while diluted earnings per share increased to USD 20.76 from USD 18.21. The annual result gives investors a broader base for judging the valuation than the one-quarter earnings benefit.
As Yahoo Finance reported on September 28, 2026, at least eight research firms lowered their targets after the results, with membership growth emerging as the central concern. The same report said comparable sales rose 9.40 percent and digitally enabled sales increased 19.50 percent, showing that the debate centers on future membership economics rather than the reported quarter.
Costco stock holds above its yearly low
Costco's primary listing is Nasdaq, where the stock was last quoted at USD 920.65 on October 2, 2026 at 4:00 p.m. ET. Its 52-week range was USD 844.06 to USD 1,096.50, and its market capitalization was USD 408.3 billion as of October 2, 2026.
For investors, the contrast is clear: fiscal-year net sales grew by USD 27.34 billion, while recent target cuts show that analysts are testing how much of Costco's membership-led growth is already reflected in the valuation.
Stock trades at EUR 817.85
Costco Wholesale stock was trading at EUR 817.85 at Lang & Schwarz on October 5, 2026 at 9:35 a.m. CEST, up 0.21 percent versus the Lang & Schwarz prior close of EUR 816.10 on October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Costco Wholesale stock.
Costco Wholesale market snapshot
- Company: Costco Wholesale Corporation
- ISIN: US22160K1051
- Ticker: COST
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 5, 2026, 9:35 a.m. CEST): EUR 817.85
- Change versus prior close: plus 0.21 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 816.10
- Market capitalization: USD 408.3 billion (as of October 2, 2026)
- Sector / Industry: Consumer Defensive / Discount Stores
