Costco Wholesale Stock - Goldman Sachs lifts price target after solid results
17.06.2026 - 16:39:58 | ad-hoc-news.deEdited by ad hoc news Operations & Strategy Desk. Verified prior to publication on 06/17/2026, 16:37 CET. Details in the imprint.
Costco Wholesale (US22160K1051) remains well regarded on Wall Street after its latest quarterly update. Goldman Sachs recently raised its price target on the warehouse-club retailer following May-quarter results, according to a MarketBeat summary of analyst research.
All news and analysis on Costco Wholesale stock
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What Goldman Sachs changed
Goldman Sachs lifted its Costco price target from $1,088 to $1,159 and kept a Buy rating in a recent research note summarized by MarketBeat, citing strong membership trends and resilient sales in core categories.
Across the broader analyst community, Costco carries an average rating of "Moderate Buy" with an average price target of about $1,060, based on MarketBeat data that consolidate 34 analysts.
Midweek view on operations
Operationally, Costco continues to benefit from steady traffic and high renewal rates at its warehouse clubs, according to recent management commentary in its quarterly materials on the Investor Relations site.
The retailer has also highlighted ongoing investments in e-commerce and logistics, aiming to support higher online penetration while maintaining its low-cost warehouse model.
The product behind the stock
Costco makes most of its money by selling bulk groceries, household goods and general merchandise through membership-only warehouse clubs, with a key contribution from its private-label Kirkland Signature range.
Where the stock trades today
Costco Wholesale shares trade on the Nasdaq at $950.00 as of 06/17/2026, 16:30 CET.
Key facts on Costco Wholesale stock
- Company: Costco Wholesale Corporation
- ISIN: US22160K1051
- WKN: 888351
- Ticker: COST
- Venue: Nasdaq
- Price (as of 06/17/2026, 16:30 CET): 950.00 USD
- Market cap: 420,000,000,000 USD (as of 06/17/2026)
- Sector / Industry: Consumer Staples / Food & Staples Retailing
- Index membership: S&P 500
- Next earnings date: 10/03/2026
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
