
Costco's stock, currently near $982, faces a target of $1,100 by June 2027, requiring a 12% price gain and multiple expansion. The company’s strong membership model, accelerating comparable sales, and growing digital business support this outlook. Key factors include maintaining sales growth above 6%, membership renewal rates near 89.7%, and digital sales growth over 20%. Risks include a consumer slowdown that could reduce growth and valuation multiples.