CICC rates Costco Outperform after 10.8% stock gain in a month, citing strong customer value.

CICC has initiated an Outperform rating on Costco Wholesale, expecting the stock to outperform the broader market. Costco's shares rose 10.8% over the past month, significantly beating the S&P 500 and discount-store sector gains. The rating highlights Costco's strong customer appeal and value proposition, backed by a market cap of about $440.7 billion. This positive outlook suggests continued investor confidence in Costco's business model and growth potential.

Costco's current price of USD 989.71 on Pluang is close to its 52-week high of USD 1.09K, showing limited downside from recent peaks as of Oct 21, 2026 21:24 WIB. Despite a slight 0.49% dip in one day, its market cap remains strong at $440.74 billion. Notably, the Pluang platform shows a high sell order activity of 95%, contrasting with the positive momentum noted in the article for the past month.