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Costco stock seen rising 10% with strong membership and sales growth driving buy recommendation.

Analyst Insights
24 Jun 2026
24/7 Wall Street
View Source
Bullish
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Costco's stock currently trades at $951.35 after a recent pullback, but analysts remain optimistic with a 24/7 Wall St. price target of $1,046.54, implying a 10% upside over the next year. The company reported strong Q3 FY26 results, beating earnings and revenue expectations, with membership renewals near 90% and plans to open 12 new warehouses. While valuation is high with a trailing P/E of 48, Costco's robust membership base and operational strength support growth projections. Risks include tariff exposure and rising costs, but the overall outlook remains positive with potential for further gains if sales and renewals hold steady.

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