Costco Stock Price Prediction: A Path to $1,000 and Double-Digit Upside

Costco Stock Price Prediction: A Path to $1,000 and Double-Digit Upside Vandita Jadeja Wed, June 24, 2026 at 6:42 PM GMT+2 4 min read COST Quick Read Costco (COST) earns a BUY rating with a $1,047 price target, implying 10% upside over 12 months at 90% confidence. With 82 million paid members, 92% U. S.

renewal rates, and 37% e-commerce growth, Costco's membership flywheel supports a bull case of $1,141. A trailing P/E of 48 and PEG of 4. 644 are the primary risks, with the bear scenario placing the stock essentially flat near $960.

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After a sharp pullback from the May highs, the stock sits at $951. 35, and our proprietary model still points higher. opengridscheduler / Flickr The 24/7 Wall St.

price target for Costco is $1,046. 54, implying 10. 01% upside over the next 12 months.

Our recommended action is buy, with a confidence score of 0. 9, or roughly 90%, which we consider high. 24/7 Wall St.

Price Target Summary Metric Value Current Price $951. 35 24/7 Wall St. Price Target $1,046.

54 Upside 10. 01% Recommendation BUY Confidence Level 90% A Reset That Created an Entry Point Costco has cooled meaningfully into the summer. Shares are down 7.

48% over the past month and 2. 87% over the past week, even as the stock holds a 10. 63% year-to-date gain.

The 52-week range runs from $841. 69 to $1,096. 50, so the pullback has reset valuation without breaking the trend.

Fundamentals stayed strong. Q3 FY26 delivered EPS of $4. 93 on revenue of $70.

53 billion, both ahead of expectations, with comparable sales up 9. 8% and digitally enabled comps up 21. 5%.

Membership fee income rose 10. 7% to $1. 37 billion, with worldwide renewal at 89.

7%. May retail sales hit $763. 7B, the strongest reading in the trailing year.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Costco didn't make the cut. Grab the names FREE today . The Case for $1,141 and Beyond The bull case rests on flywheels that keep turning.

Executive membership penetration is at 75% of sales, paid memberships reached 82. 1 million in Q2, and U. S.

/Canada renewals sit at 92. 3%. Costco is planning roughly 12 new warehouses in the rest of FY26 toward a 940 footprint, with e-commerce traffic up 37%.

Goldman Sachs has highlighted that "Walmart and Costco have captured a significant share of sales growth, benefiting from strong value offerings, operational leverage, and effective supplier negotiations. " Wall Street's average target sits at $1,082. 94, and our bull scenario maps to $1,141.

44, a 19. 98% total return. Story Continues What Could Go Wrong The bear concern is valuation.

Costco trades at a trailing P/E of 48 and a forward P/E of 42, with a PEG of 4. 644. Tariff exposure, FX volatility, and rising wage and healthcare costs are real, and insider activity recently skewed toward selling.

Our bear scenario lands at $959. 83, essentially flat at 0. 89%.

That said, bulls would argue the premium multiple reflects fortress unit economics: ROE of 29. 1%, FY25 free cash flow of $7. 84 billion, and capex growth funding the warehouse pipeline.

Costco Price Prediction 2026-2030 The 24/7 Wall St. price target of $1,046. 54 implies a buy with 90% confidence.

The tipping factor is membership economics. Renewal rates near 90% and executive penetration at 75% give Costco an annuity-like base that funds expansion. The setup looks constructive if comparable sales hold above 6% on an adjusted basis and renewals stay above 89%.

The thesis weakens if the forward P/E pushes back above 45 without an acceleration in EPS, which would erode the model's upside. Year 24/7 Wall St. Price Target 2026 $1,046.

54 2027 $1,123 2028 $1,205 2029 $1,278 2030 $1,352. 93 These projections assume Costco maintains its mid-single-digit unit growth, double-digit membership fee growth, and gradual e-commerce margin lift. Significant upside or downside could come from tariff policy shifts or a faster deceleration in consumer spending.

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