Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
FAQs
Costco (COST) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
The average price target for Costco is $793.73. This is based on 23 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $870.00 ,the lowest forecast is $650.00. The average price target represents -0.26% Decrease from the current price of $795.81.
What is the price forecast for Costco stock? ›Costco stock price stood at $793.07
According to the latest long-term forecast, Costco price will hit $800 by the middle of 2024 and then $1100 by the end of 2025. Costco will rise to $1300 within the year of 2027, $1600 in 2028, $1700 in 2029, $1800 in 2030 and $2000 in 2033.
According to our current COST stock forecast, the value of Costco shares will rise by 0.47% and reach $ 796.79 per share by May 22, 2024.
Will Costco stock reach $1000? ›That type of rapid bottom-line growth just isn't in the cards anymore. But I believe that Costco's P/E ratio could actually contract because of how expensive it is right now, and this creates downside risk for investors. Don't expect the $1,000 mark to be met in 2024.
Is TipRanks worth it? ›Affordable pricing — If you're an active investor, even the most expensive plan at $49.95 per month is a steal based on the information that TipRanks is giving you. If you're someone who picks one or two stocks a year, it probably wouldn't be worth it.
What is the 5 year forecast for Costco stock? ›Costco Wholesale Corp quote is equal to 787.370 USD at 2024-05-13. Based on our forecasts, a long-term increase is expected, the "COST" stock price prognosis for 2029-05-09 is 1199.170 USD. With a 5-year investment, the revenue is expected to be around +52.3%. Your current $100 investment may be up to $152.3 in 2029.
Who is the biggest shareholder of Costco? ›The top individual insider shareholders of Costco are Craig Jelinek, Charles Munger, and Patrick Callans, and the top institutional shareholders are Vanguard Group Inc., BlackRock Inc., and State Street Corp.
What is the 12 month forecast for Costco stock? ›Based on analyst ratings, Costco's 12-month average price target is $793.73. What is COST's upside potential, based on the analysts' average price target? Costco has 0.84% upside potential, based on the analysts' average price target.
What is the stock price prediction for Costco in 2030? ›With Membership income doubling and overseas growth accelerating, our model shows Costco earning $30 billion in net income by 2030. Applying a premium 35x P/E ratio gives us a potential future stock price of $1,900.
What is the future growth of Costco? ›Future Growth
Costco Wholesale is forecast to grow earnings and revenue by 7.5% and 6.2% per annum respectively. EPS is expected to grow by 9.8% per annum. Return on equity is forecast to be 25.3% in 3 years.
Is Costco a long term buy? ›
COST has a Growth Style Score of A, forecasting year-over-year earnings growth of 7.3% for the current fiscal year. Six analysts revised their earnings estimate higher in the last 60 days for fiscal 2024, while the Zacks Consensus Estimate has increased $0.07 to $15.76 per share.
Is Costco stock a good long term investment? ›Costco shares have returned more than 15% per year for nearly 40 years, in fact, enough to create many millionaires since its 1985 initial public offering. Investing is all about the future, though, and there are limits to Costco's growth potential from here.
Is Costco a long term investment? ›A generous dividend policy sets Costco apart from many of its peers. Those payouts make a serious difference for long-term shareholders. That 10-year return of 712% would shrink to 546% if you didn't sign up for dividend reinvestments. The compound annual return falls from 23.3% to 20.5%.
Which is better, TipRanks or zacks? ›Zacks excels in quantitative analysis and modelling, providing proprietary earnings estimate data, valuations models, and quantitative stock ratings. But it does not have the focus on actual expert performance that TipRanks offers.
How accurate are TipRanks predictions? ›One of TipRanks' notable features is its analyst pages, which this year have organized over 174,000 stock ratings into a digestible format. The top analysts have amassed a collective success rate of 82.7%, as well as an aggregated average return of 13.95% on their stock picks.
Which is better, TipRanks vs. seeking alpha? ›TipRanks utilizes AI technology to offer predictive insights and a simplified view of analyst ratings and market consensus. Seeking Alpha provides in-depth analysis leveraging a large community of contributors which results in a wide range of opinions and detailed discussions about market trends.
What is Costco's next dividend? ›| Summary | Previous dividend | Next dividend |
|---|---|---|
| Per share | 116c | Sign Up Required |
| Declaration date | 10 Apr 2024 (Wed) | 07 Aug 2024 (Wed) |
| Ex-div date | 25 Apr 2024 (Thu) | 23 Aug 2024 (Fri) |
| Pay date | 10 May 2024 (Fri) | 06 Sep 2024 (Fri) |
KIRK Stock 12 Month Forecast
Based on 1 Wall Street analysts offering 12 month price targets for Kirkland's in the last 3 months. The average price target is $2.50 with a high forecast of $2.50 and a low forecast of $2.50. The average price target represents a 35.14% change from the last price of $1.85.
The Costco 52-week high stock price is 804.56, which is 1.4% above the current share price. The Costco 52-week low stock price is 476.75, which is 39.9% below the current share price. The average Costco stock price for the last 52 weeks is 622.40.