These Analysts Revise Their Forecasts On Costco After Q4 Results

Financial Performance - Costco reported fourth-quarter revenue of $86.16 billion, exceeding analyst estimates of $86.12 billion [1] - The company reported fourth-quarter adjusted earnings of $5.87 per share, surpassing estimates of $5.80 per share [1] Membership Fees - Membership fees reached approximately $1.72 billion, an increase from $1.51 billion in the same quarter last year [2] - The company raised its annual membership fee by $5 in September 2024, marking the first increase since 2017 [2] Stock Performance and Analyst Ratings - Following the earnings announcement, Costco shares fell 2% to $925.03 [2] - JP Morgan analyst Christopher Horvers maintained an Overweight rating but lowered the price target from $1,160 to $1,050 [7] - Bernstein analyst Zhihan Ma maintained an Outperform rating and raised the price target from $1,137 to $1,140 [7] - Truist Securities analyst Scot Ciccarelli maintained a Hold rating and lowered the price target from $1,042 to $1,033 [7]