Are Wall Street Analysts Bullish on Costco Wholesale Stock?

Core Viewpoint - Costco Wholesale Corporation has shown mixed performance in the market, with a notable decline over the past year but a strong year-to-date performance, indicating potential resilience and growth opportunities in the retail sector. Financial Performance - For Q1, Costco reported total revenue of $67.3 billion, reflecting an 8.3% year-over-year increase, driven by new warehouse openings, higher membership fees, productivity improvements, and increased digital tool usage [4] - The net income per share for the quarter was $4.50, marking an 11.4% increase from the same quarter last year [4] Market Performance - Over the past 52 weeks, Costco's shares have declined by 4.7%, while the S&P 500 Index has increased by 14% [2] - Year-to-date, Costco's stock has risen by 16.1%, outperforming the S&P 500's 1.3% increase [2] Analyst Ratings and Expectations - For fiscal 2026, analysts project Costco's EPS to grow by 12.2% year-over-year to $20.18 [5] - The consensus rating among 35 analysts is a "Moderate Buy," with 19 "Strong Buy," 4 "Moderate Buy," 11 "Hold," and 1 "Strong Sell" rating [5] - D.A. Davidson analyst Michael Baker has maintained a "Hold" rating with a price target of $1,000, while the mean price target of $1,058.32 suggests a 5.7% premium from current levels [8]