Is Costco Stock a Buy Now or Still Too Expensive to Touch?

Key Takeaways Costco trades at 46.21X forward P/E, above industry and S&P 500, though below its 12-month median.Costco's Q1 FY26 renewal rates stayed high: 92.2% U.S./Canada and 89.7% globally, aiding resilience.Costco's January digitally enabled comps surged 34.4%, alongside steady warehouse expansion plans for FY26.Costco Wholesale Corporation (COST) , a prominent player in the membership-based retail sector, is currently trading at a forward 12-month price-to-earnings (P/E) multiple of 46.21, which is ab ...