COST·ConsumerHOLD

Costco Wholesale Corporation

Debjit Mukherjee·October 21, 2026

Price Target

$976.78

Downside

-1.2%

Investment Thesis

Costco is rated HOLD with a USD 976.78 target against USD 989.11, a call right on the HOLD/SELL boundary. The business looks broadly fairly valued: stronger returns and a defensive model justify a premium to Walmart, but that premium has already compressed sharply. Investors are paying much less for the relative quality than they used to, which leaves limited room for another major re-rating.

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Report Details

AnalystDebjit Mukherjee

PublishedOctober 21, 2026

SectorConsumer

RatingHOLD

Price Target$976.78

Current Price$989.11

For educational purposes only. Not investment advice. Price targets reflect analyst estimates as of the publication date.