Costco Wholesale (NasdaqGS:COST) Stock Forecast & Analyst Predictions - Simply Wall St (2024)

Table of Contents
Future criteria checks 2/6 Key information Recent future growth updates Costco Wholesale Corporation Just Recorded A 8.5% EPS Beat: Here's What Analysts Are Forecasting Next Recent updates Costco Q3: Strong E-Commerce Growth Driven By Discretionary Purchases Costco: The Multiple Expansion Train Marches On (Rating Downgrade) Costco Wholesale Corporation's (NASDAQ:COST) Shareholders Might Be Looking For Exit Costco: Looking Overvalued, Maybe Time To Checkout? Costco Is The Constant Grower Your Portfolio Needs Costco Wholesale Corporation's (NASDAQ:COST) Intrinsic Value Is Potentially 40% Above Its Share Price Costco: The Stock Is A Buy After Recent Correction Costco: Should The Magnificent 7 Be Expanded? We Think Costco Wholesale (NASDAQ:COST) Can Manage Its Debt With Ease Costco: Wonderful Business, Awful Price (Rating Downgrade) Costco Wholesale Corporation Just Recorded A 8.5% EPS Beat: Here's What Analysts Are Forecasting Next Costco Q2 Earnings: Membership Fee Unchanged As Sales Strength Continues Costco: Why The Stock Still Has Room To Run Many Would Be Envious Of Costco Wholesale's (NASDAQ:COST) Excellent Returns On Capital If EPS Growth Is Important To You, Costco Wholesale (NASDAQ:COST) Presents An Opportunity Costco: The Retailer May Have Gotten Ahead Of Itself Costco Wholesale Corporation's (NASDAQ:COST) Share Price Not Quite Adding Up Contrarian View: Why Now Might Not Be The Time For Costco Stock Costco Q1: A Dividend Stock To Buy And Hold No Matter What (Rating Upgrade) Does Costco Wholesale (NASDAQ:COST) Have A Healthy Balance Sheet? Shareholders Are Optimistic That Costco Wholesale (NASDAQ:COST) Will Multiply In Value Calculating The Fair Value Of Costco Wholesale Corporation (NASDAQ:COST) With EPS Growth And More, Costco Wholesale (NASDAQ:COST) Makes An Interesting Case Earnings and Revenue Growth Forecasts Analyst Future Growth Forecasts Earnings per Share Growth Forecasts Future Return on Equity Discover growth companies

Future criteria checks 2/6

Costco Wholesale is forecast to grow earnings and revenue by 7.8% and 6.4% per annum respectively. EPS is expected to grow by 10% per annum. Return on equity is forecast to be 25% in 3 years.

Key information

7.6%

Earnings growth rate

9.8%

EPS growth rate

Consumer Retailing earnings growth9.6%
Revenue growth rate6.2%
Future return on equity25.4%
Analyst coverage

Good

Last updated28 May 2024

Recent future growth updates

Recent updates

Costco Q3: Strong E-Commerce Growth Driven By Discretionary Purchases

May 31

Costco: The Multiple Expansion Train Marches On (Rating Downgrade)

May 19

Costco Wholesale Corporation's (NASDAQ:COST) Shareholders Might Be Looking For Exit

May 14

Costco Wholesale (NasdaqGS:COST) Stock Forecast & Analyst Predictions - Simply Wall St (2)

Costco: Looking Overvalued, Maybe Time To Checkout?

Apr 26

Costco Is The Constant Grower Your Portfolio Needs

Apr 15

Costco: The Stock Is A Buy After Recent Correction

Apr 05

Costco: Should The Magnificent 7 Be Expanded?

Mar 28

We Think Costco Wholesale (NASDAQ:COST) Can Manage Its Debt With Ease

Mar 27

Costco Wholesale (NasdaqGS:COST) Stock Forecast & Analyst Predictions - Simply Wall St (4)

Costco: Wonderful Business, Awful Price (Rating Downgrade)

Mar 14

Costco Wholesale Corporation Just Recorded A 8.5% EPS Beat: Here's What Analysts Are Forecasting Next

Mar 09

Costco Wholesale (NasdaqGS:COST) Stock Forecast & Analyst Predictions - Simply Wall St (5)

Costco Q2 Earnings: Membership Fee Unchanged As Sales Strength Continues

Mar 08

Costco: Why The Stock Still Has Room To Run

Feb 29

Many Would Be Envious Of Costco Wholesale's (NASDAQ:COST) Excellent Returns On Capital

Feb 26

Costco Wholesale (NasdaqGS:COST) Stock Forecast & Analyst Predictions - Simply Wall St (6)

If EPS Growth Is Important To You, Costco Wholesale (NASDAQ:COST) Presents An Opportunity

Feb 14

Costco Wholesale (NasdaqGS:COST) Stock Forecast & Analyst Predictions - Simply Wall St (7)

Costco: The Retailer May Have Gotten Ahead Of Itself

Feb 09

Costco Wholesale Corporation's (NASDAQ:COST) Share Price Not Quite Adding Up

Feb 02

Costco Wholesale (NasdaqGS:COST) Stock Forecast & Analyst Predictions - Simply Wall St (8)

Contrarian View: Why Now Might Not Be The Time For Costco Stock

Jan 26

Costco Q1: A Dividend Stock To Buy And Hold No Matter What (Rating Upgrade)

Jan 12

Does Costco Wholesale (NASDAQ:COST) Have A Healthy Balance Sheet?

Dec 04

Costco Wholesale (NasdaqGS:COST) Stock Forecast & Analyst Predictions - Simply Wall St (9)

Shareholders Are Optimistic That Costco Wholesale (NASDAQ:COST) Will Multiply In Value

Nov 20

Costco Wholesale (NasdaqGS:COST) Stock Forecast & Analyst Predictions - Simply Wall St (10)

Calculating The Fair Value Of Costco Wholesale Corporation (NASDAQ:COST)

Nov 06

Costco Wholesale (NasdaqGS:COST) Stock Forecast & Analyst Predictions - Simply Wall St (11)

With EPS Growth And More, Costco Wholesale (NASDAQ:COST) Makes An Interesting Case

Oct 25

Costco Wholesale (NasdaqGS:COST) Stock Forecast & Analyst Predictions - Simply Wall St (12)

Earnings and Revenue Growth Forecasts

NasdaqGS:COST - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
8/31/2026290,0998,2938,59912,04619
8/31/2025272,4597,7076,86111,13432
8/31/2024254,1777,1636,27910,95433
2/18/2024248,8286,7946,20110,648N/A
11/26/2023245,6526,5178,80313,109N/A
9/3/2023242,2906,2926,74511,068N/A
5/7/2023235,4426,0005,8239,849N/A
2/12/2023234,3906,0515,4759,535N/A
11/20/2022231,0285,8842,8516,744N/A
8/28/2022226,9545,8443,5017,392N/A
5/8/2022217,5385,6464,1007,826N/A
2/13/2022210,2195,5136,0329,932N/A
11/21/2021203,0845,1655,8199,569N/A
8/29/2021195,9295,0075,3708,958N/A
5/9/2021186,6374,7266,91410,260N/A
2/14/2021178,6264,3445,8098,825N/A
11/22/2020172,9294,3246,4189,406N/A
8/30/2020166,7614,0026,0518,861N/A
5/10/2020160,8763,7103,9456,912N/A
2/16/2020158,3503,7784,1787,119N/A
11/24/2019154,6743,7363,2986,281N/A
9/1/2019152,7033,6593,3586,356N/A
5/12/2019149,6163,6052,5725,617N/A
2/17/2019147,2373,4492,6595,617N/A
11/25/2018144,8363,2613,0665,945N/A
9/2/2018141,5763,1342,8055,774N/A
5/13/2018139,4653,0103,3626,054N/A
2/18/2018135,9642,9602,9085,555N/A
11/26/2017132,7352,774N/A5,939N/A
9/3/2017129,0252,679N/A6,726N/A
5/7/2017123,2852,539N/A4,723N/A
2/12/2017121,1942,384N/A4,976N/A
11/20/2016119,5982,415N/A5,274N/A
8/28/2016118,7192,350N/A3,292N/A
5/8/2016117,9372,338N/A4,489N/A
2/14/2016117,2692,309N/A3,859N/A
11/22/2015116,5532,361N/A3,968N/A
8/30/2015116,1992,377N/A4,285N/A
5/10/2015115,9442,307N/A4,099N/A
2/15/2015115,6372,264N/A4,360N/A
11/23/2014114,4892,129N/A4,173N/A
8/31/2014112,6402,058N/A3,984N/A
5/11/2014109,6041,978N/A3,705N/A
2/16/2014107,8931,964N/A3,564N/A
11/24/2013106,4582,048N/A3,274N/A
9/1/2013105,1562,039N/A3,437N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: COST's forecast earnings growth (7.8% per year) is above the savings rate (2.4%).

Earnings vs Market: COST's earnings (7.8% per year) are forecast to grow slower than the US market (14.7% per year).

High Growth Earnings: COST's earnings are forecast to grow, but not significantly.

Revenue vs Market: COST's revenue (6.4% per year) is forecast to grow slower than the US market (8.4% per year).

High Growth Revenue: COST's revenue (6.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: COST's Return on Equity is forecast to be high in 3 years time (25%)

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Costco Wholesale (NasdaqGS:COST) Stock Forecast & Analyst Predictions  - Simply Wall St (2024)
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