Deutsche Bank cuts target for Costco Wholesale stock to USD 1,079.00
Published on 10/02/2026 at 12:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Costco Wholesale (ISIN US22160K1051) was quoted at EUR 815.00 at Lang & Schwarz on October 2, 2026 at 12:38 p.m. CEST, while Deutsche Bank cut its price target from USD 1,091.00 to USD 1,079.00. According to MarketBeat on September 28, 2026, the bank maintained a Buy rating.
Target cut meets strong results
The target reduction followed Costco's fiscal fourth-quarter results for the 16 weeks ended August 30, 2026. Costco Wholesale reported net sales of USD 93.873 billion, up 11.20 percent from USD 84.432 billion a year earlier, and total revenue of USD 95.723 billion, compared with USD 86.156 billion.
Net income reached USD 2.998 billion in the fiscal fourth quarter, up 14.90 percent from USD 2.610 billion, while diluted earnings per share rose to USD 6.75 from USD 5.87. The company also reported total comparable sales growth of 9.40 percent and digitally enabled comparable sales growth of 19.50 percent for the quarter.
Membership model keeps scaling
The annual figures show the same operating direction. Costco's fiscal 2026 net sales increased 10.10 percent to USD 297.247 billion from USD 269.912 billion in fiscal 2025, while net income rose to USD 9.226 billion from USD 8.099 billion.
Costco ended the fiscal year with 939 warehouses, including 647 in the United States and Puerto Rico, 115 in Canada and 177 in other international markets. Digitally enabled comparable sales increased 20.70 percent for fiscal 2026, giving the retailer a growth channel beyond physical warehouse traffic.
USD 405.8 billion market value
The valuation debate is visible in the analyst data. MarketBeat lists 22 Buy ratings, 10 Hold ratings and one Sell rating, with an average target of USD 1,046.27. That consensus sits beside a USD 405.8 billion market capitalization and a 52-week Nasdaq range of USD 844.06 to USD 1,096.50 as of October 1, 2026.
For investors, the central tension is measurable: Costco is still delivering double-digit sales growth, but the latest target cut shows that valuation remains a separate question from operating execution.
Euro quote and prior close
Costco Wholesale stock was trading at EUR 815.00 at Lang & Schwarz on October 2, 2026 at 12:38 p.m. CEST, plus 0.12 percent versus the Lang & Schwarz prior close of EUR 814.05 on October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of Costco Wholesale stock.
Costco Wholesale stock facts
- Company: Costco Wholesale Corporation
- ISIN: US22160K1051
- Ticker: COST
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 2, 2026, 12:38 p.m. CEST): EUR 815.00
- Change versus prior close: plus 0.12 percent
- Prior close Lang & Schwarz (October 1, 2026): EUR 814.05
- Market capitalization: USD 405.8 billion (as of October 1, 2026)
- 52-week range: USD 844.06-1,096.50 (as of October 1, 2026)
- Sector / Industry: Consumer Staples / Consumer Staples Distribution and Retail
