Deutsche Bank cuts target for Costco Wholesale stock to USD 1,079.00

Published on 10/06/2026 at 16:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Costco posted USD 95.72 billion in fourth-quarter revenue, up 11.10 percent. Costco Wholesale stock was last at EUR 824.20 on October 5, 2026 versus EUR 817.90.

Makrofoto von folienverpackten Kartons und Waren auf einer Holzpalette — Makroaufnahme illustriert Costco Wholesale Corp. US22160K1051 durch folienverpackte Palettenware in naher Detailperspektive fotografiert, Illustration mit AI erstellt.

Costco Wholesale (ISIN US22160K1051) faces a lower Deutsche Bank valuation target after its fiscal 2026 results, with the bank cutting its price target from USD 1,091.00 to USD 1,079.00 on September 28, 2026 while keeping a Buy rating. Costco Wholesale stock was last quoted at EUR 824.20 on Tradegate on October 5, 2026, versus a prior close of EUR 817.90.

Target cut follows strong results

According to MarketBeat on October 6, 2026, Deutsche Bank reduced its target from USD 1,091.00 to USD 1,079.00, while Royal Bank of Canada kept a USD 1,000.00 objective and Jefferies cut its target from USD 1,130.00 to USD 1,100.00. The same overview lists 22 Buy ratings, 10 Hold ratings and one Sell rating among 33 firms, with an average 12-month target of USD 1,046.27.

The target revisions came after Costco's 16-week fourth quarter ended August 30, 2026. Costco Wholesale Corporation reported total revenue of USD 95.72 billion, compared with USD 86.16 billion a year earlier, while diluted earnings per share rose to USD 6.75 from USD 5.87.

Revenue growth meets valuation pressure

The operating figures were broad-based. Fourth-quarter net sales increased 11.20 percent to USD 93.87 billion, comparable sales grew 9.40 percent, and digitally enabled comparable sales rose 19.50 percent, according to the September 24, 2026 company release. Net income reached USD 3.00 billion, up from USD 2.61 billion in the prior-year quarter.

For fiscal 2026, Costco generated USD 303.15 billion in total revenue against USD 275.24 billion in fiscal 2025, a USD 27.92 billion increase. Net income climbed to USD 9.23 billion from USD 8.10 billion, while operating cash flow reached USD 15.83 billion, giving the earnings story a stronger cash conversion angle.

Stock valuation remains the counterweight

The analyst response shows the central tension for Costco Wholesale stock: operating growth remains substantial, but several bullish firms still trimmed targets after the results. A ScanX News report dated September 28, 2026 recorded target reductions from Deutsche Bank, JPMorgan, Mizuho and Raymond James despite positive ratings.

Finance data placed Costco's market capitalization at USD 411.6 billion on October 6, 2026, with a 52-week range of USD 844.06 to USD 1,096.50. The next quarterly results are scheduled for December 10, 2026, according to Makkler.

Tradegate quote stays above prior close

Costco Wholesale stock was last at EUR 824.20 on Tradegate on October 5, 2026 at 6:58 p.m. CEST, up EUR 6.30 from the EUR 817.90 prior close. Price source: substitute price Tradegate, Lang & Schwarz without data set.