CICC starts coverage with USD 1,050 target for Costco Wholesale stock

Published on 10/27/2026 at 11:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Costco Wholesale stock costs EUR 900.00 on October 27, 2026. Fiscal 2026 revenue reached USD 303.2 billion, up 10.0 percent year over year.

Coverage and operating scale

CICC began coverage with a USD 1,050 target on October 21, 2026.
Fiscal 2026 revenue reached USD 303.2 billion, up 10.0 percent year over year.
Costco Wholesale stock trades at EUR 900.00 at 11:00 a.m. CEST at Lang & Schwarz on October 27, 2026.
The next earnings date is December 10, 2026.

Costco Wholesale Corp., US22160K1051, Illustration mit AI erstellt.

Costco Wholesale (ISIN US22160K1051) trades at EUR 900.00 at Lang & Schwarz on October 27, 2026 at 11:00 a.m. CEST. CICC began coverage on October 21, 2026, assigning the warehouse retailer an Outperform rating and a USD 1,050 price target, according to Benzinga.

Coverage meets strong fiscal growth

Costco ended fiscal 2026 with USD 303.2 billion in total revenue, up 10.0 percent from USD 275.2 billion in fiscal 2025. Net income rose to USD 9.23 billion from USD 8.10 billion, while diluted earnings per share reached USD 20.76 versus USD 18.21 a year earlier, according to the fiscal-year report carried by MarketScreener.

The operating picture also combines expansion with recurring membership income. Costco opened 28 warehouses in fiscal 2026 and planned up to 33 openings in fiscal 2027, while membership-fee revenue increased 11.0 percent to USD 5.91 billion in fiscal 2026, the report said. The company spent USD 6.44 billion on capital expenditures in fiscal 2026 and planned USD 7.50 billion for fiscal 2027.

What do the latest targets imply?

CICC's USD 1,050 target sits above the latest US quote of USD 1,005.16 from October 26, 2026, while the 52-week range was USD 844.06 to USD 1,096.50. The target therefore points to a higher valuation than the latest primary-market quote, but it remains below the reported 52-week high.

Three dates frame the stock

Costco declared a quarterly dividend of USD 1.47 on October 14, 2026, payable on November 13, 2026, according to MarketBeat. Tigress Financial raised its target from USD 1,065 to USD 1,250 on October 15, 2026, as reported by Benzinga. CICC then initiated coverage with a USD 1,050 target on October 21, 2026.

Upcoming dates for Costco

The next substantiated dates are the October 30, 2026 ex-dividend date and the December 10, 2026 expected earnings date, according to Simply Wall St.

Stock valuation remains central

Costco's fiscal 2026 figures show that the membership model continues to support double-digit profit growth, while the USD 1,050 CICC target places attention on how much future expansion is already reflected in the valuation. On Nasdaq, Costco's latest quoted price was USD 1,005.16 on October 26, 2026 at 4:00 p.m. ET.

Costco Wholesale was trading at EUR 900.00 at Lang & Schwarz on October 27, 2026 at 11:00 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Costco Wholesale stock.