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

Published on 10/22/2026 at 17:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal-year 2026 sales rose 10.10 percent to USD 297.2 billion. Costco Wholesale stock costs EUR 901.85 on October 22, 2026 at Lang & Schwarz.

Analyst target and sales

CICC initiated coverage with a USD 1,050 target on October 21, 2026.
September sales rose 13.00 percent to USD 30.02 billion.
Costco Wholesale stock costs EUR 901.85 at Lang & Schwarz on October 22, 2026 at 5:39 p.m. CEST.
Fiscal year 2026 net sales increased 10.10 percent to USD 297.2 billion.

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Costco Wholesale stock received a new USD 1,050 target when CICC initiated coverage on October 21, 2026, according to Benzinga. The stock was trading at EUR 901.85 at Lang & Schwarz on October 22, 2026 at 5:39 p.m. CEST.

Fresh sales support the target

Costco's September retail-month sales rose 13.00 percent year over year to USD 30.02 billion for the five weeks ended October 4, 2026. Comparable sales increased 11.40 percent, while digitally enabled sales grew 19.00 percent, according to Yahoo Finance.

The sales figure gives the analyst target a current operating reference, but the valuation remains demanding. Costco's fiscal year 2026 net sales increased 10.10 percent to USD 297.2 billion, while total revenue reached USD 303.154 billion, according to the company's September 24, 2026 results release.

Costco trades near its yearly high

The stock's Nasdaq quote was USD 1,010.67 at 11:42 a.m. EDT on October 22, 2026. Its intraday range was USD 1,001.23 to USD 1,012.38, volume was 681,082 shares, and the 52-week range was USD 844.06 to USD 1,096.50. The market capitalization was USD 447.9 billion.

Valuation and operating scale

Costco traded at a price-to-earnings ratio of 48.68 on the Nasdaq quote. The company operated 939 warehouses at the end of fiscal year 2026, including 647 in the United States and Puerto Rico, according to Costco Wholesale.

Comparison with peers

Costco Wholesale: up 1.24 percent, price-to-earnings ratio 48.68, market capitalization USD 447.9 billion.
Walmart (Nasdaq, USD): up 1.82 percent, price-to-earnings ratio 43.42, market capitalization USD 954.5 billion.
BJ's Wholesale Club (NYSE, USD): up 2.45 percent, price-to-earnings ratio 22.94, market capitalization USD 13.3 billion.

What the target means for valuation

CICC's USD 1,050 target sits 3.90 percent above the Nasdaq quote of USD 1,010.67. The operating figures show continued sales expansion, while the price-to-earnings ratio leaves less room for a slowdown in membership, comparable sales or digital growth.

Stock price after the Xetra close

Costco Wholesale stock was trading at EUR 901.85 at Lang & Schwarz on October 22, 2026 at 5:39 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Costco Wholesale stock.