Costco Is Up 11% in 2026. Here’s Where the Stock Could Go

Category: Markets

Published: 2026-08-17T16:25:35.000Z

Costco's stock is up 11% year-to-date in 2026, but its growth rate is stabilizing after strong comparisons in 2025. While July net sales increased by 10.7%, the acceleration has slowed, and the stock trades at a high 48 times earnings. Analysts project a mid-case target of $1,415, implying a 47% total return over four years, driven by warehouse expansion and membership fees, with the primary risk being the high multiple.

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