Costco Wholesale Corporation, NASDAQ: COST, is set to report its Q3 financial results on May 25, 2023, after markets close. Analysts expect the company to announce earnings per share of $3.29, higher than the year-ago figure of $3.04 per share. The expected revenue is $54.57 billion, and as of May 25, 2023, Costco shares closed at $482.76, down by 0.4%.
For those interested in the latest analyst ratings for this stock, please visit the Analyst Stock Ratings page on Benzinga, where you can sort the ratings based on various variables such as ticker, company name, analyst firm, rating change, etc.
- On Apr. 6, 2023, Oppenheimer analyst Rupesh Parikh maintained an Outperform rating on the stock with a $550 price target, showing an estimated 14% upside. The analyst has an accuracy rate of 76%.
- On Mar. 7, 2023, Northcoast Research analyst Chuck Cerankosky upgraded Costco’s stock from Neutral to Buy with a $560 price target, reflecting around 16% upside. The analyst has an accuracy rate of 71%.
- On Feb. 6, 2023, Wells Fargo analyst George Kelly maintained an Equal-Weight rating but raised the price target from $450 to $475, indicating an expected downside of 2%. The analyst has an accuracy rate of 75%.
- On Feb. 2, 2023, Truist Securities analyst Scot Ciccarelli kept a Buy rating and raised the price target from $538 to $568, reflecting an estimated 18% upside. The analyst has an accuracy rate of 79%.
- On Jan. 6, 2023, UBS analyst Michael Lasser maintained a Buy rating on the stock but increased the price target from $565 to $600, projecting approximately 24% upside. The analyst has an accuracy rate of 81%.
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