Erste Group raises Costco earnings forecast to USD 25.07 for Costco Wholesale stock

Published on 10/26/2026 at 16:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Quarterly revenue hit USD 95.72 billion, up 11.10 percent. Costco Wholesale stock costs EUR 898.55 on October 26, 2026.

Analyst forecast and key figures

Erste Group lifted its fiscal 2028 earnings per share forecast to USD 25.07 on October 21, 2026.
Costco reported quarterly revenue of USD 95.72 billion, up 11.10 percent year over year.
Costco Wholesale stock costs EUR 898.55 at Lang & Schwarz on October 26, 2026 at 4:10 p.m. CEST.
Fiscal 2026 net sales reached USD 297.25 billion, up 10.00 percent.

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

Costco Wholesale stock (ISIN US22160K1051) has a fresh fiscal 2028 earnings forecast of USD 25.07 from Erste Group, up from USD 25.01. The estimate was raised in a note issued on October 21, 2026, according to MarketBeat. Costco Wholesale stock was trading at EUR 898.55 at Lang & Schwarz on October 26, 2026 at 4:10 p.m. CEST.

Forecast moves above consensus

Erste Group's revised USD 25.07 estimate remains above the USD 22.70 consensus figure cited by MarketBeat. The gap matters because Costco's valuation leaves less room for an earnings slowdown than a conventional supermarket retailer.

MarketBeat also reported that Costco earned USD 6.75 in earnings per share in its latest quarter, compared with a USD 6.54 consensus estimate. Quarterly revenue reached USD 95.72 billion against a USD 94.97 billion estimate, while revenue increased 11.10 percent from the same quarter a year earlier.

Sales growth supports the case

The annual report for fiscal 2026 showed net sales of USD 297.25 billion, an increase of 10.00 percent from fiscal 2025. Net income rose 14.00 percent to USD 9.23 billion, while diluted earnings per share reached USD 20.76, according to MarketScreener.

Membership economics remain central to that performance. Fiscal 2026 membership fee revenue increased 11.00 percent to USD 5.91 billion, while the worldwide renewal rate was 89.80 percent and the United States and Canada renewal rate was 92.30 percent.

Valuation and upcoming date

Costco's market capitalization was USD 445.1 billion on October 26, 2026, and its price-to-earnings ratio was 48.39. The same-day 52-week range was USD 844.06 to USD 1,096.50, placing the stock below its yearly high while keeping it well above its low.

MarketBeat lists October 30, 2026 as the ex-dividend date for Costco's USD 1.47 quarterly dividend. The payment date is November 13, 2026, and the annualized dividend is USD 5.88 per share.

Comparison with peers

Costco Wholesale: 48.39 price-to-earnings ratio, USD 445.1 billion market capitalization.

Walmart (NYSE, USD): 43.59 price-to-earnings ratio, USD 957.5 billion market capitalization.

BJ's Wholesale Club (NYSE, USD): 23.14 price-to-earnings ratio, USD 13.3 billion market capitalization.

Stock price and investor perspective

The combination of double-digit sales growth and a higher long-term earnings forecast supports Costco's operating narrative, while the 48.39 price-to-earnings ratio keeps valuation central to the debate. The next near-term marker is the October 30, 2026 ex-dividend date.

Costco Wholesale stock was trading at EUR 898.55 at Lang & Schwarz on October 26, 2026 at 4:10 p.m. CEST.

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