Costco Wholesale Price Target Raised to $1,170 Following Robust Global Sales

Loop Capital analysts raised their price target for Costco Wholesale Corporation (NASDAQ:COST) to $1,170 from $1,110, citing the company's strong international same-store sales growth of 6% in May, exceeding projections and market consensus. The analysts attribute Costco's growth in market share to its sluggish price increases, which they expect to continue as inflation impacts tariffed products.

Loop Capital analysts have raised their price target for Costco Wholesale Corporation (NASDAQ:COST) to $1,170 from $1,110, citing the company's strong international same-store sales growth of 6% in May. This growth exceeded projections and market consensus, according to a recent report [1]. The analysts attribute Costco's market share growth to its relatively slow price increases, a strategy that they expect to continue as inflation impacts tariffed products.

In addition to the positive sales performance, Costco Wholesale has been attracting value-conscious customers with its wide range of offerings at competitive price points. The company continues to maintain a strong balance sheet and consistent financial health, as noted by various analysts [2]. Despite these positive indicators, Truist Securities maintains a Hold rating on the stock, citing its current valuation as a reason for seeking a more attractive entry point [2].

The recent increase in the price target by Loop Capital suggests that the market is increasingly optimistic about Costco's ability to navigate the current economic conditions and maintain its growth trajectory. However, investors should remain vigilant and consider other factors, such as the company's valuation and potential risks, before making investment decisions.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-costco-wholesale-corporation-nasdaqcost-stock-holdings-lifted-by-fortress-financial-solutions-llc-2025-07-14/
[2] https://www.investing.com/news/analyst-ratings/truist-securities-reiterates-hold-rating-on-costco-stock-citing-valuation-93CH-4130426