Tigress Financial Raises COST Price Target to $1,250

Tigress Financial has reaffirmed its Buy rating for Costco, raising the price target significantly, a 26.38% upside from the current price.

By EarningsIQ Research Desk · Published Oct 15, 2026, 9:18 PM EDT · Updated Oct 16, 2026, 8:15 PM EDT

Reviewed by automated data checks against the source data. How we make and check alerts

Tigress Financial raised its price target on Costco Wholesale Corporation ($COST) to $1,250 from $1,065 on October 15, 2026, and rates the stock "Buy".

Since the rating, $COST is up 1.1% to date (from the $978.01 close on Oct 15, 2026).

COST Costco Wholesale Corporation

$989.11 +16.26% year to date

Daily close · Oct 16, 2026

Key Points

On October 15, 2026, Tigress Financial reiterated its Buy rating for Costco (COST) while raising the price target from $1,065 to $1,250.
Tigress Financial's $1,250 price target implies 26.38% upside from Costco Wholesale Corporation's ($COST) current $989.11 share price.
Costco's stock recently traded around $990.25, which is below the analyst target and 9.7% lower than its 52-week high of $1,096.50.
The company is scheduled to report its next earnings on December 10, 2026, after posting a revenue growth of 11.1% year-over-year.

Get $COST trade alerts by text

We text you when insiders, Congress or big funds trade $COST. Free.

Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Costco Wholesale Corporation alert may contain errors. Disclosures

On October 15, 2026, Tigress Financial reiterated its Buy rating for Costco Wholesale Corporation (COST) and raised its price target from $1,065 to $1,250. This new target reflects a significant positive shift in the firm's outlook for the company.

Tigress Financial's Call on Costco

Tigress Financial's updated target suggests a strong belief in Costco's growth potential. The firm maintains a long position on the stock, indicating confidence in its future performance. With the recent trading price around $990.25, the stock is currently below this new target, which could attract investor interest.

Other Institutional Activity in Costco

Several other institutional investors have adjusted their positions in Costco recently. Blackrock Inc. reduced its stake by 744,376 shares, holding now 34,202,834 shares valued at approximately $33.83 billion. Vanguard Capital Management LLC slightly increased its holdings by 129,811 shares, totaling 28,976,605 shares worth about $28.66 billion. State Street Corporation added 232,353 shares, bringing its total to 18,384,951 shares valued at around $18.18 billion. Invesco Ltd. grew its position by 359,814 shares, now holding 13,989,137 shares worth about $13.84 billion. Meanwhile, Geode Capital Management, LLC saw a small decrease of 31,978 shares, ending with 10,627,472 shares valued at approximately $10.51 billion.

Costco Wholesale Corporation Stock Up 0.7%

Costco's stock is currently trading above its 50-day moving average by about 6.1% and also above its 200-day moving average by 2.6%. However, it remains about 9.7% below its 52-week high of $1,096.50. The stock also trades about 7.1% below the mean analyst target of $1,066.06, indicating potential upside as analysts adjust their views.

12-month forecast

$COST price target

Costco Wholesale Corporation daily closes and this analyst's $1,250 target. Not advice.

Recent Earnings

In its latest financial results, Costco reported trailing twelve-month revenue of $303.15 billion, reflecting a year-over-year growth of 11.1%. The company achieved an earnings per share (EPS) of $20.76, with a return on equity (ROE) of 28.4%. The next earnings report is scheduled for December 10, 2026, which will provide further insights into the company's performance.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

C+ 64/100

Reported May 28, 2026

Forward outlook
3 analysts raised price targets.
EPS & revenue
EPS missed estimates by 1.9%. Revenue missed estimates by 2.3%.
Profit surprise
EBITDA missed by 5 percent. Operating income missed by 5 percent.
Pre-earnings setup
Expectations were about average.
Analyst signal
3 target raises.
Earnings quality
Positive free cash flow.

Earnings Call Summary

Costco delivered 9.1 percent revenue growth to 69.6 billion dollars in the second quarter, beating earnings per share at 4.93 dollars versus 4.92 dollars expected, but missing revenue versus consensus of 71.2 billion dollars. Same-store sales grew 7.4 percent excluding gas and currency effects. Comparable sales strength came from all categories, with meat and bakery leading fresh food at low double digits. Digital sales grew 22.6 percent, with personalized recommendations driving 470 million dollars in e-commerce sales. However, paid membership growth decelerated to 4.8 percent year over year, down from typical 5 percent levels, partly due to slower new warehouse openings in new markets and higher penetration of online signup members who renew at lower rates. Management emphasized continued price reductions on items like butter, coffee, and eggs despite tariff uncertainty, and highlighted technology investments in checkout efficiency and personalized experiences.

Guidance Management did not provide specific forward guidance for future quarters. They indicated expecting about 28 net new warehouse openings in fiscal 2026 and are targeting 30 plus openings per year going forward. Capital expenditures are estimated at approximately 6.5 billion dollars for the full year.

Fine but not compelling. Acceptable results that likely do not create a meaningful forward reset.

Insider Buying and Selling at Costco Wholesale Corporation

Recent insider transactions show some selling activity. On September 29, Claudine Adamo, an Officer, sold 2,200 shares at an average price of $915.93, totaling about $2.02 million. Caton Frates, also an Officer, sold 800 shares at the same price, valued at around $733,328. On October 13, Executive Vice President Wilcox William Richard sold 1,100 shares at an average price of $958.20, amounting to approximately $1.05 million. These sales were made before the recent analyst ratings and do not necessarily reflect bearish sentiment.

Analysts Set New Price Targets

On October 15, 2026, Tigress Financial maintained its Buy rating for Costco with a new price target of $1,250, up from $1,065. This comes after several other firms also maintained or adjusted their targets recently. Freedom Broker kept its Buy rating but lowered its target to $1,010 from $1,030, while Deutsche Bank reduced its target to $1,079 from $1,091. Argus Research reiterated its Buy rating with a target of $1,230, indicating a strong consensus among analysts for Costco's future performance.

About Costco Wholesale Corporation

Costco Wholesale Corporation operates membership warehouses across various countries, including the U.S., Canada, and several nations in Asia and Europe. The company offers a wide range of products at discounted prices, making it a popular choice for consumers seeking value. The recent analyst actions highlight confidence in Costco's business model and growth strategy.

Bottom Line

Investors should keep an eye on Costco's upcoming earnings report on December 10, 2026, as it may influence future analyst ratings and stock performance. Tigress Financial's updated target reflects a strong bullish outlook, positioning Costco as a notable player in the retail sector.