Prev Arrow Stocks

Costco Wholesale Corporation ($COST) Stock Forecast: Up 6.5% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Costco Wholesale Corporation?

Costco Wholesale Corporation (COST) is a well-known retail giant operating a chain of membership-only warehouse clubs. The company offers a wide range of products at competitive prices, attracting a large customer base.

Why is Costco Wholesale Corporation going up?

COST stock is up 6.5% on Apr 10, 2025 13:57

  • Costco's stock experienced a strong bullish movement today, with a notable increase in trading volume and a 6.2% rise in its stock price.
  • The positive momentum can be attributed to Costco's impressive March sales results, showing an 8.6% increase in net sales compared to the previous year.
  • Additionally, the bullish sentiment towards Costco is reinforced by the decrease in the short percent of float and the bullish approach adopted by deep-pocketed investors, indicating confidence in the company's future performance.
  • Despite the recent fall in the market, Costco's resilience and positive market sentiment suggest that the stock may continue its upward trajectory in the near term.

COST Price Chart

COST Technical Analysis

COST News

Costco ( COST ) Moves 6.2% Higher: Will This Strength Last?

Costco (COST) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

https://www.zacks.com/stock/news/2443040/costco-cost-moves-62-higher-will-this-strength-last

0 Missing News Article Image Costco  ( COST )  Moves 6.2% Higher: Will This Strength Last?

Costco Wholesale Corporation Reports March Sales Results

ISSAQUAH, Wash., April 09, 2025 ( GLOBE NEWSWIRE ) -- Costco Wholesale Corporation ( "Costco" or the "Company" ) ( Nasdaq: COST ) today reported net sales of $25.51 billion for the retail month of March, the five weeks ended April 6, 2025, an increase of 8.6 percent from $23.48 billion last year.

https://www.globenewswire.com/news-release/2025/04/09/3058877/0/en/Costco-Wholesale-Corporation-Reports-March-Sales-Results.html

1 News Article Image Costco Wholesale Corporation Reports March Sales Results

Costco ( COST ) Registers a Bigger Fall Than the Market: Important Facts to Note

In the closing of the recent trading day, Costco (COST) stood at $908.13, denoting a -0.91% change from the preceding trading day.

https://www.zacks.com/stock/news/2441501/costco-cost-registers-a-bigger-fall-than-the-market-important-facts-to-note

2 Missing News Article Image Costco  ( COST )  Registers a Bigger Fall Than the Market: Important Facts to Note

What Does the Market Think About Costco Wholesale? - Costco Wholesale ( NASDAQ:COST )

Costco Wholesale's COST short percent of float has fallen 3.12% since its last report. The company recently reported that it has 6.87 million shares sold short, which is 1.55% of all regular shares that are available for trading.

https://www.benzinga.com/insights/short-sellers/25/04/44671865/what-does-the-market-think-about-costco-wholesale

3 News Article Image What Does the Market Think About Costco Wholesale? - Costco Wholesale  ( NASDAQ:COST )

Check Out What Whales Are Doing With COST - Costco Wholesale ( NASDAQ:COST )

Deep-pocketed investors have adopted a bullish approach towards Costco Wholesale COST, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today.

https://www.benzinga.com/insights/options/25/04/44667108/check-out-what-whales-are-doing-with-cost

4 News Article Image Check Out What Whales Are Doing With COST - Costco Wholesale  ( NASDAQ:COST )

Costco Wholesale Corporation Price History

08.10.2024 - COST Stock was up 5.1%

  • At the end of today's trading session, Costco's stock closed at $890.17, marking a +0.46% shift.
  • Over the past 6 months, the stock has gained 17%, showcasing investor confidence in its membership model and pricing power.
  • Analyst recommendations, like Jim Cramer's endorsement of CyberArk Software Ltd., might have positively influenced investor sentiment towards Costco.
  • Ongoing industry comparisons and analyses between Costco and its competitors could also be fueling the bullish momentum of the stock.

27.07.2024 - COST Stock was up 2.7%

  • The bullish movement in Costco's stock may be linked to positive analyst calls and updates, including mention of the company's new membership crackdown and digital trends by Goldman Sachs.
  • The ongoing court battle between Kroger and Albertsons over merger plans could indirectly benefit Costco, with investors potentially viewing competitor consolidation as favorable for the company's market position.
  • Despite the overall market decline, Costco's stock rise and the market's reaction to it may reflect investor confidence in the company's resilience and effective navigation of challenges.

05.06.2024 - COST Stock was up 1.3%

  • High-rolling investors positioning themselves bullish on Costco could have contributed to the stock's strong bullish movement.
  • Positive sentiment surrounding consumer spending and the expectation of an increase in spending, especially in home improvement stores, might have boosted investor confidence in companies like Costco.
  • Despite concerns about extreme valuation, Costco's impressive financial performance and growth potential highlighted in various analyst reports could have attracted more investors, further driving the bullish movement in the stock.

07.02.2025 - COST Stock was down 5.3%

  • Second-quarter earnings for Costco had mixed results, with revenue surpassing expectations while adjusted earnings per share fell short of analyst predictions. This discrepancy likely played a role in the stock's bearish movement.
  • The CEO highlighted concerns regarding tariffs' impact on the business and the potential effects of inflation on consumers. This apprehension might have unsettled investors, leading to the stock's decline.
  • Despite Costco's confidence in navigating challenges through global purchasing power and supplier relationships, market reactions to economic uncertainties and possible obstacles facing the company could be influencing the stock price.
  • Discussions on earning estimates and their implications on stock performance may have influenced investor confidence, contributing to the bearish movement in Costco's stock.

07.02.2025 - COST Stock was down 7.9%

  • Costco's shares were affected by a bearish movement today due to the company's Q2 earnings falling short of expectations, with EPS at $4.02. Despite a 9.1% increase in net sales and significant e-commerce growth, profit concerns led to a decline in the stock price.
  • The strong sales of Costco's large-sized TVs during the holiday season were not sufficient to counterbalance the impact of the earnings miss on the stock performance.
  • The CEO of Costco remains optimistic about the company's capability to address challenges like tariffs and inflation. However, the market response to the earnings shortfall indicates investor wariness regarding the short-term prospects of the stock.
  • Analysts observe that Costco continues to surpass its competitors and is gaining profitability in the market, suggesting that the earnings miss might be perceived as a temporary setback rather than a long-term issue.

07.02.2025 - COST Stock was down 6.5%

  • Costco's revenue increased by 9% year-over-year and saw a substantial 20.9% rise in e-commerce comparable sales. However, the stock faced a downward trend following lower-than-expected Q2 earnings.
  • Concerns regarding profit margins post earnings miss, despite outperforming industry peers, likely impacted the stock negatively.
  • Costco's ability to navigate tariff impacts through its global purchasing power and supplier relationships may have reassured investors. Nevertheless, market sentiment appears more influenced by the disappointing earnings report.
  • The holiday popularity of Costco's large 100-inch TVs and the positive feedback on platforms like TikTok demonstrate the company's appeal to affluent members. Still, this positive news may not have offset the market's reaction to the earnings shortfall.

31.04.2024 - COST Stock was down 1.0%

  • Third-quarter revenue and earnings per share exceeded expectations; however, Costco shares declined, reflecting negative market sentiment.
  • Analysts have raised the stock target and maintain an outperform rating, expressing optimism about the company's performance.
  • Despite assurances that the $1.50 hot dog price will not change, this may not have been sufficient to address other market concerns.
  • The market's reaction suggests that investors may be considering factors beyond the strong Q3 performance, possibly indicating broader economic worries impacting the stock.

11.06.2024 - COST Stock was down 3.3%

  • The bearish movement in COST stock today might be linked to market reaction following the membership fee hike announcement, despite an initial 2.5% increase in pre-market trading.
  • Concerns among investors about the impact of the fee raise on customer retention and acquisition could have prompted the sell-off of Costco shares.
  • The decline in stock price after markets opened suggests that the fee hike news overshadowed positive sales results from June, leading to investor uncertainty.
  • Observing the stock's performance in the following days will be crucial in understanding the long-term effects of the fee increase on Costco's financial well-being and investor confidence.

11.06.2024 - COST Stock was down 3.7%

  • Today's decline in Costco's stock price could be due to investors taking profits following a recent upward trend.
  • The broader market sentiment appears positive, with the NASDAQ setting new records for the fourth consecutive day, reflecting strong investor confidence in tech stocks.
  • Attention on undervalued small-cap stocks and long-term growth prospects elsewhere may have drawn focus away from Costco, influencing its stock decline.
  • Investors possibly reallocating towards high-growth stocks highlighted in recent discussions, leading to a temporary downturn in Costco's stock performance.

04.03.2025 - COST Stock was down 5.1%

  • Despite the surge in gold prices and the positive impact of selling gold bars on Costco's business, the unusual bearish options activity on the stock indicates a lack of confidence among financial giants.
  • The surge in gold prices might have attracted investors away from traditional stocks like Costco, leading to a bearish movement in the stock.
  • The conflicting sentiments between bullish and bearish traders suggest uncertainty in the market regarding Costco's future performance, contributing to the strong bearish movement in the stock today.

10.03.2025 - COST Stock was up 6.5%

  • Costco's stock experienced a strong bullish movement today, with a notable increase in trading volume and a 6.2% rise in its stock price.
  • The positive momentum can be attributed to Costco's impressive March sales results, showing an 8.6% increase in net sales compared to the previous year.
  • Additionally, the bullish sentiment towards Costco is reinforced by the decrease in the short percent of float and the bullish approach adopted by deep-pocketed investors, indicating confidence in the company's future performance.
  • Despite the recent fall in the market, Costco's resilience and positive market sentiment suggest that the stock may continue its upward trajectory in the near term.

08.03.2025 - COST Stock was up 5.4%

  • Despite a slight decline in short interest, deep-pocketed investors have shown a bullish sentiment towards Costco, indicating confidence in the company's future prospects.
  • The recent dip in Costco's total comps for March and deceleration in traffic and digital sales growth may have initially caused some concerns among investors.
  • However, the positive outlook on Costco's long-term growth potential, together with the company's consistent performance, likely contributed to the bullish movement in the stock today.
  • Investors should carefully consider Costco's premium price against its growth trajectory to make informed investment decisions amidst market volatility.
i
Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.