任意の製品分析
許可いただいた場合、プライバシーに配慮した限定的な分析を使用し、どのリサーチ経路が有効かを把握します。広告トラッカーやセッション録画は使用しません。この選択は設定で変更できます。詳しくは プライバシーポリシー.
Costco Wholesale Corporation's published Sell conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $397.1B | |
|---|---|---|
| P/E (forward) | 40.0x |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2022-08-28 | 2023-09-03 | 2024-09-01 | 2025-08-31 | 2026-08-31 | Trend |
| Revenue | $226.95B | $242.29B | $254.45B | $275.24B | — | +6.6% |
| Gross profit | $27.57B | $29.70B | $32.10B | $35.35B | — | +8.6% |
| Operating income | $7.79B | $8.11B | $9.29B | $10.38B | — | +10.0% |
| Net income | $5.84B | $6.29B | $7.37B | $8.10B | — | +11.5% |
| EPS (diluted) | $13.14 | $14.16 | $16.56 | $18.21 | $14.36 | +2.2% |
| EBITDA | $9.90B | $10.72B | $12.15B | $13.40B | — | +10.6% |
| R&D | — | — | — | — | — | — |
| SG&A | $19.78B | $21.59B | $22.81B | $24.97B | — | +8.1% |
Recent company headlines from major financial publishers.
Under the base outcome, representing 60.0% probability, the stock converges toward $439.14, generating an implied return of -51.0% from $895.31. This path assumes steady mid-single-digit revenue growth and gradual operating margin normalization as membership fee gains offset freight inflation. Disconfirmation would occur if North American renewal rates drop below historical standards or if warehouse traffic turns negative over two consecutive quarters.
In the bull outcome, assigned a 20.0% probability, the shares reach Potential value at $571.07, offering an implied return of -36.2% relative to $895.31. This scenario requires international warehouse rollouts to accelerate with operating margins exceeding domestic units, rapid executive tier penetration in Asian markets, and significant freight productivity from automated depots. This path would be disconfirmed if international opening schedules stall or if gross margins continue to face compression from staple price reductions.
| Ke ↓ / g → | 2.7% | 3.2% | 3.7% | 4.2% | 4.7% |
|---|---|---|---|---|---|
| 6.5% | $523 | $557 | $603 | $670 | $773 |
| 7.5% | $457 | $476 | $501 | $533 | $576 |
| 8.5% | $412 | $424 | $439 | $457 | $480 |
| 9.5% | $380 | $388 | $398 | $409 | $423 |
| 10.5% | $355 | $361 | $368 | $375 | $384 |
Upcoming earnings date and setup when available.
各月に公開されたリサーチ版が示したレーティングです。レーティングは分析時点の株価を公正価値と比較したもので、判断が当たったかどうかの記録ではありません。
| 年 | 1月 | 2月 | 3月 | 4月 | 5月 | 6月 | 7月 | 8月 | 9月 | 10月 | 11月 | 12月 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
