Loading...
Market
Will Costco's stock price reach $1,005 by December 31, 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Publicly available stock price data from financial markets
Story
Costco Reports Strong Earnings with EPS of $5.29, Loop Capital Raises Price Target to $1,005
Sep 27, 2024, 12:15 PM
Costco has reported its earnings for the August quarter, becoming the 14th S&P 500 company to do so in the 3Q24 earnings season. The company announced an EPS of $5.29, surpassing expectations. Loop Capital raised its price target for Costco shares to $1,005 from $975, maintaining a Buy rating. Analysts highlight Costco's strong performance in a challenging operating environment, with steady membership growth and high renewal rates of approximately 137MM members. Telsey noted that Costco continues to execute well and remains a share gainer. Roth Capital Partners analyst Bill Kirk stated that Costco is 'universally loved' and priced nearly for perfection.
View original story
Similar markets
Above $600 • 25%
$550 - $600 • 25%
$500 - $550 • 25%
Below $500 • 25%
Yes • 50%
No • 50%
Increase by more than 10% • 25%
Increase by 1-10% • 25%
Remain the same • 25%
Decrease • 25%
Increase by more than 5% • 25%
Increase by 1-5% • 25%
Decrease by 1-5% • 25%
Decrease by more than 5% • 25%
Increase by more than 5% • 25%
Increase by 1-5% • 25%
Remain the same (+/- 1%) • 25%
Decrease • 25%
Increase • 25%
Decrease • 25%
No Change • 25%
Data Not Available • 25%