Parkev Tatevosian, CFAPublished 2026-09-23
“Massive Update for Costco Stock Investors”
$COSTBullish
Costco upgraded to buy; valuation near fair value ($843 vs market $897) after sell-off.
Costco is scheduled to announce its quarterly financial results on September 24, 2026. This comes at a time when Costco's stock is suffering a decline.
For the first time in a long time, Costco shares have fallen by about 20% from their highest levels. Costco's stock was trading near $1,100 a few months ago, and is now trading below $900.