Assessing Costco Wholesale (COST) Valuation After Strong January Sales And Ongoing Membership Momentum

Simply Wall St.

02/08

Costco Wholesale (COST) just reported January net sales of US$21.33b, up 9.3% year on year, alongside 7.1% comparable sales growth and strong digital gains, giving investors fresh insight into the ...

网页链接

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2609527809"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2609527809\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2609527809?lang=zh_TW&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/company-cover/92817-main-header/1756193047478","is_english":true,"pubTime":"2026-02-08 07:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2609527809","market":"nz","top_or_hot":-1,"title":"Assessing Costco Wholesale (COST) Valuation After Strong January Sales And Ongoing Membership Momentum","media":"Simply Wall St.","content":"<div>\n<p>Costco Wholesale (COST) just reported January net sales of US$21.33b, up 9.3% year on year, alongside 7.1% comparable sales growth and strong digital gains, giving investors fresh insight into the ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/consumer-retailing/nasdaq-cost/costco-wholesale/news/assessing-costco-wholesale-cost-valuation-after-strong-janua\">网页链接</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Assessing Costco Wholesale (COST) Valuation After Strong January Sales And Ongoing Membership Momentum</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAssessing Costco Wholesale (COST) Valuation After Strong January Sales And Ongoing Membership Momentum\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Simply Wall St.</strong><span class=\"h-time small\">2026-02-08 07:13</span>\n</p>\n</h4>\n</header>\n<article>\n<div>\n<p>Costco Wholesale (COST) just reported January net sales of US$21.33b, up 9.3% year on year, alongside 7.1% comparable sales growth and strong digital gains, giving investors fresh insight into the ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/consumer-retailing/nasdaq-cost/costco-wholesale/news/assessing-costco-wholesale-cost-valuation-after-strong-janua\">网页链接</a>\n\n</div>\n\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://simplywall.st/stocks/us/consumer-retailing/nasdaq-cost/costco-wholesale/news/assessing-costco-wholesale-cost-valuation-after-strong-janua\">Simply Wall St.</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0471298694.HKD","symbol_name":"BGF NUTRITION \"A2\" (HKD) ACC","start_time":0,"source_url":"https://simplywall.st/stocks/us/consumer-retailing/nasdaq-cost/costco-wholesale/news/assessing-costco-wholesale-cost-valuation-after-strong-janua","article_id":"2609527809","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/company-cover/92817-main-header/1756193047478"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/consumer-retailing/nasdaq-cost/costco-wholesale/news/assessing-costco-wholesale-cost-valuation-after-strong-janua","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2609527809","pubTimestamp":1770506012,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Costco Wholesale (COST) just reported January net sales of US$21.33b, up 9.3% year on year, alongside 7.1% comparable sales growth and strong digital gains, giving investors fresh insight into the membership driven warehouse model.\nSee our latest analysis for Costco Wholesale.\nThe strong January sales update has arrived alongside a sharp rebound in Costco Wholesale’s share price, with a 30 day share price return of 13.44% and a year to date share price return of 17.16% helping reverse last...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LU0471298694.HKD":"BGF NUTRITION \"A2\" (HKD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU2381873111.SGD":"BGF SYSTEMATIC GLOBAL EQUITY HIGH INCOME \"A6\" (SGDHDG) INC","LU2168564222.USD":"AZ ALLOCATION - TREND \"AAZ\" (USDHDG) ACC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","LU0471298777.SGD":"Blackrock Nutrition A2 SGD-H","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","BK4596":"哈里斯概念","LU2168564065.EUR":"AZ ALLOCATION - TREND \"AAZ\" (EUR) ACC","BK4504":"桥水持仓","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4550":"红杉资本持仓","LU2168563687.JPY":"AZ ALLOCATION - TREND \"AAZ\" (JPYHDG) ACC","BK4588":"碎股","LU0234572021.USD":"高盛美国核心股票组合Acc","COST":"好市多","LU2360106947.USD":"BGF NUTRITION \"A4\" (USD) INC","LU0823434583.USD":"BNP PARIBAS US GROWTH \"C\" (USD) ACC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU2168564149.EUR":"AZ ALLOCATION - TREND \"BAZ\" (EUR) ACC","LU1069344957.HKD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (HKD) INC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU0823434740.USD":"BNP PARIBAS US GROWTH \"C\" (USD) INC","LU0385154629.USD":"贝莱德营养科学基金A2","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0079474960.USD":"联博美国增长基金A","LU2097829019.USD":"AZ EQUITY - BORLETTI GLOBAL LIFESTYLE \"AI\" (USD) ACC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","LU1035775433.USD":"AB SICAV I - AMERICAN GROWTH PORTFOLIO \"AD\" (USD) INC","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","BK4581":"高盛持仓","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","BK4155":"大卖场与超市","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","IE0008368304.USD":"STEWART INVESTORS WORLDWIDE LEADERS SUSTAINABILITY FUND \"I\" (USD) ACC","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","BK4585":"ETF&股票定投概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0238689110.USD":"贝莱德环球动力股票基金","LU1116320737.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (USD) INC","LU0265550946.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A5\" (USD) INC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1323610961.USD":"UBS (LUX) EQUITY SICAV - LONG TERM THEMES (USD) \"P\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","LU2168564495.EUR":"AZ ALLOCATION - TREND \"AI\" (EUR) ACC"},"translate_title":"在一月份强劲的销售和持续的会员势头之后评估Costco批发(COST)估值","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COST":1.98},"content_text":"Costco Wholesale (COST) just reported January net sales of US$21.33b, up 9.3% year on year, alongside 7.1% comparable sales growth and strong digital gains, giving investors fresh insight into the membership driven warehouse model. See our latest analysis for Costco Wholesale. The strong January sales update has arrived alongside a sharp rebound in Costco Wholesale’s share price, with a 30 day share price return of 13.44% and a year to date share price return of 17.16% helping reverse last year’s 3.56% decline in total shareholder return. Over 3 and 5 years, total shareholder returns of 108.55% and 199.78% point to momentum that has generally rewarded patient holders. If this kind of steady warehouse growth has your attention, it might be a good moment to broaden your search and check out 22 top founder-led companies as potential next ideas to research. After a 17.16% year to date share price jump and a last close around US$1,001, Costco is trading only about 4% below the average analyst target. So is there still upside for new investors, or is the market already baking in future growth? AdvertisementMost Popular Narrative: 38% Overvalued Costco Wholesale’s latest narrative fair value of $726.29 sits well below the last close at $1,001.16, which puts the recent rally in a different light.  The core tension in my thesis is between Operational Growth (which is strong) and Valuation Multiple Risk (which is high). Here is the breakdown of my three scenarios: Scenario Analysis • The Base Case (Mid): I assume solid revenue growth of 7.0% and slight margin expansion to 3.1%, driven by ad revenue and efficiency. However, because the stock currently trades at approximately 50 times earnings, I forecast a 4.4% annualized drag from multiple compression as the P/E ratio normalizes. This results in a modest $1,125 price target and a 5.6% IRR.  Read the complete narrative. Curious how steady warehouse growth, modest margin gains and a rich earnings multiple combine into that fair value? The narrative’s scenario math may surprise you. Result: Fair Value of $726.29 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, tariff shocks or a faster than expected pullback in Costco’s premium P/E multiple could quickly challenge this optimistic and high execution narrative. Find out about the key risks to this Costco Wholesale narrative.  Build Your Own Costco Wholesale Narrative If you are looking at these numbers and reaching a different conclusion, or simply prefer to work from your own assumptions, you can quickly build a personalised Costco Wholesale story in just a few minutes by starting with Do it your way. A great starting point for your Costco Wholesale research is our analysis highlighting 2 key rewards and 1 important warning sign that could impact your investment decision. Looking for more investment ideas? You have seen how one strong business case can look, but your next great idea might come from a very different corner of the market.  Target quality at a discount by scanning our list of 53 high quality undervalued stocks that pair solid fundamentals with appealing prices. Lock in income potential by reviewing 14 dividend fortresses designed for investors who want higher yields without ignoring business strength. Prioritise resilience by checking 86 resilient stocks with low risk scores that score well on stability so you are not relying on one company to carry your portfolio.   This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}