Costco Wholesale Corporation (COST) Valuation
Rating: Overpriced
12-Month Fair Value: $530 – $650 – $775
Confidence: MEDIUM-HIGH
At $974, Costco remains the most overpriced quality compounder in our coverage. 46x+ forward P/E for ~12% EPS growth. Stagflation beneficiary (trade-down effect, membership resilience) but premium multiple vulnerable to macro-driven de-rating. Iran war oil impact raises input costs. FOMC hawkish compresses growth multiples. FV raised slightly ($615→$650) on stronger comps but stock still 33% above mid. World-class business at a price that embeds perfection.
View full report | All intelligence | Home