---
title: "These Analysts Increase Their Forecasts On Costco After Better-Than-Expected Q1 Results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/269553979.md"
description: "Costco Wholesale Corp. reported better-than-expected Q1 fiscal 2026 results, with revenue of $67.31 billion and adjusted earnings of $4.50 per share. Membership fees rose to $1.33 billion. Analysts adjusted their price targets: Bernstein raised to $1,146, Baird cut to $1,000, and Telsey maintained at $1,100, all with an Outperform rating. Costco shares fell 1.4% to $872.06."
datetime: "2025-12-12T17:26:04.000Z"
locales:
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  - [en](https://longbridge.com/en/news/269553979.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/269553979.md)
---

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# These Analysts Increase Their Forecasts On Costco After Better-Than-Expected Q1 Results

**Costco Wholesale Corp.** (NASDAQ:COST) reported better-than-expected financial results for the first quarter of fiscal 2026 after the bell on Thursday.

Costco reported first-quarter revenue of $67.31 billion, beating analyst estimates of $67.14 billion, according to Benzinga Pro. The membership-based retailer reported fourth-quarter adjusted earnings of $4.50 per share, beating estimates of $4.27 per share.

Membership fees came in at approximately $1.33 billion, up from $1.17 billion in the prior year’s quarter.

Costco said it currently operates 923 warehouses, including 633 in the U.S. The company exited the first quarter with approximately $16.22 billion in cash and cash equivalents.

Costco shares fell 1.4% to trade at $872.06 on Friday.

These analysts made changes to their price targets on Costco following earnings announcement.

-   Bernstein analyst Zhihan Ma maintained Costco Wholesale with an Outperform rating and raised the price target from $1,134 to $1,146.
-   Baird analyst Peter Benedict maintained the stock with an Outperform rating and cut the price target from $1,125 to $1,000.
-   Telsey Advisory Group analyst Joseph Feldman maintained Costco with an Outperform rating and maintained a price target of $1,100.

**Considering buying COST stock? Here’s what analysts think:**

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Photo via Shutterstock

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