Costco Wholesale Corp Stock Rises in 2030
Costco's stock expected to reach $138,490 in 2030
Analysts predict Costco's stock will range from $1,900 to $10,500 by 2030
Costco Wholesale Corp's stock is expected to have a promising future, with a forecasted average price of $138,490 in 2030. Analysts predict the stock could reach a high of $157,269 and a low of $1,900. This represents a significant growth potential for investors who hold Costco stock over the next decade.
Wall Street analysts are optimistic about Costco's future, with an average target price of $76,732 for the stock in the next 12 months. This suggests that Costco's stock is undervalued and could present a buying opportunity for investors.
Costco's financial performance has been strong in recent years, with earnings and revenue growing by 7.1% and 6.3% per annum, respectively. This growth is expected to continue in the future, with analysts predicting that EPS will grow by 7.2% per annum.
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