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Can Costco Stock Reach $1,000 by the End of 2026?
The Motley Fool·
Costco stock hit $1,000 for the first time in February 2025 and recently traded near that level despite market volatility. The company demonstrates strong fundamentals with accelerating revenue growth (11.6% YoY), rising earnings per share ($4.93 vs $4.28), and expanding e-commerce sales (21.5% growth). Key growth drivers include fuel stations attracting new members and digital services. Trading at a P/E ratio of 48, the stock is susceptible to sentiment shifts but the author believes it can reach $1,000 by year-end given its strong operational performance and lower current valuation.
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