Forecast Of The Day: Costco Total Costco Membership Cardholders

-10.83%
Downside
733
Market
653
Trefis
COST: Costco logo
COST
Costco

What?

Costco (NASDAQ:COST) Total Costco Membership Cardholders rose from around 98.5 million in 2019 to about 106 million in 2020. Trefis expects the metric to rise to around 109 million in 2021 and to 112 million in 2022.

Why?

Relevant Articles
  1. Does Costco Stock Have More Room For Gains After Rising 40% in 2023?
  2. What To Expect From Costco’s Stock Post Q4 Results?
  3. Costco’s Stock Up 23% So Far, What’s Next?
  4. What To Watch For In Costco’s Stock Post Q3?
  5. What’s Next for Costco Stock?
  6. Company Of The Day: Costco

We expect growth to continue in the future, driven by the expansion of new stores in the U.S. as well as international markets.

So What?

We think the projected growth is largely priced into COST stock. We value Costco stock at about $456 per share, about 3% ahead of the current market price.

See Our Complete Analysis For Costco

Invest with Trefis Market-Beating Portfolios
See all Trefis Price Estimates