William Blair analyst Phillip Blee has maintained their bullish stance on COST stock, giving a Buy rating on July 3.
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Phillip Blee has given his Buy rating due to a combination of factors that highlight Costco’s strong performance and potential for growth. The company reported a significant increase in sales for June 2025, with a total of $26.4 billion, marking an 8.0% rise compared to the previous year. This growth was largely driven by a 5.8% increase in comparable sales and the addition of 25 new warehouses, contributing to a 2.8% unit growth.
Furthermore, the recent improvement in comparable sales, after a period of softer performance, was supported by favorable foreign exchange conditions and consistent traffic and average ticket growth. These positive developments have sparked renewed interest in the stock, which saw a slight increase in after-hours trading. Despite the recent stagnation in share price, as investors shifted focus to riskier assets, the solid sales performance and strategic expansion efforts position Costco well for future success.
In another report released on July 3, Telsey Advisory also maintained a Buy rating on the stock with a $1,100.00 price target.
Based on the recent corporate insider activity of 69 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of COST in relation to earlier this year.