Based on the provided data and technical analysis, here's the prediction for COST's stock price next week:
Technical Analysis
Recent News Impact
Price Targets Fibonacci levels indicate:
Price Prediction for Next Week Target: $995-1000
Trading Recommendation: BUY
Rationale:
Entry point: Current levels ($977.99) Stop loss: Below S1 at $930
The price of COST is predicted to go up 9.72%, based on the high correlation periods with TISI. The similarity of these two price pattern on the periods is 94.98%.
COST
TISI
Year
COST Price Forecast($)
Potential Return(%)
2025
1,050.000
14.560
2026
1,100.000
12.260
2027
1,200.000
22.460
2028
1,200.000
22.460
2029
1,250.000
27.570
2030
1,500.000
53.080
Costco maintains a proven formula for successfully translating its operations across borders and faces minimal direct competition abroad, implying a long runway of growth prospects.
With unmatched scale and plentiful consumer data, Costco's pricing and value proposition remain superior relative to competing retailers and should be difficult to replicate.
Since inception, Costco has impressively driven robust shareholder returns through prudent organic reinvestments in price and warehouse expansion, and we don't think it will veer from this course.
Wells Fargo
Price Target
$950 → $1,000
Upside
+1.08%
DA Davidson
Price Target
$880 → $900
Upside
-9.03%
TD Cowen
Price Target
$975 → $1,090
Upside
+10.17%