Analyst predicts Costco (COST) to reach $2,250 per share and become a trillion-dollar company by 2035, driven by strong earnings growth and membership retention.
An analyst predicts that Costco (COST) will achieve a $1 trillion market capitalization by 2035, with its shares reaching $2,250. This forecast is based on the company's 45.5% year-over-year earnings growth and a near-perfect 89.7% worldwide membership renewal rate. Despite its current market cap of $422 billion and shares trading at $951.89, the analyst believes continued EPS compounding at 10-11% annually, increasing executive membership penetration, and international warehouse expansion will drive this growth.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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