JPMorgan Bullish on Costco Wholesale (COST) Following Fiscal Q2 Results

Costco Wholesale Corporation (NASDAQ:COST) earns a place on our list of 13 stocks with consistent growth to buy right now.

Costco Wholesale (NASDAQ:COST) attracted renewed favorable remarks from analysts following its most recent quarterly results, which bolstered confidence in the retailer’s long-term development trajectory.

JPMorgan Chase increased its price target for Costco from $1,050 to $1,060 while keeping an “Overweight” rating on March 6, 2026. Following its fiscal Q2 results, the investment firm stated that its core investment thesis is still in place, emphasizing that Costco’s fundamentals remain solid. The retailer’s extended runway for expanding its warehouse units was cited by analysts as a major factor in its steady growth.

In keeping with that confidence, Bernstein analyst Zhihan Ma reiterated an “Outperform” rating and increased the firm’s price target from $1,155 to $1,170 that same day following the company’s minor Q2 earnings beat. The 3.1% increase in traffic and the 4.2% increase in tickets contributed to the 7.4% increase in comparable sales, demonstrating the ongoing strength of both customer visits and trip spending.

Costco Wholesale Corporation (NASDAQ:COST) operates membership-based warehouse clubs that sell groceries, appliances, electronics, and other goods throughout the US, Canada, and other countries to generate revenue from product sales and membership fees.

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