From Nasdaq: 2025-03-15 07:21:00

Costco (NASDAQ: COST) has seen a significant decline of nearly 15% from its peak due to a broader market sell-off and a slight earnings miss. Despite this, analysts see a buying opportunity with the stock at oversold levels and reaffirming their bullish stance.

Costco’s latest earnings report showed strong revenue growth but slightly missed earnings expectations, leading to a multi-month low. However, analysts believe the fundamental story remains intact, with Costco benefiting from strong membership renewals and steady foot traffic.

Wall Street analysts are confident in Costco’s long-term trajectory, with many reaffirming Buy ratings and increasing price targets. The stock’s technical setup suggests a potential bottom, making it a buy-the-dip opportunity for long-term investors looking for a solid entry point.



Read more at Nasdaq:: Why Costco Stock Is Poised to Hit $1,000 Again Soon