Analysts predict that Costco will become a trillion-dollar company by 2035
2026-08-02 23:59:00
According to CoinMeta, as reported by Yahoo Finance, analysts predict that Costco will become a trillion-dollar company by 2035. Currently, its market value is $422 billion, and it is expected that its stock price will reach $2250 by 2035. Although Wall Street's forecast for its future is only a 13% increase, its e-commerce traffic has grown by 37%, and the proportion of active members has reached 75%. The membership fees for Costco reached $1.373 billion in the last quarter, with overall sales growing by 9.8%, and the global renewal rate remaining at 89.7%. However, the stock price of Costco has only increased by 2.04%, lagging behind the overall market performance. Analysts point out that the future growth of Costco will depend on the improvement of its profitability.
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Source:Internet
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