Costco Wholesale (COST) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $6.75
- Estimate
- $6.53
- Surprise
- +3.4%
- Score at report (before → after)
- 5.3 → 5.3/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Costco Wholesale (COST) beat the $6.53 estimate with adjusted EPS of $6.75 — a clear 3.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.3/10) to Hold at 5.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates COST Sell at 5.2/10.
3 of the last 4 quarters beat the estimate; this quarter's +3.4% surprise compares with a +2.2% four-quarter average. Next scheduled report: 2026-12-10.
What supports the rating
- Sector modifier (Consumer Defensive): +0.8
- Strong earnings beat streak (3/4)
What argues against it
- Concentration risk — Geographic: U.S. and Canadian operations (86.0%)
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.8)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $980.87
- Price target
- $1128.00
- Stop
- $948.89
- Upside to target
- +15.0%
The stock trades at 47.3× trailing but 39.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 79 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-15 — shown for context, not personalized investment advice.
COST at TrendMatrix's latest read
Defensive staples are judged on margin resilience: pricing power against input costs matters more here than top-line drama.
- Industry
- Discount Stores
- Market cap
- $435.15B
- P/E (fwd)
- 39.3
- P/E (ttm)
- 47.3
- 52-week range
- $844.06–$1096.50
- Off 52-week high
- 10.5%
- RSI (14)
- 79
- Volume vs avg
- 0.79×
- Score today
- 5.2/10