Jefferies Reiterates Buy Rating on Costco Wholesale Ahead of Q4 FY2025 Earnings Release

Costco Wholesale Corporation (NASDAQ:COST) is one of the 10 Best Grocery Stocks to Buy According to Hedge Funds. On August 26, Jefferies reiterated its Buy rating on Costco Wholesale Corporation (NASDAQ:COST) ahead of the Q4 FY2025 earnings release scheduled on September 25, 2025.

Ahead of the earnings, Wall Street expects the company to post a profit of $5.82 per share, up 9.10% from $5.29 per share a year ago. Costco has exceeded analyst estimates in three of the last four quarters. During Q3 FY2025, the company posted earnings per share of $4.28, surpassing consensus by $0.04.

On August 8, Greg Melich from Evercore ISI maintained the Buy rating on Costco Wholesale Corporation (NASDAQ:COST), keeping the price target at $1,060. Melich kept the rating on COST following the company’s strong sales for the retail month of July 2025. For the four weeks ended August 3, Costco Wholesale posted $20.89 billion in net sales, an increase of 8.5% from $19.26 billion a year ago. The company maintains the momentum from Q3, despite the challenging situation of macroeconomic uncertainty.

As of August 27, Costco Wholesale Corporation’s (NASDAQ:COST) average price target of $1,070, based on analysts’ estimates, implies an upside of almost 12.69% from current levels.

Costco Wholesale Corporation (NASDAQ:COST) is one of the leading retail firms in the U.S. The company offers Food and Sundries, Fresh Food, Non-food, and other items.

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Disclosure: None. This article is originally published at Insider Monkey.