핵심요약

• 2025년 2월 코스트코 주식이 처음 1,000달러 돌파
• 2026년 3분기 매출액 전년 동기 대비 11.6% 증가
• 동일매장 매출 9.8% 성장, EPS 4.28달러에서 4.93달러 상승
• 전자상거래 매출 전년 동기 대비 21.5% 증가

도입

코스트코는 경기침체나 인플레이션에 강인한 주가로 알려져 있으며, 이는 투자자에게 안정적인 수익원을 제공할 수 있습니다. 이번 분석은 코스트코의 최근 실적과 시장 동향을 통해 향후 주가 전망을 탐구합니다.

본문 1: 코스트코의 실적 성장 동력

2026년 3분기 매출액이 전년 동기 대비 11.6% 증가한 것은 인플레이션 지속에도 불구하고 소비자의 수요가 지속적으로 증가하고 있음을 보여줍니다. 특히 동일매장 매출이 9.8% 성장한 것은 기존 고객의 충성도가 높음을 나타냅니다. EPS가 4.28달러에서 4.93달러로 증가한 것은 비용 효율적인 운영과 회원제 모델의 성공을 반영합니다.

본문 2: 디지털 서비스와 전자상거래의 역할

전자상거래 매출이 전년 동기 대비 21.5% 증가한 것은 디지털 전환이 가속화되고 있음을 보여줍니다. 관리진은 온라인 등록 및 e-커머스 서비스를 강화하고 있으며, 이는 향후 수익 성장 동력으로 작용할 수 있습니다. 특히 고유가 시대에 가스 충전소 이용 고객이 증가하면서 추가적인 매출 증대를 기대할 수 있습니다.

본문 3: 시장 리스크와 기회

고유가 시대가 지속될 경우 가스 충전소 이용 고객이 감소할 수 있는 리스크가 있습니다. 그러나 한 번 코스트코 회원이 된 고객은 지속적으로 높은 충성도를 보여주므로, 이는 일시적인 현상으로 판단됩니다. 또한 디지털 서비스 강화는 장기적인 성장 동력이 될 수 있습니다.

결론

코스트코는 실적 성장과 디지털 전환을 통해 안정적인 수익을 창출하고 있습니다. 향후 주가 변동성은 경제 환경에 따라 달라질 수 있지만, 장기적으로는 강인한 실적과 고객 충성도가 주가 상승의 기반이 될 가능성이 높습니다.

---

원문 링크: https://www.fool.com/investing/2026/06/28/can-costco-stock-reach-1000-by-the-end-of-2026/?.tsrc=rss

Can Costco Stock Reach $1,000 by the End of 2026?

Costco Wholesale ( COST +1.13% ) stock hit $1,000 for the first time in February 2025, but it's been up and down since then as the market accounts for changing economic trends.

Costco itself has been demonstrating outstanding performance the whole time, though, and the market has been feeling more positive about it.

Can it get back to $1,000 again before the end of the year?

Costco is often called a "recession-proof" or "inflation-proof" stock because it can do well in adverse circumstances. In fact, the company often does even better in rough economies, because that's when its customers need it even more.

The company strives to offer the best prices possible, and it markets products in bulk and in bare-bones warehouses to cut out extraneous costs. It marks up prices to cover whatever associated costs remain, and it makes money from annual membership fees. Loyal customers make the most of their memberships when every penny counts, driving high volume when things are toughest.

That's why sales growth is accelerating as inflation persists. Revenue increased 11.6% year over year in the 2026 fiscal third quarter (ended May 10), and comparable sales (comps) were up 9.8%. Earnings are also rising despite rising costs, and earnings per share (EPS) rose from $4.28 last year to $4.93 this year in the third quarter.

The market seems less worried about how inflation will impact Costco as it sees Costco thriving. Management noted that its gas stations are attracting new business with higher oil prices, and these members usually buy more in stores, too. As oil prices come down, some of the people who went out of their way to fill up at Costco might not continue to do so, which could be a headwind, but it could also prove to be sticky as these members appreciate the value.

Management has been working on various digital services, including e-commerce and online registrations, that are adding to the mix. E-commerce sales increased 21.5% year over year in the third quarter, and online registrations are attracting younger shoppers.

New member growth was slightly lower than usual at 4.1%, but management didn't seem worried about the long-term impact. It's expecting to open about 30 stores annually over the next few years, which should lead to more sign-ups and higher sales.

Can Costco stock reach $1,000?

Costco stock's recent drop is more about sentiment than performance or opportunity. It trades at a high P/E ratio of about 48, which makes it susceptible to falling if there's anything the market doesn't love.

The stock recently was only 4% off $1,000, and it can just as easily rise on sentiment, too. Plus, it still has several earnings updates to provide before the year is out, and at the lower valuation, it has more wiggle room, so I can see it reaching $1,000 by the end of the year .

Source: https://www.fool.com/investing/2026/06/28/can-costco-stock-reach-1000-by-the-end-of-2026/?.tsrc=rss