Shares of Costco (COST) have delivered impressive returns, climbing about 40% over the past year, outpacing the S&P 500 Index’s ($SPX) 24.2% gain. This growth in Costco stock reflects its ability to grow its same-store sales, retain its customer base, and expand its e-commerce capabilities.
The ongoing momentum in its business indicates that the stock could continue to trend higher in 2025. Further, at least one Wall Street analyst expects shares of this membership-based warehouse retailer to reach $1,175, the Street-high price target. This represents about 27% upside from its last closing price of $927.37 on Jan. 8. Let’s take a closer look at the company’s recent performance and what it could mean for the year ahead.
