Costco Wholesale Stock Is Trading Over $1,000. Here's Why a Stock Split Still May Not Come in 2027.

In early 2026, shares of Costco Wholesale (COST) have hovered around the $1,000 mark, with the stock trading above that price as of the October 30 closing. This price level holds significant importance for investors, as it may concern retail investors that the high share price could price them out of the market, potentially slowing the stock's upward trajectory.

However, reaching this price is a testament to Costco's strong business performance. The company's history of stock splits, coupled with the lack of recent management commentary on the topic, indicates that a split is unlikely in the near future. This is further supported by the rise of fractional investing in online brokerage accounts, where investors can buy shares worth as little as $10, rendering the need for a split less urgent.

Costco's management may also feel that the high stock price, at $1,000, signals a successful company and does not require a split to generate excitement among shareholders. This is due to the perception that a high stock price is already a winning situation. The company has outperformed the S&P 500 with a 17.3% year-to-date gain, despite starting the year at $861.14.

Investors are attracted to the retailer's defensive characteristics, as it performs well in economic downturns, and its growth potential through store expansion and increased online sales. With renewal rates at 92.3% in North America and a 19.5% increase in digitally enabled comparable sales, Costco's future looks promising. While a stock split may still be a possibility in 2027, there is no indication that it is imminent.

Nevertheless, Costco's stock remains a compelling long-term investment opportunity, driven by its strong business fundamentals, loyal customer base, warehouse expansion plans, and the three ways shareholders can profit - through stock price appreciation, dividends, and special dividends.