{
  "id": 15303067,
  "title": "Costco Wholesale Has Fallen More Than 10% From Its Peak Before. Here's What History Says Happens Next.",
  "url": "https://urgent.news/2026/10/17/costco-wholesale-has-fallen-more-than-10-from-its-peak-before-heres",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-17T23:30:00.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/10/17/costco-wholesale-has-fallen-more-than-10-from-its/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Costco Wholesale (COST) stock has dropped more than 10% from its peak recently, and history suggests it typically reaches a new high within a year following such declines. The stock's all-time high was in May of this year, and a recovery is underway already, despite the relatively steep 18% drawdown. Historically, Costco has fallen 10% or more seven times in the past decade, with five instances leading to a new record within 12 months. However, there are some recent counterexamples. In May 2022, after competitors Target and Walmart reported earnings misses due to high inflation, Costco's shares fell 31.5% from their April 2022 high but didn't fully recover until December 2023. Similarly, a decline beginning in February 2025 lasted until May 2026, despite the market achieving new all-time highs during the same period. These declines coincided with high valuations, with a price-to-earnings ratio of 62.4 in February 2025, a 10-year high. While Costco's earnings per share (EPS) continued to grow throughout these declines, the valuation multiple shrank faster. Currently, Costco's valuation is still above its 10-year average, with a P/E ratio of 47.3 as of Oct. 15, 2026. Given these factors, a new high within the next year is less likely than the historical trend might imply, but the stock could still drift sideways while earnings catch up. For long-term investors, buying extra shares at the current lower price could be a smart move.",
  "summary": "Costco's stock has a great track record of recovering from adversity.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Costco Wholesale Has Fallen More Than 10% From Its Peak Before. Here's What History Says Happens Next.",
        "url": "https://urgent.news/2026/10/17/costco-wholesale-has-fallen-more-than-10-from-its-peak-before-heres-15324357",
        "published": "2026-10-17T23:50:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}