# Walmart's (WMT) Sam’s Club has set the wheels in motion, and the ripple effects could land right in Costco Wholesale Corporation�.

*business · news · 2026-04-06 · Barchart*

## Key points

- Sam’s Club will raise its annual membership fees by $10 effective May 1, 2024.
- Sam’s Club is increasing the Sam’s Cash annual cap for Plus members to $750 from $500.
- Costco’s stock rose 1.9% after Sam’s Club’s fee hike announcement, signaling market optimism.
- Costco plans to open 28 net new warehouses in fiscal 2026 and 30+ annually thereafter.
- BMO Capital raised Costco’s price target to $1,315, implying a 29.5% potential upside.

**Companies:** Walmart, Costco Wholesale Corporation, BJ's Wholesale Club Holdings
**Countries:** United States

[Read the full story on Barchart](https://www.barchart.com/story/news/1161144/dear-costco-stock-fans-mark-your-calendars-for-may-1)

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