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BBY Stock Forecast 2026-2027
$81.65
Current Price
$17.21B
Market Cap
Buy 5
Hold 18
Sell 2
Wall St Analyst Ratings
Distance to BBY Price Targets
+10.2%
To High Target of $90.00
-2.6%
To Median Target of $79.50
-26.5%
To Low Target of $60.00
BBY Price Momentum
+4.6%
1 Week Change
+5.5%
1 Month Change
+18.6%
1 Year Change
+22.0%
Year-to-Date Change
-3.9%
From 52W High of $84.99
+48.2%
From 52W Low of $55.10
📊 TOP ANALYST CALLS
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Latest BBY Stock Price Targets & Analyst Predictions
Based on our analysis of 5 Wall Street analysts, BBY has a neutral consensus with a median price target of $79.50 (ranging from $60.00 to $90.00). The overall analyst rating is Buy (6.6/10). Currently trading at $81.65, the median forecast implies a -2.6% downside. This outlook is supported by 5 Buy, 18 Hold, and 2 Sell ratings.
The most optimistic forecast comes from Michael Baker at DA Davidson, projecting a 10.2% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
BBY Analyst Ratings
5
Buy
18
Hold
2
Sell
BBY Price Target Range
Low
$60.00
Average
$79.50
High
$90.00
Current: $81.65
Latest BBY Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for BBY.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jul 13, 2026 | Loop Capital | Anthony Chukumba | Hold | Downgrade | $82.00 |
| Jun 22, 2026 | DA Davidson | Michael Baker | Buy | Maintains | $90.00 |
| Jun 2, 2026 | DA Davidson | Buy | Maintains | $N/A | |
| May 29, 2026 | DA Davidson | Buy | Maintains | $N/A | |
| May 29, 2026 | Citigroup | Neutral | Maintains | $N/A | |
| May 29, 2026 | Truist Securities | Hold | Maintains | $N/A | |
| May 29, 2026 | JP Morgan | Neutral | Maintains | $N/A | |
| May 29, 2026 | Wells Fargo | Equal-Weight | Maintains | $N/A | |
| May 29, 2026 | Guggenheim | Buy | Reiterates | $N/A | |
| May 29, 2026 | Evercore ISI Group | In-Line | Maintains | $N/A | |
| May 29, 2026 | Wedbush | Neutral | Maintains | $N/A | |
| May 29, 2026 | UBS | Neutral | Downgrade | $N/A | |
| May 29, 2026 | Morgan Stanley | Equal-Weight | Maintains | $N/A | |
| May 28, 2026 | Jefferies | Buy | Maintains | $N/A | |
| May 14, 2026 | Wells Fargo | Equal-Weight | Maintains | $N/A | |
| May 12, 2026 | Citigroup | Neutral | Maintains | $N/A | |
| Apr 14, 2026 | Evercore ISI Group | In-Line | Maintains | $N/A | |
| Mar 4, 2026 | DA Davidson | Buy | Maintains | $N/A | |
| Mar 4, 2026 | Citigroup | Neutral | Maintains | $N/A | |
| Mar 4, 2026 | Evercore ISI Group | In-Line | Maintains | $N/A |
Best Buy Co., Inc. (BBY) Competitors
The following stocks are similar to Best Buy based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Best Buy Co., Inc. (BBY) Financial Data
Best Buy Co., Inc. has a market capitalization of $17.21B with a P/E ratio of 15.2x. The company generates $41.86B in trailing twelve-month revenue with a 2.7% profit margin.
Revenue growth is +1.9% quarter-over-quarter, while maintaining an operating margin of +4.0% and return on equity of +39.1%.
Valuation Metrics
Market Cap
$17.21B
Enterprise Value
$19.44B
P/E Ratio
15.2x
PEG Ratio
0.4x
Price/Sales
0.4x
Growth & Margins
Revenue Growth (YoY)
+1.9%
Gross Margin
+23.5%
Operating Margin
+4.0%
Net Margin
+2.7%
EPS Growth
+36.6%
Financial Health
Cash/Price Ratio
+11.1%
Current Ratio
1.1x
Debt/Equity
134.1x
ROE
+39.1%
ROA
+7.8%
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Best Buy Co., Inc. (BBY) Business Model
About Best Buy Co., Inc.
What They Do
Specialty retailer of consumer technology products.
Business Model
The company generates revenue primarily through the sale of a wide variety of electronics and appliances, both in physical stores and online. Best Buy enhances its business model with services like installation, technical support, and repair, which provide additional income streams and foster customer loyalty.
Additional Information
Headquartered in Richfield, Minnesota, Best Buy operates mainly in North America but also has a presence in selected international markets. The company's integrated omnichannel approach allows it to effectively reach consumers and small businesses alike.
Company Information
Sector
Consumer Cyclical
Industry
Specialty Retail
Employees
82,000
CEO
Ms. Corie Sue Barry
Country
United States
IPO Year
1985
Website
corporate.bestbuy.comBest Buy Co., Inc. (BBY) Latest News & Analysis
Latest News
Quick Summary
S&P 500 dividend yield is below 2%, prompting income investors to seek higher cash flow opportunities beyond traditional REITs and utilities.
Why It Matters
A low S&P 500 dividend yield prompts income investors to seek higher returns in alternative sectors, potentially increasing volatility and shifting capital flows in the market.
Source: 24/7 Wall Street
Market Sentiment:
Positive
Quick Summary
Best Buy surpassed Q1 EPS and revenue estimates, with comparable sales up 2% and international revenue up 7%. Management plans to enhance growth through ads and partnerships, despite macroeconomic risks.
Why It Matters
Best Buy's strong Q1 results indicate robust performance, but caution over potential volatility and macroeconomic challenges highlights risks for investors amidst its recent price surge.
Source: Seeking Alpha
Market Sentiment:
Positive
Mid-Year 2026 U.S. Retail/Restaurant Outlook
7 days ago
Quick Summary
The LSEG Retail/Restaurant Index reported a 27.2% earnings growth in Q1 2026, aided by a tax refund boost. Q2 2026 is expected to show the weakest growth, with improvement anticipated later in the year.
Why It Matters
Strong Q1 earnings growth signals robust consumer spending and economic health, while anticipated Q2 slowdown may prompt cautious sentiment in retail investments moving forward.
Source: Seeking Alpha
Market Sentiment:
Neutral
Quick Summary
Zacks Style Scores provide investors with a tool to identify top-rated stocks tailored to their investing style, offering potential advantages in stock selection.
Why It Matters
The Zacks Style Scores can help investors identify high-potential stocks tailored to their strategies, potentially enhancing portfolio performance and decision-making efficiency.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Best Buy plans to open new stores in 2027, despite the ongoing decline of brick-and-mortar retail locations.
Why It Matters
Best Buy's plan to open new stores in 2027 signals confidence in its retail strategy, potentially attracting investors looking for growth in a challenging retail environment.
Source: Investors Business Daily
Market Sentiment:
Neutral
Quick Summary
Best Buy (BBY) shares are at $75.11, down 3.25%. It has a 52-week range of $55.10 to $84.99, a dividend yield of 5.11%, and a P/E ratio of 13.91. Price target is $79.50.
Why It Matters
Best Buy's stock drop and fair market valuation impact investor sentiment, while a solid dividend yield and P/E ratio suggest potential for value investment amid market fluctuations.
Source: MarketBeat
Market Sentiment:
Positive
Frequently Asked Questions About BBY Stock
What is Best Buy Co., Inc.'s (BBY) stock forecast for 2027?
Based on our analysis of 5 Wall Street analysts, Best Buy Co., Inc. (BBY) has a median price target of $79.50. The highest price target is $90.00 and the lowest is $60.00.
Is BBY stock a good investment in 2027?
According to current analyst ratings, BBY has 5 Buy ratings, 18 Hold ratings, and 2 Sell ratings. The stock is currently trading at $81.65. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for BBY stock?
Wall Street analysts predict BBY stock could reach $79.50 in the next 12 months. This represents a -2.6% decrease from the current price of $81.65. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Best Buy Co., Inc.'s business model?
The company generates revenue primarily through the sale of a wide variety of electronics and appliances, both in physical stores and online. Best Buy enhances its business model with services like installation, technical support, and repair, which provide additional income streams and foster customer loyalty.
What is the highest forecasted price for BBY Best Buy Co., Inc.?
The highest price target for BBY is $90.00 from Michael Baker at DA Davidson, which represents a 10.2% increase from the current price of $81.65.
What is the lowest forecasted price for BBY Best Buy Co., Inc.?
The lowest price target for BBY is $60.00 from at , which represents a -26.5% decrease from the current price of $81.65.
What is the overall BBY consensus from analysts for Best Buy Co., Inc.?
The overall analyst consensus for BBY is neutral. Out of 5 Wall Street analysts, 5 rate it as Buy, 18 as Hold, and 2 as Sell, with a median price target of $79.50.
How accurate are BBY stock price projections?
Stock price projections, including those for Best Buy Co., Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: July 14, 2026 7:53 PM UTC