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BBY Stock Forecast: Best Buy Co., Inc. Price Predictions for 2026

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$62.60

-0.55 (-0.87%)

BBY Stock Forecast 2026-2027

$62.60
Current Price
$13.15B
Market Cap
26 Ratings
Buy 8
Hold 17
Sell 1
Wall St Analyst Ratings

Distance to BBY Price Targets

+43.8%
To High Target of $90.00
+19.8%
To Median Target of $75.00
-4.2%
To Low Target of $60.00

BBY Price Momentum

-6.1%
1 Week Change
-4.9%
1 Month Change
-11.0%
1 Year Change
-6.5%
Year-to-Date Change
-26.3%
From 52W High of $84.99
+13.8%
From 52W Low of $54.99
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Latest BBY Stock Price Targets & Analyst Predictions

Based on our analysis of 32 Wall Street analysts, BBY has a neutral consensus with a median price target of $75.00 (ranging from $60.00 to $90.00). The overall analyst rating is Buy (7.2/10). Currently trading at $62.60, the median forecast implies a 19.8% upside. This outlook is supported by 8 Buy, 17 Hold, and 1 Sell ratings.

The most optimistic forecast comes from Steven Forbes at Guggenheim, projecting a 43.8% upside. Conversely, the most conservative target is provided by Elizabeth Suzuki at B of A Securities, suggesting a 4.2% downside.

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

8
Buy
17
Hold
1
Sell

BBY Price Target Range

Low
$60.00
Average
$75.00
High
$90.00
Current: $62.60

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
Mar 4, 2026 Truist Securities Scot Ciccarelli Hold Maintains $66.00
Mar 4, 2026 Citigroup Steven Zaccone Neutral Maintains $69.00
Mar 4, 2026 Evercore ISI Group Greg Melich In-Line Maintains $75.00
Mar 4, 2026 BNP Paribas Chris Bottiglieri Neutral Maintains $74.00
Mar 4, 2026 Morgan Stanley Simeon Gutman Equal-Weight Maintains $72.00
Mar 4, 2026 Goldman Sachs Kate McShane Buy Maintains $76.00
Mar 4, 2026 Guggenheim Steven Forbes Buy Maintains $90.00
Mar 4, 2026 Piper Sandler Peter Keith Neutral Maintains $68.00
Feb 24, 2026 Wedbush Matthew McCartney Neutral Maintains $70.00
Feb 24, 2026 Telsey Advisory Group Joseph Feldman Outperform Maintains $95.00
Feb 23, 2026 Piper Sandler Peter Keith Neutral Maintains $71.00
Feb 18, 2026 Wells Fargo Zachary Fadem Equal-Weight Maintains $70.00
Feb 3, 2026 Evercore ISI Group Greg Melich In-Line Maintains $70.00
Feb 2, 2026 JP Morgan Christopher Horvers Neutral Downgrade $76.00
Jan 16, 2026 Truist Securities Hold Maintains $73.00
Jan 15, 2026 Morgan Stanley Simeon Gutman Equal-Weight Maintains $76.00
Jan 8, 2026 Barclays Seth Sigman Equal-Weight Maintains $77.00
Dec 9, 2025 Evercore ISI Group Greg Melich In-Line Maintains $80.00
Nov 26, 2025 Evercore ISI Group Greg Melich In-Line Maintains $85.00
Nov 26, 2025 Telsey Advisory Group Joseph Feldman Outperform Maintains $95.00

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 $13.15B with a P/E ratio of 12.9x. The company generates $41.69B in trailing twelve-month revenue with a 2.6% profit margin.

Revenue growth is -1.0% quarter-over-quarter, while maintaining an operating margin of +5.0% and return on equity of +37.0%.

Valuation Metrics

Market Cap $13.15B
Enterprise Value $16.00B
P/E Ratio 12.9x
PEG Ratio 0.0x
Price/Sales 0.3x

Growth & Margins

Revenue Growth (YoY) -1.0%
Gross Margin N/A
Operating Margin +5.0%
Net Margin +2.6%
EPS Growth +362.4%

Financial Health

Cash/Price Ratio +13.2%
Current Ratio 1.1x
Debt/Equity 139.4x
ROE +37.0%
ROA +7.5%
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Best Buy Co., Inc. logo

Best Buy Co., Inc. (BBY) Business Model

About Best Buy Co., Inc.

What They Do

Retailer of consumer electronics and services.

Business Model

The company operates an omnichannel business model, selling a wide range of technology products and appliances through both physical retail stores and online platforms. It generates revenue by providing consumers with access to the latest electronics and offering related services, including installation and tech support.

Additional Information

Founded in 1966 and headquartered in Richfield, Minnesota, Best Buy has established itself as a leader in the North American consumer technology market, catering to individual consumers looking for tech upgrades and household solutions.

Company Information

Sector

Consumer Cyclical

Industry

Specialty Retail

Employees

80,000

CEO

Ms. Corie Sue Barry

Country

United States

IPO Year

1985

Best Buy Co., Inc. (BBY) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

BBY Jumps 7% as Q4 Earnings Beat Signals Strong Strategic Execution

Best Buy rallies 7% as Q4 earnings beat, and Ads and Marketplace growth help cushion softer sales, supporting a steady fiscal 2027 outlook.

Mar 04, 2026 By Zacks Equity Research Analyst Blog

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Mar 03, 2026 By Mark Vickery Ahead of Wall Street

Latest News

BBY stock latest news image
Quick Summary

Best Buy Co., Inc. (BBY) presented at the UBS Global Consumer and Retail Conference, discussing key insights and strategies relevant to investors in the consumer retail sector.

Why It Matters

Best Buy's presentation at the UBS conference can signal strategic insights and future performance, influencing investor sentiment and stock valuations in the retail sector.

Source: Seeking Alpha
Market Sentiment: Neutral
BBY stock latest news image
Quick Summary

Best Buy (BBY) offers a 5.7% dividend yield, supported by a strong balance sheet, with expected 4% annual EPS and dividend growth. Its PE of 10.09 indicates a ~13% discount, suggesting potential returns.

Why It Matters

Best Buy's strong dividend yield, consistent growth, and attractive valuation suggest potential for reliable income and capital appreciation, appealing to long-term investors.

Source: Seeking Alpha
Market Sentiment: Positive
BBY stock latest news image
Quick Summary

Best Buy's Q4 earnings exceeded expectations, but the company is facing challenges in achieving significant growth.

Why It Matters

Best Buy's strong Q4 earnings may suggest operational efficiency, but stagnant growth raises concerns about future profitability and market competitiveness.

Source: The Motley Fool
Market Sentiment: Positive
BBY stock latest news image
Quick Summary

Best Buy Co Inc (NYSE: BBY) shares rose following an earnings beat, boosting analyst coverage and continuing the momentum from the previous day's rally.

Why It Matters

Best Buy's earnings beat and subsequent analyst coverage can boost investor confidence, potentially driving share prices higher and attracting new investment interest.

Source: Benzinga
Market Sentiment: Positive
BBY stock latest news image
Quick Summary

Best Buy's Q4 earnings exceeded expectations, leading to a 7% stock increase. Growth in Ads and Marketplace offsets weaker sales, supporting a stable outlook for fiscal 2027.

Why It Matters

Best Buy's 7% rally indicates strong investor confidence following better-than-expected Q4 earnings, bolstered by growth in Ads and Marketplace, suggesting resilience amid softer sales.

Source: Zacks Investment Research
Market Sentiment: Positive
BBY stock latest news image
Quick Summary

Best Buy's Board has declared a quarterly cash dividend of $0.96 per share, payable on April 14, 2026, to shareholders on record by March 24, 2026.

Why It Matters

Best Buy's quarterly dividend signals financial stability and commitment to returning value to shareholders, potentially boosting investor confidence and stock demand.

Source: Business Wire
Market Sentiment: Neutral

Frequently Asked Questions About BBY Stock

What is Best Buy Co., Inc.'s (BBY) stock forecast for 2026?

Based on our analysis of 32 Wall Street analysts, Best Buy Co., Inc. (BBY) has a median price target of $75.00. The highest price target is $90.00 and the lowest is $60.00.

Is BBY stock a good investment in 2026?

According to current analyst ratings, BBY has 8 Buy ratings, 17 Hold ratings, and 1 Sell ratings. The stock is currently trading at $62.60. 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 $75.00 in the next 12 months. This represents a 19.8% increase from the current price of $62.60. 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 operates an omnichannel business model, selling a wide range of technology products and appliances through both physical retail stores and online platforms. It generates revenue by providing consumers with access to the latest electronics and offering related services, including installation and tech support.

What is the highest forecasted price for BBY Best Buy Co., Inc.?

The highest price target for BBY is $90.00 from Steven Forbes at Guggenheim, which represents a 43.8% increase from the current price of $62.60.

What is the lowest forecasted price for BBY Best Buy Co., Inc.?

The lowest price target for BBY is $60.00 from Elizabeth Suzuki at B of A Securities, which represents a -4.2% decrease from the current price of $62.60.

What is the overall BBY consensus from analysts for Best Buy Co., Inc.?

The overall analyst consensus for BBY is neutral. Out of 32 Wall Street analysts, 8 rate it as Buy, 17 as Hold, and 1 as Sell, with a median price target of $75.00.

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: March 13, 2026 7:06 AM UTC
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