Missedย NVDA?
Donโt Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ Best Buy Co., Inc. (BBY) Stock Forecast & Price Prediction United States | NYSE | Consumer Cyclical | Specialty Retail
$62.60
-0.55 (-0.87%)Did BBY Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Best Buy is one of their latest high-conviction picks.
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.
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 |
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. 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%.
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ tracked and updated every Monday and Thursday.
Retailer of consumer electronics and services.
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.
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.
Consumer Cyclical
Specialty Retail
80,000
Ms. Corie Sue Barry
United States
1985
Best Buy rallies 7% as Q4 earnings beat, and Ads and Marketplace growth help cushion softer sales, supporting a steady fiscal 2027 outlook.
Crude Oil Prices Close to 2-Year High.
Yesterday, indexes mostly fought back to near breakeven, so a lower open today won't necessarily mean doom and gloom.
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.
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.
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.
Best Buy's strong dividend yield, consistent growth, and attractive valuation suggest potential for reliable income and capital appreciation, appealing to long-term investors.
Best Buy's Q4 earnings exceeded expectations, but the company is facing challenges in achieving significant growth.
Best Buy's strong Q4 earnings may suggest operational efficiency, but stagnant growth raises concerns about future profitability and market competitiveness.
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.
Best Buy's earnings beat and subsequent analyst coverage can boost investor confidence, potentially driving share prices higher and attracting new investment interest.
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.
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.
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.
Best Buy's quarterly dividend signals financial stability and commitment to returning value to shareholders, potentially boosting investor confidence and stock demand.
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.
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.
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.
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.
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.
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.
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.
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.
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.