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Best Buy Co (BBY): analyst forecast and price target
Analyst consensus
Hold3 Buy11 Hold2 Sell
Ratings of 16 analysts in the last 3 months12-month forecast
Based on 16 price targets given in the last 3 months, the average target is $87.79, the highest $95.00, the lowest $71.00. The average is −5.2% from the last price of $92.63.
Analyst ratings 20
| Analyst | Firm | Price target | Rating | Upside | Action | Date | Move vs SPY | |
|---|---|---|---|---|---|---|---|---|
| AI xAi Specialty RetailxAI Grok-4 | TipRanks - xAI | $104 → $105+1.0% | Buy | +13.4% | Reiterated | 17.10.26on TipRanks Oct 16 23:05 | — | |
| AI DeepSeek Specialty RetailDeepSeek V3.2-Speciale | TipRanks - DeepSeek | $100 → $101+1.0% | Hold | +9.0% | Reiterated | 17.10.26on TipRanks Oct 16 23:05 | — | |
| AI OpenAI Specialty RetailOpenAI 5.2 | TipRanks - OpenAI | $102 → $103+1.0% | Hold | +11.2% | Reiterated | 17.10.26on TipRanks Oct 16 23:05 | — | |
| AI Anthropic Specialty RetailAnthropic Opus-4.6 | TipRanks - Anthropic | $103 → $105+1.9% | Buy | +13.4% | Reiterated | 17.10.26on TipRanks Oct 16 23:05 | — | |
| AI Google Specialty RetailGemini 3.1Pro | TipRanks - Google | $108 → $109+0.9% | Buy | +17.7% | Reiterated | 17.10.26on TipRanks Oct 16 23:05 | — | |
| AI PerPlexity Specialty RetailPerPlexity SonarPro | TipRanks - PerPlexity | $104 → $105+1.0% | Buy | +13.4% | Reiterated | 17.10.26on TipRanks Oct 16 23:05 | — | |
| Scot Ciccarelli★★★★★★★★★★#218 · hits 68% · avg +14.8% | Truist Financial | — | Buy | — | Reiterated | 29.09.26on TipRanks 08:11 | −1.1%next day −0.4% · 5 days −6.3% | ↗ |
| Greg Melich★★★★★★★★★★#1504 · hits 60% · avg +9.0% | Evercore ISI | $85.00 → $90.00+5.9% | Hold | −2.8% | Reiterated | 29.09.26on TipRanks 07:55 | −1.1%next day −0.4% · 5 days −6.3% | ↗ |
| Joe Feldman★★★★★★★★★★#1642 · hits 54% · avg +6.6% | Telsey Advisory | $95.00 | Buy | +2.6% | Reiterated | 22.09.26on TipRanks 09:15 | +1.7%next day −3.5% · 5 days −5.2% | ↗ |
| Chris Graja★★★★★★★★★★#782 · hits 70% · avg +12.9% | Argus Research | — | Hold | — | Reiterated | 09.09.26on TipRanks Sep 10 10:35 | −1.0%next day +0.7% · 5 days +6.1% | ↗ |
| Michael Baker★★★★★★★★★★#1121 · hits 58% · avg +8.1% | D.A. Davidson | $95.00 | Hold | +2.6% | Downgrade | 08.09.26on TipRanks 06:20 | −0.5%next day −1.0% · 5 days +5.5% | ↗ |
| Christopher Horvers★★★★★★★★★★#806 · hits 61% · avg +8.7% | J.P. Morgan | $87.00 → $95.00+9.2% | Hold | +2.6% | Reiterated | 01.09.26on TipRanks Sep 2 08:05 | +3.8%next day +4.8% · 5 days +6.5% | ↗ |
| Simeon Gutman★★★★★★★★★★#2057 · hits 58% · avg +4.5% | Morgan Stanley | $80.00 → $90.00+12.5% | Hold | −2.8% | Reiterated | 28.08.26on TipRanks 08:00 | −1.1%next day −2.5% · 5 days +9.4% | ↗ |
| Michael Lasser★★★★★★★★★★#195 · hits 68% · avg +16.4% | UBS | $86.00 → $90.00+4.7% | Hold | −2.8% | Assigned | 28.08.26on TipRanks 07:14 | −1.1%next day −2.5% · 5 days +9.4% | ↗ |
| Peter Keith★★★★★★★★★★#1599 · hits 49% · avg +7.2% | Piper Sandler | $85.00 | Hold | −8.2% | Reiterated | 28.08.26on TipRanks 07:14 | −1.1%next day −2.5% · 5 days +9.4% | ↗ |
| Kate McShane★★★★★★★★★★#2266 · hits 56% · avg +4.4% | Goldman Sachs | $62.00 → $71.00+14.5% | Sell | −23.4% | Reiterated | 28.08.26on TipRanks 06:30 | −1.1%next day −2.5% · 5 days +9.4% | ↗ |
| Zachary Fadem★★★★★★★★★★#5702 · hits 54% · avg +0.9% | Wells Fargo | $85.00 | Hold | −8.2% | Assigned | 28.08.26on TipRanks 04:55 | −1.1%next day −2.5% · 5 days +9.4% | ↗ |
| Seth Sigman★★★★★★★★★★#12066 · hits 52% · avg −5.6% | Barclays | $85.00 | Hold | −8.2% | Reiterated | 28.08.26on TipRanks 04:25 | −1.1%next day −2.5% · 5 days +9.4% | ↗ |
| Steven Forbes★★★★★★★★★★#1350 · hits 55% · avg +10.0% | Guggenheim | $90.00 → $95.00+5.6% | Buy | +2.6% | Reiterated | 27.08.26on TipRanks Aug 28 07:14 | −5.1%next day −1.1% · 5 days +4.4% | ↗ |
| Christopher Nardone★★★★★★★★★★#1869 · hits 53% · avg +11.9% | Bank of America Securities | $80.00 | Sell | −13.6% | Reiterated | 27.08.26on TipRanks Aug 28 06:35 | −5.1%next day −1.1% · 5 days +4.4% | ↗ |
| Steven Zaccone★★★★★★★★★★#7822 · hits 48% · avg +0.2% | Citi | $79.00 → $88.00+11.4% | Hold | −5.0% | Reiterated | 14.08.26on TipRanks Aug 13 12:05 | +2.1%next day +1.5% · 5 days +2.4% | ↗ |
| Jonathan Matuszewski★★★★★★★★★★#1972 · hits 54% · avg +7.6% | Jefferies | $89.00 → $85.00−4.5% | Hold | −8.2% | Downgrade | 05.08.26on TipRanks 04:50 | −1.9%next day −5.1% · 5 days −2.1% | ↗ |
| Anthony Chukumba★★★★★★★★★★#499 · hits 67% · avg +12.8% | Loop Capital Markets | $82.00 | Hold | −11.5% | Downgrade | 13.07.26on TipRanks 05:25 | −0.6%next day +2.5% · 5 days +5.2% | ↗ |
| Bradley Thomas★★★★★★★★★★#516 · hits 62% · avg +13.1% | KeyBanc | — | Hold | — | Reiterated | 22.06.26on TipRanks 02:25 | +2.0%next day +0.3% · 5 days +2.6% | ↗ |
| Unknown Analyst | Raymond James | — | Hold | — | Reiterated | 29.05.26on TipRanks 08:35 | +4.0%next day −4.1% · 5 days −5.7% | |
| Matt McCartney | Wedbush | $75.00 | Hold | −19.0% | Reiterated | 29.05.26on TipRanks 08:30 | +4.0%next day −4.1% · 5 days −5.7% | ↗ |
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The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included
Best analysts covering Best Buy Co
TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.
Most accurate
Most profitable
How the average price target moved
The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $87.40 at a price of $88.24 (−1.0%); now: $87.79 at $92.63 (−5.2%).
PriceAverage targetTop analysts’ target
Recommendation trend
Strong BuyBuyHoldSell
| Rating | 05.26 | 06.26 | 07.26 | 08.26 | 09.26 | 10.26 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 10 | 12 | 11 | 14 | 10 | 10 |
| Hold | 19 | 17 | 16 | 17 | 16 | 15 |
| Sell | 5 | 4 | 2 | 3 | 3 | 3 |
Earnings and sales forecast
Next report: 24.11.26 (Q3 2027, date not confirmed)
Earnings per share
Next quarter’s EPS estimate — $1.49 (from $1.37 to $1.55). Last quarter: $1.47.
Sales
Next quarter’s sales estimate — $9.9B (from $9.8B to $9.9B). Last quarter: $9.8B.
Best top-analyst consensus in the sector · Consumercyclical
About Best Buy Co
- CEO: Corie Sue Barry
- Employees: 82,000
- 7601 Penn Avenue South, Richfield, MN, 55423, US
- investors.bestbuy.com/overview/default.aspx
Best Buy Co., Inc. operates as a prominent technology retailer across the United States and Canada. Its business structure is segmented into Domestic and International operations. The company's extensive product selection includes a wide array of computing devices such as desktops, notebooks, and associated peripherals, alongside mobile phones (which generate commissions from network carriers), networking equipment, and tablets (including e-readers). Customers can also find smartwatches and various consumer electronics, encompassing digital imaging devices, health and fitness gadgets, home theater systems, portable audio solutions (like headphones and speakers), and smart home products. Beyond electronics, Best Buy also supplies household appliances such as dishwashers, laundry machines, ovens, refrigerators, blenders, coffee makers, and vacuum cleaners. For entertainment, their offerings range from drones, movies, music, and toys to gaming hardware and software, including virtual reality products. Additionally, the company stocks miscellaneous items like baby products, food and beverages, luggage, outdoor living essentials, and sporting goods. In terms of services, Best Buy provides consultation, delivery, design assistance, health-related programs, installation, membership benefits, repair work, product setup, technical support, and warranty services. Products are distributed through both physical stores and online platforms, operating under various brand names including Best Buy, Best Buy Ads, Best Buy Business, Best Buy Health, CST, Current Health, Geek Squad, Lively, Magnolia, Best Buy Mobile, Pacific Kitchen, Home, and Yardbird. Their primary online presence is via bestbuy.com, currenthealth.com, lively.com, yardbird.com, and bestbuy.ca. As of January 30, 2022, the company maintained a network of 1,144 retail locations. Originally established in 1966 as Sound of Music, Inc., the corporation is headquartered in Richfield, Minnesota.
Data from the stock’s TipRanks forecast page, read 55 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗