Best Buy (BBY) Stock Overview
Offers technology products and solutions in the United States, Canada, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 6/6 |
BBY Community Fair Values
Create NarrativeSee what 107 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
Best Buy
9.8% overvalued intrinsic discount
Neutral for an average person like me.
View narrativeSE
Published 6 Dec 2024
Best Buy Co., Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$92.45 |
| 52 Week High | US$95.81 |
| 52 Week Low | US$55.10 |
| Beta | 1.3 |
| 1 Month Change | 8.20% |
| 3 Month Change | 23.71% |
| 1 Year Change | 24.06% |
| 3 Year Change | 30.67% |
| 5 Year Change | -13.44% |
| Change since IPO | 38,801.26% |
Recent News & Updates
Narrative Update • Sep 03
BBY: AI Demand And Leadership Transitions Will Shape Balanced Earnings Outlook
Analysts have lifted the Best Buy fair value estimate from $82.35 to $86.70, reflecting higher Street price targets in the $85 to $95 range, supported by expectations for better Q2 comparable sales, solid credit card trends, and potential benefits from new product cycles and AI related consumer demand, even as some firms flag near term execution and demand risks. Analyst Commentary Recent research on Best Buy shows a split between bullish analysts who see room for upside if execution stays on track and more cautious voices who think the current share price already reflects much of the near term good news.Analysis Article • Aug 30
Results: Best Buy Co., Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Best Buy Co., Inc. ( NYSE:BBY ) shareholders are probably feeling a little disappointed, since its shares fell 4.0% to...Recent updates
Narrative Update • Sep 03
BBY: AI Demand And Leadership Transitions Will Shape Balanced Earnings Outlook
Analysts have lifted the Best Buy fair value estimate from $82.35 to $86.70, reflecting higher Street price targets in the $85 to $95 range, supported by expectations for better Q2 comparable sales, solid credit card trends, and potential benefits from new product cycles and AI related consumer demand, even as some firms flag near term execution and demand risks. Analyst Commentary Recent research on Best Buy shows a split between bullish analysts who see room for upside if execution stays on track and more cautious voices who think the current share price already reflects much of the near term good news.Analysis Article • Aug 30
Results: Best Buy Co., Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Best Buy Co., Inc. ( NYSE:BBY ) shareholders are probably feeling a little disappointed, since its shares fell 4.0% to...Narrative Update • Aug 15
BBY: AI Upgrade Cycle And New Leadership Will Shape Earnings Resilience
Best Buy's analyst fair value estimate has moved from $79.15 to $82.35 as analysts factor in a series of higher Street price targets that reference improving Q2 trends, replacement demand, new product cycles, and early benefits from AI related consumer interest, while still acknowledging mixed views on how much of this is already reflected in the stock. Analyst Commentary Street research on Best Buy reflects a mix of enthusiasm and caution.
Narrative Update • Jul 31
BBY: Future Upside Will Depend On Risky Big Ticket Demand Cycles
The analyst price target for Best Buy has been updated higher from $62.00 to $65.05. This reflects adjustments to revenue growth, profit margin, discount rate and future P/E assumptions that analysts link to stronger recent research commentary and a more balanced view of risks such as leadership transitions and consumer electronics demand.Seeking Alpha • Jul 31
Best Buy: Resurgent Comp Sales Paired With Expanding Multiples (Rating Downgrade)
Summary Best Buy has surged over 50% from May lows, driven by a sharp recovery in comp sales and renewed investor interest in retail. BBY's sales strength in mobile and computing, plus expansion into marketplace and advertising, offer meaningful margin catalysts. Commodity inflation and weak appliance sales pose risks, while recent price increases may not fully benefit BBY's bottom line. With BBY trading at 12.4x FY27 P/E and guidance unchanged, I move to neutral as valuation now reflects recent outperformance. Read the full article on Seeking AlphaNarrative Update • Jul 16
BBY: Upgrade Cycle And Leadership Changes Will Shape Earnings Resilience
The analyst fair value estimate for Best Buy has been raised from $72.50 to $79.15. This change reflects a shift toward higher P/E assumptions and broadly more constructive Street price targets, even as some analysts flag valuation, leadership transitions, and consumer electronics demand as sources of near-term risk.Narrative Update • Jul 02
BBY: Future Earnings Will Rely On Uncertain Big Ticket Replacement Cycles
Best Buy's updated fair value estimate has moved from about $60.26 to $62.00 as analysts lift price targets across the board, pointing to stronger Q1 results, product refresh cycles in key categories, and early signs of a replacement cycle in TVs and appliances. Analyst Commentary Street research around Best Buy has turned more constructive on the near term Q1 performance and product cycles, but it is not uniformly bullish.
Narrative Update • Jun 18
BBY: Replacement Cycle And Experiential Retail Initiatives Will Support Future Margins
Best Buy's analyst fair value estimate has been adjusted from $87.92 to $90.00 as analysts factor in recent price target increases across the Street tied to Q1 upside, emerging replacement and innovation cycles in key categories, and expectations for earnings supported by both higher estimates and a modestly higher future P/E multiple. Analyst Commentary Street research on Best Buy centers on better than expected Q1 execution, replacement activity in key hardware categories, and higher earnings estimates.Analysis Article • Jun 16
Best Buy (BBY) Stock Could Be 6.8% Overvalued After Earnings And New Store Partnerships
Best Buy (BBY) stock has been in focus after earnings highlighted strong cash conversion, alongside fresh store partnerships with Meta and GEEKOM, raising questions about how these moves might shape future cash generation. See our latest analysis for Best Buy. Best Buy’s recent earnings, Meta Lab roll out and new GEEKOM Mini PC partnership come after a sharp 37.54% 30 day share price return. However, the 5 year total shareholder return of an 11.58% decline shows that longer term momentum has...Narrative Update • Jun 03
BBY: Future Earnings Will Depend On Uncertain High Ticket Category Recovery
Best Buy's analyst price target has moved higher, with several firms lifting their targets into a roughly $65 to $90 range as analysts point to Q1 sales and earnings beats, signs of replacement and innovation cycles across key categories like computing, home theater, TVs and appliances, and continued execution on market share and new product launches. Analyst Commentary Across Wall Street, commentary around Best Buy has turned more constructive on the near term after Q1 sales and earnings topped expectations, with several firms lifting their price targets into the mid $60s to around $90.Narrative Update • May 10
BBY: Margin Initiatives And Cost Discipline Will Support Earnings Resilience
Analysts have trimmed their average price targets on Best Buy by mid to high single digit dollar amounts, generally citing softer traffic, competitive pressure in consumer electronics, and tempered expectations for same store sales and earnings growth, despite recent profitability beats. Analyst Commentary Recent research on Best Buy clusters around a mixed but generally cautious view, with analysts adjusting price targets in both directions as they weigh solid execution against softer traffic and a competitive consumer electronics backdrop.Narrative Update • Apr 22
BBY: Cost Discipline And New Profit Streams Will Offset Competitive Pressures
The analyst price target for Best Buy edges down to $72.50 from $74.85 as analysts factor in softer projected revenue growth, a slightly higher discount rate, and a more modest future P/E assumption, partly offset by stable profitability expectations. Analyst Commentary Street research on Best Buy has turned more cautious overall, with many firms trimming price targets even when acknowledging solid Q4 execution and stable profitability.Narrative Update • Apr 06
BBY: Cost Discipline And Newer Initiatives Will Support Future Margins
Best Buy's analyst price targets have generally trended lower by roughly $5 to $15, into a range of $66 to $83, as analysts factor in softer comparable sales, competitive pressure in consumer electronics, and slightly lower forward earnings estimates, despite Q4 results that were better than many expected. Analyst Commentary Recent research on Best Buy reflects a tighter cluster of price targets, generally in the mid to high US$60s and low US$80s, as analysts update their models following the latest Q4 print and 2026 guidance.Narrative Update • Mar 23
BBY: Cost Discipline And New Revenue Streams Will Support Future Returns
Analysts have reduced the blended price target for Best Buy by about $8, reflecting tempered revenue growth expectations and tougher competitive trends, even as they point to resilient profitability and cost discipline. Analyst Commentary Recent Street research around Best Buy centers on a cluster of price target cuts that follow Q4 results and updated guidance, but the narrative is not one sided.Narrative Update • Mar 09
BBY: Cost Discipline And New Profit Streams Will Support Future Earnings
The analyst price target in our model for Best Buy has been lowered from $82.38 to $74.85. This reflects how analysts are trimming earnings expectations and P/E assumptions after Q4 results and updated guidance, even as they highlight solid cost control, resilient profitability and ongoing competitive pressures in consumer electronics.Narrative Update • Feb 23
BBY: Cost Discipline And Alternative Profit Streams Will Support Future Earnings
Analysts have trimmed their average price targets on Best Buy by single digits into the $70 to $99 range, reflecting growing caution around FY27 earnings power. At the same time, they highlight stable EBIT margins, ongoing cost discipline and support from newer initiatives and product cycles.Narrative Update • Feb 09
BBY: Alternative Profit Streams And Cost Discipline Will Support Earnings Power
Analysts have lowered their Best Buy fair value estimate to $96.00 from $99.34, reflecting reduced price targets across several firms and a view that higher required returns and slightly softer margin assumptions now offset more constructive expectations for revenue and P/E multiples. Analyst Commentary Recent Street research on Best Buy reflects a mix of trimmed and raised price targets, but there is a clear pocket of bullish commentary around execution, category trends and earnings potential.Narrative Update • Jan 25
BBY: Replacement Cycles And New Profit Streams Will Support Future Earnings
Analysts have trimmed their average price targets for Best Buy by a few dollars, reflecting slightly lower fair value estimates and growth assumptions. They continue to cite solid execution, replacement cycle support, and potential upside from newer initiatives and alternative profit streams.Narrative Update • Jan 10
BBY: Limited Upside As Higher Margin Category Recovery Will Remain Uncertain
Analysts have made only a modest adjustment to their fair value estimate for Best Buy to about $63.68 from $63.00. This reflects updated views on discount rates, slightly higher long term revenue growth, broadly stable profit margins, and a marginally higher future P/E multiple, consistent with recent price target moves that balance solid execution with mixed demand signals and category recovery expectations.Narrative Update • Dec 25
BBY: Alternative Profit Streams Will Drive Future Earnings And Margin Expansion
Analysts have nudged their blended price targets for Best Buy modestly higher, now clustering in the low to mid 90 dollar range from the high 80s previously. They point to solid execution, market share gains, and emerging alternative profit streams that are expected to support steady earnings and margin expansion.Narrative Update • Dec 11
BBY: Alternative Profit Streams Will Support Future Earnings And Margin Expansion
Analysts have nudged our Best Buy fair value estimate slightly lower to approximately $83.90 per share, reflecting a modestly higher discount rate, even as they raise price targets into the low to high $90s on continued market share gains, improved comps, and expectations that newer initiatives and alternative profit streams will support durable earnings and margin growth. Analyst Commentary Bullish analysts remain broadly constructive on Best Buy, pointing to consistent execution, market share gains, and rising alternative profit streams as key supports for both earnings power and valuation.Narrative Update • Nov 27
BBY: Ongoing Execution And Profit Stream Expansion Will Support Future Performance Amid Risks
Best Buy's fair value estimate has increased from $81.38 to $83.95. Analysts cite strong execution, market share gains, and an improved earnings outlook as primary drivers for the upward revision in price targets.Narrative Update • Nov 07
BBY: Future Marketplace Expansion and Profit Streams Will Offset Margin Pressures
Best Buy's analyst price target has increased from $88 to $95, as analysts highlight stronger gross margin prospects and renewed confidence in alternative profit streams. This is supporting a more favorable business outlook.Narrative Update • Oct 24
Retail Media Momentum And E-Commerce Expansion Will Shape Future Results
Best Buy’s analyst price target increased modestly, rising by $1 to $95. Analysts cited renewed confidence in retail media expansion, alternative profit streams, and robust recent earnings performance to support this adjustment.Narrative Update • Aug 29
AI-Driven Personalization Will Improve Consumer Engagement And Conversion Rates
Analysts have raised Best Buy’s price target to $78.76, citing optimism over the U.S. digital marketplace launch and expected SKU expansion, though some remain cautious on execution risks and near-term profitability. Analyst Commentary Bullish analysts highlight the significant growth potential from Best Buy's third-party digital marketplace launch, expecting a broad increase in the variety of products and vendors.Shareholder Returns
| BBY | US Specialty Retail | US Market | |
|---|---|---|---|
| 7D | 5.0% | -3.2% | -1.1% |
| 1Y | 24.1% | -15.6% | 11.7% |
Return vs Industry: BBY exceeded the US Specialty Retail industry which returned -15.6% over the past year.
Return vs Market: BBY exceeded the US Market which returned 11.7% over the past year.
Price Volatility
| BBY volatility | |
|---|---|
| BBY Average Weekly Movement | 5.0% |
| Specialty Retail Industry Average Movement | 7.5% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.2% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: BBY has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: BBY's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1966 | 82,000 | Corie Barry | corporate.bestbuy.com |
Best Buy Co., Inc. offers technology products and solutions in the United States, Canada, and internationally. The company provides computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, portable audio comprising headphones and portable speakers, and smart home products, as well as home theaters that includes home theater accessories, soundbars, and televisions. It also offers appliances, such as dishwashers, laundry, ovens, refrigerators, blenders, coffee makers, vacuums, and personal care; entertainment products consisting of drones, peripherals, gaming, toys, and virtual reality, as well as hardware and software, and augmented reality glasses and other software products; and other products, such as baby, food and beverage, luggage, and outdoor living products.
Best Buy Co., Inc. Fundamentals Summary
| BBY fundamental statistics | |
|---|---|
| Market cap | US$19.56b |
| Earnings (TTM) | US$1.27b |
| Revenue (TTM) | US$42.20b |
15.2x
P/E Ratio0.5x
P/S RatioIs BBY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BBY income statement (TTM) | |
|---|---|
| Revenue | US$42.20b |
| Cost of Revenue | US$32.67b |
| Gross Profit | US$9.54b |
| Other Expenses | US$8.26b |
| Earnings | US$1.27b |
Last Reported Earnings
Aug 01, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 6.07 |
| Gross Margin | 22.60% |
| Net Profit Margin | 3.01% |
| Debt/Equity Ratio | 36.0% |
How did BBY perform over the long term?
See historical performance and comparisonDividends
4.2%
Current Dividend Yield63%
Payout RatioDoes BBY pay a reliable dividends?
See BBY dividend history and benchmarks| Best Buy dividend dates | |
|---|---|
| Ex Dividend Date | Sep 17 2026 |
| Dividend Pay Date | Oct 08 2026 |
| Days until Ex dividend | 0 days |
| Days until Dividend pay date | 21 days |
Does BBY pay a reliable dividends?
See BBY dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/16 04:10 |
| End of Day Share Price | 2026/09/16 00:00 |
| Earnings | 2026/08/01 |
| Annual Earnings | 2026/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Best Buy Co., Inc. is covered by 46 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Seth Sigman | Barclays |
| Michael Lasser | Barclays |