Best Buy Reports Strong Q3 Earnings and Increased Revenues Driven by Higher Comparable Sales
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 26 2025
0mins
Should l Buy BBY?
Source: NASDAQ.COM
Strong Q3 Performance: Best Buy reported robust third-quarter fiscal 2026 results, with revenues and earnings exceeding estimates and showing year-over-year growth, prompting management to raise its full-year guidance.
Strategic Investments and Innovations: The company is enhancing its technology platform and expanding its marketplace offerings, including the launch of the self-serve platform My Ads, while also leveraging AI to improve customer support and operational efficiency.
Product Launches and Holiday Preparations: Best Buy has introduced new products, including AI glasses from Meta, and is preparing for the holiday season with a focus on popular gaming items and a comprehensive trade-in program to attract customers.
Future Outlook: For fiscal 2026, Best Buy anticipates revenue growth and adjusted earnings per share between $6.15 and $6.30, while also planning to manage expenses and maintain a competitive edge through marketing and fulfillment strategies.
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Analyst Views on BBY
Wall Street analysts forecast BBY stock price to rise
12 Analyst Rating
4 Buy
7 Hold
1 Sell
Hold
Current: 64.870
Low
60.00
Averages
79.75
High
96.00
Current: 64.870
Low
60.00
Averages
79.75
High
96.00
About BBY
Best Buy Co., Inc. is engaged in personalizing and humanizing technology solutions. The Company has two segments: Domestic and International. The Domestic segment comprises its operations in all states, districts and territories of the United States and its Best Buy Health business and includes the brand names Best Buy, Best Buy Ads, Best Buy Business, Best Buy Essentials, Best Buy Health, Geek Squad, Imagine That, Insignia, Lively, My Best Buy, My Best Buy Memberships, Pacific Kitchen and Home, TechLiquidators and Yardbird; and the domain names bestbuy.com, lively.com, techliquidators.com and yardbird.com. The International segment comprises all its operations in Canada under the brand names Best Buy, Best Buy Express, Best Buy Mobile, Geek Squad and TechLiquidators and the domain names bestbuy.ca and techliquidators.ca. The Company’s product categories include computing and mobile phones, consumer electronics, appliances, entertainment, services and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Call Option Returns: Selling a call option at a $68.00 strike price allows investors to collect a $2.51 premium on the current stock price of $67.49, resulting in a total return of 4.47% if the stock is called away, though it risks missing out on further upside potential.
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- Stocks Retained: JPMorgan maintains its bullish stance on Boeing and Microsoft, despite a sell-off in Microsoft shares due to slight misses in cloud service growth; the bank reiterates its overweight rating, emphasizing the importance of the Azure revenue base.
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