Surprising Analyst 12-Month Target For FXD
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 08 2025
0mins
Source: NASDAQ.COM
ETF Analyst Target Prices: The First Trust Consumer Discretionary AlphaDEX Fund ETF (FXD) has an implied analyst target price of $68.45, indicating a potential upside of 17.13% from its current trading price of $58.44.
Notable Holdings with Upside Potential: Key underlying holdings such as Mattel Inc, Lithia Motors Inc, and Best Buy Inc show significant upside potential based on analyst targets, with expected increases ranging from approximately 28.91% to 33.68%.
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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: 64.540
Low
60.00
Averages
79.75
High
96.00
Current: 64.540
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.
Best Buy Set to Announce Q1 Earnings on May 28
- Earnings Announcement Timing: Best Buy is set to release its Q1 earnings report on May 28 before market open, with consensus EPS estimate at $1.23, reflecting a 7% year-over-year increase, which will be a crucial financial indicator in the current economic climate.
- Revenue Expectations: The anticipated revenue for Q1 is $8.83 billion, representing a 0.7% year-over-year growth, indicating that despite facing sales headwinds, the company is striving to maintain revenue growth, showcasing its market adaptability.
- Historical Performance Review: Over the past two years, Best Buy has exceeded EPS estimates 88% of the time and revenue estimates 50% of the time, demonstrating stability in profitability, although the lower exceedance rate for revenue estimates raises concerns.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen 4 upward revisions and 10 downward revisions, while revenue estimates have experienced 1 upward revision and 13 downward revisions, reflecting a cautious market sentiment regarding Best Buy's future performance.
See More
Best Buy Declares $0.96 Quarterly Dividend Amid Sales Improvement
- Quarterly Dividend Announcement: Best Buy has declared a quarterly dividend of $0.96 per share, consistent with previous distributions, indicating the company's ongoing ability to maintain stable cash flow, which is likely to attract income-seeking investors.
- Dividend Yield: The forward yield of 5.95% not only reflects the company's commitment to shareholder returns but may also enhance the stock's appeal in the current economic climate, where investors are seeking reliable income sources.
- Shareholder Record Date: The dividend will be payable on July 9, with a record date of June 18 and an ex-dividend date also set for June 18, ensuring that shareholders can receive their returns promptly, thereby bolstering investor confidence.
- Financial Performance Improvement: Despite facing sales headwinds, Best Buy demonstrated broad-based sales improvement in Q1, with a non-GAAP EPS of $1.28 beating estimates by $0.05 and revenue of $8.94 billion exceeding expectations by $110 million, indicating the company's growth potential even in challenging conditions.
See More
Best Buy: Shaky Fundamentals but Attractive Dividends
- Fundamental Analysis: Despite facing sales headwinds, analysts highlight Best Buy's low P/E ratio and stable dividends, making it attractive to income-seeking investors in a challenging market.
- Acquisition Potential: There is a prevailing market sentiment that Best Buy's potential acquisition could provide significant upside, especially in the current economic climate, as consolidation may enhance resource integration and market competitiveness.
- Investor Conference: At the UBS Global Consumer and Retail Conference, Best Buy outlined its future strategies, emphasizing the importance of maintaining profitability in uncertain markets, which could influence investor confidence positively.
- Earnings Preview: Best Buy is set to release its Q1 2027 earnings report, with the market eager for insights on sales trends and profitability to assess future growth potential.
See More
Best Buy Beats Q1 Earnings Estimates and Provides Strong Guidance
- Revenue Growth: Best Buy's total revenue for Q1 increased by 1.9% year-over-year to $8.94 billion, with domestic revenue rising 1.5% to $8.25 billion, primarily driven by strong performance in gaming, computing, and mobile phones, indicating stability in core operations.
- Gross Margin Improvement: The domestic gross profit margin improved to 23.7% from 23.5% last year, exceeding market expectations, reflecting growth in marketplace and advertising segments alongside better performance in traditional services, despite a decline in product margins.
- International Performance: International revenue rose by 7.3% to $687 million, primarily due to a 4.7% increase in comparable sales and favorable foreign exchange impacts, showcasing Best Buy's ability to expand in global markets.
- Outlook: Best Buy anticipates FY27 revenue between $41.2 billion and $42.1 billion, with adjusted EPS projected at $6.30 to $6.60, demonstrating confidence in future growth, particularly with strong comparable sales growth noted in May.
See More
Best Buy Reports 2% Sales Growth in Q1
- Sales Growth Highlight: Best Buy reported a 2% increase in comparable sales for the first quarter ending May 2, 2026, exceeding expectations due to positive performance across most major product categories and strong results from advertising and marketplace initiatives.
- Profitability Improvement: The adjusted operating income rate rose to 4.1% from 3.8% last year, indicating enhanced cost control and operational efficiency, with expectations for the second quarter adjusted operating income rate to remain around 3.9%, reflecting stable profitability.
- Financial Guidance Reaffirmed: The company reaffirmed its fiscal 2027 financial guidance, projecting revenue between $41.2 billion and $42.1 billion, with comparable sales changes ranging from a decline of 1.0% to an increase of 1.0%, and adjusted EPS expected between $6.30 and $6.60, demonstrating confidence in future performance.
- Dividend Payment Announcement: The board has authorized a regular quarterly cash dividend of $0.96 per share, payable on July 9, 2026, to shareholders of record as of June 18, 2026, reflecting the company's commitment to shareholder returns while enhancing investor confidence in the market.
See More
Significant Stock Movements for Multiple Companies
- Dollar Tree Earnings Beat: Dollar Tree reported adjusted earnings of $1.74 per share for Q1, exceeding analyst expectations of $1.53, leading to an over 11% stock surge, while the partnership with DoorDash enhances its competitive edge through on-demand delivery.
- Salesforce Guidance Adjustment: Salesforce guided for current-quarter revenue between $11.27 billion and $11.35 billion, falling short of the $11.36 billion expected by analysts, resulting in a 1% stock decline; however, the raised full-year earnings guidance indicates confidence in future growth.
- Agilent Raises Earnings Outlook: Agilent Technologies increased its full-year adjusted earnings guidance to between $6 and $6.10 per share, surpassing previous estimates of $5.90 to $6.04, causing a 9% stock increase that reflects strong performance in the healthcare equipment sector.
- Snowflake Soars: Snowflake plans to invest $6 billion in Amazon Web Services over five years and reported Q1 adjusted earnings of $0.39 per share and revenue of $1.39 billion, both exceeding market expectations, resulting in a nearly 37% stock increase.
See More
Best Buy Set to Announce Q1 Earnings on May 28
- Earnings Announcement Timing: Best Buy is set to release its Q1 earnings report on May 28 before market open, with consensus EPS estimate at $1.23, reflecting a 7% year-over-year increase, which will be a crucial financial indicator in the current economic climate.
- Revenue Expectations: The anticipated revenue for Q1 is $8.83 billion, representing a 0.7% year-over-year growth, indicating that despite facing sales headwinds, the company is striving to maintain revenue growth, showcasing its market adaptability.
- Historical Performance Review: Over the past two years, Best Buy has exceeded EPS estimates 88% of the time and revenue estimates 50% of the time, demonstrating stability in profitability, although the lower exceedance rate for revenue estimates raises concerns.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen 4 upward revisions and 10 downward revisions, while revenue estimates have experienced 1 upward revision and 13 downward revisions, reflecting a cautious market sentiment regarding Best Buy's future performance.
See More
Best Buy Declares $0.96 Quarterly Dividend Amid Sales Improvement
- Quarterly Dividend Announcement: Best Buy has declared a quarterly dividend of $0.96 per share, consistent with previous distributions, indicating the company's ongoing ability to maintain stable cash flow, which is likely to attract income-seeking investors.
- Dividend Yield: The forward yield of 5.95% not only reflects the company's commitment to shareholder returns but may also enhance the stock's appeal in the current economic climate, where investors are seeking reliable income sources.
- Shareholder Record Date: The dividend will be payable on July 9, with a record date of June 18 and an ex-dividend date also set for June 18, ensuring that shareholders can receive their returns promptly, thereby bolstering investor confidence.
- Financial Performance Improvement: Despite facing sales headwinds, Best Buy demonstrated broad-based sales improvement in Q1, with a non-GAAP EPS of $1.28 beating estimates by $0.05 and revenue of $8.94 billion exceeding expectations by $110 million, indicating the company's growth potential even in challenging conditions.
See More
Best Buy: Shaky Fundamentals but Attractive Dividends
- Fundamental Analysis: Despite facing sales headwinds, analysts highlight Best Buy's low P/E ratio and stable dividends, making it attractive to income-seeking investors in a challenging market.
- Acquisition Potential: There is a prevailing market sentiment that Best Buy's potential acquisition could provide significant upside, especially in the current economic climate, as consolidation may enhance resource integration and market competitiveness.
- Investor Conference: At the UBS Global Consumer and Retail Conference, Best Buy outlined its future strategies, emphasizing the importance of maintaining profitability in uncertain markets, which could influence investor confidence positively.
- Earnings Preview: Best Buy is set to release its Q1 2027 earnings report, with the market eager for insights on sales trends and profitability to assess future growth potential.
See More
Best Buy Beats Q1 Earnings Estimates and Provides Strong Guidance
- Revenue Growth: Best Buy's total revenue for Q1 increased by 1.9% year-over-year to $8.94 billion, with domestic revenue rising 1.5% to $8.25 billion, primarily driven by strong performance in gaming, computing, and mobile phones, indicating stability in core operations.
- Gross Margin Improvement: The domestic gross profit margin improved to 23.7% from 23.5% last year, exceeding market expectations, reflecting growth in marketplace and advertising segments alongside better performance in traditional services, despite a decline in product margins.
- International Performance: International revenue rose by 7.3% to $687 million, primarily due to a 4.7% increase in comparable sales and favorable foreign exchange impacts, showcasing Best Buy's ability to expand in global markets.
- Outlook: Best Buy anticipates FY27 revenue between $41.2 billion and $42.1 billion, with adjusted EPS projected at $6.30 to $6.60, demonstrating confidence in future growth, particularly with strong comparable sales growth noted in May.
See More
Best Buy Reports 2% Sales Growth in Q1
- Sales Growth Highlight: Best Buy reported a 2% increase in comparable sales for the first quarter ending May 2, 2026, exceeding expectations due to positive performance across most major product categories and strong results from advertising and marketplace initiatives.
- Profitability Improvement: The adjusted operating income rate rose to 4.1% from 3.8% last year, indicating enhanced cost control and operational efficiency, with expectations for the second quarter adjusted operating income rate to remain around 3.9%, reflecting stable profitability.
- Financial Guidance Reaffirmed: The company reaffirmed its fiscal 2027 financial guidance, projecting revenue between $41.2 billion and $42.1 billion, with comparable sales changes ranging from a decline of 1.0% to an increase of 1.0%, and adjusted EPS expected between $6.30 and $6.60, demonstrating confidence in future performance.
- Dividend Payment Announcement: The board has authorized a regular quarterly cash dividend of $0.96 per share, payable on July 9, 2026, to shareholders of record as of June 18, 2026, reflecting the company's commitment to shareholder returns while enhancing investor confidence in the market.
See More
Significant Stock Movements for Multiple Companies
- Dollar Tree Earnings Beat: Dollar Tree reported adjusted earnings of $1.74 per share for Q1, exceeding analyst expectations of $1.53, leading to an over 11% stock surge, while the partnership with DoorDash enhances its competitive edge through on-demand delivery.
- Salesforce Guidance Adjustment: Salesforce guided for current-quarter revenue between $11.27 billion and $11.35 billion, falling short of the $11.36 billion expected by analysts, resulting in a 1% stock decline; however, the raised full-year earnings guidance indicates confidence in future growth.
- Agilent Raises Earnings Outlook: Agilent Technologies increased its full-year adjusted earnings guidance to between $6 and $6.10 per share, surpassing previous estimates of $5.90 to $6.04, causing a 9% stock increase that reflects strong performance in the healthcare equipment sector.
- Snowflake Soars: Snowflake plans to invest $6 billion in Amazon Web Services over five years and reported Q1 adjusted earnings of $0.39 per share and revenue of $1.39 billion, both exceeding market expectations, resulting in a nearly 37% stock increase.
See More
