BBY

Best Buy Co Inc

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Advanced Chart

68.590

-0.38(-0.551%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

70.080

Open

69.010

VWAP

68.58

Vol

2.86M

Mkt Cap

14.50B

Low

67.490

Amount

196.31M

EV/EBITDA(TTM)

5.63

Total Shares

215.71M

14.59B

EV/OCF(TTM)

7.38

P/S(TTM)

0.36

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q2

FY2026Q3

FY2026Q4

9.23B

-0.57%

1.221

-8.9%

9.46B

+0.13%

1.293

+2.62%

13.96B

+0.06%

2.551

-1.11%

Estimates Revision

The market is revising Downward the revenue expectations for Best Buy Co., Inc. (BBY) for FY2026, with the revenue forecasts being adjusted by -0.12% over the past three months. During the same period, the stock price has changed by -6.51%.

Revenue Estimates for FY2026

Revise Downward

-0.12%

In Past 3 Month

EPS Estimates for FY2026

Revise Downward

-0.76%

In Past 3 Month

Stock Price

Go Down

-6.51%

In Past 3 Month

19 Analyst Rating

16.81% Upside

Wall Street analysts forecast BBY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BBY is 80.12 USD with a low forecast of 63.00 USD and a high forecast of 101.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

8 Buy

10 Hold

1 Sell

Moderate Buy

16.81% Upside

Current: 68.590

Low

63.00

Averages

80.12

High

101.00

16.81% Upside

Current: 68.590

Low

63.00

Averages

80.12

High

101.00

Piper Sandler

Peter Keith

Overweight -> Neutral

downgrade

$82 -> $75

2025-07-14

Reason

Piper Sandler

Peter Keith

Price Target

$82 -> $75

2025-07-14

downgrade

Overweight -> Neutral

Reason

Piper Sandler analyst Peter Keith last night downgraded Best Buy to Neutral from Overweight with a price target of $75, down from $82. While the shares have underperformed year-to-date and expectations are low, Best Buy lacks meaningful catalysts in the coming quarters to meaningfully accelerate comp and earnings growth, the analyst tells investors in a research note. Piper also has longer-term competitor concerns around the company's appliance and TV categories.

Piper Sandler

Overweight -> Neutral

downgrade

$82 -> $75

2025-07-13

Reason

Piper Sandler

Price Target

$82 -> $75

2025-07-13

downgrade

Overweight -> Neutral

Reason

Piper Sandler downgraded Best Buy to Neutral from Overweight with a price target of $75, down from $82.

Barclays

Equal Weight

downgrade

$89 -> $74

2025-05-30

Reason

Barclays

Price Target

$89 -> $74

2025-05-30

downgrade

Equal Weight

Reason

Barclays lowered the firm's price target on Best Buy to $74 from $89 and keeps an Equal Weight rating on the shares. The firm reduced estimates post the Q1 report amid sales uncertainty.

Wells Fargo

Equal Weight

downgrade

$75 -> $67

2025-05-30

Reason

Wells Fargo

Price Target

$75 -> $67

2025-05-30

downgrade

Equal Weight

Reason

Wells Fargo lowered the firm's price target on Best Buy to $67 from $75 and keeps an Equal Weight rating on the shares. Despite positive tariff news, Best Buy's share underperformance makes sense via weaker Q1 comparable sales and lower EPS outlook amid tariff uncertainty and few signs of demand improvement. Holding EBIT% year-over-year helps, but low room for error keeps Wells sidelined.

Piper Sandler

Overweight

downgrade

$92 -> $82

2025-05-30

Reason

Piper Sandler

Price Target

$92 -> $82

2025-05-30

downgrade

Overweight

Reason

Piper Sandler lowered the firm's price target on Best Buy to $82 from $92 and keeps an Overweight rating on the shares following relatively Q1 inline results and a slight guide down to the full year. Shares underperformed as much as 8%, which seems a bit excessive, the firm argues. Although, Q1 comparable sales results - and arguably the Q2 comparable sales outlook for a slight decline - were slightly below expectations.

BofA

Robert Ohmes

Underperform

downgrade

$75 -> $63

2025-05-30

Reason

BofA

Robert Ohmes

Price Target

$75 -> $63

2025-05-30

downgrade

Underperform

Reason

BofA analyst Robert Ohmes lowered the firm's price target on Best Buy to $63 from $75 and keeps an Underperform rating on the shares. While Best Buy only directly imports 2%-3% of its assortment, the firm thinks vendors are likely to pass along some level of tariff costs to retailers and it lowered its FY27 EPS forecast and its multiple on a weaker near-term outlook and long-term market share pressure from omnichannel competition.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Best Buy Co Inc (BBY.N) is 10.92, compared to its 5-year average forward P/E of 12.75. For a more detailed relative valuation and DCF analysis to assess Best Buy Co Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Undervalued

5Y Average PE

12.75

Current PE

10.92

Overvalued PE

14.21

Undervalued PE

11.29

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Undervalued

5Y Average EV/EBITDA

7.45

Current EV/EBITDA

6.56

Overvalued EV/EBITDA

8.17

Undervalued EV/EBITDA

6.72

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

0.45

Current PS

0.34

Overvalued PS

0.55

Undervalued PS

0.36