Best Buy Co., Inc. (BBY)
| Market Cap | 18.29B |
| Revenue (ttm) | 42.23B |
| Net Income (ttm) | 1.27B |
| Shares Out | 213.80M |
| EPS (ttm) | 5.85 |
| PE Ratio | 14.63 |
| Forward PE | 13.20 |
| Dividend | $3.76 (4.40%) |
| Ex-Dividend Date | Dec 17, 2024 |
| Volume | 4,448,787 |
| Open | 83.82 |
| Previous Close | 85.20 |
| Day's Range | 83.45 - 85.94 |
| 52-Week Range | 69.29 - 103.71 |
| Beta | 1.45 |
| Analysts | Buy |
| Price Target | 101.47 (+18.61%) |
| Earnings Date | Nov 26, 2024 |
About BBY
Best Buy Co., Inc. engages in the retail of technology products in the United States, Canada, and international. Its stores provide 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, which i... [Read more]
Financial Performance
In 2023, Best Buy's revenue was $43.45 billion, a decrease of -6.15% compared to the previous year's $46.30 billion. Earnings were $1.24 billion, a decrease of -12.54%.
Financial StatementsAnalyst Forecast
According to 17 analysts, the average rating for BBY stock is "Buy." The 12-month stock price forecast is $101.47, which is an increase of 18.61% from the latest price.
News
Rokt Teams Up With Best Buy Canada To Deliver Relevant Experiences For Customers This Holiday Season
Rokt, the leading ecommerce technology company that uses machine learning and AI to make transactions more appealing to its shoppers, said it has partnered with Best Buy Ads Canada before the holiday ...
Cramer's Stop Trading: Best Buy
CNBC's Jim Cramer explains why he is keeping an eye on shares of Best Buy.
Best Buy Ads Canada Partners with Rokt to Deliver Highly Relevant Customer Experiences for the Holidays and Beyond
Partnership Enables Best Buy Ads Canada to Drive Engagement and Loyalty NEW YORK , Dec. 17, 2024 /PRNewswire/ -- Rokt, the leading ecommerce technology company using machine learning and AI to make tr...
2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables
Calvert Research and Management ranked the 1,000 largest publicly traded companies by ESG performance, identifying the top 100 sustainable companies for 2024. Among 78 dividend paying sustainable comp...
Why Has Best Buy Stock Lifted 12% Amid Sluggish Sales?
Best Buy's stock (NYSE: BBY), an electronics specialty retailer, has increased 12% from around $78 to $87 (as of Dec 9, after close) year-to-date, underperforming the broader indices, with the S&P gro...
Buy 3 December Barron's Better Bet 'Safer' Dividend Dogs Of 23
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...
Walmart, Amazon holiday spending rise as Target, Best Buy stumble - data
Walmart Inc , Amazon.com and fast-growing e-commerce sites Shein and PDD Holding's Temu saw record-breaking sales on Black Friday and Cyber Monday, according to spending data, suggesting that they may...
As retailers enter the holiday shopping season, the winners are pulling away from the pack
Retailers' earnings reports over the past two weeks have illustrated a sharp divide between brands that are winning sales and those that are missing out. Target, Kohl's and Best Buy each reported disa...
Best Buy: Q3 Disappointment As Macro Headwinds Overcome Cost-Cutting Efforts
Best Buy's Q3 results missed revenue and EPS targets, with comparable sales growth at -2.9% and disappointing Q4 guidance, leading to a 7% decline Tuesday morning. The challenging macroeconomic enviro...
Best Buy: With Weaker Spending, It's Best To Get Out Of This Stock (Rating Downgrade)
Best Buy's Q3 results show a decline in sales, with a -3.2% y/y revenue drop and weaker-than-expected comparable sales, signaling near-term weakness. E-commerce pressure, declining same-store sales, a...
Best Buy Announces Regular Quarterly Cash Dividend
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.94 per common share. The quarterly dividend ...
Dow, S&P 500 Settle At Record Highs, Best Buy Reports Weaker Than Expected Earnings: Fear Index Remains In 'Greed' Zone
The CNN Money Fear and Greed index showed a slight improvement in the overall market sentiment, while the index remained in the “Greed” zone on Tuesday.
Best Buy Revenues Dip as Consumers Await ‘Deals and Sales'
Best Buy says cautious, deal-chasing consumers and the presidential election kept quarterly sales muted. The electronics retailer released earnings Tuesday (Nov. 26) showing a 2.9% drop in comparable ...
Electronics Demand at Best Buy Wanes—But People Are Still Buying Laptops
Laptop demand is brisk at Best Buy, but sales are slowing for home theater equipment and other discretionary electronics.
BBY No Longer the "Best Buy" for Consumers?
Best Buy (BBY) became one of the worst performers on the S&P 500 following its mixed earnings report. Seth Basham calls the report "not very surprising" but notes potential green shoots in the company...
Best Buy CEO says higher costs from tariffs would mean higher prices for shoppers
Best Buy is bracing for Trump's proposed tariffs on imports from China and Mexico. "There's very little in the consumer electronics space that is not imported," CEO Corie Barry said.
Best Buy Co., Inc. (BBY) Q3 2025 Earnings Call Transcript
Best Buy Co., Inc. (NYSE:BBY) Q3 2025 Earnings Conference Call November 26, 2024 8:00 AM ET Company Participants Mollie O'Brien - Head of Investor Relations Corie Barry - Chief Executive Officer Matt...
Hesitant Consumers Hurt Best Buy Results
Best Buy (BBY) shares slumped 8% Tuesday morning after the electronics retailer missed profit and sales estimates and slashed its guidance as consumers pulled back on spending ahead of the key holiday...
Best Buy Stock Is Sinking After Earnings. Here's Why
Best Buy is one of the worst S&P 500 stocks Tuesday after the retailer missed quarterly earnings expectations and slashed its full-year forecast.
US Stocks Mixed; Best Buy Posts Downbeat Earnings
U.S. stocks traded mixed this morning, with the Dow Jones index falling around 200 points on Tuesday.
Dow Jones and S&P500: Best Buy Drops 7%, Dick's Rises 5%, Banks Face Downgrades
Goldman Sachs and Morgan Stanley face downgrades, Best Buy slides on weak earnings, but Dick's shines. What this means for the S&P500 outlook.
Best Buy Says Q3 Sales 'Little Softer Than Expected' On Lower Demand For Appliances And Gaming, Trims Annual Forecast
On Tuesday, Best Buy Co., Inc BBY reported fiscal 2025 third-quarter adjusted EPS of $1.26, missing the consensus of $1.29.
Best Buy's stock slides as ‘softer-than-expected' demand leads to sales, earnings miss
Macro uncertainty, customers waiting for deals and sales events, and distraction during the run-up to the election led to softer-than-expected demand, according to Best Buy CEO Corie Barry.
Best Buy Earnings Miss on All Fronts. The Stock Tumbles.
The retailer's earnings and sales fell short of consensus estimates.
Best Buy cuts full-year sales forecast due to softer demand for consumer electronics
Best Buy on Tuesday cut its full-year sales forecast. The retailer missed Wall Street's quarterly revenue expectations.