Best Buy Co., Inc. (BBY)
| Market Cap | 18.63B |
| Revenue (ttm) | 42.54B |
| Net Income (ttm) | 1.26B |
| Shares Out | 214.73M |
| EPS (ttm) | 5.80 |
| PE Ratio | 14.97 |
| Forward PE | 13.25 |
| Dividend | $3.76 (4.33%) |
| Ex-Dividend Date | Sep 19, 2024 |
| Volume | 4,027,740 |
| Open | 85.96 |
| Previous Close | 87.02 |
| Day's Range | 85.31 - 87.44 |
| 52-Week Range | 67.38 - 103.71 |
| Beta | 1.49 |
| Analysts | Buy |
| Price Target | 103.06 (+18.77%) |
| 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 $103.06, which is an increase of 18.77% from the latest price.
News
MANSCAPED® Expands North American Retail Footprint, Launching in Best Buy Canada
SAN DIEGO--(BUSINESS WIRE)--MANSCAPED®, the global men's grooming company and lifestyle consumer brand, today announces its launch in Best Buy Canada, the country's leading electronics retailer. The p...
Generation Income Properties Announces Third Quarter 2024 Financial and Operating Results
TAMPA, FL / ACCESSWIRE / November 15, 2024 / Generation Income Properties, Inc. (NASDAQ:GIPR) ("GIPR" or the "Company") today announced its three and nine month financial and operating results for the...
100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys
Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sust...
Best Buy: Q3 Outlook Remains Weak
Best Buy Co., Inc. is soon reporting the company's Q3 results, likely having relatively weak earnings due to persisting consumer weakness. Over the long term, Best Buy's operating model is challenged ...
Whisker Announces Nationwide Retail Expansion at Best Buy
AUBURN HILLS, Mich.--(BUSINESS WIRE)--Whisker, the global leader in connected pet care and maker of Litter-Robot®, announces its in-store expansion to Best Buy nationwide. Whisker's hero product Litte...
Confluence's Revolution solution recognized as Best Buy-side Risk Management Initiative by Waters Technology
PITTSBURGH--(BUSINESS WIRE)--Confluence Technologies, Inc. (“Confluence”), a global technology solutions provider for regulatory, analytics, and investor communications solutions for the investment ma...
Buy 7 November Barron's Better Bet DiviDogs Of 23 & Watch 3 More To Be 'Safer'
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...
Artificial Intelligence Risk Inc. Named as Waters Technology's "Best buy-side AI platform or tool (compliance)" for the AIR- GPT Gen AI Platform
Waters Technology Recognizes Generative-AI Platform Focused on Compliance and Cybersecurity Greenwich, Connecticut--(Newsfile Corp. - November 4, 2024) - Artificial Intelligence Risk, Inc. (AI Risk, I...
Google Gets No Respect From Wall Street: Still The Best Buy In Tech
After a blowout Q3, Wall Street's current earnings estimates for Google are likely too low and will be revised higher, driven by the company's success in cloud computing. Google's earnings quality and...
Dividend Aristocrats Of The Future - Part 2
This is the second group of 10 companies who are aiming to reach dividend aristocrat status in the near future. The majority of these companies are from the utilities sector with two defense contracto...
Roborock Expands to More Than 850 Best Buy Stores, Offers Exclusive Promotion on the Powerful S8 MaxV Ultra
Roborock Celebrates the Availability of Innovative Robot Vacuum with Limited-Time Offer HONG KONG , Oct. 26, 2024 /PRNewswire/ -- Roborock, a global leader in ultra-intelligent home robotics engineere...
Best Buy Drops 2024 Holiday Calendar, Black Friday Savings Begin Nov. 8
MINNEAPOLIS--(BUSINESS WIRE)--Mark the calendars, break out the sparkle and get ready to save. Today, Best Buy unveiled its complete holiday lineup of shopping dates, starting with Black Friday deals ...
Technical Tuesday: SPX, BBY, DHI
Kevin Horner returns with this week's Technical Tuesday, where he breaks down technical trends in charts of interest. For the S&P 500 (SPX), he's interested in how the index has consolidated since the...
Best Buy: Impressive Bull Run But Dividend Safety Remains A Concern
Best Buy has experienced a strong price appreciation despite headwinds, with the stock up nearly 40% over the past year. The company's dividend safety is a concern, with a payout ratio over 100% due t...
Three Buys and a Bail: Goldman Sachs, Caterpillar, D.R. Horton, and Best Buy
Gina Sanchez, Lido Advisors chief market strategist, joins CNBC's 'The Exchange' to discuss these stocks: Goldman Sachs, Caterpillar, D.R. Horton, Best Buy.
Harris Wants More Senior Care in the Home. Which Stocks Win or Lose.
Kamala Harris wants Medicare to change and cover long-term home care services, such as in-home aides. The plan creates uncertainty for Brookdale Senior Living and Ensign Group.
Best Buy (BBY) Stock Declines Amid Broader Retail Sector Weakness
Best Buy (BBY, Financial) experienced a 1.36% drop in its stock price, reaching $99.97 per share with a trading volume of 795,462 shares and a turnover rate of 0.37%. The stock's volatility was record...
Top 10 Stock Picks For The Holiday Boom: Adobe Forecasts Unprecedented E-Commerce Sales This Season
Consumers remained a pillar of support for the economy despite the high interest-rate environment that has prevailed since early 2022. With the Federal Reserve implementing a substantial 50 basis-poin...
Best Buy: Encouraging Trends, But Risks Remain (Rating Upgrade)
Best Buy's Q2 earnings exceeded expectations, boosting shares by nearly 30% YTD, but the sustainability of this rally is uncertain. Upgrading Best Buy to neutral, but still recommending that investors...
Best Buy's Countdown to the Holiday Season Begins
MINNEAPOLIS--(BUSINESS WIRE)--The official start of fall may still be days away, but for those ready to get the holiday season started, Best Buy is sharing a first look at how customers can get a jump...
Sealed Air Provides Packaging Solutions for Best Buy
Converting to Sealed Air helps company use more recycled content in packaging materials CHARLOTTE, N.C. , Sept. 4, 2024 /PRNewswire/ -- Sealed Air (NYSE: SEE) is helping Best Buy (NYSE: BBY) through t...
Top 5 Consumer Stocks That Could Sink Your Portfolio In Q3
As of Sept. 3, 2024, five stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Affirm, Mongodb And Best Buy Are Among Top 10 Large Cap Gainers Last Week (Aug 25-Aug 31): Are The Others In Your Portfolio?
These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?
Best Buy's Growth Will Be Driven By AI And Margin Expansion Despite Mixed Sector Challenges: Analysts
Several analysts raised the price target on Best Buy Co., Inc. BBY following better-than-expected second-quarter financial results reported Thursday.
Best Buy Analysts Boost Their Forecasts After Upbeat Earnings
Best Buy Co., Inc BBY reported better-than-expected second-quarter financial results raised its FY25 earnings guidance on Thursday.