Best Buy Co., Inc. (BBY)
Market Cap | 19.98B |
Revenue (ttm) | 47.93B |
Net Income (ttm) | 1.55B |
Shares Out | 221.26M |
EPS (ttm) | 6.67 |
PE Ratio | 13.54 |
Forward PE | 12.15 |
Dividend | $3.52 (3.90%) |
Ex-Dividend Date | Dec 12, 2022 |
Volume | 1,196,398 |
Open | 90.01 |
Previous Close | 91.42 |
Day's Range | 89.51 - 91.33 |
52-Week Range | 60.79 - 112.96 |
Beta | 1.51 |
Analysts | Hold |
Price Target | 84.71 (-6.21%) |
Earnings Date | Mar 2, 2023 |
About BBY
Best Buy Co., Inc. retails technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing 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, home theater, portable audio comprising headphones and portable speakers, and smart home products. The company'... [Read more]
Financial Performance
In 2022, Best Buy Co.'s revenue was $51.76 billion, an increase of 9.52% compared to the previous year's $47.26 billion. Earnings were $2.45 billion, an increase of 36.48%.
Financial StatementsAnalyst Forecast
According to 33 analysts, the average rating for BBY stock is "Hold." The 12-month stock price forecast is $84.71, which is a decrease of -6.21% from the latest price.
News

9 Safe High Yield Dividend Stocks To Buy For 2023
Inflation plus rising interest rates on your variable debt may be putting the squeeze on your budget. Over the long term, investing in quality high yield dividend stocks remain one of the most effecti...

What's Next After A 17% Fall In Best Buy's Stock?
After a 17% decline over the last year, at the current price of around $83 per share, we believe Best Buy's stock (NYSE: BBY), an electronics specialty retailer - is fairly priced.

Best Buy (BBY) Stock Gains 33.1% in Past 3 Months: Here's Why
Best Buy's (Buy) omnichannel capabilities, including total tech and curbside pickup service are very encouraging.

These 5 Dividends Could Get Crushed In 2023
Hands up if you've been caught out by a snap dividend cut.

Best Buy-Owned Phone Service Faces Angry Customers After 3G Network Shutdown
Some Jitterbug phone users have been unable to make calls for days

Best Buy Takes On Amazon Prime With New Free Shipping Benefit
Unlike Amazon Prime, this service is coming to My Best Buy customers for free.

KIA IS MOST AWARDED BRAND IN 2023 CONSUMER GUIDE AUTOMOTIVE BEST BUY AWARDS
Five Kia models named the best in their respective segments Ninth consecutive win for Soul marks the longest running streak for a subcompact crossover All-electric EV6 and the 2023 Sportage take honor...

Best Buy (BBY) Steals the Limelight on Smart Omnichannel Moves
Best Buy's (BBY) omnichannel abilities including total tech initiative and curbside-pickup service are quite encouraging.

Retail traffic data highlights 2022 holiday winners and losers
With three days to go before Christmas, retailers across the United States and Europe face a turbulent end to a drawn-out, mostly disappointing holiday shopping season.
Retailers are seeing consumers pull back a bit, says Jan Rogers Kniffen
Jan Kniffen, J. Rogers Kniffen Worldwide CEO, joins CNBC's 'Squawk Box' to discuss the health of the U.S. consumer amid the busy holiday shopping season.

7 Undervalued Retail Stocks to Buy Now
Finding the best undervalued retail stocks to buy now has been difficult as clarity around the retail sector is not forthcoming. Consumer sentiment has moved higher, to 59.1 during the first weeks of ...
Best Buy stock dips on Bank of America downgrade
Yahoo Finance Live anchors Julie Hyman discuss a Bank of America analyst's Underperform rating on Best Buy.

Why Is Best Buy (BBY) Stock Down Today?
Best Buy (NYSE: BBY) stock is slipping on Wednesday after Bank of America analyst Elizabeth Suzuki hit the retailer's shares with a downgrade. That downgrade has the Bank of America analyst dropping ...

Best Buy Stock Is Downgraded. 'Needs' Over 'Wants' to Be Prioritized This Holiday Season.
BofA Securities has been tracking spending through the holiday season and found that consumer electronics and hobby retail spending, specifically, declined more than 13% year over year in November.

Why Best Buy Stock Is Facing Selling Pressure Today - Best Buy Co (NYSE:BBY)
Best Buy Co Inc BBY shares are trading lower Wednesday following a downgrade from BofA Securities.

The Critique That Best Buy Is Just An Amazon Showroom Is Staid And Boring
Anyone that still espouses the argument misses the point of what 21st century omnichannel retailing is all about – namely, that the key to the physical side of retailing is answering the question, “Wh...

Best Buy Stock: Black Friday Sales And Holiday Outlook
CEO Corie Barry spoke about the importance of sales as consumers struggle with high inflation. We look at what's happening with Best Buy stock after the company reported better financial results than ...

7 Income Stocks for the Millionaire Portfolio
Millionaire investors searching for income stocks to buy have a different problem than the rest of the market players. They need to balance their portfolio's preservation of capital against generating...

3 Reasons Why Best Buy's Virtual Store Is A Brilliant Idea
Best Buy's new 40,000 square foot virtual store inside of a warehouse in Bloomington, MN takes online service to an entirely new level.

Best Buy Proves Brick and Mortar is Here to Stay
Consumer electronics retailer Best Buy (NYSE: BBY) is the last and the largest pure-play electronics big box store. They've outlasted prior competitors
Black Friday: Amazon, Best Buy website traffic shows retailers under pressure
Yahoo Finance Live's Brian Sozzi provides his take on total web traffic for retailers amid Black Friday.
This holiday season will be about in-person shopping, says Telsey Advisory Group CEO
Dana Telsey, CEO and chief research officer of Telsey Advisory Group, joins CNBC's 'Squawk Box' to discuss what to expect from the consumer this Black Friday.
Christmas could be 'bloodbath' for retailers: Former Toys 'R' Us CEO
Storch Advisors founder and CEO Gerald Storch discusses how a rail strike would impact the supply chain and inflation ahead of Christmas on 'Cavuto: Coast to Coast.' #foxbusiness #cavuto Subscribe to ...
Consumers are going to shop in record numbers over the holidays, says National Retail Federation CEO
Dana Telsey, Telsey Advisory Group CEO, and Matt Shay, National Retail Federation CEO, join CNBC's 'Squawk Box' to discuss retail and what to expect for Black Friday.