Best Buy Co., Inc. (BBY)
NYSE: BBY · Real-Time Price · USD
60.44
-1.78 (-2.86%)
At close: Apr 4, 2025, 4:00 PM
60.45
+0.01 (0.02%)
After-hours: Apr 4, 2025, 5:02 PM EDT
Best Buy Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Best Buy stock have an average target of 91.83, with a low estimate of 70 and a high estimate of 116. The average target predicts an increase of 51.94% from the current stock price of 60.44.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Best Buy stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
---|---|---|---|---|---|---|
Strong Buy | 7 | 6 | 6 | 6 | 7 | 6 |
Buy | 3 | 3 | 3 | 3 | 3 | 3 |
Hold | 7 | 7 | 7 | 7 | 8 | 9 |
Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 18 | 17 | 17 | 17 | 19 | 19 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Citigroup | Citigroup | Strong Buy → Hold Downgrades $93 → $70 | Strong Buy → Hold | Downgrades | $93 → $70 | +15.82% | Apr 3, 2025 |
Wells Fargo | Wells Fargo | Hold Maintains $89 → $85 | Hold | Maintains | $89 → $85 | +40.64% | Mar 5, 2025 |
UBS | UBS | Strong Buy Maintains $115 → $105 | Strong Buy | Maintains | $115 → $105 | +73.73% | Mar 5, 2025 |
Loop Capital | Loop Capital | Strong Buy Maintains $100 → $90 | Strong Buy | Maintains | $100 → $90 | +48.91% | Mar 5, 2025 |
Truist Securities | Truist Securities | Hold Maintains $95 → $81 | Hold | Maintains | $95 → $81 | +34.02% | Mar 5, 2025 |
Financial Forecast
Revenue This Year
42.09B
from 41.53B
Increased by 1.36%
Revenue Next Year
42.97B
from 42.09B
Increased by 2.07%
EPS This Year
6.38
from 4.28
Increased by 49.04%
EPS Next Year
7.04
from 6.38
Increased by 10.32%
Revenue Forecast
Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
---|---|---|---|---|---|
High | 44.2B | 45.7B | 47.3B | ||
Avg | 42.1B | 43.0B | 44.0B | ||
Low | 40.3B | 40.9B | 41.5B |
Revenue Growth
Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
---|---|---|---|---|---|
High | 6.5% | 8.6% | 10.0% | ||
Avg | 1.4% | 2.1% | 2.5% | ||
Low | -3.0% | -2.9% | -3.4% |
EPS Forecast
EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
---|---|---|---|---|---|
High | 6.89 | 7.92 | 9.20 | ||
Avg | 6.38 | 7.04 | 7.84 | ||
Low | 5.79 | 6.30 | 6.93 |
EPS Growth
EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
---|---|---|---|---|---|
High | 60.9% | 24.1% | 30.7% | ||
Avg | 49.0% | 10.3% | 11.4% | ||
Low | 35.3% | -1.2% | -1.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.