Best Buy Co., Inc. (BBY)
NYSE: BBY · Real-Time Price · USD
67.29
-1.17 (-1.71%)
Jul 24, 2025, 4:00 PM - Market closed
Best Buy Stock Forecast
Stock Price Forecast
The 20 analysts that cover Best Buy stock have a consensus rating of "Buy" and an average price target of $85.58, which forecasts a 27.18% increase in the stock price over the next year. The lowest target is $67 and the highest is $116.
Price Target: $85.58 (+27.18%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Best Buy stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 7 | 6 | 6 | 6 | 6 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 7 | 8 | 9 | 10 | 10 | 11 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 19 | 19 | 20 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy → Hold Downgrades $82 → $75 | Buy → Hold | Downgrades | $82 → $75 | +11.46% | Jul 14, 2025 |
| Guggenheim | Guggenheim | Strong Buy Reiterates $90 | Strong Buy | Reiterates | $90 | +33.75% | Jun 10, 2025 |
| Loop Capital | Loop Capital | Strong Buy Maintains $90 → $80 | Strong Buy | Maintains | $90 → $80 | +18.89% | May 30, 2025 |
| Truist Securities | Truist Securities | Hold Maintains $64 → $69 | Hold | Maintains | $64 → $69 | +2.54% | May 30, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $92 → $82 | Buy | Maintains | $92 → $82 | +21.86% | May 30, 2025 |
Financial Forecast
Revenue This Year
41.82B
from 41.53B
Increased by 0.70%
Revenue Next Year
42.54B
from 41.82B
Increased by 1.72%
EPS This Year
6.23
from 4.28
Increased by 45.49%
EPS Next Year
6.75
from 6.23
Increased by 8.34%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 44.0B | 46.1B | 47.3B | ||
| Avg | 41.8B | 42.5B | 43.6B | ||
| Low | 40.3B | 40.3B | 41.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 5.9% | 10.1% | 11.2% | ||
| Avg | 0.7% | 1.7% | 2.5% | ||
| Low | -2.9% | -3.7% | -3.6% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 6.64 | 7.40 | 8.49 | ||
| Avg | 6.23 | 6.75 | 7.44 | ||
| Low | 5.68 | 5.98 | 6.56 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 55.0% | 18.9% | 25.9% | ||
| Avg | 45.5% | 8.3% | 10.3% | ||
| Low | 32.8% | -4.0% | -2.8% |
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.