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
TargetLowAverageMedianHigh
Price$67$85.58$83$116
Change-0.43%+27.18%+23.35%+72.39%

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

RatingFeb '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy676666
Buy333332
Hold789101011
Sell111111
Strong Sell000000
Total171919202020

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Piper Sandler
Piper Sandler
Hold
Downgrades
$82$75
HoldDowngrades$82$75+11.46%Jul 14, 2025
Guggenheim
Guggenheim
Strong Buy
Reiterates
$90
Strong BuyReiterates$90+33.75%Jun 10, 2025
Loop Capital
Loop Capital
Strong Buy
Maintains
$90$80
Strong BuyMaintains$90$80+18.89%May 30, 2025
Truist Securities
Truist Securities
Hold
Maintains
$64$69
HoldMaintains$64$69+2.54%May 30, 2025
Piper Sandler
Piper Sandler
Buy
Maintains
$92$82
BuyMaintains$92$82+21.86%May 30, 2025
More Analyst Ratings

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%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027FY 2028
Period EndingJan 30, 2021Jan 29, 2022Jan 28, 2023Feb 3, 2024Feb 1, 2025Feb 1, 2026Feb 1, 2027Feb 1, 2028
Revenue
47.26B51.76B46.30B43.45B41.53B41.82B42.54B43.61B
Revenue Growth
8.31%9.52%-10.55%-6.15%-4.43%0.70%1.72%2.53%
EPS
6.849.846.295.684.286.236.757.44
EPS Growth
18.96%43.86%-36.08%-9.70%-24.65%45.49%8.34%10.28%
Forward PE
-----10.819.979.04
No. Analysts
-----303015
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20262027202820292030
High44.0B46.1B47.3B
Avg41.8B42.5B43.6B
Low40.3B40.3B41.0B

Revenue Growth

Revenue Growth20262027202820292030
High
5.9%
10.1%
11.2%
Avg
0.7%
1.7%
2.5%
Low
-2.9%
-3.7%
-3.6%

EPS Forecast

EPS20262027202820292030
High6.647.408.49
Avg6.236.757.44
Low5.685.986.56

EPS Growth

EPS Growth20262027202820292030
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.