Best Buy Stock Forecast

Stock Price Forecast

The 18 analysts that cover Best Buy stock have a consensus rating of "Buy" and an average price target of $82.61, which forecasts a 7.43% increase in the stock price over the next year. The lowest target is $60 and the highest is $110.

Price Target: $82.61 (+7.43%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$60	$82.61	$83	$110
Change	-21.98%	+7.43%	+7.93%	+43.04%

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	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	6	6	6	6	6	5
Buy	3	3	3	2	2	2
Hold	9	10	10	11	11	11
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	19	20	20	20	20	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christopher Horvers JP Morgan	JP Morgan	Buy Maintains $88 → $89	Buy	Maintains	$88 → $89	+15.73%	Aug 29, 2025
Alicia Reese Wedbush	Wedbush	Hold Maintains $70 → $75	Hold	Maintains	$70 → $75	-2.47%	Aug 29, 2025
Steven Forbes Guggenheim	Guggenheim	Strong Buy Reiterates $90	Strong Buy	Reiterates	$90	+17.04%	Aug 29, 2025
Zachary Fadem Wells Fargo	Wells Fargo	Hold Maintains $67 → $75	Hold	Maintains	$67 → $75	-2.47%	Aug 29, 2025
Seth Sigman Barclays	Barclays	Hold Maintains $74	Hold	Maintains	$74	-3.77%	Aug 29, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

41.83B

from 41.53B

0.72%

from 41.53B

Revenue Next Year

42.46B

from 41.83B

1.51%

from 41.83B

EPS This Year

6.23

from 4.28

45.58%

from 4.28

EPS Next Year

6.72

from 6.23

7.86%

from 6.23

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 30, 2021	Jan 29, 2022	Jan 28, 2023	Feb 3, 2024	Feb 1, 2025	Feb 1, 2026	Feb 1, 2027
Revenue	47.26B	51.76B	46.30B	43.45B	41.53B	41.83B	42.46B
Revenue Growth	8.31%	9.52%	-10.55%	-6.15%	-4.43%	0.72%	1.51%
EPS	6.84	9.84	6.29	5.68	4.28	6.23	6.72
EPS Growth	18.96%	43.86%	-36.08%	-9.70%	-24.65%	45.58%	7.86%
Forward PE	-	-	-	-	-	12.34	11.44
No. Analysts	-	-	-	-	-	29	29

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	44.0B	45.1B
Avg	41.8B	42.5B
Low	40.4B	40.3B

Revenue Growth

Revenue Growth	2026	2027
High	5.9%	7.8%
Avg	0.7%	1.5%
Low	-2.8%	-3.7%

EPS Forecast

EPS	2026	2027
High	6.64	7.30
Avg	6.23	6.72
Low	5.68	5.98

EPS Growth

EPS Growth	2026	2027
High	55.0%	17.1%
Avg	45.6%	7.9%
Low	32.8%	-4.1%

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.