Best Buy Co., Inc. (BBY)
NYSE: BBY · Real-Time Price · USD
72.10
+0.51 (0.71%)
Jul 3, 2025, 1:00 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 $85.95, which forecasts a 19.21% increase in the stock price over the next year. The lowest target is $67 and the highest is $116.

Price Target: $85.95 (+19.21%)
Analyst Consensus: Buy
Target Low Average Median High
Price $67 $85.95 $83 $116
Change -7.07% +19.21% +15.12% +60.89%

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 '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy 676666
Buy 333333
Hold 789101010
Sell 111111
Strong Sell 000000
Total 171919202020

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Guggenheim
Guggenheim
Strong Buy
Reiterates
$90
Strong Buy Reiterates $90 +24.83% Jun 10, 2025
Loop Capital
Loop Capital
Strong Buy
Maintains
$90$80
Strong Buy Maintains $90$80 +10.96% May 30, 2025
Truist Securities
Truist Securities
Hold
Maintains
$64$69
Hold Maintains $64$69 -4.30% May 30, 2025
Piper Sandler
Piper Sandler
Buy
Maintains
$92$82
Buy Maintains $92$82 +13.73% May 30, 2025
Barclays
Barclays
Hold
Maintains
$89$74
Hold Maintains $89$74 +2.64% May 30, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
41.82B
from 41.53B
Increased by 0.70%
Revenue Next Year
42.55B
from 41.82B
Increased by 1.75%
EPS This Year
6.23
from 4.28
Increased by 45.62%
EPS Next Year
6.75
from 6.23
Increased by 8.28%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
Period Ending Jan 30, 2021 Jan 29, 2022 Jan 28, 2023 Feb 3, 2024 Feb 1, 2025 Feb 1, 2026 Feb 1, 2027 Jan 31, 2028
Revenue
47.26B51.76B46.30B43.45B41.53B41.82B42.55B43.65B
Revenue Growth
8.31%9.52%-10.55%-6.15%-4.43%0.70%1.75%2.60%
EPS
6.849.846.295.684.286.236.757.49
EPS Growth
18.96%43.86%-36.08%-9.70%-24.65%45.62%8.28%10.97%
Forward PE
-----11.5710.689.63
No. Analysts
-----303011
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 44.0B 46.1B 47.3B
Avg 41.8B 42.5B 43.7B
Low 40.3B 40.3B 41.0B

Revenue Growth

Revenue Growth 20262027202820292030
High
5.9%
10.1%
11.2%
Avg
0.7%
1.8%
2.6%
Low
-2.9%
-3.7%
-3.6%

EPS Forecast

EPS 20262027202820292030
High 6.64 7.40 8.49
Avg 6.23 6.75 7.49
Low 5.68 5.98 6.56

EPS Growth

EPS Growth 20262027202820292030
High
55.0%
18.8%
25.9%
Avg
45.6%
8.3%
11.0%
Low
32.8%
-4.1%
-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.