Best Buy Stock Forecast

Stock Price Forecast

The 17 analysts that cover Best Buy stock have a consensus rating of "Buy" and an average price target of $81.53, which forecasts a 23.91% increase in the stock price over the next year. The lowest target is $60 and the highest is $110.

Price Target: $81.53 (+23.91%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$60	$81.53	$77	$110
Change	-8.81%	+23.91%	+17.02%	+67.17%

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	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	5	5	5	5	5	5
Buy	2	2	2	2	2	1
Hold	12	11	11	11	11	12
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	20	19	19	19	19	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Greg Melich Evercore ISI Group	Evercore ISI Group	Hold Maintains $80 → $70	Hold	Maintains	$80 → $70	+6.38%	Feb 3, 2026
Christopher Horvers JP Morgan	JP Morgan	Buy → Hold Downgrades $99 → $76	Buy → Hold	Downgrades	$99 → $76	+15.50%	Feb 2, 2026
Simeon Gutman Morgan Stanley	Morgan Stanley	Hold Maintains $82 → $76	Hold	Maintains	$82 → $76	+15.50%	Jan 15, 2026
Seth Sigman Barclays	Barclays	Hold Maintains $81 → $77	Hold	Maintains	$81 → $77	+17.02%	Jan 8, 2026
Greg Melich Evercore ISI Group	Evercore ISI Group	Hold Maintains $85 → $80	Hold	Maintains	$85 → $80	+21.58%	Dec 9, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

42.23B

from 41.53B

1.70%

from 41.53B

Revenue Next Year

42.76B

from 42.23B

1.26%

from 42.23B

EPS This Year

6.37

from 4.28

48.92%

from 4.28

EPS Next Year

6.77

from 6.37

6.19%

from 6.37

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	42.23B	42.76B
Revenue Growth	8.31%	9.52%	-10.55%	-6.15%	-4.43%	1.70%	1.26%
EPS	6.84	9.84	6.29	5.68	4.28	6.37	6.77
EPS Growth	18.96%	43.86%	-36.08%	-9.70%	-24.65%	48.92%	6.19%
Forward PE	-	-	-	-	-	10.32	9.72
No. Analysts	-	-	-	-	-	27	27

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

Revenue Forecast

Revenue	2026	2027
High	44.1B	45.3B
Avg	42.2B	42.8B
Low	40.5B	40.3B

Revenue Growth

Revenue Growth	2026	2027
High	6.2%	7.1%
Avg	1.7%	1.3%
Low	-2.4%	-4.7%

EPS Forecast

EPS	2026	2027
High	6.69	7.45
Avg	6.37	6.77
Low	6.11	6.07

EPS Growth

EPS Growth	2026	2027
High	56.3%	16.9%
Avg	48.9%	6.2%
Low	42.6%	-4.8%

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.