Best Buy Co., Inc. (BBY)

Best Buy Stock Forecast

Stock Price Forecast

The 19 analysts that cover Best Buy stock have a consensus rating of "Buy" and an average price target of $78.58, which forecasts a 19.13% increase in the stock price over the next year. The lowest target is $60 and the highest is $110.

Price Target: $78.58 (+19.13%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$60	$78.58	$75	$110
Change	-9.04%	+19.13%	+13.71%	+66.77%

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	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	5	5	5	5	5	6
Buy	2	2	2	2	1	1
Hold	11	11	11	11	13	12
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	19	19	19	19	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Steven Zaccone Citigroup	Citigroup	Hold Maintains $67 → $69	Hold	Maintains	$67 → $69	+4.61%	Mar 4, 2026
Greg Melich Evercore ISI Group	Evercore ISI Group	Hold Maintains $70 → $75	Hold	Maintains	$70 → $75	+13.71%	Mar 4, 2026
Chris Bottiglieri BNP Paribas	BNP Paribas	Hold Maintains $68 → $74	Hold	Maintains	$68 → $74	+12.19%	Mar 4, 2026
Simeon Gutman Morgan Stanley	Morgan Stanley	Hold Maintains $76 → $72	Hold	Maintains	$76 → $72	+9.16%	Mar 4, 2026
Kate McShane Goldman Sachs	Goldman Sachs	Strong Buy Maintains $93 → $76	Strong Buy	Maintains	$93 → $76	+15.22%	Mar 4, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

42.68B

Increased by 2.37%

from 41.69B

Revenue Next Year

43.39B

Increased by 1.68%

from 42.68B

EPS This Year

6.73

Increased by 33.52%

from 5.04

EPS Next Year

7.27

Increased by 8.06%

from 6.73

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Jan 29, 2022	Jan 28, 2023	Feb 3, 2024	Feb 1, 2025	Jan 31, 2026	Jan 31, 2027	Jan 31, 2028
Revenue	51.76B	46.30B	43.45B	41.53B	41.69B	42.68B	43.39B
Revenue Growth	9.52%	-10.55%	-6.15%	-4.43%	0.39%	2.37%	1.68%
EPS	9.84	6.29	5.68	4.28	5.04	6.73	7.27
EPS Growth	43.86%	-36.08%	-9.70%	-24.65%	17.76%	33.52%	8.06%
Forward PE	-	-	-	-	-	9.80	9.07
No. Analysts	-	-	-	-	-	27	19

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

Revenue Forecast

Revenue	2027	2028	2029	2030	2031
High	45.3B	46.7B
Avg	42.7B	43.4B
Low	40.1B	40.5B

Revenue Growth

Revenue Growth	2027	2028	2029	2030	2031
High	8.5%	9.5%
Avg	2.4%	1.7%
Low	-3.7%	-5.1%

EPS Forecast

EPS	2027	2028	2029	2030	2031
High	7.51	8.77
Avg	6.73	7.27
Low	5.72	6.00

EPS Growth

EPS Growth	2027	2028	2029	2030	2031
High	49.0%	30.3%
Avg	33.5%	8.1%
Low	13.6%	-10.8%

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.