Best Buy Co., Inc. (BBY)
NYSE: BBY · Real-Time Price · USD
66.00
+2.53 (3.99%)
Apr 24, 2025, 4:00 PM EDT - Market closed
Best Buy Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for Best Buy stock have an average target of 90.89, with a low estimate of 64 and a high estimate of 116. The average target predicts an increase of 37.71% from the current stock price of 66.00.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Best Buy stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
---|---|---|---|---|---|---|
Strong Buy | 7 | 6 | 6 | 6 | 7 | 6 |
Buy | 3 | 3 | 3 | 3 | 3 | 3 |
Hold | 7 | 7 | 7 | 7 | 8 | 9 |
Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 18 | 17 | 17 | 17 | 19 | 19 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
DA Davidson | DA Davidson | Strong Buy Maintains $110 | Strong Buy | Maintains | $110 | +66.67% | Apr 14, 2025 |
Truist Securities | Truist Securities | Hold Maintains $81 → $64 | Hold | Maintains | $81 → $64 | -3.03% | Apr 8, 2025 |
Citigroup | Citigroup | Strong Buy → Hold Downgrades $93 → $70 | Strong Buy → Hold | Downgrades | $93 → $70 | +6.06% | Apr 3, 2025 |
Wells Fargo | Wells Fargo | Hold Maintains $89 → $85 | Hold | Maintains | $89 → $85 | +28.79% | Mar 5, 2025 |
UBS | UBS | Strong Buy Maintains $115 → $105 | Strong Buy | Maintains | $115 → $105 | +59.09% | Mar 5, 2025 |
Financial Forecast
Revenue This Year
41.88B
from 41.53B
Increased by 0.84%
Revenue Next Year
42.60B
from 41.88B
Increased by 1.74%
EPS This Year
6.23
from 4.28
Increased by 45.54%
EPS Next Year
6.82
from 6.23
Increased by 9.50%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
---|---|---|---|---|---|
High | 44.2B | 45.5B | 47.3B | ||
Avg | 41.9B | 42.6B | 43.8B | ||
Low | 38.5B | 37.0B | 41.5B |
Revenue Growth
Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
---|---|---|---|---|---|
High | 6.5% | 8.6% | 10.9% | ||
Avg | 0.8% | 1.7% | 2.8% | ||
Low | -7.2% | -11.7% | -2.6% |
EPS Forecast
EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
---|---|---|---|---|---|
High | 6.89 | 7.92 | 9.35 | ||
Avg | 6.23 | 6.82 | 7.74 | ||
Low | 5.19 | 4.70 | 5.96 |
EPS Growth
EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
---|---|---|---|---|---|
High | 60.9% | 27.1% | 37.0% | ||
Avg | 45.5% | 9.5% | 13.5% | ||
Low | 21.4% | -24.5% | -12.7% |
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.