Best Buy Co., Inc. (BBY)
NYSE: BBY · Real-Time Price · USD
69.60
-2.94 (-4.05%)
At close: Jun 13, 2025, 4:00 PM
69.81
+0.21 (0.30%)
After-hours: Jun 13, 2025, 7:56 PM EDT
Best Buy Stock Forecast
Stock Price Forecast
According to 19 professional analysts, the 12-month price target for Best Buy stock ranges from a low of $67 to a high of $116. The average analyst price target of $85.95 forecasts a 23.49% increase in the stock price over the next year.
Price Target: $85.95 (+23.49%)
Analyst Consensus: Buy
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 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 7 | 6 | 6 | 6 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 7 | 7 | 8 | 9 | 10 | 10 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 19 | 19 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Reiterates $90 | Strong Buy | Reiterates | $90 | +29.31% | Jun 10, 2025 |
| Loop Capital | Loop Capital | Strong Buy Maintains $90 → $80 | Strong Buy | Maintains | $90 → $80 | +14.94% | May 30, 2025 |
| Truist Securities | Truist Securities | Hold Maintains $64 → $69 | Hold | Maintains | $64 → $69 | -0.86% | May 30, 2025 |
| Piper Sandler | Piper Sandler | Buy Maintains $92 → $82 | Buy | Maintains | $92 → $82 | +17.82% | May 30, 2025 |
| Barclays | Barclays | Hold Maintains $89 → $74 | Hold | Maintains | $89 → $74 | +6.32% | May 30, 2025 |
Financial Forecast
Revenue This Year
41.85B
from 41.53B
Increased by 0.77%
Revenue Next Year
42.59B
from 41.85B
Increased by 1.77%
EPS This Year
6.23
from 4.28
Increased by 45.53%
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 | 44.0B | 46.1B | 47.3B | ||
| Avg | 41.8B | 42.6B | 43.7B | ||
| Low | 40.3B | 40.3B | 41.0B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 5.9% | 10.0% | 11.1% | ||
| Avg | 0.8% | 1.8% | 2.6% | ||
| Low | -2.9% | -3.7% | -3.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 6.89 | 7.92 | 8.49 | ||
| Avg | 6.23 | 6.82 | 7.49 | ||
| Low | 5.24 | 4.75 | 6.56 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 60.9% | 27.1% | 24.5% | ||
| Avg | 45.5% | 9.5% | 9.8% | ||
| Low | 22.5% | -23.7% | -3.8% |
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.