Best Buy Co., Inc. (BBY)
NYSE: BBY · Real-Time Price · USD
87.82
-2.35 (-2.61%)
At close: Jul 30, 2026, 4:00 PM EDT
87.73
-0.09 (-0.10%)
After-hours: Jul 30, 2026, 7:45 PM EDT

Best Buy Stock Forecast

Stock Price Forecast

According to 25 analysts polled by S&P Global, Best Buy stock has a consensus rating of "Hold" and an average price target of $79.15. The average 1-year stock price forecast is 9.87% lower than the current stock price, while the lowest is $60 (-31.68%) and the highest is $90 (+2.48%).

Price Target: $79.15 (-9.87%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$60$79.15$79.5$90
Change-31.68%-9.87%-9.47%+2.48%

Analyst Ratings

The average analyst rating for Best Buy stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy887665
Buy000000
Hold171716171718
Sell111111
Strong Sell001111
Total262625252525

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Loop Capital Markets
Loop Capital Markets
Hold
Downgrades
$82
HoldDowngrades$82-6.63%Jul 13, 2026
Argus Research
Argus Research
Hold
Reiterates
$77
HoldReiterates$77-12.32%Jun 26, 2026
Jefferies
Jefferies
Buy
Reiterates
$89
BuyReiterates$89+1.34%Jun 23, 2026
D.A. Davidson
D.A. Davidson
Buy
Maintains
n/a
BuyMaintainsn/an/aJun 22, 2026
Telsey Advisory
Telsey Advisory
Buy
Maintains
$90
BuyMaintains$90+2.48%Jun 22, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
41.97B
from 41.69B
Increased by 0.66%
Revenue Next Year
42.59B
from 41.97B
Increased by 1.50%
EPS This Year
6.55
from 6.43
Increased by 1.91%
EPS Next Year
7.07
from 6.55
Increased by 7.92%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJan 29, 2022Jan 28, 2023Feb 3, 2024Feb 1, 2025Jan 31, 2026Jan 31, 2027
Revenue
51.76B46.30B43.45B41.53B41.69B41.97B
Revenue Growth
9.52%-10.55%-6.15%-4.43%0.39%0.66%
Gross Profit
11.63B9.91B9.60B9.39B9.37B9.54B
Gross Margin
22.48%21.41%22.10%22.60%22.48%22.74%
Operating Income
3.01B1.94B1.73B1.74B1.77B1.83B
Net Income
2.45B1.42B1.24B927.00M1.07B1.37B
EPS
----6.436.55
EPS Growth
----0.94%1.91%
Forward PE
11.0113.2712.3213.309.8113.40
Dividend / Share
2.983.523.683.763.803.91
Dividend Growth
-18.12%4.55%2.17%1.06%2.80%
Free Cash Flow
1.83B482.88M574.13M1.46B842.50M1.50B
No. Analysts
-----22
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High42.5B
Avg42.0B
Low41.6B

Revenue Growth

Revenue Growth202720282029
High
1.9%
Avg
0.7%
Low
-0.2%

EPS Forecast

EPS202720282029
High6.72
Avg6.55
Low6.42

EPS Growth

EPS Growth202720282029
High
4.5%
Avg
1.9%
Low
-0.2%