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 4.48% lower than the current stock price, while the lowest is $60 (-27.59%) and the highest is $90 (+8.62%).

Price Target: $79.15 (-4.48%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$60	$79.15	$79.5	$90
Change	-27.59%	-4.48%	-4.06%	+8.62%

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

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	8	8	8	7	6	6
Buy	2	0	0	0	0	0
Hold	16	17	17	16	17	17
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	1	1	1
Total	27	26	26	25	25	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Chris Graja Argus Research	Argus Research	Hold Reiterates $77	Hold	Reiterates	$77	-7.07%	Jun 26, 2026
Jonathan Matuszewski Jefferies	Jefferies	Buy Reiterates $89	Buy	Reiterates	$89	+7.41%	Jun 23, 2026
Michael Baker D.A. Davidson	D.A. Davidson	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Jun 22, 2026
Joe Feldman Telsey Advisory	Telsey Advisory	Buy Maintains $90	Buy	Maintains	$90	+8.62%	Jun 22, 2026
Scot Ciccarelli Truist Financial	Truist Financial	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Jun 22, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

41.97B

from 41.69B

0.66%

from 41.69B

Revenue Next Year

42.59B

from 41.97B

1.50%

from 41.97B

EPS This Year

6.55

from 6.43

1.91%

from 6.43

EPS Next Year

7.07

from 6.55

7.92%

from 6.55

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 29, 2022	Jan 28, 2023	Feb 3, 2024	Feb 1, 2025	Jan 31, 2026	Jan 31, 2027
Revenue	51.76B	46.30B	43.45B	41.53B	41.69B	41.97B
Revenue Growth	9.52%	-10.55%	-6.15%	-4.43%	0.39%	0.66%
Gross Profit	11.63B	9.91B	9.60B	9.39B	9.37B	9.54B
Gross Margin	22.48%	21.41%	22.10%	22.60%	22.48%	22.74%
Operating Income	3.01B	1.94B	1.73B	1.74B	1.77B	1.83B
Net Income	2.45B	1.42B	1.24B	927.00M	1.07B	1.37B
EPS	-	-	-	-	6.43	6.55
EPS Growth	-	-	-	-	0.94%	1.91%
Forward PE	11.01	13.27	12.32	13.30	9.81	12.65
Dividend / Share	2.98	3.52	3.68	3.76	3.80	3.91
Dividend Growth	-	18.12%	4.55%	2.17%	1.06%	2.80%
Free Cash Flow	1.83B	482.88M	574.13M	1.46B	842.50M	1.50B
No. Analysts	-	-	-	-	-	22

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2027	2028	2029
High	42.5B
Avg	42.0B
Low	41.6B

Revenue Growth

Revenue Growth	2027	2028	2029
High	1.9%
Avg	0.7%
Low	-0.2%

EPS Forecast

EPS	2027	2028	2029
High	6.72
Avg	6.55
Low	6.42

EPS Growth

EPS Growth	2027	2028	2029
High	4.5%
Avg	1.9%
Low	-0.2%